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Btcd

Bitcoin Dominance BTC.D - Downtrend continues! | Elliott Wave Bitcoin is still a very weak asset, compared to altcoins or the stock market index. As per my technical analysis, bitcoin's dominance should go down to the previous swing low established in 2018. You can bet there will be a bounce, but the question is, how big is the bounce going to be?  As you can see on the chart, the ABCDE pattern has been completed, which usually indicates a final upcoming wave. It's something like triangles in fourth waves. It's hard to do an Elliott Wave count here, because this is not a standard chart. This chart can oscillate only between 100% and 0%. We don't know if the first drop from 100% to 35.41% is an A wave of the correction or a 1. wave of the impulse, because there is no major trend. It's an oscillator. There is a very high probability of going down to the previous swing low because charts like BNBBTC, LTCBTC, XMRBTC, TRXBTC and others look bullish. It's probably a good idea to switch to Bitcoin when the price reaches my target. For more analysis, please hit "Like" and "Follow"!
CRYPTOCAP:BTC.DShort
by UnknownUnicorn2537518
61
#BITCOIN DOMINANCE 2DAY UPFDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC.D UPDATE:- BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing sideways behavior, that would be a bullish sign for ALTS, if BTC moves sideways or move upward. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
2
WEEKLY UPDATE BTC/USDHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USD UPDATE !! BTC Weekly Update Me BTC is trading above 200MA We can that BTC is holding 200MA support but RSI is showing resistance for BTC if BTC may bounce from here altcoin bullish. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
2
BTC.D - The Alt Season just started! + Elliott Wave The 14-month consolidation period has ended; it was truly an endless period of price action, but nothing lasts forever! ABCDE rectangle/triangle has been successfully finished and now we can finally continue in the direction of the main trend. According to my Elliott Wave analysis, we are now in the 3rd wave and this could be huge! Bitcoin Lightning network is still not supported by major exchanges because it is not in their business plan, and this is definitely a positive sign for altcoins. What to do during the alt season? It's good to pick promising altcoins, which is not an easy task, but even very bad coins can easily pump. Look at my ideas about interesting altcoins in the related section down below. For more ideas, please hit "Like" and "Follow"!
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
52
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! As BTC got rejected and meltdown by 7% from upper trend line resistance level, its currently trading on a green support level of $22.7k . BTC needs to hold this level to regain above towards its upper resistance level again. As BTC holding this level well, chances for upright movement is likely in upcoming candles. Here BTC geting also support of blue MA. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
2
Do you think willHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! What will happen to BTC from here What do you guys think Comment ???????? Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
7
Dominance BTC.D - ALT SEASON STARTING! + ABCDE Completed The 14-month long consolidation is over, it was truly an endless price action, but nothing last forever. ABCDE rectangle/triangle has been successfully finished and now we can finally continue in the direction of the main trend. According to my analysis of Elliott waves, we are now in the 3rd wave and this can be huge! Bitcoin Lightning network is still not supported by major exchanges, because it is not in their business plan and this is definitely a positive sign for altcoins. What to do during the alt season? It's good to pick promising altcoins, which is not an easy task, but even very bad coins can easily pump. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
CRYPTOCAP:BTC.DLong
by UnknownUnicorn2537518
18
Bitcoin Dominance Ascending ChannelThe Bitcoin Dominance Index (BTC.D) chart is trading within an ascending channel. It feels strange, this chart. Putting together all the data we've been collecting in the past few months, I can't make anypredictions here but, we can focus on reading the chart. > The ascending channel is bullish. > The fact that BTC.D is trading above MA200 is also bullish. > We have higher highs since January 2022. Bitcoin Dominance can easily grow here based on the chart technicals. Namaste.
CRYPTOCAP:BTC.DLong
by AlanSantana
3
BITCOIN DOMINANCE giving us the right rally signalThis is an offer overlooked metric. The symbol BTC.D which represents the percentage of Market Cap BTC Dominance can be a reliable indicator for Bitcoin's (BTCUSD) long-term moves on a Cycle scale. As this chart on the 1D time-frame shows, during the previous Bitcoin Cycle (pane below displayed in orange), the rally coincided with the BTC.D breaking above its 1W MA100 (red trend-line). On June 12 BTC.D approached it but fell sharply again below the 1D MA50 (blue trend-line), finding Support on the 1D MA200 (orange trend-line). Right now the price is attempting another rebound, compared to late 2018 we can be anywhere within October - early December 2018, meaning that such volatility may be indicative of one last bottom before entering the new Bull Cycle. Regardless of that, crypto investors with patience in their mind can wait for the right opportunity to buy when the Bitcoin Dominance closes a week above the 1W MA100. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
CRYPTOCAP:BTC.D
by TradingShot
4
Bitcoin Dominance letting Altcoins fly?Right now a lot of people are ready to send BTC.D to anywhere from 50 to 60 %. 50 % would be and obvious level to get rejecting and for the chart to turn around. I've said it before. I believe we will see Dominance go to 47-49 %. One last $BTC drop to $24-26,000 sending Dominance up in that area. That dip won't be long and Bitcoin would be back around $30,000 in no time. More and more will start believing Bitcoin has bottom -> Faith in Etherium and Altcoins will be restored -> Dominance falls. Be careful out there. Please share and comment.
CRYPTOCAP:BTC.DShort
by FourApplesADay
2
$BTCDOM/USDT 2D (#BinanceFutures) Rising wedge on resistanceBitcoin Dominance Index looks locally topped and about to reverse mid-term, let's give it another try! Current Price= 1517.1 Sell Entry= 1517.1 - 1572.5 Take Profit= 1411.7 | 1311.6 | 1211.1 Stop Loss= 1656.1 Risk/Reward= 1:1.2 | 1:2.1 | 1:3 Expected Profit= +17.24% | +30.20% | +43.20% Possible Loss= -14.40% Fib. Retracement= 0.236 | 0.382 | 0.559 Margin Leverage= 2x Estimated Gain-time= 5-6 months Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance Contract: www.binance.com
Short
by TradingOn
📊BITCOIN destroys ALTCOINS! How long will this go on?Bitcoin is falling but all money flows into it. Almost all alts are destroyed and fall for 85-90%. Only few of them still follow the BTC and fall for 65-75%. But is it finish for alternative coins fall? Now the Dominance is close to the 50% which were described in this idea. I think the 50-53% are become the top for the BTC.D. 📊Even if Bitcoin falls to the bottom and consolidates there, altcoins continue to lose capitalization. And even if the decline of the crypto market has stopped, altcoins will continue to lose value. As a rule, this happens because long-term holders of altcoins become not by their own choice. If you know what I mean. This was in 2018 and 2020 after Bitcoin fell to its lows. Altcoins begin their huge growth and Altseason✅ after the main cryptocurrency (BTC) renews✅ its highs and hype returns to the crypto market. So keep this in mind! 📈Why the Dominance in the long-term downtrend? The numbers of Altcoins is growing through the time and in any case money flows to the alternative coins. So, the dominance will fall to 20-30% with high possibility in 7-10 years . Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
6
BTC.D Intermarket Analysis This is the BTC Dominance (BTC.D) chart. BTC.D Down = BTCUSD UP BTC.D UP = BTCUSD Down Right now the BTC.D Chart is at a discounted market, however, it seems to be trading up into a premium market which is (technically speaking) why BTCUSD has been falling recently. Based on this chart, BTC will likely drop a lot more from where it's at should we reach up into a further premium for the BTC.D market. What is BTCD? BTCD is short for Bitcoin dominance (BTCD) and is defined as the ratio of Bitcoin's market capitalization to that of the rest of the cryptocurrency markets. Bitcoin (BTC) is a digital currency that was first introduced back in 2009.
CRYPTOCAP:BTC.DLong
by KnowledgeAndProfits