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Bitcoindominance

Crypto Market Insights: Bitcoin.D and Bitcoin Price PredictionUnderstanding Bitcoin Dominance: Bitcoin dominance is crucial for understanding the broader crypto market, identifying potential growth projects, and making informed decisions to balance your crypto portfolio. BTC.D is approaching a significant resistance level of 57.42, which we expect to hit by October or November. Following this, a potential downtrend in BTC.D is anticipated. Bitcoin Key Levels and Market Reactions: Bitcoin has a strong support level at $53,400. If this support breaks, we might see BTC dominance around 57.42. Historically, when BTC dominance rises, Bitcoin's price tends to fall, and vice versa. The resistance zone at 57.42 has not been hit yet, but it is expected to by September. We foresee Bitcoin's price hovering between 52K and 48K, leading to a significant movement. A bullish market is likely to start after November, with increased volatility expected in Q4 2024. Bitcoin Bull Market Projections: Based on historical data and calculations, Bitcoin's bull run targets a minimum of $253,623. If Bitcoin flips this resistance by February 2025, we could see a maximum target of $275,780. Past bull runs in 2013, 2017, and 2021 saw unexpected price pumps, and similar volatility is expected this time. It's crucial to keep trades active while monitoring resistance zones, with a strategic exit from long positions by March or November 2025. As we anticipate these market movements, staying informed and prepared is key. By understanding and acting on these insights, you can navigate the crypto market more effectively. Remember, each bull market brings its own set of opportunities and challenges. For more in-depth analysis and to stay updated with our latest trading ideas, follow us on TradingView. Gain valuable insights and make informed trading decisions with our expert analysis.
CRYPTOCAP:BTC.DLong
by Houseofcryptokings
BTC.D looking to decrease -> Altcoin Run until the end of 2024- Yearly range provided a reversal point with a clean market strcuture shift to the uspide, which price bounced off from to the 50% of the range. In range trading we call this take profit nr 1. - Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range. With the expectation to drop into the fvg, altcoins should witness a push to the upside until the end of the year 2024. Afterwards we are expecting a rapid upmove of BTC.D to target 2 until the year of 2027, which would result in altcoins bleeding out. This idea gives us a great confluence with the TOTAL3 chart analysis, which we published before. You should have a look at this as well. (www.tradingview.com)
CRYPTOCAP:BTC.D
by SerenityEquity
Bitcoin Dominance at key levelBitcoing dominance at a critical level now. If BTC.D break upper line with weekly candle, BTC will pump more and BTC will make a new ATH in 2024. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CRYPTOCAP:BTC.D
by rukshan2102
1
Golden Cross Re-test - Brief / Strong AltseasonAlternative idea for Bitcoin Dominance. Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured) Often after golden crosses, before the real bull run there is a strong re-test. A re-test of the 100 and 200 weekly MA over the next month or so would target the exact same TP 2 as the rising wedge breakdown, around 49%. 49% also sits at the wick high of weekly support. I see the possibility of a sharp drop down to ~49%, and if that level holds, a sharp rise up. This could mean altseason is right around the corner, but could also mean it gets cut short around end of July or in the fall. For a a different outlook considering a longer altseason and a sharper drop in dominance, see this other related idea: For a short-term bearish then bullish outlook on Bitcoin Dominacne, see here:
CRYPTOCAP:BTC.D
by dudebruhwhoa
Bitcoin Dominance Technical AnalysisCurrently, Bitcoin Dominance (BTC.D) retesting the channel trend line after a breakdown from it and bounced back from the support zone (Green) at 53.69% - 54.39%. BTC.D was moving in an ascending channel from august 2022 till May 2024. Due to the upward movement of BTC.D after making support from green zone to ascending channel trend line the alt market is heavily bleeding. That is why we always say every time you take a trade use stop loss because this market is very volatile. If Bitcoin Dominance rejects from the channel and breaks down from the green zone we will see massive gains in the price of alt’s market and if it do inverse and did not break the zone in green moves upwards and breaks into the channel that will be a bad dream for the alt’s. According to our analysis, we could see BTC.D pull back from here and we will see it moving towards the next levels and massive pumps in alt coins price. Overall, we understand that BTC.D is currently in a bullish momentum. It is retesting the channel trend line and has rebounded upward from the support zone, indicating a bullish sign. However, if it breaks down from the support zone, it could shift to a bearish momentum.
CRYPTOCAP:BTC.D
by TheCryptoCity
$BTC dominance' s bearish retest#btc #bitcoin dominance has bounced after leaving the channel. Now, #btcd performing a bearish retest. If reclaims the channel BTC.d may rise. But, in my previous posts, i have said BTCD chart has an important bearish divergence (now as seen on the chart with red lines). Thus, if bearish retest succeeds, BTCD declines here and fails to enter channel, money will likely flow into #altcoins or #usdt . USDT is more likely, because #memecoins sucked the money already. Not financial advice.
CRYPTOCAP:BTC.DShort
by naphyse
3
XLM higher high. 1.10$Combining Artificial Intelligence (AI) with Stellar Lumens (XLM) can create synergistic advancements in the blockchain and financial technology sectors. Here’s a detailed overview of how AI and XLM can intersect and the potential future impacts: ### Enhancing Stellar Lumens with AI 1. **Fraud Detection and Security**: - **AI-Powered Monitoring**: AI can analyze transaction patterns on the Stellar network to detect unusual activities, potentially identifying and preventing fraud before it happens. - **Smart Contract Security**: AI can help in auditing smart contracts deployed on the Stellar network, identifying vulnerabilities, and ensuring robustness against attacks. 2. **Automated Trading and Investment**: - **Algorithmic Trading**: AI algorithms can be used for automated trading of XLM, optimizing trading strategies based on market data, sentiment analysis, and predictive modeling. - **Robo-Advisors**: AI-driven robo-advisors can provide investment advice and manage XLM portfolios for users, tailoring strategies based on individual risk profiles and market conditions. 3. **Optimizing Network Performance**: - **Load Balancing and Resource Allocation**: AI can dynamically adjust resource allocation and manage network load to ensure optimal performance and reduce transaction latency. - **Predictive Maintenance**: By predicting potential network issues, AI can help preemptively address problems, maintaining the reliability and efficiency of the Stellar network. ### AI Applications Utilizing Stellar Lumens 1. **Cross-Border Payments and Remittances**: - **Automated Exchange Rates**: AI can provide real-time exchange rate predictions and optimizations, ensuring users get the best rates for cross-border transactions using XLM. - **Personalized Payment Solutions**: AI can offer tailored payment solutions based on users’ transaction history and preferences, improving user experience. 2. **Financial Inclusion**: - **Credit Scoring**: AI can analyze non-traditional data to provide credit scores for underbanked populations, enabling them to access financial services through the Stellar network. - **Microloans and Insurance**: AI can facilitate the provision of microloans and microinsurance products by assessing risk and potential for repayment, thereby aiding financial inclusion. 3. **Data Analysis and Insights**: - **Market Analysis**: AI can analyze vast amounts of data from the Stellar network to provide insights into market trends, user behaviors, and transaction patterns. - **Regulatory Compliance**: AI can help in monitoring compliance with regulatory requirements, ensuring transactions on the Stellar network adhere to necessary legal standards. ### Future Potential and Developments 1. **Decentralized Finance (DeFi)**: - AI can enhance DeFi applications on Stellar by providing predictive analytics, optimizing yield farming strategies, and managing risks associated with decentralized lending and borrowing. 2. **AI-Driven DApps**: - Development of decentralized applications (DApps) on the Stellar network that leverage AI for various purposes, from financial services to supply chain management. 3. **Interoperability and Integration**: - AI can facilitate the interoperability of Stellar with other blockchains and financial systems, ensuring seamless integration and data exchange across platforms. 4. **User Experience and Adoption**: - AI-driven interfaces can improve the user experience of Stellar-based applications, making them more intuitive and accessible, thereby driving adoption. ### Conclusion The integration of AI with Stellar Lumens (XLM) holds significant promise for enhancing the functionality, security, and adoption of the Stellar network. By leveraging AI, Stellar can offer more efficient, secure, and user-friendly financial solutions, driving innovation in the blockchain and fintech spaces. The collaboration between AI and XLM can potentially revolutionize how financial transactions are conducted, making them more inclusive, accessible, and efficient.
Long
by TrojanBible
1
Bitcoin Dominance Surges:Is Now the Time to Buy or Sell ETH &BTCBitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market. Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your Bitcoin and altcoins. A lot of people have been speculating that it's altcoin season. However, I believe we need one more leg up in Bitcoin dominance as the ETH/BTC pair breaks down and liquidity flows from altcoins to Bitcoin. Bitcoin dominance ETH/BTC broke support To sum up, I believe that we could see the price of Bitcoin rallying within the upper and lower bounds of the accumulation, while Ethereum and altcoins decline. This could lead to a significant rise in Bitcoin dominance before monetary policy comes into play for the next cycle of deciding which altcoin to buy. Expect volatility in the coming months as altcoins decline against Bitcoin. "Thank you for your support. Please leave a comment and follow."
CRYPTOCAP:BTC.DShort
by ShinForex1
Ethereum's Drop: Is $2500 Still in Sight?I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC broke down the support. ETH/USD retraced towards the 20EMA before dropping about 30%, so we could have something similar play out. "Thank you for your support. Please leave a comment and follow."
BITSTAMP:ETHUSDShort
by ShinForex1
Bitcoin Dominance at a Key Level: Altseason Incoming?What is Bitcoin Dominance? Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined. How Does Bitcoin Dominance Affect Altcoins? Generally, there's an inverse relationship. When Bitcoin dominance rises, altcoin prices often stagnate or decline. This might be because investors are moving funds into Bitcoin, perceived as a safer haven during market uncertainty. Conversely, when Bitcoin dominance falls, altcoins often experience price increases. This could be due to investors seeking higher returns in the altcoin market or a perception that the broader crypto market is maturing beyond Bitcoin. The weekly chart shows Bitcoin dominance reaching a critical resistance level. Historically, in 2016 and 2020, dominance reversals at this trendline preceded significant Altseasons (periods of strong performance for alternative cryptocurrencies). While past performance doesn't guarantee future results, there's a possibility that a similar scenario could unfold this time around. Here's what to consider: Confirmation of Rejection: A clear rejection with a bearish candle formation at the resistance level would strengthen the possibility of an Altseason. What do you think about this? Share your views in the comment section. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
1
WHEN to BUY CRONOS - Using BTC.D 🔁BITTREX:CROUSDT As seen from the CROUSDT chart, the Bitcoin Dominance Chart reveals many secrets when overlayed onto your altcoin chart. They key reason for this being the constant rotation of money in and out of Bitcoin, and into and out of altcoins. If you're looking for a more detailed explanation on when to buy altcoins, check out yesterday's update here: From the chart we can clearly see that Cronos has bottomed out, but is struggling to regain bullish momentum. As we overlay the BTC.D chart (yellow) we can see there is a negative correlation between the two - When BTC.D drops, CRO increases. And when BTC.D increases, CRO drops. This will hold true not only for CRO , but for other smaller market cap altcoins as well. This concludes that NOW is an excellent zone to buy Cronos, as the price is yet again in accumulation zone. An increase can be expected as soon as we see a dip in Bitcoin Dominance. ______________________ CRYPTOCAP:BTC.D
Long
by CryptoCheck-
1
The Crypto Carousel: BTC, ALTS, and the Money Merry-Go-Round✅ Bitcoin Dominance, BTC, Altcoins ✅ Today we're diving into the fascinating world of money rotation within the cryptocurrency subclasses. We're talking about the rotation of cash between Bitcoin and altcoins, its younger, more diverse siblings. Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart. - If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size. - If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth. Total Market Cap ( CRYPTOCAP:TOTAL ) and BTC.D Now, imagine a big shiny carousel. Bitcoin is the majestic stallion at the center, while altcoins are the colorful horses surrounding it. Riders (investors) hop on and off, injecting money into the ride (buying) and taking it out (selling). This constant movement is what keeps the crypto carousel spinning. Let's break it down with visuals: Chart 1: The Bitcoin Rollercoaster This rollercoaster represents Bitcoin's price action, and also my view on where we are in the current cycle. (I believe we're in a multimonth correction, followed by the last impulse wave up). You'll need this to know where we are in the cycle right now / LOWER-STABLE: Chart 2: Bitcoin & Bitcoin Dominance Dance This chart shows Bitcoin's dominance, which is basically its share of the total crypto market capitalization (market cap = total value of all cryptocurrencies). When Bitcoin's dominance goes up (higher on the chart), it means investors are putting more money into Bitcoin, potentially at the expense of altcoins. Conversely, when dominance goes down, it suggests capital is flowing towards altcoins. The difference is clear: Chart 3: BTC.D vs TOTAL3 In this chart, we overlay the Total 3 Priceline (turquoise) on top of the Bitcoin Dominance chart. TOTAL3 shows us all alts except ETH. The Bitcoin Rollercoaster and the S&P 500: Imagine Bitcoin's price as a rollercoaster. When Bitcoin surges (line goes up), it can sometimes lead to increased investor risk appetite. This might entice some investors to move funds from the S&P 500 into riskier assets like Bitcoin, potentially causing a slight dip in the S&P 500. Conversely, when Bitcoin experiences a price drop, investors might flock back to the perceived stability of the stock market, potentially causing a rise in the S&P 500. So, is there a guaranteed correlation? Not quite. The crypto market is a complex beast. But by understanding the relationship between Bitcoin, altcoin prices and dominance, you can get a better sense of where the money merry-go-round might be headed. Remember, this isn't financial advice! Do your own research before making any crypto investments. But hey, with this knowledge under your belt, you're one step closer to navigating the world of crypto rotations! _______________________
COINBASE:BTCUSD
by CryptoCheck-
Why will Bitcoin drop towards 52000 levelStructure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume. It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut. if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000 "Thank you for reading my crypto analysis. Please follow me for more updates and insights on cryptocurrencies."
BITSTAMP:BTCUSDShort
by ShinForex1
4
Bitcoin Dominance (BTC.D) Approaching 2024 Altcoin SeasonLooking at the 1W time frame of the Bitcoin Dominance (BTC.D) chart, it looks like it's time for the market to transition from being primarily Bitcoin-dominated to altcoin-dominated. We've seen the writing on the wall with Bitcoin making headline after headline regarding United States Spot ETFs or the halving event. Now that the majority of investors are sucked into Bitcoin, timeline shifts into altcoins. We can see that through the news now with the attention picking up on Ethereum (not discrediting Solana growth by any means, it's still small enough in market cap where it doesn't marginally change the TOTAL2 cap or this chart). Ethereum has the impending United States Spot ETFs approval as well as regulatory clarity coming around Uniswap, and from that I'd assume we'd get some sort or clarity regarding memecoins as well, sending that respective market flying with a green light for institutional investors to invest. Bitcoin is trying to grab attention or hold it's relativity now with Ordinals and L2s, and that's great! Let's say though you buy PUPS, that's considered part of TOTAL2 or bringing down the capitalization of Bitcoin relative to the rest of the crypto market. I'm expecting this trend to continue where Bitcoin holders are using their coins on-chain for these activities, ultimately dragging the BTC.D cap down with it. This time around, I don't see the possibility of Bitcoin reaching the previous 72.04% level due to the sheer amount of tokens and liquidity flying around these smid caps. Each Bitcoin Dominance cycle or Bitcoin cycle for that matter, the altcoin seasons get less and less intense due to the amount of relativity they have compared to Bitcoin at all seasons instead of just during altcoin season. Around this 55% range is mid-range of this free-fall seen in 2021, and where orders are resting. We could see Bitcoin Dominance either range in this area or start free-falling, either way I don't see a market where we re-claim that 72.04% or push much higher for that matter. Also, hearing a lot of talk about this cycle being over, cannot tell if they're joking or not, but we haven't seen that altcoin season euphoria yet. That is yet to come. An interesting observation here we can see the 2021 altcoin season took 1085 days to build up from the bottom to the top of Bitcoin dominance, and this 2024 season is right on par with that 1085 days before the cycle ultimately starts. This Bitcoin cycle is a little bit different, so we'll see how this chart plays out this time around, but I remember last cycle, 2021, I called the 72.04% Bitcoin Dominance wick to the Tee. Could be longer, who knows, but so far this chart is playing out and figured I'd give an update. The 2021 altcoins season lasted almost that full year of 2021, but as we can see on the chart, the major move happened between January - May 2021, those 5 months. If history were to repeat itself, we should see this cycle's main move play out in 5 months too.
CRYPTOCAP:BTC.D
by kyer
1
BITCOIN dominancehello dear trader and investors there are two senario for biton dominancee 1/ if dominance hit the top of uptrend channel (58 -59.8 ) sell zone 2 willbe activated and altseason actice from here 2/ if dominance breakdown uptrend channel on 54 To invest, make sure you have a portfolio and make buy your altcoin step by stepThe post 85% of Altcoins Are in Historic Buy Zone: Santiment Report appeared first on Coinpedia Fintech News If we take a general look at the sentiments of the crypto community, we realize that altcoins are often seen shadowing the dramatic volatility of their big brother, Bitcoin. However, an on-chain analytics firm, Santiment, has given us a fresh look at altcoins. Santiment’s report suggests that a pivotal shift may be on the horizon for these alternative digital assets. According to their data, most altcoins are positioned in a historic “opportunity zone.” Santiment’s Report on the MVRV Ratio According to our model, the mid-term gains and losses by average wallets indicate heavy realized losses across most #altcoins. Over 85% of assets we track are in a historic opportunity zone when calculating the market value to realized value (MVRV) of wallets' collective… pic.twitter.com/NogkCSH5PG — Santiment (@santimentfeed) April 25, 2024 The Market Value to Realized Value (MVRV) ratio is a renowned metric utilized by cryptocurrency analysts to gauge the market condition of digital assets. This indicator compares the market cap, which reflects the current market valuation of an asset’s circulating supply, with the realized cap which represents the aggregate cost basis of the asset investors hold. “Santiment’s MVRV ratio model shows that over 85% of altcoins are currently in an opportunity zone based on their collective returns over 1-month, 3-month, and 6-month cycles,” notes the firm. This unique zone, delineated by the MVRV metric, highlights periods where the potential for price increases is enhanced, ostensibly due to the prevailing market undervaluation relative to historical data. Indications for Investors The analysis indicates that the bulk of altcoins are not just surviving but potentially thriving, setting the stage for what many in the crypto community would call an ‘altseason’. This period is characterized by a surge in altcoin prices, often outpacing Bitcoin and disrupting traditional market correlations. “It may be justified to buy while there is growing fear seeping in from the crowd after all of these market cap dips,” suggests Santiment. This sentiment is backed by their MVRV data, which hints at a robust comeback as investors begin recognizing the undervalued state of many assets. Strategic Investment Approaches For investors looking to capitalize on these insights, Santiment provides detailed analytics through their Sanbase PRO platform, which is accessible via a special trial offer. Moreover, enthusiasts and analysts can dive deeper into this data through tools and models provided by Santiment, such as their Sansheets plugin and API services. As the digital asset landscape matures, tools like the MVRV ratio offer valuable insights that help navigate its volatility. With over 85% of altcoins currently in the opportunity zone, the market seems ripe for a potential uptrend, beckoning both seasoned traders and curious investors. In summary, leveraging advanced analytical tools to understand market sentiments and asset valuations could not only demystify the complexities of crypto investments but also highlight timely opportunities for market entry. good luck
CRYPTOCAP:BTC.D
by mehdi_kb
1
Bitcoin dominance teasing a break above the purple channel.The fomo of people wanting to start piling into bitcoin is intensifying and we can see that here in the bitcoin dominance chart as price action is starting to poke its head above this purple channel we’ve been consolidating in for some time. For it to truly break out. Of this channel it’s gonna need to flip the tan trendline just above it to solid up port though. A rejection from that tan trendline could send bitcoin back inside the purple channel. Should it flip the tan trendline to support, you can see the dotted purple line that will lead us to the full measured move target. We can also see a dotted green measured move line from a different chart pattern to the left of that also having a price target that is close to the same range, which bolsters the probability of the purple target being reached with some nice bullish confluence. No confirmation of the breakout just yet but If we can get a full candle closing above the channel in its entirety that will likely be a bi sign that its ready to trigger. First things first is just getting part of a 1day candle body to close above the top trendline of the purple channel. SHould this confirm its breakout then we are likely to see bitcoin pump on its own while most of the alts only go sideways or have very little increase in price until bitcoin dominance has reached its full target. *not financial advice*
CRYPTOCAP:BTC.D
by DrDovetail