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Bitcoindominance

₿ Comparing #BITCOIN & #Tether's Dominance ₿Well, as we can see, the tether's dominance is increasing, which according to previous analyzes, we know that when such an event occurs, it will cause the fall of bitcoins and altcoins , as in the past few days their prices have fallen. i still expecting Tether's dominance to increase again, and if that happens we can expect Bitcoin to fall to $ 37,300 (the first condition being the loss of support at $ 42,670 and $ 40,000). CRYPTOCAP:USDT.D ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 11.Sep.2021 ⚠️(DYOR)
CRYPTOCAP:USDT.DLong
by ArmanShabanTrading
6
#BTC Dominance 100% Perfect Prediction! What's next?Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get straight to the chart. BTC dominance started falling from the 48.6 level (the circle) we called the alt season at that time. Many altcoins already went 4x to even 10x. The question here is, is it over already? I will keep this simple for you... If we hold this 41.8k level by this weekly close we can expect some bounce which will give us some opportunities to buy Altcoins at cheap prices. Any close below the red line leads to alt season Lower support is at 39.03 and 36.33 levels. I am. holding my altcoins on spot for now. What's your thought on this? Do you think this correction is over? Do you think ALTCOINS could easily pump from here? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE

CRYPTOCAP:BTC.D
by Cryptorphic
7
Altcoin Season About to Explode!?Bitcoins dominance is really showing struggle with its continued fall and i think we could be looking at a bigger push down coming soon, we have held up on the 40.5% level but we wicked down to another support level at 40% the previous altseason in 2018 saw a BTC fall to just below 35% for the peak of the alt cycle and i personally believe we could see a bigger altseason for many reasons but to name a few, huge institutional investing, much more exposure to altcoins, and millions and millions of new crypto investors. Looking at the bollinger bands as talked about in my last TA we in and out of grabbing onto that bottom band and once we do i think we are bound to break these 2 support levels, the market may fall initially but it will get less and less for altcoins as the dominance goes lower and afterwards we can expect altcoins to start flying. The RSI remains in a confirmed downtrend and is back into the "oversold" area, but i don't see us getting up above the midline anytime soon we are quite a ways away and i think altseason is growing, The Stoch RSI is actually on a move upwards but we are seeing the blue ma loosing steam and starting to come back towards the orange in what looks like a soon to be bearish cross! Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
BTC Dominance (Another Mini Altseason?)💎Technical Analysis Summary💎 BTC.Dominance -The BTC Dominance chart level has reached my previous target -The Dominance 41 level is the support last June 7 before a run-up -The price is reacting to this area but not enough data to back up for a reversal -If the BTC Dominance level holds this area for a few days -Then expect a potential bounce up to 42-43 levels -And on the other side, a fail below this support will lead to testing the 40 level -Definitely, I want to see BTC Dominance drop to a lower low -Because the Altcoins will perform stronger in the coming days or weeks -But still, be cautious and only trade those coins have strong momentums -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
CRYPTOCAP:BTC.D
by PolarHusk
37
BTC Dominance About To Fall!!?Bitcoins dominance level has fallen below key support at 43.32% and we are now looking for a drop to the 41% level! This would be very positive for the whole market especially the altcoins, there could be a initial drop from dominance crashing but afterwards we will see the market start to breakout! First off on the MACD we are seeing a bearish cross with the start of a little separation, whats key here is that we see the MA's start to take off from one another and spread out lessening the chance of a near bullish cross. Like we are seeing currently we want to keep seeing rising red bars on the histogram with each one getting bigger and bigger, this shows bearish momentum and in this case its very positive for the altcoins! Now the Bollinger bands, even though we have been on a bit of a fall already we are just now starting to touch the bottom band, and usually the case if this continues is a waterslide affect bringing price action down on a slope, if this occurs this is where i think actual BTC price action will react, if theres a big drop rapidly we can likely expect BTC's price to initially fall with it. Now the EMA ribbons, which is a great longer term indicator, we notice lots of downwards pressure on BTC's dominance, we we're starting to squeeze a little bit recently but now we are beginning to see the ribbons spread out bearishly, the more the ribbons spread out and push down the further we are from an overall trend reversal, we will likely see these ribbons fully spread out in the coming weeks/month and that is when altseason will be in full effect! Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
Bitcoin Dominance Chart is KEY 🗝️What is the Bitcoin dominance index? Binance BTCDOM Index is a cryptocurrency price index reflecting the market dominance performance of Bitcoin. The BTCDOM Index is a metric that traders can use to quickly get a sense of Bitcoin's value relative to that of the broader cryptocurrency market. What does low Bitcoin dominance mean? Indeed, if the dominance of BTC decreases, it means either : A relatively larger inflow of new capital into altcoins than into BTC. Or it represents a transfer of capital between BTC and altcoins, with participants taking their profits from BTC and injecting them into the altcoin market. How is Bitcoin dominance calculated? If we look at the summative market capitalizations of all the existing cryptocurrencies, then we can arrive at a total market cap valuation for the entire cryptocurrency space. Therefore, the Bitcoin dominance is described as the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets. How does Bitcoin dominance work? Bitcoin Dominance is a measure of how much of the total market cap of crypto is comprised of Bitcoin. ... When BTC Dominance increases, alts, on the whole, lose value against BTC. When BTC Dominance decreases, alts on the whole, gain value against BTC.
CRYPTOCAP:BTC.D
by FX_Professor
2
#BTC Dominance bouncing? ALTCOIN Opportunities ahead?Welcome to this quick Sunday Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get to the chart. The BTC.D Chart that I posted earlier followed the speculated path perfectly. The chart shows the possibility of some bounce in this index which will eventually lead to corrections in altcoins. These corrections won't last and should be considered as an opportunity to accumulate at lower levels. So far we have traded many altcoins like:- VET: 37% Profit TOMO: 11% COS: 70% REEF::41% DGB: 29% LRC: 45% BEAM: 24% IOST: 28% OXT: 34%+ XRP: 19% and many more... All these Altcoins were posted and have shown massive profits lately without leverage. I will be posting more setups this week. So follow me and do hit that like button if you like me to post more Spot and Futures Setup. Do share this chart with others. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
6
BTC.D Analysis ( Bearish Symmetrical Triangle via Eliot Waves)According to chart which illustrates the bearish trend on BTC.D chart, as we see, our graph candles has created the Symmetrical Triangle pattern then the graph has been dropped to 41.77 since the graphs was broken down to our up trend support line. In addition, Eliot waves show us we are inside 5th wave of Eliot waves, also proof the bearish trend on BTC.D chart, the graph will be going down until the graph reach to 42 caused calculating Fibonacci Retracement and Fibonacci Extension As the result, BTC.D bearish chart could let the ALT Coins to taking breath and we will watch the huge ALT session.
CRYPTOCAP:BTC.D
by Alek4
BTC DominantI am expecting a market correction for bitcoin soon which actually in tact with bitcoin dominance. Right now bitcoin dominance is about to have a golden cross in the 1 hour time frame and entering a gaussian channel in the 4 hour time frame from it’s golden pocket. So I am expecting the drop of bitcoin will bring down most of the altcoins with it. Bitcoin dominance is projected to reach 46% level next week and probably continue more drop after that, which will bring altcoin to rally even more.
CRYPTOCAP:BTC.D
by ayusdipu
BITCOIN DOMINANCE STRENGTH EXPECTED TOWARDS Q4 2021 (MUST READ)Bitcoin dominance may be on the brink of a massive influx of strength. If I am correct, it looks like whales are in the early phases of moving their altcoin profits back into Bitcoin. Assuming this is true, we will start seeing a flight of capital move away from altcoins like Ethereum, Cardano, & Ripple to take profits by moving back into Bitcoin. We may be in the early macro stage of a reversal in BTC.D trend to see strength into Q3 & Q4. If this is true, depending on your tax situation, the best method of navigating this portion of the market cycle will mean hedging altcoins profits back into BTC. It will ensure that less capital is lost with any market correction, assuming Bitcoin sees less % downside than other coins. The key to this is to re-enter altcoins after the cycle begins to tip the other way. To expand on this further, I believe Ethereum will form a new all-time high before the end of this year. However, this does not mean it will happen soon. I think that Ethereum will have a second impulse to form a higher high (new ATH) while BTC lags behind it. If I sell any Ethereum to Bitcoin, I would be dammed to not get back into Ethereum after the next pullback. We will cautiously shift away from dominant long trades on margin and incorporate more shorts to hedge long-term spot positions when it comes to day trading. Lastly, expect strict regulation in the cryptocurrency market coming into 2022—snipers Out. #BITCOIN #ETHEREUM
CRYPTOCAP:BTC.DLong
by TradersProfitClub
4
HBAR / BTC - BTC.D in Rising Wedge, Alts in Falling WedgeAt the moment, it looks like Bitcoin wants to rise against alts, and it may do so in the short term, but mid to long-term a rising wedge coming out of a downtrend is a bearish continuation pattern for bitcoin dominance, while a falling wedge coming out of a downtrend is a reversal pattern. Hence, I think there's a good chance alts like HBAR and others are going to see some pretty nice gains against bitcoin. Preface this with the fact that patterns like this aren't always successful, especially in crypto, but they are "reliable" most of the time. Keep an eye on both and let's see if it does what it is supposed to do. Related ideas linked below
Long
by dudebruhwhoa
3
August 2021 Update: Ser When Next Alt Season?In my previous idea, I had a bias towards BTC.D going up but was willing to change my opinion if one of these two happens between: 1. ETH and major DeFi show reversal patterns on the 12h charts AND 2. BTC continues to be neutral to bullish . Well as luck would have it, both 1 and 2 happened so I have been scaling into alts slowly over the last few weeks. This is a breakdown of a triangle so I expect trend to continue. Alts INCLUDING ETH trade at Bitcoin's mercy so alts will only outperform BTC if BTC remains on a slow uptrend/sideways. A good sign of strength over the last two weeks is that alt/btc pairs have looked strong despite the BTC move to the upside. I expect alt season to end when BTC starts making new all time highs. Will scale out of alts when that occurs.
CRYPTOCAP:BTC.DShort
by brotoshee