After hearing several people mention this crypto coin to me, I have decided to have a look at the technical analysis. I do not know much about the fundamentals that surround the company, and this coin, but here is the quick stats from coinmarketcap that I use to consider a possible good trade. This coin is ranked #26, and has a total supply of 237,928,231. There...
Bitcoin finally rallied back to hit 10k after an extended period of sideways - Btc Dominance chart went lower than most expected but at least the turnaround has started on the Bitcoin tether chart above . What's BTC target ? Well .. I'm just thinking here that there is a CME futures gap up near 118xx and the blue star on my chart as well as the top of that pink...
A dump idea for BTC down to spiral trend of the 100 - 95% move
A breakdown of the Broadening Wedge that has formed
Ethereum dominance looks very bullish , i dont know what else to say
Another scenario for bitcoin dominance linked, a less grim one.
Bitcoin domination has not increased. But before domination rose, prices increased. The money is still floating in altcoins.
Need to trade carefully. Buying bitcoins from this point can be dangerous. I think it is necessary to wait for domination to rise.
This is an amateur work. It is not investment advice. Good luck to everyone.
X Force Global Analysis:
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In this analysis, we dissect the cryptocurrency cycle. Understanding where capital flows will help traders capitalize on every opportunity they spot.
In our previous analysis, we have explained the relationship between Bitcoin and Bitcoin...
$BTC Dominance
Quick retest of the crossed trendline prior continuation?
That could be an answer to the quick pumps that some Alts are showing today, but careful, if continuation happens, more downside to come into /BTC pairs
#BTC
Sorry, Guys! I was busy, that is why I was unable to post any analysis.
Okay, Today's Analysis are very very very IMPORTANT, as it dictates the crypto market.
Bitcoin is the mother of all cryptos, if it moves, let's move accordingly.
First, let me give you the concept:
CONCEPT:
When the dominance of Bitcoin increases, the dominance of Altcoins decreases having...
X Force Global Analysis:
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In this analysis, we explore the relationship between Bitcoin's BTC/USD daily chart and the Bitcoin Dominance chart (BTC.D), which demonstrates bitcoin's relative market capitalization compared to the entire cryptocurrency market capitalization.
...
Altcoins may see continued favor for a short period. I'm looking for a double-bottom where the 2nd circle is drawn.
After we hit 62% again, I think we'll see a massive rise in BTC dominance and bitcoin value.
Many will exit altcoins until bitcoin reaches near its new peak value, and then a real altcoin season will start, before everything starts correcting...
Welcome Hyperspace Travelers..
Hope everyone is doing well.
Technical Stuffs from the last idea.. Please see the first Model failure on BTC.D.
Double Nestled Cup and Handle Formation with Orthogonal Phase States.
Timeframe 2015-2021
Linear Root w/ Wave Satisfies 0-A-B-C -IN-
Linear Root w/ Wave Satisfies C-B-A-0 -OUT-
w/Junction at Dominance Low.
Nestled...
There is a big divergence between prices and Btc dominance. I think these prices will be withdrawn (maybe after eating some more pump). There may be 9700 to 9500 resistors. Dominance is around 62.7. It doesn't look like a steady rise. There is a down trend line for BTC.D and it does not give a clue that this rise will be permanent.
If we come to price analysis...
