BTC DOMINANCE Update (1D)This analysis is an update of the analysis you see in the "Related publications" section
In the previous analysis, the price didn’t reach the red zone and experienced a heavy drop, exactly as expected. This highlights the importance of this level.
However, before anything else, you should know that from the green zone, we anticipate a significant pump in Bitcoin dominance, which will lead to an altcoin correction. When this zone is reached, you should sell your altcoins to be able to buy them back at the bottom.
Stay with us to capitalize on the altcoin season!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Btcdominance
Btc Dom - There's still a long way to goCRYPTOCAP:BTC Dominance 1W;
Below is my chart of the Bitcoin Dom chart, which I have been pointing to 61.61% for a long time and I expect it to rise to a maximum of 62%. With the return from 61.53%, the market has now started to smile.
What's next?
There is strong weekly support at 56%. This level drops to 55% on the monthly.
This is a strong support and with its theme, it will make a retracement upwards.
I know you don't even want to hear anything negative when everything is going well, but if we ignore the facts, what's the difference from emotional thinking?
There is a quote by David Hume that I love and use as an example in my life: “ If we stop here and go no further, why have we come this far? ”
In short, I want to say that there is still a long way to go for Btc Dom. I will not be surprised if this bull period happens again if we see the 72% level that I have been pointing to for a long time.
Of course, we are talking about probabilities here. That's why all charts have a 50% margin of error. If one day you see someone or some people telling you something that is 100% certain, stay away from them.
#Btc #Bitcoin #dominance #bullish
USDT dominance on the 4-hour timeframe.The price is trading within a clearly defined descending channel.
The current movement indicates rejection near the upper trendline, which suggests continued bearish momentum.
The 50-period EMA (red line) acts as a dynamic resistance.
The recent retest and failure to close above it confirms the bearish bias.
The chart suggests a move towards the channel's lower trendline, around 3.85%- 3.90%, as the next support area.
The lack of breakout volume indicates continued selling pressure.
If USDT dominance breaks below 3.90%, it could signal strength in crypto assets, with altcoins seeing a rise.
A breakout above the 50 EMA and upper channel trendline could reverse the trend.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Bitcoin Dominance Down and Alts PUMP!Bitcoin dominance or BTC.D has been on a rip for a while now but as we start to see more altcoins pump its fair to see the correlation of bitcoin dominance dropping. Sideways is also good, but if this looses the major support and starts to drop I expect to see further liquidity moving into altcoins at speed.
Now it could bounce back up and continue higher, which would indicate the move for bitcoins not nearly over. I am keeping lots of alt-positions, taking profit in part on pumps but leaving some moon bags for when BTC.D eventually drops and alts go wild.
NOT FINANCIAL ADVICE
Happy trading
The Line That Define Your Upcoming Generational Wealth [BTC.D]Since Q3 this year, the VWAP line has been acting as a fairly strong support level. This maybe indicates that crypto market participants are closely watching this indicator as an important reference point for Bitcoin's positioning relative to other cryptos.
If this line gets breached, it could signal a broader shift in market sentiment. A breakdown of this support could open the door for a more dominant altcoin movement, with capital flowing from Bitcoin to the wider crypto ecosystem.
This could provide a valuable technical clue to help answer the $420trillion question : 'wen altszn?' .
Thanks for reading 😊
🚀🚀🚀
Bitcoin Dominance: Elliott Wave and Harmonics ComboBitcoin 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 second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done.
So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone
Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
Altseason Starts SoonThe Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure:
Key Observations:
Repeated Patterns:
The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly 231 days.
Each phase seems to correspond to a bearish period for Bitcoin dominance, where altcoins gain relative strength.
Halving Impact:
Vertical lines mark Bitcoin halving dates (green lines), which historically have a significant impact on the crypto market.
Following halvings, BTC dominance often rises as Bitcoin leads the market in initial rallies.
Projection:
The chart projects a decline in dominance after the current rally, extending into mid-to-late 2024.
A potential drop to ~44%-46% dominance is outlined, indicating a possible altcoin season or broader market rotation.
Support and Resistance:
The chart highlights a resistance zone around 62% dominance, which Bitcoin dominance seems to have tested recently.
A bearish breakout is suggested, aligning with a downward trend in the future.
Possible Interpretation:
Short-Term View: Bitcoin dominance might continue upward for a while but could face resistance near 60%-62%. If this area holds, a reversal could lead to dominance declining, benefiting altcoins.
Medium-Term View: If the projection holds, BTC dominance could see a prolonged decline lasting nearly a year, dropping below 50%. This scenario typically coincides with altcoin seasons where altcoins outperform Bitcoin in relative gains.
Risk Factors:Bitcoin dominance does not always drop due to bullish altcoins; it can also decline during a market-wide sell-off where Bitcoin loses less than altcoins. Macroeconomic factors, regulatory changes, and adoption rates could alter the outcome.
Possible Top for BTC/ETHI can see a possible top on the BTC vs ETH chart. It has clearly gone up alot and if you combine that with the divergence on the RSI + BTC Dominance about to fall the possibility for this to happen gets stronger!
This means that Ethereum is about to go for a run and if that happens alot of projects based on ETH will have a big rally.
BTC dominance and AltsznLet me preface everything with "NOT FINANCIAL ADVICE."
Right.
So, it’s been a crazy Uptober, hasn’t it?
When we thought CRYPTOCAP:BTC was going to continue its bear market trend from February 2024, the Trump trade happened.
Everyone was caught off guard—or maybe, like me, you were too.
So, I set out to find the next alphas. Presenting...
The Three Amigos: VeChain ( NYSE:VET ), Zilliqa ( GETTEX:ZIL ), and Helium ( FWB:HNT ).
Why these three? And why the 1986 comedy title?
Well, first...
VeChain ( NYSE:VET )
Targets and ROI if you bag them today..
Zilliqa ( GETTEX:ZIL )
Targets and ROI if you bag them today..
Helium ( FWB:HNT )
Targets and ROI if you bag them today..
(Side note: I love how TradingView has incorporated these subcharts into posts lately!)
In the 1986 comedy, a small Mexican village hired three out-of-work silent film actors to defend their community.
Initially, the trio thought they were performing a paid acting gig but soon realized the danger was real. Using humor, limited skills, and newfound courage, they rose to the occasion.
Similarly, today’s crypto markets have plenty of altcoins that have been underwater for ages—out of hype, out of demand, and far from a bull run.
It seemed Bitcoin’s dominance was going to climb even further, but then I spotted this resistance level. Digging through my list of coins from 2020, I found crypto’s Three Amigos.
Fundamentally, this trio has endured upheavals and enjoyed comebacks.
Technically, they’re either approaching or breaking their long-term down-sloping trendlines.
If I had to pick my top three to defend my portfolio against Bitcoin dominance, these would be my choices.
These are my Three Amigos. Perhaps you can share yours!
Will BTC Dominance Break Through 68% ?Things are about to heat up with BTC’s price action, potentially reaching new heights, while altcoins may remain in the lows for now. I’d enjoy riding BTC’s momentum with the expectation of an eventual altcoin season. Historically, as BTC climbs higher, altcoins tend to follow—but in crypto trading, nothing is guaranteed.
For now, I’m patiently observing and letting the market action unfold. These ideas serve as an open-source trading journal with two notes: if you follow my advice and it works out, I’m happy for you; if it doesn’t, and there are drawdowns, that’s just the nature of trading. Stay cautious and enjoy the journey!
Bitcoin dominance is on a razor's edgeKeep an eye on the 62-63 Bitcoin dominance level; we will see a strong rejection from this range, which will lead to an altcoin pump. The duration of this drop is expected to be 60-90 days.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Alt-season? Bitcoin BTC Dominance past cycles behavior analysis The best way to spot an altseason is looking at the Bitcoin BTC Dominance graph.
On this analysis, of the behavior of the Bitcoin BTC Dominance, I spotted in the graph , what happened on the last two cycles, 2017 and 2021, looking back to the 2013 BTC price top.
In the analysis I spotted three types of events:
All Time High (ATH)
Cycle Bottom
Attempts to break the past cycle's ATH
This brought me some interesting "coincidences" that leads to some insightful predictions.
My conclusion, so far, is that an All Time High breakout is a very important moment to the possible alt season beginning. One thing that should be considered is that the current cycle has some different characteristics as, probably in detail, all of them have. This means that maybe it could take some more time to the alt season start, as it did for the ATH be finally broken.
One thing I did'n mention in the video is that the BTC dominance has broken a theoretical downtrend line. That said, considering the end of the year calendar change that is a mentally important moment, I wouldn't be surprised if the altseason waits till January to pick up.
To be continued...
USDT.DOMINANCE Chart Update !
USDT dominance is showing a downward trend after breaking out of a previous channel, which may indicate a decrease in stablecoin dominance in the market. The price of testing a green support zone is around 4.4%. If it fails to hold above this level, a further downside to the lower red support zone around 3.9% may be possible.
This decline in USDT dominance could imply a potential increase in buying pressure within the crypto market, as funds flow out of stablecoins and into more volatile assets, fueling upward momentum in the broader crypto market. However, a bounce back above the support zone may signal a temporary reversal in trend.
Traders should watch for reactions at these key support levels to better assess the direction of market sentiment.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC DOMINANCE UPDATEBTC DOMINANCE ANALYSIS :
In the past 7 months, Bitcoin has been ranging between 50k and 70k, then Bitcoin made a new all-time high, during this period, altcoins have struggled to rise …yes, some have seen significant growth but the majority are still at very deep lows. The main reason for this is rise the dominance of Bitcoin alongside Bitcoin!
We are looking at the current level, I hope there will be a rejection …If it rejected here, we could see a great altcoin season, but if it continues to rise, we could reach 70% (2020 high) before the alt-season.
Keep following this chart!
Best wishes
BTC Dominance above the 0.382 all-time Fibonacci levelAs you already know, monitoring BTC Dominance can provide insight into the market's risk appetite and help gauge the strength of altcoins relative to Bitcoin. From now on, we’ll be tracking BTC Dominance for additional confirmation on our trading ideas. Using more information is always helpful as long as it’s simple to understand and apply—just like I aim to make it here on Trading View for both you and myself.
BTC DOMINANCE roadmap (W)After the sharp drop that Dominance had, we had a bullish iCH at the bottom of the chart, after which Dominance is filling this IFC move by hitting higher Ls.
Upon reaching the resistance range, we expect drop candles
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate this analysis
Comment if you have any questions
thank you