Bitcoin Dominance ( BTC.D) is giving a fantastic trading setup. It's preparing a BIG Bullish Swing. From an Elliott Wave point of view, a bullish Impulse Wave is about to start. In this case I'm talking about Super-Cycle (C) (turquoise). Moving on to Harmonic Patterns, there are two: The smaller one is the Bullish Shark, which is preparing its completion. The...
Hello dear friends I hope you have used Bitcoin and Tether Dominance analysis (I informed the exact date of the previous 2 corrections) We are at a stage of the market where it is very difficult to overcome greed, be sure that if the market was going to make more profit than this, I would have opened a long leverage position of 3 or 5 right now, but it is not the...
CRYPTOCAP:BTC #bitcoin dominance is forming W bounce for moving upwards. Money will flow from #altcoin s to #bitcoin . Isn't it clear? NOT FINANCIAL ADVICE.
The relative strength oscillator begins to lean towards the alts, after an initial important upward movement in BTC, the alts seem to want to follow the trend. I can deduce this from the fact that for the first time in the last two years, the oscillator has been downwards for longer than upwards, furthermore it has pierced the previous low, therefore added to the...
Anticipating a pullback to around the 52% zone. If Bitcoin stabilizes or becomes less volatile, some altcoins could see gains. However, if Bitcoin Deomonence tests the resistance area of 55% again, we may continue to see slow movement in altcoins or a downturn in the overall market. We'll share potential trading opportunities once we find them. Be patient and wait...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- The overall picture is as follows. (BTCUSD 1M chart) Looking at the TradingView INDEX chart, it appears that the new high (ATH) has been updated. To date, the StochRSI indicator on the 1M chart has...
According to my analysis, Bitcoin Dominance will follow this path. personal opinion. Good luck.
in the next 3 month wild things will happen, my wild guess either ethereum or XRP will over take bitcoin market cap for a short period of time which will bring down bitcoin dominance to 17% keep in mind i still think bitcoin will be the top number one in the long term, but in the short term (1-3 months ) brace for surprises not investment advise
Imo we're very close to a major direction in Bitcoin's price. Btc.d closing 1w above 54% means ATH. Btc.d closing 1w below 49% means a major lower low. You know which it is. You'll know which it is.
In the weekly chart, Bitcoin Dominance is in the bullish territory, as long as weekly candles close above 53.27%. Below 53.27%, the key weekly support, Bitcoin will share the dominance with Altcoins and BTC.D will decline towards 51.37%. A bearish break-out of 51.37% and #Bitcoin Dominance keeping below this level will push BTC.D to 49% resulting in Altseason....
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It appears to be breaking upward through the 0.886 (56227.18) to 1 (61338.93) range, which was considered a resistance range. Accordingly, it has become important to be able to...
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...
There are signs of the end of the bullish trend in the Bitcoin Dominance Index We convert a lot of bitcoins to some altcoins We bought Ethereum ETHUSDT on the low - but the possibility of Ethereum becoming more bullish than Bitcoin is increasing What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI,...
So guys, I'm doing an extra BTC Dominance idea. All just the way I like it, the power signs on the small timeframes led to power signs on the big timeframes! I have no doubt that BTC D are ending the Wyckoff accumulation, and this monthly candle in the narrow SOS range is meant to test the lower boundary around 46.8-46.5. The July candle should be green! A...
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
... for the cycle Bitcoin could be so strong That even though the others index ( aka shitcoins ) still do well from here. Maybe they don't make a new high for this ratio. As this chart shows -- last cycle all the coins outside the top 10 peaked at 1 : 2 bitcoin.d essentially the others.d was around 20% of the entire total market bitcoin was around 40% Eth...
As you can see, we are approaching a downward trend, which may affect the current distribution of capital on the market. Moreover, Halving is approaching, after which in previous cycles the capital from BTC was transferred to ETH and other cryptocurrencies.
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!!!