Looking at a Bitcoin dominance chart, I am finding lots of technical facts that BTC dominance is slowly going to 97%, do you agree with me? After my drawings I have converted all of my cryptocurrency to Bitcoin as the graph looks terrifying for other crypto market. I prefer to stay out of trading and just hodl BTC as it looks very painful for the rest of the...
Those are the levels I would look when it comes to bitcoin dominance. If we break above the first I'm killing all alts and moving into BTC
Bitcoin's market dominance appears to be at a the precipice of reversal, which would trigger the next wave of Altcoin season. BTC breaking out, above the triangle invalidates this idea. I think we will see an immediate drop in BTC dominance down to at least 59. Some alts will pump in this period while speculating traders take their bet. Upon reaching 59,...
I keep trying to warn people. There is NO alt season until this chart reverses trend. A break down below 57.5-58 and resistance there must happen before alts are worth messing with. Til it does, alts will continue to get rekt. Bitcoin is flexing its muscle and there is still plenty more room for it to run up in dominance. Be very careful in alts, and stop trying...
Just an update on a previous idea. Bitcoin dominance clearly broke down and found support at the 50 day (red line). Orange line moving up is Altcoin market cap. I suspect Bitcoin's price is being kept stable around 8300-8700 in order to facilitate the growth of alts with many alts up over 100% from their May 14th lows.
Looking at Bitcoin dominance, a drop is coming, clear as day. Alt coin season is already starting. Spring is in the air. ;)
There is the first powerful signal for the return of Bitcoin dominance to the launch site. Bitcoin is losing its growth power! Now the best time for buy Alt coins! My Favorite Alt coins for Buy: What Alt coins i want buy now? 1) NEO (Neo) - NEOUSD - NEOBTC 2) ONT (Ontology) - ONTUSD - ONTBTC 3) ETH (Ethereum) - ETHUSD - ETHBTC 4) TRX (Tron) - TRXUSD -...
Hello, here is what we expect to happen in relation to the BTC Dominance. This isn't financial advice, it is just our theory.
This channel has been pretty telling of the bitcoin market dominance. Get your alts ready.
Bitcoin dominance is rising and just broke the 58 level which it hasn't been above since Oct of 2018. Watching for it to find support in this 57-58 area before making a run at the 62 and potentially even the 66-67 level. Do not fight the trend. Btc dominance bottomed in the beginning of April and has been on a tear. Alts are extremely risky, and I have been...
On April 23, the crypto markets took a turn that have some questioning the outlook on altcoins. While the altcoin market has been holding its own against Bitcoin, with currencies like Binance Coin posting 300 percent gains since the start of the year, the market appears to be swaying in favor of Bitcoin. Long time cryptocurrency investors will be familiar with...
A macro view on timing Altcoin entries & exits based off Bitcoin dominance
Bitcoin's dominance rate reached 55.07% today - Its highest rate since Dec 16,2018. As of today it is currently 0.3% away from reaching its highest levels since September 2018. But was does this mean exactly? Since Bitcoin started its rally many Alts have both been taking a hit in both Sats and Dollar value. However, i believe Alts will be in for a relief rally...
Death to alt coins api.coinmarketcap.com
- Bitcoin dominance is currently at 47.8% (August 4, 2018). - Dominance will go above 60% or even 65% by the time the Bitcoin ETF is launched. - Bitcoin ETF will be announced in 2018 (maybe VanEck & SolidX ETF in August or September). - Bitcoin ETF will be launched late 2018 or early 2019. - Bitcoin ETF will come before Ethereum Futures. - When SEC...