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...
We have a double-bottom on the monthly, which also looks like Wyckoff Accum when viewed from the weekly timeframe. It has already broken out and initially targets around 58%. Should that move break through the resistance between 58 and 71%, it could confirm a giant Adam and Eve pattern which could easily send Bitcoin Dominance back near 100%; potentially...
BTC Dominance is at its major support and is expected to rise soon from this level, if this happens then we will witness a major drop in alt coins from 20% to 50% retracement. major drop in some coins like MATIC, XRP, FTM, DYDX, LUNA could be seen in few days.
#BTC Dominance When BTCD goes down ETH & ALTs go up. The downtrend has now been confirmed, buckle up...
I think ETHBTC has bottomed, if not will bottom this month. that in turn means that BTC.D has topped which means alts will have more legroom. Can go on binance and long the ETHBTC Perp in futures.. best average entry is .0513 with daily SSL (soft stop loss) on .04949 Could be more than a couple years until we see ETHBTC or BTC.D at these levels.
CRYPTOCAP:BTC.D Hello Traders, please check out my previous ideas. As indicated in the chart, Bitcoin Dominance can return to the yellow range, near the pitchfork midline. BTC.D can reach Bollinger-midline then starts its downward trend. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments...
BTC.D is made a retest but failed to create a lower low, instead given a break and close above of the Resistance Area. Alts were dumping aggressively right now, as #BTC make short-term aggressive moves, and money started flowing into it. Dominance Reached towards the Resistance area of 54.5%. Still, there's index reached area, so alts will react and might jump a...
The way it looks is that Bitcoin Dominance yet again approached and rejected our Fibonacci resistance. If that resistance holds, we do expect a strong, yet potentially short altcoin season. But remember, not all coins will produce super gains, only a very small portion of them. In our private channel we have shared those that we believe could be those "gems"
The Triple Bottom has emerged in BTC.D. A Triple Bottom is a reversal pattern so I would suggest if you are holding Alts, turn it to BTC. What is Triple bottom? The triple bottom is formed after a period of a downtrend and is formed after the price movement of the stock went lower three times, but found support each time around the same level. After the third...
CRYPTOCAP:USDT.D GEMINI:USDTUSD Hello dear traders. Let's make it simple. USDT.D is close to its stable support level. If there is more outflow from cryptocurrencies, the dominance of USDT.D will increase. At the same time, there are divergences in the price level that can lead to the possibility of a bullish scenario. ✌💥If you are satisfied with my...
Bitcoin Dominance may move down to daily support around ~48-49%. Confluence: It has failed to remain above 53.2%, which is the bottom of a resistance area Not pictured: it has also lost the 50 day SMA and is presently pushing on the 50 day EMA It has formed a smaller rising wedge as it moved into resistance and broke down from the bottom of that wedge...
In this analysis we're going to take a closer look at the Bitcoin dominance, also known as BTC.D. As seen on the chart, the BTC.D appears to be trending downwards over a long period. However, the most recent peaks (red arrows) in the BTC.D value have coincided with the start of the bull-markets. Assuming that the Bitcoin Dominance will keep on going up, there's...
Nice head and shoulder's on the dominance chart Maxi's are not your friend Saylor was calling for 80% dominance just a very short while ago. And yet here we are heading back below 50 Wouldn't be surprised to see massive money rotate into #ETH on the news of the ETF approval. Merry Christmas and Happy Holidays.
While BTC.D continues to rise towards 65%, microcap tokens maintain their dominance, marking the beginning of the pre-bull run, which means you can invest in almost any microcap and make money. Those of us who have been in this for more than 4 years know it. But look at this token: OTSEA, which, even in its beta state and with only 5000 holders and OTSEA IS ONLY...
#Bitcoin dominance has at least another percent to grow. 55.55 is psychological level and I believe it will be tested. Bull run has started. My target is $135 000. What do you think?
Traders, Previously, you'll remember I noted where I thought we arrive on the BTC.D chart. What I did not expect is a break back above 53% resistance. Now, with Bitcoin breaking all kinds of levels, prices, and expectations, market focus is zoned in at Bitcoin. At some point though, I do expect that focus to shift back into the altcoin space and more altcoin...
Currently BTC D found a support on ***51.61%***, where there is also Weekly 200 ema. Expecting the same that it will consolidate between ***51.61 - 52.89%*** with possible uptrend continuation. High probably that after reaching the upper % at around **57.16 - 60%,** the dominance will reject. This bullish scenario invalidates only if it loses the **51.61%**...
The BTC dominance data has been maintaining its upward trend for a year. Expecting significant rises in altcoins without a downward break in this trend could be risky.