BTC is now retesting the bullish breakout and if succeed, btc dominance will continue moving upwards. If same time , btc pumps, this is a good sign for bulls. If same time, btc price plunges, this will be doom for bulls. And both cases, altcoins' prices will suffer if BTC dominance goes up. Due to increasing volatility, be careful hold on guard and use stops. NOT...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) The key is whether it can rise above the HA-Low indicator on the 1D chart and above 26.1K. If not, there is a possibility of renewing the previous latest low range. As of now,...
I've been tracking btcdominance' weekly data and it looks like a major shift is starting to transpire. Shorters seems to have found their peaks -- and altcoin bulls may take over anytime now. Double top has been created -- and a strong order block resistance is being met with rejection. Expect reversal to the downside from here on for BTCDOM (expect...
Hello everyone, I invite you to checking the current situation of BTC's Dominance over the rest of the cryptocurrency market. At the beginning, we will mark the downtrend with the yellow line, which ended with an uptrend and a transition to the uptrend channel indicated with the help of the blue lines. As we can see, we have a sideways breakout from the channel,...
* 1D The long-term upward trend line has been broken. Therefore, the possibility of further declines seems high. First of all, the important point is whether the 48.80% range, which is an important support line, is broken. If this section is broken, it is likely to continue to fall. Based on this, Alts bull market is coming.
CRYPTOCAP:BTC given support at $25,336 in effect, $25,336-$26,333 current range, RSI on 4H and 1D both looking poor awaiting sign of reversal here with very low volume. Watch given S/R
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) What is important in the market cap chart is whether a gap has occurred. In a market that operates 24 hours a day, 365 days a year, the occurrence of a gap means that funds are...
Did a short (Fib-)analyses on bitcoin dominance (BTC.D). Marked out the bigger yearly, quarterly and monthly levels as well. Bitcoin dominance has been in an upward trending channel for about 45 weeks. Just recently it fell through the bottom of the channel. It is now below the former weekly support level and the former Low of Week level. I've drawn a downward...
With many altcoins appearing overbought in relation to Bitcoin (BTC), as evidenced by the Relative Strength Index (RSI) across multiple timeframes and lengths, there is a strong possibility of a reversion to the mean (a BTC Dominance bounce up from around the physiological 50% level). Most often it is argued to not use the RSI as an oversold/overbought indicator...
hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) It touched around 82.959B on the falling candlestick. Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades. That's why you don't...
Greetings dear traders, let's analyze Bitcoin Dominance chart! The Bitcoin Dominance chart is currently perched just above the crucial 49% mark, a pivotal level recognized for its significance as both support and resistance over the long term. Delving deeper into the analysis, the Relative Strength Index (RSI) reveals an intriguing development—a notable...
Almost a year ago I called the b eginning of winter time for altcoins - While we needed the FTX crash to start the process, Bitcoin dominance has reached the first target of 48% few months ago and even pushed higher for a while just to retrace back to same level recently. In all this time the dominance continued to put in higher highs and higher lows. I...
BTC dominance is currently in the extreme overbought zone in lower tf as shown by the indicators. In my opinion and according to my analysis, a short term recovery is coming soon as it is being rejected by the golden pocket.. and double top is on 15 min chart.. NFA
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) We need to see if it can rise above 83.333B. If not, 1st: 82.959B 2nd: 81.839B You need to make sure that it is supported in the vicinity of the 1st and 2nd above. (USDC...
In the world of cryptocurrency, Bitcoin has always held a commanding position as the pioneer and leader. However, recent market dynamics have signaled a notable shift in the landscape, with Bitcoin's dominance could drop from 53% to 43%. This could open the doors for altcoins to shine
Potential PO3 formation is present on the BTC dominance chart. It's advisable to be cautious in the coming weeks. Take a risk, make some profit!
🔸weekly MACD has crossed bearish on BTC.D 🔸it also consildated a descending channel price now trying breakout the bottom of channel. it's a matter of time. dont forget to suport us with ur like, comment and follw for more ideas.🎯
hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) (BTC.D 1D chart) (USDT.D 1D chart) The volatility shown 2 days ago has been corrected and appears to be displayed correctly. In this way, market cap...