Bitcoin dominance reached its highs since December 2018. In the zone of 60%.
And bitcoin once again proved who the father is in the house.
I believe that the increase in Bitcoin domination is due to the fact that the new money that enters the market is invested in cryptocurrency number 1 - Bitcoin.
Bitcoin value really has in contrast to 95% of other...
I thought it would be interesting to compare what performed better in general during the BULL market of 2017 and the BEAR market of 2018.
To see if it can give us any lessons to be learned on what to favour if your going long.
During the BULL Market, the ALTs lost significantly in terms of value against BTC.
During the BEAR Market, the ALTs gains...
This time let’s take a look at the dominance of BTC.
This is much saturated. Look at RSI. We know the alt season is coming.
BTC has broken previous resistances and its peaks are higher (price in USD).
This is definitely bullish.
When will alts explode?
This hasn’t happened yet.
We know it will come. Most likely in June. Yes, this June.
Most of the...
Looking at a Bitcoin dominance chart, I am finding lots of technical facts that BTC dominance is slowly going to 97%, do you agree with me? After my drawings I have converted all of my cryptocurrency to Bitcoin as the graph looks terrifying for other crypto market. I prefer to stay out of trading and just hodl BTC as it looks very painful for the rest of the...
There is the first powerful signal for the return of Bitcoin dominance to the launch site.
Bitcoin is losing its growth power!
Now the best time for buy Alt coins!
My Favorite Alt coins for Buy:
What Alt coins i want buy now?
1) NEO (Neo)
2) ONT (Ontology)
3) ETH (Ethereum)
4) TRX (Tron)
Look at this big triangle.
I think the big triangle is very strong.
Right now btc dominance: 61.55
According to this tecnique,
Btc dominans wont cross up 62.50 ratio level.
Btc Dominance must fall in 1-2 week for balance.
What must be happen for falling and How Altcoin Time Come?
Btc must fall with big amount, provided that btc is above the Week...
I keep trying to warn people. There is NO alt season until this chart reverses trend. A break down below 57.5-58 and resistance there must happen before alts are worth messing with. Til it does, alts will continue to get rekt. Bitcoin is flexing its muscle and there is still plenty more room for it to run up in dominance. Be very careful in alts, and stop trying...
I know everyone is so itchy and calling for alt season, but it simply will not come until this bitcoin dominance chart reverses trend. The shaded area is the key level. Once this breaks down and below that we could see alts turn, but as of now, it is holding as support and bouncing meaning, death the most alts. This means money is flowing out of alts, and into...
Bitcoin Transaction fees are skyrocketing over $5 again and quickly headed towards the previous ATH at $55, making it the most expensive cryptocurrency to send on-chain. bitinfocharts.com Bitcoin is also by far the slowest cryptocurrency taking 10 minutes per confirmation and requiring 6 confirmations to safely...
Just an update on a previous idea.
Bitcoin dominance clearly broke down and found support at the 50 day (red line).
Orange line moving up is Altcoin market cap.
I suspect Bitcoin's price is being kept stable around 8300-8700 in order to facilitate the growth of alts with many alts up over 100% from their May 14th lows.
Despues de mucho esperar, creo que la Alt Season se confirmara en unas dos semanas, el punto rojo que se observa en el MACD nos da indicio de que comienza la tendencia bajista en la Dominanza.
PD: un dato curioso el ULTRAMACD el 2 de abril aviso de todo esta subida. Gran herramienta.