About new Bitcoin cycleWhile Dominance alone doesn't mean much for spot, let's keep this in mind. New cycle already started ?Longby bitcoinUpdated 5531
Official Alt Season Call: Could be close!This is a follow up on the ascending wedge forming on BTC.D I personally think that the break of this wedge will possibly happen in a range bound environment for the price of BTC. However when there are pullbacks the alt coins will recover faster than BTC - leading to a downwards break of the thick white lines and a retest - which will probably see many alt coins increasing considerably. A self fulfilling prophesy or fate identified? I will update this chart once I see a break of the trend. I do think the BTC.D can spike higher to my targets in a previous post. note the lines on here are for this posts purpose, they are just levels i have previously identified by DiscosCryptos115
BTC.D Dominant 1WBTC.D ~ 1W #BTC.D Get ready, #Altcoin will be pumped soon, hold on tight to your #Altcoin, the rocket will fly soonby CryptoNuclear8
BTC dom going to under 50% ??history is repeating itself ??? watch me After the BTC dom rises for 1099 days, it will experience a correction for 140 days Lets seee Shortby kzynoo229
BTC Dominance in Daily Chart Hello I am so ok talking about this chart because I really have some basic issues with its structure but because some of you asked me to mark it in Elliott way, so I did it and I hope it works for us. The last rally of this trend obviously was an impulse but the end of this rally is probably going to make an Ending Diagonal and if it happens, we will see a sharp drop that might coincide with Alt-season. If it goes true, we will celebrate its crash. Thanks Shortby AMA_FXUpdated 229
#BTC.D Bitcoin's dominance is approaching a local top, indicate#BTC.D Bitcoin's dominance is approaching a local top, indicated by a descending trendline🔍 This descending trendline has served as a strong resistance level since 2017👨💻 An altcoin season, is expected in the second half of Q2 2024📆Shortby CryptoSkullSignal11
BTC.D 2 week chart suggests Alt Season 2024 is nearingBTC dominance about to break down on 2 wk Can't break overhead resistance 7 wicks prove. Those are mostly strong wicks too. 1, 2,3,5 tall upside wicks prove resistance strong bearish engulfing on candle 4 bearish shooting star pattern forming at candle 7 Choose wisely on your alt portfolioLongby creditechUpdated 116
BTC.D BTC Dominance 3DBTC Dominance is moving inside a rising wedge pattern on the 3-day chart, which is considered a bearish pattern. You know what is coming in the next few weeks. Hold your Altcoins with patience.by Bithereum_io3325
BTC.D bearish = altcoin seasonhi traders BTC.D formed a rising wedge which is a bearish pattern. I think that we may see a breakdown soon which may cause an altcoin season. Can't say when exactly we will get a breakdown but I think it may happen soon, in the next weeks / months.. Altcoins seem to be cheap now as well, so buying some altcoins and getting ready for an alt season is the strategy that we're going to implement today! What do you think? BTC.D higher or time to breakdown? Shortby vf_investmentUpdated 2220
Bitcoin Dominance Surges:Is Now the Time to Buy or Sell ETH &BTCBitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market. Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your Bitcoin and altcoins. A lot of people have been speculating that it's altcoin season. However, I believe we need one more leg up in Bitcoin dominance as the ETH/BTC pair breaks down and liquidity flows from altcoins to Bitcoin. Bitcoin dominance ETH/BTC broke support To sum up, I believe that we could see the price of Bitcoin rallying within the upper and lower bounds of the accumulation, while Ethereum and altcoins decline. This could lead to a significant rise in Bitcoin dominance before monetary policy comes into play for the next cycle of deciding which altcoin to buy. Expect volatility in the coming months as altcoins decline against Bitcoin. "Thank you for your support. Please leave a comment and follow."Short06:19by ShinForex14
Bitcoin Dominance BTC.Dhere is what i think about CRYPTOCAP:BTC.D for a long term around 2 years move. this is not an advice to buy or sell.by keshti4
BTC Dominance DailyOn this chart pattern, you can see Bitcoin Market Cap Domination which in my opinion is moving on a rising wedge. With the latest pump, BTC.D held the lower support trendline and is yet to touch the upper resistance trendline. Expecting it firstly to move on the upside and then to get refused on the 57.5%-58% upper resistance trendline, lose the support trendline, perhaps retest it as resistance and then go down to 43% which would mean a mid cycle alt season for the Alternative Coins. On the lower timeframes, there is a potential double top at 57% which is also a bearish chart pattern. Shortby lirim_p4420
BTC.DCompleting a neutral triangle pattern, we expect a drop to the minimum range of 52.30Shortby eduecrypto0-citex3
Bitcoin Dominance at a Key Level: Altseason Incoming?What is Bitcoin Dominance? Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined. How Does Bitcoin Dominance Affect Altcoins? Generally, there's an inverse relationship. When Bitcoin dominance rises, altcoin prices often stagnate or decline. This might be because investors are moving funds into Bitcoin, perceived as a safer haven during market uncertainty. Conversely, when Bitcoin dominance falls, altcoins often experience price increases. This could be due to investors seeking higher returns in the altcoin market or a perception that the broader crypto market is maturing beyond Bitcoin. The weekly chart shows Bitcoin dominance reaching a critical resistance level. Historically, in 2016 and 2020, dominance reversals at this trendline preceded significant Altseasons (periods of strong performance for alternative cryptocurrencies). While past performance doesn't guarantee future results, there's a possibility that a similar scenario could unfold this time around. Here's what to consider: Confirmation of Rejection: A clear rejection with a bearish candle formation at the resistance level would strengthen the possibility of an Altseason. What do you think about this? Share your views in the comment section. Thank You!Shortby CoreCrypto11124
Bitcoin Dominance Remains HighA few coins went up Monday and Bitcoin made it to $63,000, causing people to declare "alt season now" and "correction over," because people are spastic and need engagement and/or hope. Charts looks awful across the board. Most coins are still down 90% from last cycle. We have not had a single whiff of a real altseason. Bitcoin has dominated this cycle, outside of small pumps in select sectors. Memes have gone nuts, but that is generally temporary rotation from coin to coin, so few people benefit. The real action usually starts 4-6 months AFTER the halving, although history may not repeat. Regardless, now is a good time to step back and chill, not force anything because you think "alt season is today." Very little is happening. Bitcoin Dominance is still at near multi year highs, even with thousands of new coins on the market that could impact dominance. This chart is the antithesis of "alt season." Could it be topping? Certainly. But we have very little confirmation that things are changing for now. by ScottMelker114
BTC Dominance Analysis (W) - May 14 2024The weekly chart suggests that BTC.D is near its peak in this cycle as it is in an area where 3 different resistances are present: 1- Long term weekly downtrend (yellow) 2- Supply/Resistance zone of 57.2% 3- 0.618 fibonacci retracement of 2021 major decline the combined effect of the mentioned resistances will most probably lead to another major drop in BTC.D that will be followed by a mega Altseason! it is also important to consider that previous Altseasons have happened after Halvings. So, with previous Halving in April 2024, it is logical to assume that BTC.D will form a major top in Q2 or Q3 2024. by AlgoBotTrading9
orange or blue?Alt season incoming? what do you think? BTC dominance is still strong but is getting curved a lot.by DanyBoy4k3
This is not Altseason. It is BTC seasoon until it is notBTC dominance has broken out of the bull flag and the resistance. We expect Altcoins to suffer against their BTC PAIRS. BTC is expected to outperform Alts. We expect BTC Dominance to head to 60% over time. Are you buying BTC or alts?Longby JK_Market_Recap6
BTC.D:At the moment, it is suffering. Tonight at 7 o'clock, the market usually moves. It does not give us any specific databy Armitaryan2
From Last ALL Time heightOur eyes on Arweave, BNB and other Alts for the next leg up. NYSE:AR is a 100% BET.by bonaccueilsc1
BTC.D :BTC.D: 2 candles have been placed for 4 hours, but it is turning green. For now, it means that you open the porition on altcoins. It will be more profitable than Bitcoin itself. If you also have a position, I would leave it open for now.by Armitaryan1