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Alts to outperform BitcoinYesterday, the total crypto market cap hit $1.938 trillion. And went into a correction. Every week we ask Hybrid Intelligence about what’s next for the crypto market. Here is the question: “The cryptocurrency Market Capitalization settled at 1830B USD at 12:00 PM UTC on Wednesday, April 7. Will the Market cap climb above 1967.3B USD (+7.5%) earlier than drop below 1692.8B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 91% That’s a very bullish indicator. And actually the market cap is already halfway there. As usual, we’ve also asked about Bitcoin dominance: “Bitcoin crypto market share settled at 57.46% at 12:00 PM UTC on Wednesday, April 7. Will Bitcoin's market share climb above 58.61% (+2%) earlier than drop below 56.31% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 14% Usually, a period of lower BTC price volatility is a prerequisite for a boom in altcoins. If Bitcoin won’t dip lower, alts will likely recover even more.
CRYPTOCAP:BTC.D
by Cindicator
2
Crypto market to rise, but don’t bet on BTCOver the past few days the crypto market capitalization has set a new all-time high, thanks to Bitcoin’s surge. While the market has somewhat corrected, this doesn’t look like a reversion of the bullish trend. As usual, we’ve asked Hybrid Intelligence the following question: “The cryptocurrency Market Capitalization settled at 1665B USD at 12:00 PM UTC on Wednesday, March 17. Will the Market cap climb above 1789.9B USD (+7.5%) earlier than drop below 1540.1B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 69% This a bullish sign, which means that the crypto market is likely to bounce back before any deeper correction. However, the assurance is under 70%, suggesting that the signal is not very strong. Another weekly question to Hybrid Intelligence is as follows: “Bitcoin crypto market share settled at 61.44% at 12:00 PM UTC on Wednesday, March 17. Will Bitcoin's market share climb above 62.67% (+2%) earlier than drop below 60.21% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 16% This indicator suggests that BTC dominance is likely to decline. So altcoins are likely to outperform Bitcoin in the near term.
CRYPTOCAP:BTC.DLong
by Cindicator
2
Crypto market cap to grow, is alt season coming? Bitcoin is now again well above $50k and traders set their sights on new all-time high. Our weekly questions to Hybrid Intelligence should help with identifying the wider trend for the whole market: “The cryptocurrency Market Capitalization settled at 1665B USD at 12:00 PM UTC on Wednesday, March 10. Will the Market cap climb above 1789.9B USD (+7.5%) earlier than drop below 1540.1B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 88% This is a very bullish indicator. It suggests that Hybrid Intelligence believes the overall crypto market cap will likely set a new all-time high before any meaningful correction. But what will be the main driving force? Bitcoin or the alts? Our other question to Hybrid Intelligence sheds light on this: “Bitcoin crypto market share settled at 61.43% at 12:00 PM UTC on Wednesday, March 10. Will Bitcoin's market share climb above 62.66% (+2%) earlier than drop below 60.2% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 36% This indicator suggests that BTC dominance is more likely to fall below 60.2%. That’s an important support level. BTC dominance in the 50s could signal the beginning of a new alt season, especially if the Bitcoin price would stabilize after months of strong growth.
CRYPTOCAP:TOTALLong
by Cindicator
BTC/USDT (Potential New All-Time High?)💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is doing a great job today as the price is a few inches away from the new ATH -If the recent high can be broken and acceptance above 58k dollars -I think we can go even higher since there is no longer resistance ahead -We will be using a Fib extension to determine the potential profit-taking zone -The price can hit from 60k up to 68k zone in the coming days -We are following the trend as long as it is giving us a signal to go higher -The priority remains to the upside, if you missed the boat, wait for a proper pullback -Please do not FOMO in without a trading plan especially if you do not follow correct risk management -The altcoin space is doing fantastic today, and most of my trades are in profit already ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
18
Late March/April Crash - Get ReadyI know people hate these and want to stick their head in the sand lol, so do I but I want to be realistic. We're approaching a major major resistance line, I think there will be a huge 70%-80% pullback. Short term within the next month I think we go up until that resistance but soon we will hit it. BUT if you're in cash or just hold through it you will bank! I think the real party gets started after the crash, I really don't think the party is over anytime soon, I expect something similiar to happen with the stock market (not 70-80% pullback of course) but a smaller correction and then the real party starts and crypto and stocks go crazy high. Doesn't mean this will happen for sure, but I really see it happening at that resistance.
CRYPTOCAP:TOTALShort
by ghengiskahnspermshot
6
Where is the TOP for the market? Using Fibonacci time and identifying base structures we can use this tool to identify when the next top will be 0.618 was favored in the last bull run as a top point and will likely be favored again This top aligns with June 2022, so we have a lot of the bull run left I haven't assigned a top point because this could absolutely m00n, and just knowing the time is enough imo I have done a lot of research into TOTAL2, here is some of my previous ideas
CRYPTOCAP:TOTAL2Long
by Bixley
5