Hi Traders, Investors and Speculators of Charts📈📉 Welcome to 2024🥂🥳 And with the new year, we've been focusing on altcoins that have great fundamentals AND great upside potential. Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously. Launched in June 2019 by computer...
To delineate the onset of Altseason 2024, I have meticulously scrutinized CRYPTOCAP:OTHERS.D , which offers insights into Dominance distribution, excluding the Top10. Historically, the level around 12% has proven to be extraordinarily significant. Presently, the "price" rests just below this pivotal level (specifically at 11.93%). However, we have recently...
Looks like there are 2 scenarios currently. The third one is breaking down, which woudl be a huge surprise. Low probability even tho the pattern usually breaks to the downside.
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...
#BTC Dominance When BTCD goes down ETH & ALTs go up. The downtrend has now been confirmed, buckle up...
Bitcoin's dominance has been protected on the 3D time frame by the EMA 50 since January, so for me a candle close below the EMA 50 could mean the start of the Altseason (Altcoin Season). Remember that we are currently experiencing a correction in the cryptocurrency markets, which is healthy in the long term before the real bull run begins.
Hey everyone, Im not that active as I would like to be because Im bussy doing other stuff then just investing and traing but I feel sad for many people turning bearish now so I thought I might reveal the truth ! This might be a massive BEAR TRAP and that we are going up or pass the 10 Trill exclude BTC in next bull cycle which allready started months ago, but...
BTC.D is the dominance that bitcoins market cap is over all crypto market cap. It can be confusing, as BTC.D will increase when Bitcoin runs and the rest of the crypto market stays the same, As well as when there is fear and doubt in the market - people will run to safety - which will make people sell alt coins and buy bitcoin - making BTC.D increase even while...