What is Bitcoin Dominance? Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined. How Does Bitcoin Dominance Affect Altcoins? Generally, there's an inverse relationship. When Bitcoin dominance rises,...
A few coins went up Monday and Bitcoin made it to $63,000, causing people to declare "alt season now" and "correction over," because people are spastic and need engagement and/or hope. Charts looks awful across the board. Most coins are still down 90% from last cycle. We have not had a single whiff of a real altseason. Bitcoin has dominated this cycle, outside of...
The weekly chart suggests that BTC.D is near its peak in this cycle as it is in an area where 3 different resistances are present: 1- Long term weekly downtrend (yellow) 2- Supply/Resistance zone of 57.2% 3- 0.618 fibonacci retracement of 2021 major decline the combined effect of the mentioned resistances will most probably lead to another major drop in BTC.D...
Alt season incoming? what do you think? BTC dominance is still strong but is getting curved a lot.
BTC dominance has broken out of the bull flag and the resistance. We expect Altcoins to suffer against their BTC PAIRS. BTC is expected to outperform Alts. We expect BTC Dominance to head to 60% over time. Are you buying BTC or alts?
Now some people are worried about BTC dominance breaking through the diagonal. But my point is that it's worth paying attention to the logarithmic chart. Apparently it indicates more accurately where the diagonal can go. I would expect ~58%.
Analysis .............................................. Good luck!
At the moment, it is suffering. Tonight at 7 o'clock, the market usually moves. It does not give us any specific data
Our eyes on Arweave, BNB and other Alts for the next leg up. NYSE:AR is a 100% BET.
Now we have to wait until December.Summer will be in bull period as well.Maybe there can be a little drawback but don’t SELL.This rule includes you guys and me .We will wait as possible as we can.If dom. will reach bullzone,there will return pattern then alts will go crazy.HOLD!! CRYPTOCAP:BTC.D
BTC.D: 2 candles have been placed for 4 hours, but it is turning green. For now, it means that you open the porition on altcoins. It will be more profitable than Bitcoin itself. If you also have a position, I would leave it open for now.
Dominance for bitcoin has been sideways and last week or so no major movement up.or down ,wave trend shows a curve forming on BTC dominance which historically been a downward movement on the 3 day chart
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
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...
Clear potential breakout above long term resistance trendline for BTC dominance. Now there is always the potential for a fakeout and then break below which could lead to alts increasing, but this is something to watch closely for the time being.