BTC.D Bitcoin Dominance - Alt season is here!- Bitcoin is weak now, there is not enough fuel to continue parabolic for another weeks
- I think bitcoin will go sideways, and altcoins can experience a nice pump to the upside
- Better to buy ETHEREUM for massive gains
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Btcd
Which maximalist are you ?1 Orange coin vs Altseason
Today on coinguekcko
Coins: 6019
Exchanges: 408
Market Cap: $449,813,748,595
24h Vol: $79,452,890,716
Dominance:
BTC 64.5%
ETH 10.9%
USDT 3.78%
CoinmarketCap:
Coins: 7 597
Market: 32 255
MarketCap: €374 494 098 803
Vol 24h: €164 455 142 889
Dominance BTC: 64.3%
btc.d is about to do a top outBTC.D is about to hit the top of the channel, which should give alts some relief. Lots of new money has come in to the market but most of it went into Bitcoin. It would be a good time to start laddering into some alts. The R:R ratio is good and capitulation is setting in. Market psychology is saying to dump alts and a majority feel the same way, which makes it an ideal time to get a small rally going. We need BTC to stay above 11.6K, which would confirm support of a Bull season (ideally at the end of November (monthly candle), to be on the safe side). Once that is confirmed, I would go all in on the top 15 alts of your choice. The return of profit would be highly probable at that juncture. Good luck friends, we are in bull territory already, just need that confirmation!
Massive volatility in BTC.D yesterday. Good News or bad news?Obviously we are going to see a fractal low in BTC.D, & we have got ParabolicSAR dot switch same day. Other clues can be found in BTCUSD Longs and BTCUSD Shorts - both green bars. What next. Simple. Find all previously matching days. Best moves have been when price low on the day has been above 20MA. NOT ADVICE DYOR
Break Through ? BTC.D #btcd #Bitcoin $BTC #cryptoHere we see our Bitcoin Dominance chart that finally broke out of that downtrend channel ! And right now we are sitting inside that 1 day Ichimoku Cloud . I don't think we will drop out of it after spending so much time to get inside of it ! So surely we are either going to the top of the cloud or actually we will break through it . If you see where the red arrow is pointing near the end of October ? That looks like a very probable area to break up through the cloud and continue this Dominance rise . Of course Bitcoin broke up to 11100 last night so we are seriously expecting 13k ( some are calling 15k also but we have to wait and see on that . ) Also can you see the Blue gift on the chart ? That marks November 3rd which is the US election and I wouldn't be surprised if we see some fireworks then !
Bitcoin Dominance BTC.D -Head and Shoulders pattern is breaking!As you can see, altcoins are falling heavily right now. It is because of this head and shoulders pattern! I would exit all altcoins now and buy for a cheaper price. Or you can short any altcoins on any futures market.
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BTC.D cant make any cense CRYPTOCAP:BTC.D
Hello everyone 😃
As we can see 👀
- Rejected from top flat
- Rejected from BBs top neither
- Top flat triangle
- EMA 50 is catching Trend
- Bearish crossover on Stochastic RSI
- MACD is being bearish
- Little convergence on RSI
We are in bearish phase on dominance and it means BTC will slightly going down as its Neutral now !
If dominance break flat top of triangle it will charge BTC to higher levels and it will be the end of Altcoins with low market cap.
Also we had Bearish setups on indicators, If dominance fail to hold into triangle we will fill the gap on CME till 11100.
But now ! we can say market is neutral ( BTC have many bullish setups on weekly chart, but now ! NEUTRAL !! )
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
BTC.D / Bitcoin Dominance about to drop? #BTC.DThe Bitcoin dominance has been falling ever since september of 2019.
Since late august of 2020 it has been rising though and altcoins have been bleeding against Bitcoin.
Now might be the time to continue the descend.
The level of 60.35 seems to have been significant on numerous occasion, working as both restistance and support in may of 2019 and again july-september of 2020.
The chart went below it mid-august and has since struggled to break above it. I believe it will keep struggling, get rejected again, fall further letting altcoins surge.
Will see...
I still believe that BTC.D should at least go to 50.0 before it's super-domination begins.
Bitcoin Dominance BTC.D - Head and Shoulders + Broken trend lineHead and Shoulders pattern is still valid. This is extremely bad for altcoins, this Head and Shoulders pattern is powerful. Also, the major trendline to the downside is broken. Big move is probably coming and it will be nasty. You can short altcoins on Binance Futures / Bitmex or move your Crypto to USDT temporarily - only for traders. Monthly chart is still bullish for altcoins.
Bitcoin Dominance BTC.D - Bearish Head and Shoulders This is extremely bad for altcoins, this Head and Shoulders pattern is powerful. Also, the major trendline to the downside is broken. Big move is coming and it will be nasty. You can short altcoins on Binance Futures / Bitmex or move your Crypto to USDT temporarily - only for traders. The monthly chart is still bullish for altcoins.
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Bitcoin Dominance (BTC.D) - October 5thBitcoin Dominance gapped down through a 3-year uptrend from 62% to just under 60%, sitting at 59.34% at the moment. This is a good indicator for altcoins going into this next week and even month, that it will be a good month for altcoins in the respect that select ones should out perform Bitcoin very well, such as a handful of the DeFi projects we've seen throughout the summer.
I expect the price of Bitcoin to continuously be rising, but altcoins that have an actual use case should do even better.
Bitcoin Dominance BTC.D - Rising wedge + Elliott waveAlt season is currently in progress. The rising wedge pattern is broken, which massively favor altcoins speculators. This rising wedge pattern lasted almost 2 years. Also my Elliott Wave count is completed.
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Election Day Top Out ? BTC.D #btcd #bitcoin #dominance #cryptoWill BTC.d rise by November 4th ?? Here we see the BTC.D chart which has been in this lower range for months now . I've been waiting for this chart to turnaround and head back up . For me when the rsi on the BTC.d chart hits 74 or higher on the 1 day chart then Btc is usually a sell ( to take profits ) and alts are usually going to be a buy at that time as well . Right now with rsi at 41 it's really a 'No Trade' zone for me . My favorite trades happen after we see this Dominance chart top out. When will that happen ? It's been months already . Well , there is Election Day in the US which is November 3rd this year . I expect Bitcoin will run back up by then - possibly to 14k - but really I expect our BTC.d chart will be bullish possibly going up to where that Blue Gift is on the chart - near 68 resistance . Will this be good news for us by early November ? I certainly hope so ! November 4th ?? Let's see !
Bitcoin Domiance | Elliot Wave | Fibonacci setupwe bounced from 0.618 fibs and also bouncing from the fib
let's take a look at the green elliot wave formation we are now at correcting waves and going for C waves around 70
at C wave completing we are also hitting B wave of red EW .. and from their we can touch around 50