BTC.DIf the key level of 54.40 is lost in the daily time, it is possible that the correction will continue up to the levels of 52.60-53.Shortby eduecrypto0-citex6
BTC DOMINANCE WILL IT BREAKOUT OR RETRACE? 🤔BTC DOMINANCE is in a grey zone area. It recently broken out of the trendline. It is also forming a bull flag but that might be invalidated of we retrace further. If the bull flag is validated, then dominance should try to break the next upward resistance. BTC Dominance is not sitting on the 50 day moving average. Will it hold? If the retracement continues, then heading down to the trendline. This could give the Altcoins holders the upside leg they have been waiting for?Shortby JK_Market_Recap0
Bitcoin Dominance drop & Altcoin Dominance Boom June 2024As you can see we have a descending triangle with key points of resistance and support. What is interesting is the date we can see a reversal on the Bitcoin dominance which falls on 06/24/24. If all the stars align and all the galaxies fall in place this could be the mark of the Altcoin dominance start for this bull cycle. The yellow boxes at bottom are the Bitcoin highs or peaks in each bull cycle. by altcoinb11
Pending Alt SeasonWhen the trend line breaks, altcoins will moon. 10,20-50x's. Some of the catalysts will be the Ethereum ETF, NVIDIA/AI updates. I project that AI will be the leading narrative for this bull run and the majority of the money will be made in November 2024 to May 2025Longby kakashicrypto5
BTC.DThe price is forming a neutral triangle, the upward movement is expected to continue until the level of 56.50Longby eduecrypto0-citex3
📉 #Bitcoin dominance holding steady on the trend line.📉 #Bitcoin dominance holding steady on the trend line. 📈 Once broken, expect a potential altcoin pump! 🚀 Keep a close watch for market shifts. 💡 #CryptoMarket #AltSeasonIncomingby MD-Trade100
Best time to Buy alts - Life time opportunity The uncertainty lies in how the price will respond, as historical halving have seen varied reactions. Often, the price has dropped, but sometimes this decline occurred several months prior to the event. Currently, the price is testing monthly support levels. Technically, there is limited potential for downward movement, given the heightened demand due to ETF involvement. This is my perspective on the current price action; shorter time frames offer little insight, while the monthly timeframe presents a broader view. Over the past few weeks, many trades have been invalidated due to the lack of movement in altcoins. This situation persists. Since we are trading altcoins, I'm providing two charts to assess their status: - Chart displays higher time frame resistance at 57.5. - If manipulation occurs due to the halving, we might see the price tap this resistance and then begin to decline. Consequently, altcoins may experience a minor drop followed by a significant increase. The chart indicates a rising wedge, signaling an uptrend in BTC dominance. A breakdown from this pattern would suggest the beginning of a bull run. The question remains: when will this occur? The answer is elusive as timing cannot be accurately predicted. However, in my view, the timing seems imminent, particularly after the halving event. With the halving, the demand for BTC is expected to surpass its supply, thereby driving prices higher. I anticipate that our positions will soon experience significant gains. Brace yourselves for challenging times and prepare for volatility. Avoid significant losses before the anticipated bull run. by Crypto-Adda_Official11
Declining BTC.D in a massive rising wedgeA massive rising wedge is forming on the weekly chart for BTC.D. Prepare for altseason...?! Thoughts?by Youri85115
#ALTSEASON CHEAT Sheet 2024! When to ENTER ALTS???Hello everyone, welcome to the article! I'm Cryptorphic, and since 2018, I've been accurately predicting BTC Bottoms and Altseasons. I'm eager to see if we can do it again this time! Those who've been with me for a while know this isn't about boasting, but rather about getting your attention on the right track. By the time you finish reading this article, you'll have a good idea of how and when you can enter Altcoins! If you want to see my track record, check out my past dominance charts from 2018 onwards! Altcoins are currently trading 50% to 70% down from their recent highs in February and March. Is it the right time to enter altcoins, or should we wait? All your questions will be answered here! BTC dominance is currently facing rejection on the weekly chart around the 57% resistance, now trading at around 54.20%. Even though this rejection is visible in the chart, altcoins aren't moving much. Historically, May has been bearish, so the next few weeks will be important for altcoins. When to Enter Altcoins: This is probably the right time to start scaling in with small fractions. You won't be able to enter every altcoin you like exactly at the bottom, so we DCA! I've already made a list of 15 altcoin gems which I will post soon, so follow me if you don't already! And make sure we are connected on other platforms too. Best Time to Enter Altcoins: Technically, May is Bearish for the whole crypto market. And it brings opportunities! If BTC dominance somehow pumps and touches the 60% level, we will see the final dip in altcoins.This will provide us with the best entry possible in altcoins, where we will enter hard. I am patiently waiting for that to happen. I am expecting this to happen in the next 2 to 4 weeks. This means May and the beginning of June will be the time to accumulate Altcoins! Keep in mind that most of the time traders make money is when most of the people aren't really interested in the asset, which applies to altcoins in the current scenario. Conclusion:- Dominance is expected to touch a high point of 60%+, signalling potential opportunities in many altcoins. Our goal is to accumulate the best altcoins that haven't seen significant pumps yet, backed by reputable VCs, and featuring solid tokenomics and on-chain metrics. It's also essential to evaluate multiple factors like the team, token unlocks, inflationary and deflationary aspects, and more. If you're unsure about how to navigate this, just follow me for future updates! Always do your own research, This is not Financial Advice! If this post brought you value, please hit the like button. Your likes and comments keep me and my team motivated. Thank you. #PEACEby Cryptorphic8873
BTC Dominance DroppingThis is not a trade or a signal, but rather some sweet, sweet hindsight to give some perspective on where we are at. Bitcoin Dominance is obviously Bitcoin’s share of the entire market place. When it is rising, that means that you would generally rather be in Bitcoin than altcoins (select altcoins usually outperform regardless), and when it is dropping you want to be “beating” Bitcoin as a trader by being in altcoins. Well, as you can see, it is been effectively “up only” since late 2022. Has it topped? I have no idea, but it is nice to see a tiny but of relief the past few weeks, even as Bitcoin has corrected. This big blue arrow simply illustrates how difficult it is to “beat” Bitcoin.by ScottMelker5
BTC.D Tells the StoryHistory of TOTAL2 and BTC. Looks like short-term bullish trend on BTC.D to 55-56. May correlate with rise in BTC price followed by a retracement and ALT season. What do you guys think?by lanehammet22Updated 3335
BTC.D - Altcoins Popping 🍿Bitcoin down 5% today but Bitcoin Dominance has suddenly printed the largest dump candle for a while. That means that the altcoin market is on a bounce. The best altcoins will be printing bullish hammer candles right now (I think). This chart doesn't prove that any coin will bounce and there are plenty of losing coins right now. Not adviceShortby dRends3511
About the dominanceI think we are close to an alt season, seems like this is the top, what do you think?Shortby DanyBoy4k221
Bitcoin and Ethereum Market Share: ETH Moves Incoming?Ethereum getting stronger in recent weeks. Might attribute some to cooling off of Bitcoin Dominance after US and China Bitcoin ETF launches. Might also factor in some hope of US ETH ETF. Could hint at a larger Ethereum move in coming month(s) once Bitcoin settles down.by 1BigPapi1
Bitcoin Dominance (BTC.D) Approaching 2024 Altcoin SeasonLooking at the 1W time frame of the Bitcoin Dominance (BTC.D) chart, it looks like it's time for the market to transition from being primarily Bitcoin-dominated to altcoin-dominated. We've seen the writing on the wall with Bitcoin making headline after headline regarding United States Spot ETFs or the halving event. Now that the majority of investors are sucked into Bitcoin, timeline shifts into altcoins. We can see that through the news now with the attention picking up on Ethereum (not discrediting Solana growth by any means, it's still small enough in market cap where it doesn't marginally change the TOTAL2 cap or this chart). Ethereum has the impending United States Spot ETFs approval as well as regulatory clarity coming around Uniswap, and from that I'd assume we'd get some sort or clarity regarding memecoins as well, sending that respective market flying with a green light for institutional investors to invest. Bitcoin is trying to grab attention or hold it's relativity now with Ordinals and L2s, and that's great! Let's say though you buy PUPS, that's considered part of TOTAL2 or bringing down the capitalization of Bitcoin relative to the rest of the crypto market. I'm expecting this trend to continue where Bitcoin holders are using their coins on-chain for these activities, ultimately dragging the BTC.D cap down with it. This time around, I don't see the possibility of Bitcoin reaching the previous 72.04% level due to the sheer amount of tokens and liquidity flying around these smid caps. Each Bitcoin Dominance cycle or Bitcoin cycle for that matter, the altcoin seasons get less and less intense due to the amount of relativity they have compared to Bitcoin at all seasons instead of just during altcoin season. Around this 55% range is mid-range of this free-fall seen in 2021, and where orders are resting. We could see Bitcoin Dominance either range in this area or start free-falling, either way I don't see a market where we re-claim that 72.04% or push much higher for that matter. Also, hearing a lot of talk about this cycle being over, cannot tell if they're joking or not, but we haven't seen that altcoin season euphoria yet. That is yet to come. An interesting observation here we can see the 2021 altcoin season took 1085 days to build up from the bottom to the top of Bitcoin dominance, and this 2024 season is right on par with that 1085 days before the cycle ultimately starts. This Bitcoin cycle is a little bit different, so we'll see how this chart plays out this time around, but I remember last cycle, 2021, I called the 72.04% Bitcoin Dominance wick to the Tee. Could be longer, who knows, but so far this chart is playing out and figured I'd give an update. The 2021 altcoins season lasted almost that full year of 2021, but as we can see on the chart, the major move happened between January - May 2021, those 5 months. If history were to repeat itself, we should see this cycle's main move play out in 5 months too.by kyer1118
Bitcoin Dominance Vs Altcoins & USDT? Bounce or Breakdown?With the current bearish sentiment and large correction in the crypto market we look into the Bitcoin Dominance Vs Altcoins & USDT. Both Bitcoin and Altcoin dominance is going down in the current market correction and cash equivalent USDT dominance is breaking out. Does BTC dominance bounce at the bottom of the channel as we saw in recent history. Alt dominance has broken down its recent range. Does it continue downwards or does it go back up? Where will the drypowder be allocated? More into BTC or alts? Longby JK_Market_Recap0
BTC Dominance BTC Dominance is breaking a trendline on Daily Time Fame and on support at 54.16% if the breakdown down is confirmed then we might see BTC.D continuously retrace towards the lower zones this is a good sign for alts and is possibly the start of the biggest bull run ever. Be patient and get ready to witness the massive run. Save your portfolio from futures trading and fill your spot bags while the market is retracing by doing DCA (dollar-cost averaging ) at important levels.by TheCryptoCity18
btc.dThe white trend line is breaking (correct break) and the beginning of the season of altcoins The journey should be enjoyed, not the end Good luck, visit the previous analysisShortby farzad_abdollahzade9
BTC Dominance is going to 57%BTC Dominance got power from channels lower line and now retesting. According to Elliot vawe theory dominance will move to Elliot 3rd. Final target is 57% with Elliot 5thby Atilla_Tunc0
The Bigger Picture of BTC Dominance Suggests Altcoins RecoveryBTC dominance is currently at a boundary of a down trend, which could see alts gain good momentum against BTC any moment from the time of writing.Longby ucmichaels90
Bitcoin Dominance targetsMany people now waiting BTC dominance over 60%. I dont think so we will go so high! CRYPTOCAP:BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin 51.20% was a previous support for BTC dominance in 2020 now its can be like resistance Locally we formed triangle with fake out 2 possible scenarios for Btc dominance marked on a chart Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100% Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Shortby Crypto4light118
Chart Idea - BTC.DBTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if not before. It's TP should be 45.7% which is a 0.618 fib level. ALTS should rally hard in the Q4 2024 if this TA works out.by smwajeehUpdated 2
BTC DOMINANCE / BTC.DGood Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)by J_umaa1