Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Everything on the chart. The minimum requirements for the formation of an impulse in wave (C) have been completed. Confirmation of fall - 54%. Alternative: one more upward movement in 58-60% zone, then trend reversal. Longterm target zone: 35...
Hello my fellow Cryptocurrency lover, I am looking at the Bitcoin Dominance chart today at your request; let's see what the chart has to say! First, an introduction! The Bitcoin Dominance chart is an index, it shows Bitcoin's dominance within the Cryptocurrency market. This chart will not tell you if Bitcoin or the Altcoins are going down or up but this is...
There’s a Wayne Gretzky quote that’s been repeated in thousands, and thousand meetings, PowerPoint presentations, and I’ll repeat it here, on TradingView: "Skate to where the puck is going, not where it has been". It’s a wonderful thought: Instead of chasing what’s already happened, try to get a step ahead! And hey: Wayne Gretzky once scored 92 goals in an...
#BTC Dominance teeters on the edge of its maiden weekly close post #BitcoinHalving! Anticipating potential alt corrections and prime entry points? Stay tuned for an in-depth analysis on navigating the impending altcoin season. Show your enthusiasm with likes and retweets if you're eager for it! Cheers! 🚀
As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again. It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance. Historically, bull-markets (especially for alts) started...
Expecting a large retrace for BTC.d Levels are marked as green and red horizontal lines. This could very likely spark a major alt season!
rising wedge pattern is consolidated in 3d chart need a breakout of the lower side of the pattern in HTF as 3d chart then btc dominance must decline 20% from here so we could tell welcome to Altseason2024. thanks and for more ideas hit "follow" and "like"🎯 tell me in comment section when u think Altseason2024 will start
Bitcoin has been on a tear for quite some time now in compression to alt-coins, but it looks like the alt-coins will start gaining against BTC for the foreseeable future.
Many are asking "When will #Bitcoin push again" And while it is impossible to say , we can get pointers from charts and the BTC.Dominance Chart here gives us an idea that BTC.D will meet Support next week, around Last week April / 1st week of May Its a good idea to understand that just because BTC.D Rises, BTC does not always follow but the combination of the...
As previously event of halving has come the dominance is dropped and we have seen a mini altseason before btc ath and this time the scenerio is little different and I believe that next three months we will see altseason after we see some correction and then mega altseason with btc new all time highs.
- This graph is purely based on fibonacci law. - 61.8% is the core of the system ( check rectangles in graph to get it ) - Most of long term traders not even look at the price. - they just wait the good time to buy using Fibo. - in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH) - in 2021 BTC Dominance pushed to 75%...
History of TOTAL2 and BTC. Looks like short-term bullish trend on BTC.D to 55-56. May correlate with rise in BTC price followed by a retracement and ALT season. What do you guys think?
#Analysis of Dominance Bitcoin Time 1W In the weekly time, this index has reached its most important resistance range, and we can expect that this index will enter the corrective and falling trend in the medium term and witness the beginning of the upward trend of altcoins in the long term.
Pre-Halving BTC Dominance has almost been completed. BTC.D pump was to sweep longs and went exactly till the last support level created after post-halving dump in 2020. We might have a major alt rally while approaching May - June if BTC remains stable.
Here's my take on dominance: we're nearing a potential top-out phase. With over 185 days of consolidation, once we breach the trend line, it could signal the start of altcoin season. Stay resilient and don't get shaken out! #Crypto #AltcoinSeason". BUY MORE
I tend to believe that btc dom reached local top here. 3 months of chop, maybe ordinal season? strong allts only 3 months of uptrend, btc solo run to 100k, alts bleed/ chop against bitcoin. then 6 months: btc to 200K & great alts season till end of Q1 of 2025. Sell everything on first of April and this is not a lie (they can easily manipulate this one) 365...
Trying to see when this peaks, I have the following feeling
BTC has fallen just after BTC halving as expected, for mini bull rally for alts BTC dominance should break this level also. IF BTC Dominance breaks this level and BTC pumps or stays sidewise for few days, we might witness a mini altseason.