I love altseason and i'm sure you do also. i know there's plenty hype beginning in altcoin somewhere in the corner.. i'm more confident to said it's "altseason" if the line manage go below 58.7%. i expect a hard downfall toward the fibonnaci line around 56.8 % and high probability for the altseason. conversely, in some magical moment it do broke 60% and close...
Hello, here is what we expect to happen in relation to the BTC Dominance. This isn't financial advice, it is just our theory.
Hi Everyone, Look at this big triangle. I think the big triangle is very strong. Right now btc dominance: 61.55 According to this tecnique, Btc dominans wont cross up 62.50 ratio level. Btc Dominance must fall in 1-2 week for balance. What must be happen for falling and How Altcoin Time Come? Btc must fall with big amount, provided that btc is above the Week...
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...
BTC Dominance can make correction here, and it's time for Altcoins but this is just a small wave. So don't be greedy in this turn BTC Dom can rise up to 61% in next months
Hi everyone. Btc Dominance is in the big triangle pattern. But the dominance breaks the big pattern. What does it mean? It means btc will increase and altcoins will lose their value. Be careful!
Confirmation: 55.53 Invalidation: 52.87 Type of Trade: Cyclical Pattern: Bullish Flag How to interpret this data? For longs: Altcoins (i.e., ethereum, litecoin, bitcoin cash, etc.) likely to underperform Bitcoin. Altcoin traders are likely to convert holdings to Bitcoin. For shorts: Altcoins shorts likely to outperform Bitcoin shorts.
So, here is how I see a potential fall of BTC dominance. Right now it would make perfect sense - before BTC halving (which is next year) it would be perfect time for ALTS to shine.
BTC dominance macro-view: Now we will close BELOW monthly MA resistance which is an incredibly bearish sign for bitcoin dominance and also we will close below the MAIN support line which now will switch it to be a strong strong strong resistance MACD (momentum) still going down and hope to switch to the bearside to have a beauty altcoin season Bear cross at...
Bitcoin dominance chart shows some interesting patterns. At the beginning of the bear market, the bitcoin dominance dropped significantly from the last shitcoin bubble. The bitcoin dominance did a W bottom, and then hits the expected target around 55% with the etf new rumor. After that, the bitcoin dominance started to form a bull flag , based on the symmetrical...
we are in a accumulation phase. as long as we are in the triangle any trade is not suggested. but according to the last hammer (2018 low) i think it's likely going to breakout to the upside. and also the bitcoin dominance seems to meet it's top and i can see a possible altcoin boom. some signs of this have happened to XRP and GOCHAIN. but if we break below the...
Percentage of Total Marcet Capitalization (BITCOIN DOMINANCE) Today we will talk about the bitcoin dominance index (Bitcoin Dominance). The current value is 47.4 %. Dynamics for the week -1.5 %, for the month +11.84 %, since the beginning of the year +26%. The Tradingview site does not allow adding an image to the text of my idea and there is no tool for...
- 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...
Bitcoin price correction and this so called "levels of artificial price" which is being hold by sharks 'n' wales should not last long. When Bitcoin makes his next retracement (which is happending already), you should all cashout your positions (except maybe XRP or few more altcoins), but, in general, whole market will make a 30%+ dropdown. Therefore, i' m...
The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive...