Welcome to this quick Sunday Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get to the chart. The BTC.D Chart that I posted earlier followed the speculated path perfectly. The chart shows the possibility of some...
Bitcoin dominance may be on the brink of a massive influx of strength. If I am correct, it looks like whales are in the early phases of moving their altcoin profits back into Bitcoin. Assuming this is true, we will start seeing a flight of capital move away from altcoins like Ethereum, Cardano, & Ripple to take profits by moving back into Bitcoin. We may be in...
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get straight to the chart. It's been a while since I posted this chart on BTC.D, BITCOIN Dominance is currently facing the triangular...
Falling in stages 1 then 2 It can be observed that this was the case in the first alt season A larger alt season is yet to be uncovered The Super Alt-Season
Bitcoin dominance is coming up on a very important level which is the pivot point where if we cross and breakthrough here we could see a nice reversal to the downside which means that at first BTC and crypto will most likely fall but after that when BTC dominance is lower markets will start to thrive, especially altcoins! The RSI is also coming up quick on the...
Bitcoins dominance is looking very stubborn after refusing multiple times to break below the 45% level and now rebounding once again back upwards. I think theres a chance we see a pump in BTC dominance and that usually brings a big hit to the actual crypto markets, i think we could see a 'top' around 48% dominance before then falling back down and ultimately then...
I believe we will see similar recovery patterns comparable to 2018 peak altszn Price in red circles shows Fib circle strength (price tends to move along the circle)
BTC.D has performed its first bounce off the 2.618 Fibonacci line This bounce will likely continue to around ~50 - ~53% Then we prepare for another altseason as it hits a major trendline and gets rejected Repeating double bottom pattern
As we have seen when BTC dumps gthe dominance level spikes up significantly and we have seen some nice green days like today after pullbacks, my drawing is pretty accurate so far and we could still see a little more upside in dominance to that peak at 48%. As we can see too this level is a pivot point and there is a good chance we reject off both. We are looking...
Bitcoins dominance since shooting up during our last correction has slowly going sideways and slightly down which has formed this pennant, we have held perfectly inside this pattern and we are now approaching the Apex point or the end, our close tonight for BTC dominance will tell us quite a bit, my thoughts are we are going to break below the end of the pennant...
We are speculating that bitcoin dominance could quite easily drop below 40%. This is unprecedented and potentially disruptive for the crypto space. Alternatively, this could prove to bring profits in the altcoin/DEFI space as well. In any case, the fractals are clear on this one - we are going down. Fibonacci goals are in green and invalidation is in red. Not...
After BTC.D touch and enter Zone 3, I expect bitcoin repeat history and bitcoin dominance start a new uptrend and BTC go to the new ATHs. Bitcoin have a soft fork update ahead (Taproot update) it will be activated till 5 Nov. 2021 . I forecast new bitcoin bull run start near or after this update. Read more about Taproot : www.coindesk.com
There is a seasonality to the Crypto space. It comes in waves led by the leader and King BTC. There is no question many projects and exciting coins coming into this space but until the market cap of Bitcoin has been dethroned, Bitcoin exists as the the KING. Many Alt coins have had 5-6 months in the sun and this chart points that their cycle may be coming to an...
Hello everyone, BTC.D H&S paterns target is almost reached We might see a dominance bounce and suction of some overbought alts into papa soon Rejection in the red zone in circle might cause a further dominance drop till end of the year in to the new lows. Cheers ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction...
Bitcoin dominance digging the Well - Best Days BTC.D To The Moon, Not!
we're seeing heavy downside right now in BTC dominance and Ethereum is loving it! I personally believe we are just getting started with this altcoin season, Bitcoin dominance still has a big fall ahead historically speaking, we have little to no resistance left until our heavy support at 40%! As dominance goes lower alts will go higher. We see very heavy...
STOKES POINTING DOWN GREATEST #ALTSEASON EVA!!! AS foretold by your HEXconomist ~Balla Ji
BTC dominance has currently broken through the very strong historic support level! If we see a daily close tonight below this aprx 50% level we will see altcoins surge more than we already are! If we don't see the close tonight i believe the time is coming and it'll happen soon, we could see a 35% BTC dominance eventually around the peak of this altseason! Looking...