hi traders,
BTC Dominance is showing multiple bearish divergences on the daily timeframe.
Price has been making higher highs, while the RSI has been making lower highs—a classic bearish divergence signal that often precedes downside moves.
We saw this exact pattern earlier in the chart:
BTC.D printed a series of bearish divergences in Q2–Q3
Shortly after, BTC dominance dropped sharply
Altcoins rallied strongly, effectively kicking off an alt-season
Now, BTC.D is once again forming fresh bearish divergences, and RSI is rolling over aggressively from overbought levels. The setup suggests that BTC dominance may be ready for another corrective move to the downside—similar to what happened last time.
If BTC.D breaks lower as projected, capital could rotate into altcoins again, triggering another alt-season-style environment.
Overall expectation:
➡️ BTC.D down
➡️ Altcoins up
➡️ Potential repeat of previous alt-season following bearish divergences
BTC Dominance is showing multiple bearish divergences on the daily timeframe.
Price has been making higher highs, while the RSI has been making lower highs—a classic bearish divergence signal that often precedes downside moves.
We saw this exact pattern earlier in the chart:
BTC.D printed a series of bearish divergences in Q2–Q3
Shortly after, BTC dominance dropped sharply
Altcoins rallied strongly, effectively kicking off an alt-season
Now, BTC.D is once again forming fresh bearish divergences, and RSI is rolling over aggressively from overbought levels. The setup suggests that BTC dominance may be ready for another corrective move to the downside—similar to what happened last time.
If BTC.D breaks lower as projected, capital could rotate into altcoins again, triggering another alt-season-style environment.
Overall expectation:
➡️ BTC.D down
➡️ Altcoins up
➡️ Potential repeat of previous alt-season following bearish divergences
Trade active
Nothing changed on this one. Alt season is delayed but it will come. Patience requiredNote
The market sell off today. Alts should get send once the market gets more stable. BTC.D should tank.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.