The BTC Dominance (BTC.D) chart is looking bullish now after breaking above EMA10. We can see that Bitcoin is trying to move higher on a bounce, so it is easy to see why this chart is also bullish. The TOP altcoins (ETH, ADA, BCH, LTC, etc.) are looking bearish against Bitcoin, but the remain altcoins (the alts/smaller cap.) are looking bullish vs Bitcoin... So...
Downtrend remains valid, next wave is about to begin
#BitcoinDominance is currently 70% of total crypto market cap. #Bitcoin aka #DigitalGold is preferred over its alternative cryptocurrencies & digital asset (aka #ALTS) For those who were in crypto during 2017, you will remember the amazing run for many many ALTS. In early 2017 BTC dominance was still +90% of market cap. In Q2 2017 BTC dominance dropped to 62% in...
Hello, my friends. It's Cryptoranger K. Do you remember the last bitcoin dominance analysis I posted? I said in that article that Bitcoin Dominance has already begun to fall. Of course I still stick to that opinion. But I think that a noticeable downside should wait a bit longer. The chart I showed you at the time was a three week chart. At that time, I expressed...
This is update on my previous idea
Bitcoin Dominance is about to start yet another wave down. This time it should reach 67.66% level which would provide further clues on the BTC.D direction. Break below would confirm a strong downtrend, while rejection of this level should lead to a consolidational period. Get more Alts while its not too late.
Waiting for break below current low, which will confirm the downtrend towards 68% area.
In this chart I am displaying multiple levels to watch.
Bitcoin dominance is falling rapidly, which shows growing interest in Altcoins, especially top Altcoins which have enabled Margin Trading. From what it seems, the alt season has already started, but it might not last that long. According to my analisis BTC.D will continue to move down, towards 60% dominance till the end of this year. Then BTC might take the lead...
Bitcoin domination start increase, dificult time for alts. MACD above zero line and RSI above 50 points first bullish sign. People waiting at BAKKT open. BTC.D closed above EMA21 and EMA50
Bitcoin dominance retracing as it tested multiple times the upper trendline of the ascending channel in the 2D chart This movement is fueling movements in the Alts Market and I think it wont stop at least till hitting the lower trendline, giving time "AltSeason" Enjoy it.
Is this the start of another alt season? Altcoin dominance needs to close above the 200 Week MA at 30.65%. Despite the downward trend of the 20, 50 and 100, the 200 remains in a bullish posture trending upwards. Is Bitcoin going to sell off and profits go towards altcoins finally? MACD is looking to bull cross soon, the RSI is leaving oversold territory after...
BTC Dominance seems to have already been drawn down. All other Altcoins, on the other hand, are considered early in the bull market. The question is whether it's a sharp drop, a slow curve, or a sideways, and I'm trying to respond differently to the picture being drawn. The atmosphere of Altcoin market is good. I wish you all a success. I'm a suspicious person...
Triple Divergence on MACD Double on RSI Think that BTC is correcting to trend support line 60% and BTC will share the dominance with top projects
Ontology is in a good mood, time to buy to earn some bitcions. Considering BTC.D beginning of a correction... this is an ALT time.
bitcoin dominance finally completed 5 wave up. Rsi broke its trend line and wave five of primary degree ended at 78.6% size wave 1 to the end of wave 3 and it is almost equal to wave 3 size. bitcoin dominance is a great indicator for altcoins. regardless of what bitcoin will do altcoins will go up, it may be coincides with a bullish move in btc or a bearish move,...
Target of 61.8% from ATL = 74.78% Marketcap Dominance, after that retracement to 67.18