Hello Team, This chart views the Bitcoin Dominance, it calculates Bitcoin's current share of the global cryptocurrency market cap. As you can see the Bitcoin Dominance chart is at resistance from a weekly consolidation zone. If we break this resistance level we can see a continuation in the Bitcoin price towards 30K and beyond while most of the money flows...
This is a reply I gave to @cryptoninja1998 in a comment, his question was the following: " What are your thoughts on BTC dominance and the possibility of it turning back down (rejecting off 50% level), thus giving a push to the altcoins? " First, I wouldn't focus too much on the BTC Dominance chart to look for a certain type of action on the "Altcoins"...
Keeping my eyes on the BTC.D chart at the moment as Bitcoin continues to reclaim its overall share of the entire crypto market cap. If we can keep the current bullish momentum, look for alts to make their move as soon as this chart breaks the current upwards trend.
Anything that follows is not to be taken as financial advice. As you can see from this weekly chart, Bitcoin dominance has been trying to paint a low since may 2021. I've had that 48.20% horizontal ray placed for almost two years, and we can observe how it's been already tested four times so far in the course of said time. While that level has been working as a...
The Bitcoin Dominance chart is now ultra bullish as it moves past EMA100 weekly for the first time since November 2020. This is happening with rising volume and strongly bullish indicators. It cannot be stressed enough just how bullish this chart is. Only the actual results will be able to express what I am seeing. BTC.D is set to move to 54% or even higher. ...
Hello, everyone There are two dominance scenarios The first one we will go for about 50% And the second one we will go up to 60% So be careful Thanks.
Bitcoin Dominance Index seems about to reverse, ahead of the Ethereum Merge it's an opportunity to hedge against big Altcoins. ⚡️⚡️ #BTCDOM/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2X) Amount: 11.8% Current Price: 1197.3 Entry Zone: 1192.8 - 1144.0 Take-Profit Targets: 1) 1168.4 2) 1380.2 3) 1469.0 Stop Targets: 1)...
BTC Dominance has a clear Support Zone inside 39.70% - 38.90%. This has been holding for almost 2 years. The white line is the Total Crypto market cap excluding Bitcoin and Ethereum. Mostly negatively correlated to BTC Dom. A break under the BTC Dominance Support Zone starts the alt season. Follow us, like the idea and leave a comment below!!
Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...
Hi dear traders I hope you will be profitable My personal opinion is that bitcoin will start its next upward movement so fast that many altcoins will be left behind. Good luck
This is an alternative idea to heading up from here, based on a long-term target from April 2021. Around early to mid-April of 2021, Bitcoin Dominance confirmed a double top. Following that we hit and surpassed the measured 1x target (TP 1 on the chart above), and have since consolidated around it. However, we have yet to hit TP 2, or the measured 1.5x...
Doesn't look fun for the alt-season. BTC D hovers above the indicator lines, ETH D has them as resistance over itself.
Keeping a close watch on the BTC.D chart as BTC continues to climb upwards
Bitcoin Dominance has been trading above EMA10 since December on the weekly timeframe and is now gearing up to move to its highest level in two years. All the technicals are really good/strong/bullish and the stage is set for Bitcoin to shine. The initial jump will push BTC.D to 47%. This will be followed by an even bigger rise to 52-55% dominance and finally...
BTC.D break up Alert . be safe on your Altcoin moon boyyyyyyys .................................................................................................................
I think btc.d now start pumping as well & we can see results like #BTC pump ,Alts dump so be careful with trade becouse it's yearly closing too
It's really hard to explain this but we have a slight downpour, and then about 1 month to 45 days the market is bullish, and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%, and then we have a terrible fall that many currencies will be destroyed if you like analysis...
NAIRA is currently indecisive with CMP sitting at 751.8 per dollar. A breakout from this triangle to confirm Naira next direction. An upward breakout above the resistance zone toward 760 will make NAIRA super bullish to 777 and 800. A downward breakout will drop price to 735 or more. What do you expect?🤔 An upward breakout or a drop?? Not a financial...