BTC.D has been climbing steadily since the start of this bull run.
It’s often said that an altseason begins when BTC dominance drops below 55%. However, the 54% level appears to be a strong support zone, with the MACD showing a low point and the RSI entering oversold territory.
My analysis suggests that BTC dominance has established a range between 59% and 55%. It’s likely to bounce off the top resistance, pushing dominance back toward the support.
If the next drop breaks through this support, it could finally trigger a true altseason.
Trade active
The BTC bull market is starting to show signs of weakness.
The BTC whales’ attempt to cancel the altseason has only delayed the inevitable. BTC.D has been rejected by the yellow resistance line and is now poised to dump again, potentially dropping below 54%.
This scenario is unfolding just as predicted:
- BTC will enter a consolidation phase before its final pump, marking the end of this bull market cycle.
- Altcoins are gearing up for a breakout, and there’s nothing the BTC whales can do to stop it.
Here’s the updated chart to illustrate the latest developments:
Order cancelled
BTC.D is about to fall. If it breaks down this support, we are going to have some Altcoin pumping again!
Critical moment for the alts
Check the latest update
Note
BTC.D correction initiated
Note
The BTC whales mother*ckers are trying to rekt the altcoins retails while they are enjoying their familly meal?
A fake pump of BTC followed by a dump is attempting to cancel the BTC.D fall
It partially worked. What are they going to do next?
You cannot fight the mathematics. They try to do a soft landing and rebound.
Note
Merry Chritmas guys! enjoy a pause with your familly!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.