Should Bitcoin Dominance fail to reclaim an old neckline at 57-58%, it will likely drop back down to its recent lows and continue down to make a new ATL just below 35% Presently, Bitcoin dominance may fail to get above 54.09% on the weekly chart, after losing its uptrend and getting stopped 3x. If instead it does get above it, it still has to reclaim the...
This could be a top.... Triangle clearly formed. If it breaks up at this location, it would be very incongruent to other triangle patterns I have seen. I welcome your thoughts and ideas and disagreements.
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!
Now things with the Bitcoin Dominance can really get exciting! This is because what we might be witnessing a potential completion of a 455-day-long ABC corrective pattern. Building on our earlier analysis of BTCD, we highlighted a clean bounce off the 641.4% Fibonacci resistance.
Latest Report on Bitcoin and Crypto Market Developments Our analysts have closely monitored the immense price action and developments driving performance in the cryptocurrency sector. This report aims to accurately outline relevant factors supporting Bitcoin's ongoing uptrend and the overall bullish sentiment across digital assets. Bitcoin posted a series of new...
According to the chart of altcoins and the chart of Bitcoin Dominance, it is possible that we have a higher H for Bitcoin Dominance. If this happens, we will see a serious correction in altcoins. Be careful with your buy/long positions on altcoins in the coming days. Comment if you have any questions Thank You
📉Hi Traders, Investors and Speculators of Charts📈 Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's mind... wen altseason ? Parabolic rallies often occur across the altcoin market after a steep increase on BTC and when BTC trades sideways and loses dominance (BTC.D). I'm not going to go into too much detail here, as...
Bitcoin Dominance hasn't even begun to drop yet and we've already seen coins like BCH pump 40% in 24 hours. Altcoin season is just getting started and we have a LONG way to go! (Get it, because LONG is the way to go!) We've been waiting 4 years for this!!!
Bitcoing dominance at a critical level now. If BTC.D break upper line with weekly candle, BTC will pump more and BTC will make a new ATH in 2024. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The...
Correction from 54.40% to 52.8% looks like it has completed completed with a mini divergence in price and volume, Based on the chart, you can see a 3 wave correction cycle which is WXY has completed, and from here Bull continuation cycle is expected to the new ATHs. Expect Bitcoin and other tokens or crypto currencies to continue rising.
The Bitcoin Dominance chart reveals a bearish divergence on the 3-Day chart, a signal we previously highlighted in our analysis. Since then, BTC.D has engaged in a range-trading dance, marked by the emergence of a Lower Highs and Lower Lows pattern. The plot thickens as BTC.D approaches the downtrend trendline, poised to act as formidable resistance. Should this...
Bitcoin Dominance (BTCDOM) has formed a distinctive double top at 2380, a key level marked by a bearish divergence observed in the MACD oscillator. While a strong support zone has emerged around the psychological level of 2000, a critical shift could be underway. It's important to note that BTCDOM has breached below the 50 Moving Average on a 3-Day chart,...
Bitcoin Dominance is Bullish. We just broke-out of a correction cycle, with the WXY correction cycle complete, after we had liquidity @51% which signalled a bull continuation, @52% we have another signal for the bullish move continuing. Just thought i should share, as this helps with also understanding why Bitcoin might be going up in confluence with the fundamentals.
The statement is made to stablish what I believe is obvious, but considering what I've been learning from all on CT, this is my opinion of course, not financial advice. BTC market share around 10T Total Market Cap would reach maybe 3.3 on present cycle, where ETH may reach 1.1 with SOL.D above it by small % maybe reaching 14% on a very tiny window. All behaviour...
BTC.D - bitcoin dominance - momentum fractals just taking a quick squiz at this dom chart. been neglecting this one. cycles of degen: bitcoin pumps again leaving most alts behind. select few alts pump with it or beat it % wise. btc dom flats out and another wave of alts pumps. everything dumps.
#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...
Hey crypto traders, if you don't know about the Bitcoin dominance chart and why it matters for all you traders out there, listen up! So, picture this: the BTC.D chart on the daily timeframe is throwing some serious signals at us. It's like the crypto market's version of a head and shoulders pattern, and it's currently hanging out just above the 50% mark. The...
BITCOIN DOMINNCE is trading at daily support if it manages to bounce back we can see dump in altcoins soon.