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Lionheart-EWA
Dec 1, 2022 1:55 PM

Bitcoin Dominance: Elliott Wave and Harmonics Combo Long

CRYPTOCAP:BTC.D1M
Market Cap BTC Dominance, %CRYPTOCAP

Description

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Bitcoin 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.

Comment

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Comment

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BTC TOTAL gonna' push BTC to the limits...

Comment

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BTC will make a Correction: watch out!
After that, Bitcoin Interstellar.

Comment

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BTC Dominating the Crypto Space.
After a short-lived drop, it will continue with a well-remembered Cycle.
Elliott WaveCypherSharkbitcoindominanceBTCUSDBitcoin (Cryptocurrency)btcdbtcdominanceDouble BottomDemand Zone
Comments
kriszke188
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lol this will never happen. 92%? LOL
Lionheart-EWA
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@kriszke188, 92.56% LOL. I know, crazy idea, no logic behind these technicals at all. That's the main reason why I posted it. hahaaa
jasontaylor7
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@Lionheart-EWA, it is an interesting thing to see anyway. I think btc has some things weighing it down. Time will tell.
Lionheart-EWA
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@jasontaylor7, Indeed, time will tell. Thanks for commenting.
camvu
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Lionheart-EWA, tks for your sharing. IMO, #BTC will continue going down to 10k-12k Demand Zone. from there it will be reverses up. Let's wait and see then^^
Lionheart-EWA
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@camvu, 10K is my que for BTC as well.

GDLongVN
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Lionheart-EWA
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@GDLongVN, No piggybacks without a comment bro. :D Say something .. contribute ..
Luxar777
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Bitcoin won't never recovery like that... There are still new cryptos in crypto world, and people pushing their money into alts not bitcoin. Bitcoin dominance will still going down.
Lionheart-EWA
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@Luxar777, I know, very long shot with this one. Chances are it will never happen. Crazy idea for crazy folks.
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