✍️Altseason refers to a period in the cryptocurrency market when alternative coins (altcoins) significantly outperform Bitcoin. This phenomenon typically follows Bitcoin’s halving events, as capital begins to flow from Bitcoin into altcoins. The most notable Altseasons occur when ALT/BTC pairs gain strong market traction. ✍️The duration and intensity of Altcoin...
Hello guys, here's a weekly update on the BTC Dominance chart. We can see BTC is trying its best to maintain and stay above the $28k support level and on the other hand, the BTC Dominance is breaking all the ceilings. In the hourly and daily chart, the dominance is increasing and the picture isn't clear enough to understand where the resistance is. But in this...
Bitcoin Dominance is again above 200MA while hitting the resistance area. We might see some relief in Alts for the short term. However, the trend for Altcoins will be confirmed when it hits the upper resistance trendline. Breakout will result in more blood in altcoins. This will be the fourth time dominance will be hitting this 1 year + resistance...
Reasons to Follow me? *9 Years in Trading! *7 years in Crypto *Certified Technical Analyst *Record Holder of Most liked Bitcoin Chart on Tradingview. *Consistent updates on Markets and Trade Setups *No Bias *All-time Top Author on various assets and index charts globally. *Very Active Community during both bull and Bear Market ALT/BTC Pairs are likely to have...
Although I have been calling for an Alt season for the last 4 weeks. A massive rally looks imminent in Altcoins. Below are the reasons we can see an Altseason trigger:- 1. Close below 21 MA confirmed 2. close below 50 MA confirmed 3. Possible bearish Crossover below 21 MA below the 50 MA. 4. BTC Dominance got rejected from the red resistance zone. 5. Multiple...
Welcome to this brief Analysis of Bitcoin Dominance. Reasons to Follow me? *9 Years in Trading! *7 years in Crypto *Certified Technical Analyst *Record Holder of Most liked Bitcoin Chart on Tradingview. *Consistent updates on Markets and Trade Setups *No Bias *All-time Top Author on various assets and index charts globally. *Very Active Community during both...
Welcome to this extensive analysis BTC Dominance. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance is following the previous chart so far. Although there's some initial...
Btc domonance now consolidation within a bearish rising wedge and creating continuously bearish divergence. We will see breakdown soon.
Once again we are discussing the very important BTC dominance, the reason of why this is being brought up over and over by myself is due to the fact that this is the best indication of where the market is headed and most importantly where the altcoins are headed. If we continue to see drops in Bitcoin dominance each drop is going to significantly boost the...