#BTCdominance BTC.D seems wanna go up in short term
Btc is in a rAng for 7 day later Btc going to ath ofcourse very hard Btc.D going to 55-60
btc.d btc v appl Eth should flip.
Bitcoin Dominance Update: Bitcoin dominance is rejecting from the resistance level again. If BTC dominance breaks the resistance level of 48.3% we see more dump in alts and dominance will go towards 50% levels. The support is near the 45% area and if BTC stable for a week we will see some relief rally in alts. Don't open many alt long positions as the...
Hello, Traders! After falling steeply during March-May this year, there has been a rebound in the BTC dominance chart. The pattern in the market remains as follows: when Bitcoin's price drops, altcoins lose more value than Bitcoin, and when it rises, altcoins lag significantly behind. This shows us that Index (Bitcoin) is stronger than other assets in the...
Looks like an Adam and Eve forming on the BTC.D chart ready to break lower. Time will tell... Not trading advice.
#BitcoinDominance broke-down locally and is likely to retrace in the coming days. 50MA seems to be acting as resistance now, that would be a good thing for altcoins relief! Current Price= 1113.8 Sell Entry = 1116.2 - 1128.8 Take Profit= 1073.0 | 1025.2 | 992.5 Stop Loss= 1162.2 Risk/Reward= 1:1.25 | 1:2.45 | 1:3.27 Expected Profit= +17.64% | +34.68% |...
Expect BTC.D to hit a wall around 50% to give a chance for Alts to recover from here... this is conditional of course that BTC can climb up above the 36k and hold its position above the triangle that it has violated twice with a break up takeout then a break down takeout.
We've moved back up to the red box as expected. I still believe we'll see more correction up, either towards the top of the red box, or possibly even a re-test of the neckline. More likely the former. Projections & potential paths towards them on the chart. Previous BTC.D predictions from the same chart and other related ideas linked below.
#BTCD another increase in BTC dominance to 49, can make $BTC reach $29K and maybe $27k (as Robert Kiyosaki said), this price will be our last chance to buy BTC cheap. so don't miss that. then BTC dominance can fall that will be great for alts again.
Recently the upwards impulses from BTC .D have been met with ever increasing downwards momemtum resulting in a slumping action. This is usually a typical bearish indication of reduced momentum. I suspect BTC will start losing dominance to alts once it reaches the strong resistance zone indicated by the white box. Take this into consideration when placing long...
Here is a chart showing when to buy Alts. The rotation looks to stop sometime between September and October.
Bitcoin Dominance is Increasing. This statement is echoing in the crypto space now. But what is it and is the Alt Season Over? Bitcoin Dominance is the relative market capitalization, i.e. comparing the total supply of circulating tokens multiplied by the current price against the price of fifteen cryptocurrencies. What is Alt Season? If 75% of the Top 50 coins...
BTC.D looking at a comeback
I think we're likely headed back up towards the red box, possibly 53%, and possibly even a massive run back up to the HS neckline where we began the big drop. If at any of those points we turn back down - we finish correcting up and head back down to finish its our return to its previous bottom @ ~36.39%