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Bitcoindominance

Bitcoin Dominance: Don't Be So OptimisticHello, Skyrexians! My previous CRYPTOCAP:BTC.D forecast now is playing out well. I bet for the reaching 65.35% before drop, we have seen 65.5% which is almost the same. Now dominance is dumping, but I warned you it's not the end. Now I will give you small update. I will not cover higher degree waves, you can check previous articles, let's cover only this Elliott waves cycle. The wave 3 now is finished slightly above the 1.61 Fibonacci level and now is printing wave 4, to make sure that wave 4 is finished we want to see the Awesome Oscillator zero line cross and reaching the target area next to 63.5%. After that I expect wave 5, it's not going to be extended because wave 3 is extended, so, the target is 65.5% again to retest. After that we can wait for bigger correction to 61%. Best regards, Ivan Skyrexio ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
2
BTC Dominance at Crucial Support– Altseason Incoming OR Ending? 📊🚀 Bitcoin Dominance at Crucial Support – Altseason Incoming? 🌈💰 If you’re wondering why I’ve been focused on BTC more than altcoins recently, this is exactly why! Dominance plays a critical role in understanding market cycles and timing those explosive alt moves. 📚 Quick Recap: BTC dominance reflects Bitcoin’s market share versus altcoins. Historically, altcoin bull runs often begin when BTC dominance tops out and reverses. The last big altseasons kicked off from the 73% dominance zone—but remember, history doesn’t always repeat, it often rhymes! 🔎 Current Chart Observations: BTC dominance is currently testing support at 63.41% within an ascending channel. Resistance sits at 64.25%. The dominance is flirting with re-entering the channel, but hasn’t confirmed yet. 📈 Probability Outlook: ✅ 62% chance BTC dominance breaks down—bullish for altcoins! ❌ 38% chance dominance holds and moves higher—bearish for altcoins. If BTC dominance breaks down from this level, it won’t just be a red candle—it’ll be a flashing green light for altcoins! 🚦📈 Mastering these cycles is crucial if you want to position yourself properly ahead of the next big alt moves. One Love, The FXPROFESSOR 💙
CRYPTOCAP:BTC.D
by FX_Professor
1
A Table to show you Money Flow when BITCOIN DOMIANCE MOVES A Simple Rule of Thumb can be followed when BITCOIN DOMINANCE moves up or down and it can save you a fortune if you use it properly. BTC.D - BTC - ALTS increase - increase - Decrease increase - Decrease - Decrease Rapid increase - Stable - Stable Decrease - Increase - Increase Rapid Decrease - Decrease - Decrease / Stable Decrease - Stable - Increase Currently we are seeing BTC.D Decreasing and yet the BITCOIN Price in Increasing and ALTS are INCREASING Tjhis is Great BUT you need to watch BTC.D like a Hawk now because when that changes and begind to rise again, as it will do one day, maybe soon maybe in a month....then the likly hood of ALTS dropping Quickly is high Bitcoin is now in heavy resistance and pushing through. Pay attention to how long it can do that The table above is your Saviour
CRYPTOCAP:BTC.D
by Orriginal
#BTC Dominance Update – Key Levels in Play!🚀 Hey Traders! 👋 If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥 Bitcoin dominance ( CRYPTOCAP:BTC.D ) is trading inside a beautifully defined rising channel on the 4H chart. 📈 What’s unfolding? ✔ Strong support holds at the lower channel line (marked by green arrows) ✔ Bounce potential toward the upper channel resistance (~65%) ✔ Expect possible rejection there, followed by another retest of support 💥 Why this matters: ✅ BTC dominance drives altcoin sentiment ✅ Rising dominance → pressure on altcoins ✅ Watch for a breakdown below support → potential altcoin relief rally ⚙ Key Takeaway: Monitor this channel carefully. If dominance breaks below support, alts could gain momentum. If it bounces, BTC will continue to lead. 💬 Drop your thoughts in the comments — are you betting on BTC or alts next? 🚀👇
CRYPTOCAP:BTC.DShort
by CoreCrypto1
Bitcoin Dominance - the two scenarios!Bitcoin dominance continues to rise after breaking out of a rising wedge pattern on the weekly chart. It has now also broken through the 0.786 Fibonacci level. Next stop is Rectangle 1, where Bitcoin dominance is expected to reach 68% — and most likely, this will mark the top of dominance before it starts to drop, triggering a historic altcoin season. Scenario 2: Dominance keeps pushing higher toward Rectangle 2, potentially surpassing 70%. At that point, many altcoins may form new lows, and weak projects could get wiped out. Fear in the market will hit extreme levels — but that could signal the beginning of an altseason and the collapse of BTC dominance. Best regards Ceciliones 🎯
CRYPTOCAP:BTC.DLong
by ceciliones
9
The Most Important Bitcoin Dominance Analysis!Hello, Skyrexians! This CRYPTOCAP:BTC.D analysis can be a little bit complicated, but this is very important update on our previous analysis. Dominance is next to the top, but now the period of unexpected moves has been started. Today we have 12h time frame to look at the internal wave structure. Tonight dominance hit the higher degree wave 3 target at 65.3% like I told you in previous article, but the subwave inside the wave 5 inside wave 3 is not finished. Let's count the waves for yellow cycle and we can see that there were no the wave 4 because Awesome Oscillator is still above zero. When it will cross it the yellow waves 5 will finish wave 5 inside wave 3. Now I expect the move to 63-63.5% then retest of recent high again then more significant correction and then another one wave to the upside - final big shakeout. Best regards, Ivan Skyrexio ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
7
Bitcoin: The Robot Taxi Driver We Didn’t NeedWhy Blockchain Is Driving the Future Without It In the 1990 sci-fi classic Total Recall, Arnold Schwarzenegger’s character hails a futuristic taxi only to be greeted by “Johnny Cab”—a creepy, clunky robot driver that awkwardly talks while struggling to navigate. Back then, audiences imagined a future where robotic taxi drivers would be commonplace. But instead, we got something far superior: fully autonomous, self-driving cars that render robot drivers unnecessary. The same is happening with Bitcoin. It was revolutionary, sure—but much like Johnny Cab, it’s outdated, inefficient, and rapidly becoming irrelevant in a world driven by advanced blockchain technology. Bitcoin: The Nostalgic First Step When Bitcoin burst onto the scene, it felt groundbreaking—just like the idea of robot taxi drivers in the Total Recall era. It gave us a new way to transact, free from centralized banks. People were thrilled, seeing it as the future of money. But here’s the problem: Bitcoin was never the endgame. It was merely the proof-of-concept—like Johnny Cab showing that, yes, you can put a robot behind the wheel… but does that mean we should? As financial systems evolved, Bitcoin’s shortcomings became glaringly obvious: ✅ Slow transaction speeds ✅ High fees ✅ Lack of scalability ✅ Energy inefficiency Meanwhile, blockchain technology—the real revolution—kept advancing, proving that we don’t actually need Bitcoin any more than we needed Johnny Cab. Enter Blockchain: The Self-Driving System Self-driving cars didn’t need robot taxi drivers, and blockchain doesn’t need Bitcoin. Blockchain is the foundation—an autonomous, self-sustaining system that underpins everything from finance to supply chains to digital assets. In fact, precious metals, equities, and commodities are all moving toward digitization—but not through Bitcoin. Instead, they’re being integrated directly into blockchain-based ecosystems that offer seamless, smart contract-driven transactions. The result? 💨 Faster 💡 More efficient 🛠️ Scalable & adaptable Bitcoin, on the other hand, is stuck in the past. It’s clunky, expensive, and increasingly unnecessary—just like a robot taxi driver frantically punching buttons while self-driving cars smoothly navigate the streets. Why Bitcoin Will Be Left Behind Much like how we skipped the “robot taxi driver phase” and went straight to autonomous vehicles, the financial world will soon skip Bitcoin entirely as blockchain technology takes over. Everything digital is moving toward streamlined, automated systems—systems that don’t require Bitcoin as an intermediary. So the real question isn’t, “Will Bitcoin survive?” It’s: “Why would we even need it?” Just like Johnny Cab in Total Recall, Bitcoin might be fun to look back on—but it’s not the future. Blockchain is the self-driving car. Bitcoin is the unnecessary robot driver. And in a world that values efficiency, guess which one we’re leaving behind? 🚗💨 INDEX:BTCUSD CRYPTO:BTCUSD NASDAQ:COIN NASDAQ:MSTR NASDAQ:MARA TVC:GOLD TVC:SILVER TVC:DXY SP:SPX NYSE:BLK NASDAQ:TSLA NYSE:GME INDEX:ETHUSD CRYPTO:XRPUSD CRYPTO:ADAUSD
INDEX:BTCUSDShort
by CassianDrake
Bitcoin dominance and the altseasonIn this chart, you can see the Bitcoin dominance from 2017 till now. The depth of the altseason was 35.14% and for the bear market we went up, up to 73.02. If we take a Fibonacci retrace level, we can see during 2021 altseason we were only retraced 0.893 or 89.3% what we lost during bear market. It was something new and for the first time, Bitcoin Dominance didn't make the new all time low. Following the same fact, I decided to find the possible levels for bitcoin dominance to top. we are getting closing the the 0.786, this level usually the last level that we could be bearish in any chart, however remember that last altseason we passed 0.786 but rejected at 0.893. My opinion would be we are reaching to the top of Bitcoin dominance sooner than later, I can easily see Alts are reversing from bearish in short term and BTC Dominace Maxing in stoch RSI. When you stay longer than usual in max excitation in stoch RSI you will be doing longer in opposite direction as well Max BTC dominance can reach 66.2% However, worse case scenario I am expecting at least BTC Dominace during altseason drop to 49.14% which is a historical support and also resistance during BTC season and Alt Season. Ideally, we should go down up to 45.30% as it would be the 0.786 of the range from 39.9% to 66.2% However, if we are able to make a new All time low in BTC dominance first idea place to see rejection or reaction would be 32.38%
CRYPTOCAP:BTC.DShort
by MehranVa1992
4
Bad News From Bitcoin Dominance: Pain AheadHello, Skyrexians! I got sick for these 5 days that's why has not shared updates, but market was very boring so we didn't miss any significant move. CRYPTOCAP:BTC.D concerns me now because to end this trend we need to see any significant correction, but we didn't. On the 12h Awesome oscillator was not able to cross zero line and reversed to the upside, so our main change is that daily time frame measures the wave 3 inside the major impulse. If we count waves inside this impulse price is approaching 1.61 Fibonacci level at 65.3% and trust me it's much better to see it's reaching before the drop. When this wave will be finished, wave 4 will happen. It can bounce significantly to 61%. This is strong target area and I am sure we will be there soon. Wave 5 can be extended, can be not. The max target is 71%! Sounds awful. The likely target at 66-67%, to make it more precise let's wait for wave 4 finish. I plan to close in profit those part of trades which has been opened after Feb 3 dump on this potential bounce to have money to add on the last huge shakeout. People believe in altcoins too much, very unlikely to have altseason now. Ready for hate! Best regards, Ivan Skyrexio ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
16
Bitcoin Dominance TA, Bearish SignalsRecently I spotted a very strong, long-term bearish signal on this index. A triple-bearish signal as it is present with three indicators. I am talking about a bearish divergence. Volume has been dropping significantly as the index moves higher. The weekly RSI peaked October 2023 and has been producing lower highs. The MACD peaked July 2023. These are long-term, but let's have a closer look and consider the daily chart. Here we have some interesting signals as well, let's start with the candles: —Here we have a rising wedge ending in a rounded top and long-term double-top. The uptrend is also in risk of failing. A breakdown of this uptrend, which can happen anytime, would result in a strong crash of this index. Next is the daily RSI: —The peak happened November 2024. There is also a short-term lower high as the peak this month happened on the 7th of April, the index peaked on the 22nd. —The daily RSI is already trending lower. Clearly the most interesting and revealing of all three indicators is the daily MACD. Let me show you the chart first and then I'll describe the signals: —Here the lower high is so strong that reveals what is coming to this index. The MACD peaked in February and produced a lower high this month, April. Notice the bearish cross, it happened yesterday. The daily MACD and RSI trending down with short-term, mid-term, long-term and long long-term bearish divergence all point towards a lower reading on these oscillators. The last major drop for this index happened in November 2024 with the bottom hitting a month later, December 2024. At this time Bitcoin produced a very strong advance as well as the entire Altcoins market, it was awesome. It is surely interesting to notice that the index recovers and moves higher while Bitcoin continued to grow. But at that time the Altcoins were starting their correction. Most of the Altcoins peaked late November 2024 and some in early December 2024. So this index is more related to how the Altcoins behave rather than Bitcoin. When it drops, it does not mean that Bitcoin will drop but that the Altcoins will grow. When it grows, it does not necessarily means that Bitcoin is moving up but that the Altcoins are moving down. We know the Altcoins are set to produce their strongest growth period since 2021. This Bitcoin Dominance index works as confirmation. It leaves no room for doubt. » Doubt can remain open as to whether the start of this rise will happen tomorrow or within a few weeks. Short-term, anything goes; the market can become erratic and produce some strong shakeouts, specially preceding a major wave of growth. But after 2-3 weeks, it is 1,000% certain that the entire Cryptocurrency market will be bullish and up. Regardless of what this index does or anything else for that matter. When the time is ripe, the market grows. The time is ripe right now... You will be happy with the results. Namaste.
CRYPTOCAP:BTC.DShort
by MasterAnanda
8
BTC Dominance New Update (12H)This analysis is an update of the analysis you see in the "Related publications" section We had a bullish diametric for Bitcoin, and it seems that the price has reached the highest point of this diametric. Wave E of this diametric, which is a bullish wave, is nearing its end. We refer to this as the highest point because Wave G might not reach the peak of Wave E. We expect a rejection from the red box, and this rejection could be very strong. Smaller altcoins could experience a significant pump. A daily candle closing above the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:BTC.D
by behdark
Total 3, do flags point to the target area?Welcome back dearest reader, Today i have a very interesting analysis for you, quite some valuable time was put into this. What i've noticed is the following: -From april 2021 untill july 2021 total 3 has been trading in a bullish wedge flag, when we continue the lines on the full candle bodies the apex pointed to the top of that flag durationwise -August 2022 till october 2023, extend the trendlines, apex march 2024, look up. Oh. -March 2024, october 2024 --> apex december 2024, look up. Oh. Now: -January 2025, april/may 2025, apex june 2025, look up. Oh. -I used the fractal from july 2021 as i think we're in this period -Upward sloping channel from october 2022 untill now could provide insights as to what the target price might be, HH and HL Target: 1.5T Also check out my BTC.D idea, these would coincide perfectly ~Rustle Is it certain this will happen? No-one has a glass ball, all we have are patterns based on past performance, this is no guarantee. But it does look good.
CRYPTOCAP:TOTAL3Long
by Rustlingjimmies
3
Let's Watch Bitcoin Dominance Together!Hello, Skyrexians! You may think that we make analysis on CRYPTOCAP:BTC.D too often, but it's needed because as we pointed out many times we are closed to the global top and it's important to predict when altcoin season starts. Today we have 12h time frame to look in details at final wave 5 inside global 5. Wave 3 inside this wave is about to be finished at 64.85%. This is not new information. You can check our previous 12h analysis and see it. Today price has reached the target and soon we have to see the reaction and small correction to 0.38 Fibonacci at 63%. During this drop altcoins may show great performance, but after that last shakeout will happen. After that we expect 3-5 months of dominance decrease. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.D
by Skyrexio
9
Bitcoin Dominance Is About To Finish The Growth CycleHello, Skyrexians! Time to update our main chart CRYPTOCAP:BTC.D and today we will take a look at 4h time frame to make sure that everything is going according our global scenario. Today we consider wave 3 in 5 into the global 5. It has been almost done with the potential double divergence and ending diagonal at the top. The next wave is higher degree wave 4. It has the target at 0.38 Fibonacci at 63%. From this point we expect final wave 5 to final target at 66%. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.D
by Skyrexio
5
Bitcoin Dominance Is Printing The Last Shakeout Hello, Skyrexians! Recently we pointed out that CRYPTOCAP:BTC.D is in the last bullish wave which has a target approximately at 66% and the bear market on altcoins is almost over. Today we will look in details on this wave inside and try to predict the most precise scenario. Let's take a look at 12h time frame. Here we can see the wave 1 and 2 and now price is in wave 3. Fibonacci extension levels 1 and 1.61 is the target for wave 3. Looking at the current wave we can say that it's not over, so it will likely to see 64.7% in this wave before the correction. Correction is going to be subwave 4 which will likely be finished at 63% then we have the last wave which can be equal to wave 1. In this case predicted earlier 66% will be reached at the end of April. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
4
BTC.D - Still in the ascending channelCRYPTOCAP:BTC.D remains firmly within its long-standing ascending channel. The recent “fake breakout” below the channel has been invalidated as dominance swiftly returned to the channel, showing a strong reaction and confirming the channel’s validity. This suggests: ✅ Bullish Implication for BTC: Bitcoin is likely to continue gaining dominance in bullish moves, outpacing altcoins in performance. ✅ Bearish Impact on Altcoins: In downturns, altcoins are expected to experience sharper declines compared to Bitcoin. Traders should monitor this channel as a key indicator for market behavior, especially for Bitcoin and altcoin strategies.
CRYPTOCAP:BTC.DLong
by Sober_Trading
6
Bitcoin Dominance, We Are Waiting For You!Hello, Skyrexians! We are changing color according to the new upcoming market cycle phase, hope our forecast will be realized and it's time to be bullish. CRYPTOCAP:BTC.D is about to flash the reversal signal, while altcoins dominance and USDT dominance are already did it, but we don't also forget about disaster targets. Let's take a look at the daily chart. Earlier we told that this is final wave 5 and now we are trying to catch its top. We mentioned that dominance will enter into 63-66% target area and it did it. Now we have to be focused on the reversal signals. For example Bullish/Bearish Reversal Bar Indicator has already printed the red dot at the top. Moreover Awesome Oscillator started reversing. You can say that this is the top, be our intuition tell us that some small move to the upside will be continued to 65%. Also we need to mention about nightmare wave 5 extended target at 70%, but this scenario is unlikely because it will break the divergence on the daily chart. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
23
''Altseason 2025''Welcome back dearest reader, I will probably get alot of backlash from bitcoin maxi's for writing this post, i have read and heard it all by now. I'm not disregarding their opinion on bitcoin and i think it will do well, but not as well as some altcoins which i have monitored. First the technical part: ~Bitcoin has seemingly formed a double top pattern with now on the weekly a gravestone doji (confirming this sunday). Looking at previous action from 2019 and 2020, these have been topping indicators and indicate a bearish reversal which in turn will be bullish for altcoins. ~ MFI --> massively overbought. ~ Stoch RSI --> nearly at 100! Screaming for a reversal. Over the past months everyone seemed to think ''this is the top, only to see dominance rise further and alts bleeding''. It is possible that BTC.D doesn't correct immediately, but i do suspect an altseason to be really close. Sentiment: When everyone... i mean EVERYONE is bearish. ''Alts to zero'', ''bitcoin is the only good coin'', ''Ethereum is dead''. This has historically been the perfect time to buy. And that time is now. ''But, there are over 13 million altcoins now!'' Yes this is true, i don't think all of them are going to do well, stick to the ones available on big exchanges. Those have 400 different ones on average. From those i have covered some allready which i think are going to do well, it's worth your time to look at those ideas. Any questions? Ask. ~Rustle
CRYPTOCAP:BTC.DShort
by Rustlingjimmies
4
TradeCityPro | BTC.D: Predicting Alt Seasons with Bitcoin Domina👋 Welcome to TradeCity Pro! In this analysis, I want to discuss an important crypto index that can significantly impact our trading, known as BTC.D. First, I'll provide some explanations for those unfamiliar with this index, and then we'll dive into the analysis. 🤔 What is Bitcoin Dominance? Bitcoin Dominance is a major indicator in the crypto market. It does not directly represent supply and demand and is not tradable; the chart you see is calculated by TradingView and does not exist physically. ⚡️ This index represents the strength of Bitcoin in the crypto market. It shows the amount of money in Bitcoin divided by the total money in the crypto market. 100x(Bitcoin MarketCap / Total MarketCap) = Bitcoin Dominance ✔️ For example, if the total money in crypto is 1 trillion dollars and 500 billion dollars of that is in Bitcoin, then Bitcoin's dominance would be 50%. ✔️ Or, if the total money in crypto is 1 trillion dollars and 300 billion dollars of that is in Bitcoin, then Bitcoin's dominance would be 30%. Now that we know what Bitcoin dominance is and how it is calculated, let's see how it can help us in trading and where it can be useful. 🤔 How is Bitcoin Dominance useful? When we trade, we often encounter situations where both Bitcoin and an altcoin (for example, Ethereum) are triggered simultaneously according to our strategy. There are several ways we can open positions in these situations. Some open positions simultaneously on both, increasing the risk of the trade and doubling the potential loss if the market moves against us. Others may randomly choose between the two positions, which could result in taking a position on Bitcoin and hitting a stop-loss while Ethereum moves towards your target. But how can we determine which one is likely to be more profitable? 🔹 As mentioned, Bitcoin dominance indicates the strength of Bitcoin relative to the rest of the market, and there are three scenarios to consider for its analysis. 📈 In the first scenario, if the market is bullish, Bitcoin dominance can be bullish, bearish, or range-bound. If Bitcoin dominance is bullish, it means more money is entering Bitcoin, so if both Bitcoin and Ethereum are triggered simultaneously, Bitcoin is likely to rise more than Ethereum. If Bitcoin dominance is bearish, less money is entering Bitcoin relative to altcoins, so altcoins like Ethereum are likely to rise more. If Bitcoin dominance is range-bound, we analyze the market candle by candle and pay more attention to short-term momentum, deciding based on the current trend of Bitcoin dominance. 📉 In the second scenario, if the market is bearish, Bitcoin dominance can again be bullish, bearish, or range-bound. ✔️ Before explaining this scenario, let me tell you how it's possible for the market to be bearish while Bitcoin dominance increases even though Bitcoin's price is also falling. As I mentioned, Bitcoin dominance is a ratio and is shown in percentage terms, so if the market is crashing, it might be that Bitcoin is selling less than altcoins. For example, Bitcoin might sell for 10 million dollars and altcoins for 20 million dollars. Even though Bitcoin is being sold and its price is falling, it is being sold less than altcoins, so its dominance increases. 🔹 Now, let's examine the second scenario. If Bitcoin dominance is bullish, less Bitcoin is being sold compared to altcoins, so altcoins like Ethereum will have a greater drop and are better for short positions. If Bitcoin dominance is bearish, Bitcoin is being sold more than altcoins, so a short position on Bitcoin would be more suitable. Lastly, if Bitcoin dominance is range-bound, like in the first scenario, we analyze candle by candle and focus on short-term momentum. 📊 In the third scenario, if the market is range-bound, I first suggest not opening any positions because many strategies do not work well in range-bound markets, and it's better to wait for a breakout of the range's floor or ceiling before opening a position. However, if you do decide to open a position in this phase, short positions fall under the second scenario, and long positions fall under the first. ⭐ So, with Bitcoin dominance, we can optimize the positions we open and choose the best option between Bitcoin and the selected altcoin. If we look at Bitcoin dominance in higher time frames and not just as a confirmation for futures positions in lower time frames, we can identify alt seasons. 🤔 How to identify alt seasons and alt parties with Bitcoin Dominance? So far, we've seen how dominance in different states and positions can help us in trading. Now, if we analyze Bitcoin dominance over a longer term, we can determine whether the money in the market will move more towards altcoins or Bitcoin in the coming weeks or months. ✔️ For example, if Bitcoin dominance is bullish in the weekly time frame and has a strong upward trend, naturally, more money will enter Bitcoin over time, making Bitcoin a better investment than altcoins. However, if Bitcoin dominance undergoes a correction for a few days or weeks during this bullish trend, altcoins can experience significant growth during that short time frame, which we call an alt party. 💥 On the other hand, if Bitcoin dominance completely changes trend and is bearish for several weeks or months, altcoins will naturally grow much more and will be a better investment option until Bitcoin dominance turns bullish again, which we call an alt season. 🔹 An important note about alt seasons is that Bitcoin's trend during this time must be bullish or range-bound; if Bitcoin is bearish, neither an alt season nor an alt party will occur. So, be sure to first understand the overall market trend using indicators like Total and Total2, and then look for an alt party. Now that we've examined how this index works, let's move on to a technical analysis of the chart. 📅 Monthly Time Frame As you can see in the monthly time frame, Bitcoin dominance had a very long range above the 95% area between 2015-2017, which was because the crypto market was still very small at that time, and many investors thought it was a scam. Thus, if anyone wanted to invest in crypto, they only bought Bitcoin. ✨ But in 2017, during Bitcoin's bull run when it reached the 20k ceiling, altcoins also entered the game, and Bitcoin dominance began to fall, spreading the crypto money among other coins. This downward movement continued down to the 40% area, and after it consolidated around this area, Bitcoin dominance started rising again, correcting the severe downturn it had experienced. 🔍 At the start of the next bull run in late 2020, Bitcoin dominance reached its peak and formed a range between 57.13 and 71.04 until the end of the bull run. After Bitcoin's bull run, in the second leg when the price moved towards the 69k area, Bitcoin dominance broke the 57.13 support and moved down to the 40% support, leading to a major alt season. 🎲 In early 2023, coinciding with the start of Bitcoin's bullish trend from the 16k bottom, Bitcoin dominance broke the 47.80 area, which was the ceiling of its box, and its upward movement restarted. Currently, Bitcoin dominance has also broken the 57.13 area and is near 64%. As long as Bitcoin dominance remains bullish, Bitcoin will still be a better buy, and altcoins will not be able to grow significantly. 💥 If Bitcoin dominance finally confirms a trend change and turns bearish, if Bitcoin's trend remains bullish, we will witness another major alt season like in 2021. For now, we confirm the change in trend in Bitcoin dominance on the monthly chart by breaking 57.13, and for a better and more accurate analysis, it's better to move on to the weekly time frame. 📅 Weekly Time Frame In the weekly time frame, after breaking the 47.46 area, an ascending trend has formed within an ascending channel, and the price has been in this channel for about two years. 🧩 The next resistance for Bitcoin dominance is 65.59, which it is moving towards, and the main ceiling for Bitcoin dominance is 71.04. If the upward trend continues, more money will enter Bitcoin, and altcoins will not be good investment options. 🔽 For a trend change and a bearish turn in Bitcoin dominance, breaking the 60.50 area is suitable, and if Bitcoin dominance records lower highs and lows below this area, we will confirm the trend change. Breaking the channel will also be one of the most important confirmations. 📅 Daily Time Frame In the daily time frame, we can analyze the price movement with more detail. 💫 Currently, the 62.23 area has been broken, and Bitcoin dominance is performing another bullish leg, having reached the channel ceiling. If the channel ceiling breaks, we can expect a move to the 65.59 area. 📉 For a trend change in this time frame, it's better to wait for the channel to break, but besides the channel, the 62.23 and 60.50 areas are also significant, and breaking them will confirm it. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
CRYPTOCAP:BTC.DShort
by tradecitypro
15
BTC DOMINANCE is fading - the altcoin wave is coming (3D)This analysis is an update of the analysis you see in the "Related publications" section First of all, you should know that the time frame is large. the 3-day chart which means altcoins could remain bullish for 1 to 3 months. We should be looking for buy/long positions on altcoins that have strong setups. We expect a drop from the red zone or even from the current price to complete wave f of this diametric pattern. Targets have been marked on the chart. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:BTC.D
by behdark
9
XRP could flip Bitcoin again at the end of this cycle around Sepothers.d is ready to bounce after 5 red monthly candles. Just like December 2016. while Bitcoin Dominance looks like this under Trump 2.0 trolling the economy on a much grander scale while XRP has already given us a tease of what's to come this cycle reaching a historic new ATH. And tether on the other hand, unstoppable! They are about to print so much money they could at some point flip Ethereum while Ethereum finally goes home. Imagine if XRP and tether flip Bitcoin together (relax! it wouldn't be the 1st time. XRP did in Jan 2018 if only for a moment) Looks promising now that Europe offered 0 to 0 tariffs. 1929 scenario could take years since dedollarization takes years to develop. (it's not going to happen overnight.) Spring is finally here. Buy others like VeChain (the next xrp this cycle)
CRYPTOCAP:BTC.DShort
by axelrodd
2