#Bitcoin Dominance 1D chart; The white trendline starts from January 2015 and continues to the present day with a peak in January 2021. It managed to rise above the trendline with strong momentum. A decline will surely come, but it is too early for that. So why not now? In order for the decline to begin, the necessary infrastructures must first be formed. One...
Bitcoin dominance has started to decline rapidly. Even Litecoin has awakened against Bitcoin. First plan:
CRYPTOCAP:BTC.D BTC.D i am watching it on weekly time frame. Graph is showing me bearish movement. firstly RSI bearish divergence. And its a rising wedge it can fall to 50% to 48%. its my thought. That can lead Altcoin market to the moon. NOT A FINANCIAL ADVISE DYOR.
BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
Expecting a fall in BTC.D. Most probably aren't. My recent strategy has been to find a trendline that can be copied over and over and hit main price points (or a channel) finding the right lines take time, but that time is worth it.
Do not rely on CRYPTOCAP:BTC dominance breaking to pump your alts. Keep up with the alts that pump along with $BTC. Try to understand the current market trends. Do not stick to old market rules—they may be followed, but it should show on the charts, right? BTC dominance looks like a bullish continuation to me, targeting 60%. Invalidation occurs if it breaks...
Adding onto my SOL/BTC chart from yesterday. SOL.D is also confirming the breakout vs BTC.D Everything is SCREAMING for CRYPTOCAP:SOL to RIP!
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Bitcoin Dominance is pulling back towards 50MA resistance on daily, seems likely to get rejected next. ⚡️⚡️ #BTCDOM/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (6.0X) Amount: 6.0% Current Price: 2374.2 Entry Targets: 1) 2411.5 Take-Profit Targets: 1) 2010.3 Stop Targets: 1) 2612.6 Published By: @Zblaba ...
if we lost some marketcap on btc we can see btc price on 51000$ so this level is important
Hello dear traders. Good day . First of all thanks for your comment and support. ----------------------------------------------------------------- As you can see bitcoin dominance on weekly Gann Square reach to the reversal time zone and stops at Gann Square Fan line. We expected to decline and support in next Gann Arc resistance. Altcoin season will be higher...
BTC.D was rejected from the channel's trend line and consolidated above the 55% zone (blue). It then broke down and found support at the 54% zone (green). If BTC.D falls below this 54% support, it could drop to the 53% zone (yellow), which would be positive for altcoins, as a lower BTC dominance usually benefits them. However, if BTC.D bounced back from the...
BTC.D - KEY LEVELS FOR THE NEXT ALT SEASON (MAY 2024) When can we expect the next Alt season? It's been a long time since the last one. For a potential Alt season to occur, we need to break through the critical 54% level. If that doesn't happen, then the 58% level has the potential to trigger this scenario.
Afternoon folks. Hope you’re having a great day, i wanted to share my opinion about the next big Altseason, showing it with some waves . At first I think we’re gonna have a pullback to 50% so the altcoins can breathe a bit . Then we start the first phase of bitcoin gaining and the bull run till we get close enough to 64% , small correction starts there to point 3...
Alternative idea for Bitcoin Dominance. Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured) Often after golden crosses, before the real bull run there is a strong re-test. A re-test of the 100 and 200 weekly MA over the next month or so would target the exact...
My opinion is that Bitcoin will reach newer heights, when that happened in 2020 most altcoins did -80%, just look at FTM or DIA for example. I only hope that moment is not now. I feel uneasy about the constant bullish weekly divergences, at least monthly RSI hints maybe we could have a small alt season soon. But it will be mostly to give late longers and stuck...
3-daily chart for BTC.D Targets: Possible drop to support support initially. Then TP 1 around 47 TP 2 ~43-44%. Prereqs: Remain below the wedge and lose 54% and then the 200 day EMA/MA just under it. Some confluence: My hand-drawn rising wedge on the log chart above has a measured TP 2 that lines up almost perfectly with the linear chart's "Rising...
#BTC Dominance: The Moment We've Been Waiting For. The true alt season begins when ALT/BTC pairs start displaying strength, and I believe we're already seeing signs in several altcoins. I'll be sharing more details soon. The liquidity exiting the market is poised to flow into solid altcoins. You have to be patient, No FOMO! Follow me if you don't yet, and hit the...