When will the altcoin season come in 2024 ? Let's prepare for this cycle's huge altcoin bullish market 🚀 #BTC.D Righ now, I will share my personal experience to know when the altcoin season will come in 2024. Based on the 2016 and 2019 cycle, I know the important signs based on the BITCOIN DOMINATION CHART. Every time the BITCOIN DOMINANCE CHART make peak,...
Here's the information about Bitcoin Dominance: Bitcoin dominance has never reached a higher level than it has in the past (all-time high). When Bitcoin dominance is at its peak (highest), the total market value of all other cryptocurrencies (altcoins) tends to also reach a new high. Historically, Bitcoin dominance peaks around 250 days after a Bitcoin halving...
We're closely observing the current Fibonacci resistance level for BTC.D. The significance of holding at 55.25% could signal the inception of a potential altcoin season. Exciting times might be ahead!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📌 BTC.D has been stuck inside a weekly range for for almost two years. 📉 However, currently BTC.D is currently rejecting the upper bound of the range , and upper red trendline acting as a non-horizontal resistance. That's why we are speculating Altcoins to gain strength...
#BTCD #BITCOIN #DOMINANCE #Crypto #Market #DUMP #Soon #Eddy (("My analysis of BTCD"BITCOIN DOMINANCE" is like this, from my point of view, it is possible to track the position of short selling transactions on most currencies in the market.")) - What do you think? Have you checked BTCD in this time frame? Write me in the comments! - My confirmations are based...
BTC dominance pumped to new local high at 55% probably 57% in sight. ETF news becoming a reality it seems so we might see 60% and higher in that case, is that a white swan event or what?
Bitcoin is putting a serious hurt on the rest of the crypto markets this fine Monday morning. It's bust above 40K was powerful and hasn't given much look of slowing up. What I am looking at is the Bitcoin Dominance. WIth it pumping over 54%, this means the the majority of the money in the entire cryptocurrency industry is flowing into the top coin, for now. Once...
..."You little filthy retail, take my ETH now. Since it is unlocked and in a profit. and choke on it ! " You can already see how they 'talk' via all the twitter and YouTube influencer b.s. feed. BTC Dominance without stable coins tells the real story. BTD Dominance is in uptrend. It did not finish yet. This is the 'buy local top on ETH' moment for retail....
BTC spot ETF has been approved. This is why i have been saying to load up at these bear market levels. Not a time to fomo now, be patient. Its a NEWS pump. The risk of not loading at these Bear Market levels is too high. Once we dip start scooping, prepare for all scenarios, keep in mind a black swan can always still appear with the state of the world. Crypto...
If you enjoy this analysis, please like and follow. Ever since BTC fell through the 2023 bull-market support line, things area looking bad for the market. I've made several bearish bets recently, which have been playing out great. Some investors like to flip-flop their bias constantly, but it's much more beneficial to approach the market from a IF-THEN...
Currently it looks like BTC D is topped at 52% area with a major retrace visible on the weekly. Weekly close approaches in 3 days, once we have a closure we can be more certain of the direction. Still have major alt exposure at these levels but mainly in BTC ETH and stables for now still as the halvening is months ahead.
Descending channel on the daily chart with 50 day MA touching top of channel just as trend entering the ichimoku cloud. If you look back along the channel both times the ich cloud has been entered it has lead to a further move downwards. With the macro looking pretty bad with the SEC going after the whole crypto market except bitcoin. No resistance plus a rising...
In my most recent analysis on BTC.D I wrote that we were at an important resistance area. We would either blast through the resistance, and continue the Bitcoin-only bullish move, or we'd see a reversal where alts would start to outperform Bitcoin by a large margin. As seen on the chart, BTC.D has seen a reversal from the top resistance area. This has given...
🔶 The Bitcoin Dominance (BTC marketcap / total crypto marketcap) has reached its highest value in nearly two years 🔶 Predicted in previous BTC.D analysis: 🔶 Alts been underperforming BTC in 2023 🔶 BTC.D goes down, BTC stable or up = altseason 🔶 BTC.D goes up, BTC up, alts bleed against BTC 🔶 Both BTC and BTC.D are on critical resistances, be careful!
In this chart I want to shed some light on the Bitcoin Dominance (BTC.d) and the fact that it's severely "overbought". I'm aware that the BTC.d chart is not representing price, hence applying Technical Analysis on this chart is dubious at best. Still, the RSI indicator appears to be very decent for signaling reversals, even on this chart. As seen on the bottom,...
As the stock market experienced a significant downturn today, Bitcoin continues to show signs of strength, defying traditional market trends. The wave master indicator on the 4-hour timeframe suggests that Bitcoin may be on the verge of a final upward move. In this write-up, I will explore the potential impact of this move on Bitcoin's price, altcoins, and market...
As I discuss in the past about BTC dominance and here you see the result of Bitcoin dominance and what is next now. I see a trend that is super solid maybe it rejects its major resistance in the first go and the continuation of a higher high trend and makes a new higher this year.
In the dynamic world of cryptocurrencies, we are constantly monitoring market trends and looking for cues to predict future price movements. One such trend that has caught my attention is the Bitcoin dominance trading range (as I've discussed many times previously), which has been oscillating between 40% and 48% since May 2021 (almost 2 years). As the market...