looks like BTC dominance is setting up to go down. It is in rising wedge.
A rather unusual BTC.D chart to indicate ALT season Top 5 Stables by Mcap incl BTC.D to give what I call stable.D We can expect a 6-7% (of all these MCAPS) to flow into ALTS
I believe we will drop to retest support on bottom blue line hopefully it drops under its been a long bear season and we are in need of a alt season before the halving next year.This is pure speculation on my behalf just wanted to share my idea comment below what you think and please like thanks!!
All time highs across the board. Shattered dreams inbound. This is a weekly chart of BTC.D It appears dominance may be finding a potential bottom near the .786 region. I will be monitoring this over the coming months on the weekly and daily time frames.
I hope this message finds you well. I wanted to share some exciting news in the world of cryptocurrency that suggests a bullish scenario for Bitcoin dominance. As of the latest data available up to September 2023, there are compelling reasons to be optimistic about Bitcoin's position in the market. Increasing Dominance: Bitcoin's dominance over the entire...
Seems like btcd retest resistance area and will be going down to C point. Its time for alt season
BTC is now retesting the bullish breakout and if succeed, btc dominance will continue moving upwards. If same time , btc pumps, this is a good sign for bulls. If same time, btc price plunges, this will be doom for bulls. And both cases, altcoins' prices will suffer if BTC dominance goes up. Due to increasing volatility, be careful hold on guard and use stops. NOT...
as BTC lost over 50% of its dominance in past a few years it is expected to move upward at least to 70%. while BTC retrieve its dominance ALTs will not be able to pump. but also they wont dump. they will range in the same prices instead.
BTC.D is going back down to 49% after completing 5 waves and an ABC correction topping at around 50%.
I consider that the BTC dominance will continue rising in the coming days. Trade safe!
There is a huge difference between the chart I posted eariler and this one! I am wondering what happened and why there is a huge difference between the both!
Btc dominance is going down so hard. Hold your alts brothers! You are going to make some money insha Allah!
Looks like btc is ready to make a big move. RSI is at a common turning point in the lot to mid 30s. BTC.D falling onto major rising support. If this trend holds, BTC could make a big move and take a larger share of the crypto market. NFA Do your own DD. Keep an eye on this crucial level.
BTC Dominance broken the Falling wedge to the upside. Keep an eye on your Altcoins bags and Long positions. Bullish case for Bitcoin.
Everyone is bullish on BTD.D, yet it's giving off major bearish signals that rhyme with 2019. Is this time different?
In the future, with the growth of Bitcoin dominance, we will witness further declines in altcoins; we are still in a BEAR MARKET.