Watch to see how we react at support. It will help your decision making. A drop below support opens up some great alt entry possibilities.
Hi Guys! Do you know what falling dominance of BTC means? Yes, you are right. The more bullish the market is the smaller dominance of BTC is. It happens when the market is positive about the future and people invest in other projects than BTC. It means they are not afraid anymore and put their money somewhere else than the safest crypto so far BTC . As...
BTC has 10 or 30% upside. That would mean Alt either goes up 3% or 23%, or if btc dominance goes down alts could do 15% or 40%. Altcoin chart suggest 15% tp be most likely and BTC 10%, in other words, BTC dom should go down by 5-7%
Critical decision time for BTC Dominance. Got to consider both scenarios before confirmation of break out.
So, here is how I see a potential fall of BTC dominance. Right now it would make perfect sense - before BTC halving (which is next year) it would be perfect time for ALTS to shine.
BTC dominance macro-view: Now we will close BELOW monthly MA resistance which is an incredibly bearish sign for bitcoin dominance and also we will close below the MAIN support line which now will switch it to be a strong strong strong resistance MACD (momentum) still going down and hope to switch to the bearside to have a beauty altcoin season Bear cross at...
Soon... Alt coins gonna boom. Pick quality alts.
It's been a while since the last time I posted a chart. But i see BTC dominance very weak and likely to breakdown that little triangle pattern. If a ALT season is coming, btc dominance might drop to 25%. If you have BTC you might want to diversify into promising alts. All right cya.
set up GREEN= HOLD BTC BUY BTC RED = SELL BTC BUY ALTCOINS BLUE = POSSIBLE BREAKOUTZONE FOR ALTSEASSON OR BIG DROP ALTCOINMARKET CAP PLAY THE BREAK.
Hello guys playing around Bitcoin dominance and discovered it was filled up with lots of bear flag which each break leading to huge altcoin pumping. Presently we have another flag that is about to break we should keep an eyes on this as it will surely lead to another huge pump in alt market. Enjoy your alts guys as they pump. Please leave me some like if you see...
For the last 200 days a descending triangle is consolidating and a breakout is quite imminent (we entered in the last 25% of this formation). Breaking this formation on the downside should trigger another Alts season, breaking on the upside may trigger further lower lows for alts and probably also BTC. Total Market Cap Patterns: cryptok.eu
You can see the Chart of Btc Dominance on Daily Timeframe . I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan