#Bitcoin Dominance Chart Analysis:-
#BTC Dominance currently trading at 40.87%
Last Post I told You 40% will be Reversal and same Happened.
Now I am bearish on Altcoins.
We can see Bitcoin Dominance 50% in few weeks.
And BTC pairs more down from this level.
I personally Expecting 30-50% more down Altcoins from here.
BTC Dominance is inverse Proportional to...
During the next days after the last halving the Alts market cap more than doubled and BItcoin's dominance dropped quite a bit. It will be interesting to see what happens this year though it seems that the interaction has changed with altcoins and Bitcoin been more correlated perhaps due to the larger FIAT pools with stable coins. In 2016 most altcoins had to be...
In this graph we have the dominance of altcoins disregarding stable coins.
The calculation is done as follows:
TOTAL = Crypto Total Market Cap
TOTAL2 = Crypto Total Market Cap excludes BTC
USDT = Market Cap of stable coin USDT
USDC = Market Cap of stable coin USDC
DAI = Market Cap of stable coin DAI
So:
Altcoins Dominance % =...
Altcoins Market Cap
By examining the market cap chart of Altcoins in daily timeframe, we can imagine the continuation of the current trend.
Accordingly, considering the analysis of the total market cap and considering the scenario predicted for Bitcoin, it can be considered reasonable to expect prices to stabilize at the current level, and also to refer to the...
According to the previous analysis that I posted, the Altcoins also started to move beyond their previous resistance and now we are witnessing the Altcoins season.
Market value of altcoins in 2017 and 2021 ...
Just one question, will we stomp zone or will we fly right away ??
what is your opinion about Altcoins season time ?
Push like if you think this is a useful idea
Thanks for your support.
I see a lot of posts on Twitter and a lot of new traders making one very big oversight; the relationship of bitcoin to altcoins is very important.
It's important to point out the relationship of bitcoin and altcoins that a lot of new traders overlook. Not all altcoins follow bitcoin exactly but most do so it is important to do your technical analysis and due...
- Fast update
- All in graphic like always.
- if Altcoins breakout this range.
- the speed of the acceleration could be surprising.
- DYOR " W pattern ".
Happy Tr4Ding !
Hello All,
The market has had a great year! Everything has been playing out nicely.
BTC has risen more than most & now we have ETH making yearly highs.
Do we know what is next? ALTS! It has happened too many times in this order.
(First bottom, then entire market bounces, then entire market corrects, then BTC outperforms along with some alts, then ETH...
Total crypto market cap exclude BTC bounced from 0.786 Fibonacci level(59.73B) and passed 72B resistance and Ichimoku cloud and has been poking at 0.618 Fibonacci level resistance(77.13B) for more than 2 weeks. Consider that the double bottom at 0.786 Fib level confirms the beginning of an uptrend. So we expect altcoins to grow.
Given the price action, the best way to look at altcoins is to look at Total Market Cap, excluding Bitcoin (BTC). Right now, the total crypto market cap excluding Bitcoin (BTC) has made it to its 100-day moving average.
As we see it, the most important thing for the crypto space is for coins other than Bitcoin (BTC) to take out its crucial resistance levels....
Pain isn't over in crypto, and Altcoins excluding Ethereum and Bitcoin look about to fall off a cliff here in the monthly timeframe...
I would suggest to take it easy with crypto positioning, perhaps best to sit this one out in USD at a safe CEX and stake it (say Kraken) for a while.
While recently Ripple has been doing well, it isn't immune to these flash...
The Altcoins vs Bitcoin have been growing since early this year.
As we saw recently, money leaving Bitcoin is now flowing to the Altcoins.
Just as money flows from Bitcoin to Altcoins,
When the time comes for the Altcoins correction, Bitcoin will rebound very strong.
Things will reverse:
After strong growth the Altcoins will have a strong correction as a group...
#BITCOIN Dominance Update:-
Guys Altcoins Sessions end or not...?
I will update all information in this IDEA.
Now Dominance is trading at 46%
And this is below of support level so now altcoins is bullish.
But I am waiting for 39% dominance level.
If this comes then I will exit from all Altcoins and Also Update you what will you do for Safe your fund.
If any...
altcoin dominance in weekly broke 2 important resistances , one of them was an bearish trendline and one of them was a high from 2017 . at this point im bullish on altcoins
There is nothing I enjoy more than smurfing on recruit difficulty. Rolling all over eager noobs, just farming them. 500/0 kdr. No mercy.
To know when alts might be about to pop off, to know where you might be in the market you look at easy Bitcoin.
This is an idea about alts but no alt analysis makes sense without looking at BTCUSD so we do this first.
Bitcoin...
