🔥 Hi friends! All you know and like the time when altcoins make +50-100% or more profit just in 1-2 weeks. Most of the traders enjoy this time. Dominance is a key thing that helps us to identify such periods (altseasons) and buy alts in time.
📊 WHAT IS ALTSEASON AND WHY DOES IT HAPPEN?
Altseason is a time when most altcoins grow by 30% or more.
THE TWO MAIN...
#BTC #altcoins #dominance #education
▪️Bitcoin dominance index - is an indicator that indicates the ratio of bitcoin capitalization to the capitalization of the entire cryptocurrency market.
▪️How does btc dominance affect the market? - When the dominance of bitcoin falls, altcoins begin to rise - this is called the alt season!
▪️Now the dominance is...
Hello Traders. In this post, I will be continuing the narrative of how alt seasons are initiated when used in conjunction with the price action of Bitcoin. This is a revised update for 2022 on how we can continue to understand and build upon the flow chart model I have created last year on understanding the flow of money between Bitcoin and Altcoins in relations...
Hello traders and investors!
Today we will talk about Bitcoin Dominance and its wave structure from Elliott Wave perspective. We will also show you how it can be useful in analyzing XXX/BTC cross pairs with the help of EW.
If we take a look on BTC.D daily chart, we can see a sideways consolidation for almost a year which usually suggests a corrective movement,...
Hello traders! Today we will talk about Bitcoin, its dominance and ALTcoins.
For the beginning we want to point out that most of cryptocurrencies, even some of ALTs nicely and strongly recovered in the start of 2020, which can be easily a signal for the bottom and a reversal into a bullish mode again, but only against the USD pairs (XXX/USD).
However, as you...
First of all, before you read this analysis, please read the previous analysis about bitcoin dominance on the related idea to help you understand more about it
Hello fellas, welcome back to the bitcoin dominance update. we have seen some manipulation has occured in the past few days, especially when we saw the price surged from $6500 region to roughly $7500...
Current post, we will talk and deeply analyze about current correlation between bitcoin and the dominance of bitcoin in this crypto market. There are 3 important key factors that affect the above chart. the first one is the turning point and the second one is the period before and after the turning point. I will tell you briefly about the psychology behind this...
