- After False Break BTC price go back in triangle and maybe will continue sideway in triangle.
- BTC Dominance backtest 62 done and will continue down to 57-58.
Still as the previous analysis, BTC sideway and BTC Dominance down is time for Altcoin Season, Altcoin will have new ATH.
Rising wedge into a supplyzone/ trendline.
Bitcoin dominance looks set to fall again (20 aug) which times up well with alts relief pump after the dip today
Alts bearish case is a potential hidden complex inverse head and shoulders but its abit messy and against trend so im doubtful on that.
Altpartycontinues?
Zooming out a bit here on the dominance chart looking at the 2-day timeframe, you can't really grasp the entirety of the Bitcoin Dominance if you're looking at a 1H chart, this doesn't work like that
Ok i've done multiple breakdowns before with this same chart, but I enjoy updating this chart every once in a while for you guys and me to look at.
After the...
****** continuation from the previous post *********
As I stated if you don't time it right, you miss out on a great opportunity.
Note the bullish divergence playing out.
As I stated previously, the strategy here is\was important to compound your trades.
BTC dominance has hit the support level and now most of the Alts including ETH are dropping against...
The Total Crypto Market Cap excluding BTC (Total. 2) is currently testing the Weekly resistance of 138.924B once again. The 2 previous attempts to close above this level have resulted in huge pull backs to the Monthly Support of 52.161B, these occurred on July 30th 2018 and June 24th 2019. If we were to see a rejection from this crucial level again and a rise in...
Hi All,
BTC dominance approaching the 0.618 mark which could only mean that many of the ALTs have done their top, with a BTC dom bounce and\or the BTC movement is big.
2 Scenarios
======================
A) My bullish view on this is BTC breaks 12K and up it goes to the next major level 13800. That's where the MONTHLY resistance (body of the candle).
B) The...
The monthly MACD of BTC dominance has cross down. BTC must go up before the end of the month to uncross the MACD. Currently dominance is near weekly support, if that breaks we can see BTC dominance at 10% supposing that the downward wave from 100% is an ABC 1 to 1 correction. at 10% BTC will be forgotten and some alt will replace it.
I expect a sharp rise from here, but a breakdown is possible after multiple touches as well. See past chart predictions. Altcoins will be affected in a major way here.
Here's my theory, we've seen massive alt gains lately, and a ton of huge recoveries. Top alts like Link going into full FOMO mode. I believe these profits will shift to BTC
as BTC is what most...
The king getting unseated. If dominance loses midline channel support it will drop the next channel support at roughly 59%. Ranking of BTC on lunarcrush is 66 out of a hundred, not even among the top 10. Is BTC going to be replaced?
The bitcoin ownership percentage chart has reached the specified resistance range according to the analysis, and is likely to have a few weeks of correction in the current range.
A POSSIBLE CHANCE FOR RISE ALTCOINS :As long as the chart is uptrend, bitcoin ownership will be higher than the market, and as a result the volume and trading of penalties will...
BTC.d did a head fake at %62.6 and although it now retests this resistance, it meets the same heavy liquidity zone that created the head fake. Rejection again will send it to 61%. Repeat of the July 27th pattern.
Hi All,
~~ Ref > Z.Charts ~~
BTC dominance will increase and its likely the ALTs will start slipping away.
Both BTC and ETH numbers will go up with BTC slightly more favourable it seems.
As per chart, on the daily we observing a bullish divergence and fractal's of previous BTC bullish divergences.
Cheers,
S.Sari
Bitcoin Dominance is back at lows where it has bounced violently several times in the past, expect a violent move in either direction
for bitcoin and altcoins.
We're back at the bottom yet again on BTC Dominance, expecting a big move up for Bitcoin very shortly, a large bounce on Dominance,
and a huge pull back on a lot of these alts that have been massively rising lately.
We've bounced up fast everytime we've landed in the circle.
If the opposite occurs, which is also possible with this many touches down here,...
![BTCUSDT: [Update] BTC Analysis From Now to 11/2020, Altcoin Season !](https://s3.tradingview.com/d/DYCsdgUV_mid.png "[Update] BTC Analysis From Now to 11/2020, Altcoin Season !")
