The phrase "BITCOIN DOMINANCE BREAK DOWN dari trend line!!" essentially means observing and analyzing the breakdown of Bitcoin dominance using a trend line. In everyday English, it refers to examining the situation where the dominance of Bitcoin in the cryptocurrency market is undergoing a breakdown, and this is being observed through the analysis of a trend line....
The sentence "BITCOIN DOMINANCE BREAK DOWN!!" can be described in everyday English as follows:
"Bitcoin dominance is experiencing a breakdown from the trend line!"
BTC.D - bitcoin dominance - momentum fractals
just taking a quick squiz at this dom chart. been neglecting this one.
cycles of degen:
bitcoin pumps again leaving most alts behind.
select few alts pump with it or beat it % wise.
btc dom flats out and another wave of alts pumps.
everything dumps.
From the data shown on the drawing, we find that a Diagonal Leading pattern has been formed and is then considered a wave A, then a correction is made in wave B, which is the bottom of the Leading pattern, from which altcoins and Ethereum breathe, and when it reaches the bottom, then a final wave C begins, rising strongly in the same direction upward. Let us...
#BTCD #BITCOIN #DOMINANCE #Crypto #Market #DUMP #Soon #Eddy
(("My analysis of BTCD"BITCOIN DOMINANCE" is like this, from my point of view, it is possible to track the position of short selling transactions on most currencies in the market."))
- What do you think? Have you checked BTCD in this time frame? Write me in the comments!
- My confirmations are based...
BTC Dom 1day here in a descending regression channel Dominance is at the bottom of the channel and will decide its future short-term direction from here Either dominance advances up the channel from here and number-go-up again or dominance breaks down from here which could see a drop to 49% sparking a massive run for Alts Just be ready DFTU!!
Hey crypto traders, if you don't know about the Bitcoin dominance chart and why it matters for all you traders out there, listen up! So, picture this: the BTC.D chart on the daily timeframe is throwing some serious signals at us. It's like the crypto market's version of a head and shoulders pattern, and it's currently hanging out just above the 50% mark.
The...
Bitcoin Dominance is currently at 43%. That means 43% of the entire crypto market capitalisation belongs to Bitcoin.
On the above 4-day chart two bear flags are shown. The 2nd bear flag is a fascinating fractal of the first. Using the numbers on chart:
1) Dominance rejects the upper Chanel for the 2nd time.
2) Dominance prints lower highs whilst trying to...
Bitcoin dominance has reached the daily demand around 51% as predicted and it is currently in a small range. I am expecting a retracement to the upside aiming towards the first resistance area at 51.85%.
While the Bitcoin ETF is on the news, ETH has now bottomed against the Bitcoin pair.
Bitcoin dominance is breaking down of a bearish rising wedge and suggests dominance of King Bitcoin has likely topped.
Do not get me wrong: this is bullish for Bitcoin itself !!
However, a falling Bitoin dominance (which is bullish for Bitcoin) is utterly bullish for the...
As you can see, Bitcoin's dominance is weakening in the short term.
In a short period of time, this is the best opportunity to convert Bitcoin to altcoins .
We have a double-bottom on the monthly, which also looks like Wyckoff Accum when viewed from the weekly timeframe. It has already broken out and initially targets around 58%.
Should that move break through the resistance between 58 and 71%, it could confirm a giant Adam and Eve pattern which could easily send Bitcoin Dominance back near 100%; potentially...
