With each bull market, the profitability of alts decreases compared to BTC: 2017 - 63%, 2021 - 47%, 2025 - 24% ? Please note that the BTC bull markets so far have not included ETFs. This Black Swan can cause up to 4 times greater growth dynamics for BTC (similar to Gold in 2004).
Altseason in the horizon, be prepared. Grab all altcoins you CAN.
The BTC dominance is up, meaning that the capitals in crypto are flowing more into Bitcoin than others at the current time. My target is 60% by the end of the year according to the TA. ETHBTC chart is also bearish, as Ethereum is THE catalyst for altcoins. Support from 2016 broke down. Besides TONcoin, BTC and BNB are the outperformers in recent days, shows...
Bitcoin Dominance is about to touch 57%, a previous resistance/support level. This is a on a daily/weekly chart basis so we still have some days/weeks till we bounce from that resistance but Alt Season should kickstart once we get there.
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.
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...
Morning fellas, Last night I posted a chart on Link/USDT. A coin that outperforms others, and always looks bullish, even when it's not trending higher. I guess the hopes for Chainlink are high. But there could be a pullback, while BTC.D moves up a little. Lets keep an eye on it, most alts didn't run yet, so im still bullish on them. Trade thirsty.
Candles were trapped into a dead corner, The market will choose a direction to price up or break down. It seems that the resistance is losing its control here. It is a potential uptrend triangle pattern. If K4 close upon the resistance, It is likely that an upthrust wave will come up, And, candles will touch 60% area.
According to trendline, there is tendency BTC D want to move higher on weekly time frame. Let's see what happen in next week and couple of month . When BTC increase. alt will down and when BTC down, alt will down harder
Whilst in theory I'd agree with the maximalists that most of crypto is worthless and shouldn't exist it's ultimately my job to agree with the market rather than with other people (and of course especially not with those who care to _disagree_ with the markets) Many will fall for the same trap that was fallen for in December 2020 and capitulate on alts during...
We all know things can change but on the other hand. Fighting a one year trend, expecting a rollover on BTC.D might not be a happy wait. We know that charting BTC.D is not tradeable but if you are pumping money into ALTs thinking 'tomorrow' is the day? Then the BTC.D chart is not your friend. We are witnessing a strong BTC season that may not be over yet. I...
looks like we are going to have some real upward to wards 57% - 62% and from there towards 49% area minimum
I tend to believe that btc dom reached local top here. 3 months of chop, maybe ordinal season? strong allts only 3 months of uptrend, btc solo run to 100k, alts bleed/ chop against bitcoin. then 6 months: btc to 200K & great alts season till end of Q1 of 2025. Sell everything on first of April and this is not a lie (they can easily manipulate this one) 365...
Here is my forecast for the bitcoin dominance chart: I think we could see a continued bull run on the BTC.D weekly towards the 70% (overbought) level by the end of this year - so you definitely want to remain overweight BTC until then. The picture also suggests that we may see another "alt season" near the end of 2024, as the crypto market heats up and we enter...
Dominance rising up since last few weeks and currently forming rising channel
Is Bitcoin approaching the end of its market dominance? And altcoins are taking over the market If Bitcoin dominance cannot break certain limits, it can provide a start for the growth of altcoins
Dominance has held the inverse head n shoulders as support. Expected as we rally into the halving. I rebalanced last week and exited a major portion of memes into Bitcoin or into ordinals/brc20s like ZBIT , Gamestone, Game of blocks, and other Rune plays. Mega bullish on the BTC machines team. Anyway I wish I could add those charts in here but maybe someday....