USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close...
if you look at my page, I already made my prediction where the dominance will go up, but we deviated from this and now broke the channel. Dominance is also starting to fall, which is a sign of capital outflow to altcoins
Bitcoin Dominance has broken down from wedge on CRYPTOCAP:BTC.D and it is retesting the ceiling resistance for 10 days streak now Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance...
This is great news for the Altcoins you are holding. When the dominance drops, the altcoins start to thrive. We can utilize this moment to take good profits on BTC because the price might also drop. it's a good time to start investing your bags into some of the top 100 or 200 Altcoins, so fasten your seatbelt, grab some popcorn, and watch the show revealing...
Someone just requested a litecoin chart and this is all that matters. I wouldn't buy any alts until 2027. Most are trending down vs. BTC. Still no breakout here on log, so it's not a terrible idea to buy some alts, but uh.... I do not recommend it personally.
💹 Let's dive into the analysis and review of Bitcoin, which has been making a lot of noise lately, and implement this new program in our channel. 🌟 Unfortunately, today, two of my good analyses on DOGE and TON got deleted from the channel due to some issues on my part. I will fix these problems and repost them for you. Because of this, a new idea came to my...
Bitcoin (BTC) dominance is a metric that expresses the percentage of the total market capitalization of cryptocurrencies represented by Bitcoin. This value has a significant impact on the development and value of altcoins - alternative cryptocurrencies that stand in the shadow of Bitcoin. In this article, we will focus on the relationship between BTC dominance and...
The uncertainty lies in how the price will respond, as historical halving have seen varied reactions. Often, the price has dropped, but sometimes this decline occurred several months prior to the event. Currently, the price is testing monthly support levels. Technically, there is limited potential for downward movement, given the heightened demand due to ETF...
#Analysis of Dominance Bitcoin Time 1W In the weekly time, this index has reached its most important resistance range, and we can expect that this index will enter the corrective and falling trend in the medium term and witness the beginning of the upward trend of altcoins in the long term.
rising wedge pattern is consolidated in 3d chart need a breakout of the lower side of the pattern in HTF as 3d chart then btc dominance must decline 20% from here so we could tell welcome to Altseason2024. thanks and for more ideas hit "follow" and "like"🎯 tell me in comment section when u think Altseason2024 will start
does not include financial advice. the graph is back to its 2019 appearance let's see if he can spread his wings this time
- for me it has always been very complicate to explain BTC.D to peoples, because it's complicate ! lol - it's weird to understand the moves and many factors have to be compared together an alchemy have to happen to see something happening. - So basically to explain it, i will tell you what "we want to see" or "what we don't want to see" in the future. if the...
BTC DOMINANCE UPDATE The relationship between BTC dominance & Altcoins growth is Inverse relationship Good time to accumulate altcoins when dominance of BTC is about to drop/ breakdown Here in chart we can see 2 potential scenarios : Scenario 1: start to drop near current level Scenario 2: sharp rise to 59% - 62% before dropping .. The real altseason...
📣 Hello everyone! Since 2017, the full picture on the Bitcoin dominance index chart has remained incomprehensible to me, at least because of the short history. Now, 7 years later, for myself today I clearly understand that the trend on the BTC.D index is clearly downward, and all upward rollbacks are corrections to a long-term downward trend. I believe that a...
CRYPTOCAP:BTC.D BINANCE:BTCUSDT There are two scenarios for the start of a bullish rally in altcoins. Scenario 1: If Dominance fails to break above the 53.35 level, it will move towards the bottom of the pitch-fork. In that case, we will have a short but relatively intense and exciting rally in altcoins. Second scenario: With Dominance stabilizing...
According to my analysis, Bitcoin Dominance will follow this path. personal opinion. Good luck.
The market capitalization dominance of Bitcoin, measured in percentage, has continued to behave as anticipated. We've seen an increase and have now ostensibly formed a Wave ((a)), with the current phase being the formation of Wave ((b)). This Wave ((b)) is expected to reach between 100% and 138% of the previous movement. We have almost reached the 100% mark. It's...
Traders, Here's a snapshot of BTC dominance and its implications: Resistance Zone: BTC dominance is encountering challenges breaking above the 55% resistance zone. Altcoin Strategy: Any breaks below the trend line signal a need to add more altcoins to our portfolio. Risk Management: Exercise caution and monitor the general trend of BTC to mitigate potential...