BTC.D :Bitcoin Dominance is still trending upward, but it is good to open a long position to go to altcoins when it falls, because Bitcoin Dominance is moving against Bitcoin itself.
BTC.D trade ideas
BTC.D
BTC.D is at 55.60% (Live),
Breakout Of Trendline Resistance (58%) Will Lead A More Crash In AltsCoin
FakeOut Will Be The Bullish Sentiment For Alts Market
BTC.D is fighting a losing battle. Oh its so beautiful when you see it happening
Looks bearish. if it doesnt close above the line, then it must drop!
Altcoin holders be readyIn the next few weeks I expect altcoins to start growing, but it will be a “warm-up” mini altcoin season. For this scenario to materialize, BTC's dominance needs to drop into the 51% - 49% area. During this period you should not be greedy and it will be smart to take profits that the market gives, because BTC dominance will return to previous peaks with the continuation of BTC growth in the direction of $100,000+.
We will most likely see the beginning of the real altcoin season in October or November 2024.
BTC.D :Dominance of Bitcoin is turning green with the fall of Bitcoin, it is turning green. Yesterday I said that it's ok, now altcoins have or may have a heavy fall, and those who don't have, because the dominance of Bitcoin has not fallen enough to demand altcoins or some altcoins. They should drop a sharpie, or they should be supporting altcoins, or they should be red to drop it
BITCOIN: Is a MASSIVE BULL RUN in the Making?
This chart tracks Bitcoin's market dominance, starting from 2018. I've spotted some similarities to the current market situation, hinting a potential massive bull run for BTCUSD.
Accumulation Phase (2018-2019): Investors were gradually accumulating Bitcoin, setting the stage for future gains.
Bullish Phase (2019-2021): Bitcoin's market dominance increased sharply, indicating strong investor confidence and interest.
Bearish Phase (2021-2023): Bitcoin's dominance declined as other cryptocurrencies gained market share, reflecting a broader interest in the crypto market.
Current Bullish Phase (2023-Present): Bitcoin dominance is rising again, suggesting renewed investor confidence and the potential for a massive bull run.
We are currently at 55.53% dominance, with projections showing the possibility of reaching new all-time highs above 70%.
What are your thoughts on this? Feel free to comment and boost this idea if you agree.
Cheers,
Ares
#BTC DOMINANCE ANALYSIS
BTC.D has recently broken down from a rising wedge pattern on the weekly timeframe, a bearish indicator that suggests potential for further decline. Currently, BTC.D is in the process of retesting the lower boundary of the wedge. If this retest is successful and BTC.D continues to fall, it could signal a significant downward movement.
This scenario typically indicates a shift in market sentiment. Consequently, a downward trend in BTC.D often aligns with a bull run in altcoins, as capital flows into these assets, driving up their prices and leading to a robust performance in the altcoin market.
BTC.DYou can see the Dominance chart that has reached a suitable range, considering the movement steps that have weakened, there is a high probability that it will go back down from here. If it stabilizes, we can hope for altcoins to have a good growth.
#Dominance #BTC.D
High probability of change on the h4 and w1 chart, there is probably a change in the trend on the BTC dominance indicator.
Last Friday we experienced another strong sell-off in altcoins, which may be the last stop loss before the next upward wave in altcoins.
We still have to wait, but today is one of the key days. IF the daily chart closes red, there is a high probability that we will see a change in the trend that has already been tested three times.
$BTC.D thoughts may see a spike up before the down begins but its close
looking for a close below range high or yellow line for confirmation of btc pairs getting ready to party
for now corn takes over( dominance goes higher ) and then we get this party started ( alts btc pairs )
Probably last time we see a 50% bitcoin dominanceThe further we develop blockchain solutions, the more we will see bitcoin dominance receding, which should be positive eventually.
We can still see a visit to this level, and a rise out of the descending wedge is possible, but this would be a worst case scenario if the SEC for example would attack altcoins from going public or in case crypto exchanges would be prosecuted, but this is a lower probability.
$BTC dominance' s bearish retest#btc #bitcoin dominance has bounced after leaving the channel. Now, #btcd performing a bearish retest. If reclaims the channel BTC.d may rise. But, in my previous posts, i have said BTCD chart has an important bearish divergence (now as seen on the chart with red lines). Thus, if bearish retest succeeds, BTCD declines here and fails to enter channel, money will likely flow into #altcoins or #usdt . USDT is more likely, because #memecoins sucked the money already.
Not financial advice.
BTC.D :Dominance of Bitcoin is above 55.07, open a long position, short position you want, go to Bitcoin and look.
BTC D. forming a bear flag on the 4h chart.This is great news for the Altcoins you are holding.
When the dominance drops, the altcoins start to thrive. We can utilize this moment to take good profits on BTC because the price might also drop.
it's a good time to start investing your bags into some of the top 100 or 200 Altcoins, so fasten your seatbelt, grab some popcorn, and watch the show revealing itself!
BINANCE:BTCUSDT and CRYPTOCAP:BTC.D
$BITCOIN DOMINANCE UPDATE👨🏻💻 CRYPTOCAP:BTC DOMINANCE (LOCAL) UPDATE
#BTC dominance was rejected from the historical descending trend line (that I believe will never be broken upwards), but faced a local horizontal support at 54%.
Once this level is broken downwards, the massive Altcoin Season will start. When majors will finally print not just 5% - 15%, but 50% - 100%+ profit.
As I said, expect this summer to be insanely profitable.
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CRYPTOCAP:BTC.D
Follow #CryptoEase and Share it With Your Crypto Mate 😉
BTC.D :Dominance Bitcoin made a strange move last night. Stop it. There are two situations. If Dominance Bitcoin falls below 54.46, now we are going to open a short position, but to open a long position, Dominance Bitcoin may pump at any moment, so if Dominance Bitcoin Bitcoin came below 54.46, I open a short position on Bitcoin and coins whose old value is red.
BTC.DBTC.D
i still see one more wave up side to 56.76 to end the leading diagonal
then from this level 56.76 ALT SEASON will start and i predict huge movement to all coins
Return of the King v4 - Altcoins dead until 2027Someone just requested a litecoin chart and this is all that matters. I wouldn't buy any alts until 2027. Most are trending down vs. BTC. Still no breakout here on log, so it's not a terrible idea to buy some alts, but uh.... I do not recommend it personally.
$BTC dominance will likely fallA bearish divergence formed in #btc #bitcoin dominance chart in mid term and also #BTCD is losing the ascending channel. The money will flow into #altcoins or #usdt ?Not financial advice.
BTC.D :The dominance of Bitcoin is turning red, which means that you should buy altcoins because they are going up to Bitcoin, for example, Sel and look, you have to understand Bitcoin yourself.
BTC.D ALTSEASON 🔥🍻Hello friends, I hope you're all doing well.
The altcoin party is closer to us than the jugular vein..
The Rising Wedge Bearish pattern has broken downward.
TOTAL3 has also broken through its current resistance and pulled back.
BTC.D :I will wait to see what Bitcoin will do when it reaches 69431. If I see that Bitcoin's dominance is falling and Bitcoin turns green, I will quickly go to altcoins and open a long position.
BTC.D Potential Inverse Head & shouldersA nice healthy FWB:12K shakeout in #BTC
And we see the #ALTS rebounding back strong
This is the market saying to Daddy
The party is not over yet it's only 10pm
I think this Head and shoulders can perform
let's watch and see if it does.
