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Btc-dominance

Btc1! Daily CME GAP Analysis Update🟢#BTC Update Price currently in consolidation phase with frequent liquidity grabs and stop hunts. We also had BTC filling a CME gap earlier which is a good sign for expecting a move upwards, we have also successfully reed D1 200 EMA which is a good sign as well since a re is very important for market to gain back momentum. Weekly closure will clear out things further and we can possibly expect a move sooner, where breaking through and holding above our first resistance at $47300 approximately will be a bullish sign. Analyzed by Hossein 📅 04.04.2022 ⚠️ (DYOR)
CME:BTC1!Long
by Trader_Needs
BTC.D/TOTAL Painting A Clear PictureThis has arguably been the most consistent correlation (BTC.D/TOTAL) when it comes to understanding where the price is going for both BTC/Market Cap and I've yet to see anyone else mention it. The magic 40% on the BTC.D chart is where we are focused. That bottom support has systematically proven to be an indicator of the downside ahead. It is currently 5 for 5 on accuracy. Usually, when the market is strong, BTC gets the main flow of money into it as both Smart and Dumb money ride the wave up. Then once Smart Money hits their target, they begin to take those profits from BTC and flow it into Alt's. Well, since BTC has bounced off support at roughly $32,000 - we have seen the exact opposite. Im seeing a lot of "Explosive Alt season", but my question is, at what cost does this come? Now the question currently is if it actually makes it that low again for the 6th time. Here I have labeled the exact events that transpired at specific points. This is a Macro view of where BTC and Market Cap currently are and coincidentally they are both in arguably the most important channels in this cycle and the last cycle that topped in 2018; Bitcoin: Total Market Cap: Hope this helps!
CRYPTOCAP:BTC.D
by NoOneWhoIsSomeone
9
BTC REACHING FOR THE STARS 💫✨Greetings, As we said last week, bitcoin would track sideways and then move up finding its new range. Which is exactly what has happened. BTC found its new range between $44,000 & $49,000. Right now Bitcoin is on a complete roll and looks like it can higher in the short term. When BTC becomes parabolic, there is really nothing that can stop it (there is always something that can stop it though lol). The fact that we broke a 3 month resistance (45/46k) is an excellent sign for cryptocurrencies in general and we should see a rise in all prices across the market (which we have already). I've left my blue line which I drew in a few weeks ago showing what I thought would happen with price action. Altcoins are also moving in conjunction with BTC. I'm watching BTC.D very closely as to when to trade in Bitcoin and when to trade in altcoins. Remember, nothing is guaranteed, control the controllables. Mogues
Long
by mogues
Crypto Overview - 6 in 1!Hello TradingView Family, this is Richard, as known as theSignalyst. Today, I am sharing my thoughts about the overall crypto market. 1) TOTAL - Crypto Total Market Cap 2) BTC - Bitcoin 3) ETH - Ethereum 4) USDT.D - Market Cap USDT Dominance 5) BTC.D - Market Cap BTC Dominance 6) OTHERS.D - Market Cap Altcoins / OTHERS Dominance My Comments: 1) As you noticed, TOTAL, BTC, and ETH share almost the same chart/price action. We are overall bullish trading inside the brown channel, and now approaching the lower brown trendline acting as non-horizontal support. We are currently stuck inside a range in the shape of a symmetrical triangle. For the bulls to take over, we need a break above the last major high (projection in green) Meanwhile, the bears can still kick in, reject the upper trendline, to form another swing low before breaking the last high. (projection in red) 2) Regarding USDT.D it is usually negatively correlated with the overall crypto market. For the bull run to start, we need USDT.D to break the symmetrical triangle and the 3.75% downward. (projection in purple) Meanwhile, we can still see one more correction. (projection in blue) 3) Regarding BTC.D and OTHERS.D, these two are usually negatively correlated. For the Altcoin season to start, we need BTC.D to break below the gray area/support, and OTHERS.D to break above the last high in gray. ------------------------------------------- If you reached so far, I want to thank you for your time and hope you find this post useful. If you like this idea let me know in the comment section below to share Part 2 next week. Always follow your trading plan regarding entry, risk management, and trade management. Which scenario do you think is more likely to happen? and Why? Good luck! All Strategies Are Good; If Managed Properly! ~Rich
CRYPTOCAP:TOTAL
by TheSignalyst
22
CRYPTO LOVES THE NASDAQ 🧑🏼‍🏫💸Greetings, Today, we're focusing on the correlation between the NASDAQ:NDX & the cryptocurrency markets in particular BTC & ETH . Although I predominantly invest and trade cryptocurrencies, we also use other markets & indices to do analysis. BTC and ETH tend to move in tandem with the NASDAQ. Although we like to look at long term trends, we're looking at a short term gap to be "explored", while NASDAQ has squeezed, both the cryptos have been stuck inside the "dynamic formation" and the catch up moves tend to be violent... Have a look at my chart posted, NASDAQ (pink), BTC (Orange), ETH (Blue), the correlation between prices and moves is incredible and nothing short of a coincidence. Which is why I believe CRYPTO LOVES THE NASDAQ. Below are a number of other tools I use when doing a comparison. What Is the CBOE Volatility Index (VIX)? The CBOE:VIX is a real-time index that represents the market’s expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). Often considered the FEAR INDEX because it is derived from the prices of SPX index options with near-term expiration dates, it generates a 30-day forward projection of volatility. Volatility, or how fast prices change, is often seen as a way to gauge market sentiment, and in particular the degree of fear among market participants. VIX CHART What is USDT.D? USDT (tether) is a stable coin, a type of cryptocurrency which aims to keep cryptocurrency valuations stable. USDT.D is a metric that traders can use to quickly get a sense of Tethers value relative to that of the broader digital currency market. This index, offered by CoinMarketCap, measures USDT market capitalization (market cap) compared to the overall market for these digital assets. USDT.D Chart Goldman Sacks forecasting 50bp hikes at next FED meeting in May The level of the funds rate would still be low at 0.75-1%, and if The FED is open to moving in larger steps, then we think it would see a second 50bp hike in June as appropriate under GS forecasted inflation path. After the two 50bp moves, it's expected that 25bp rate hikes at the four remaining meetings in the back half of 2022. We are constantly self analysing our charts, investments and trade strategies and continue to control emotional buys, as they are often bad ones. Remember, nothing is guaranteed, control the controllables. Mogues
NASDAQ:NDXLong
by mogues
1
🌘🌘 ALT SEASON - BTC.D Looks weak! 🌘🌘Greetings, BTC.D aka Bitcoin Dominance chart looking to drop lower levels. Bitcoin dominance is the difference in percentage between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market. The chart I have posted are long term support/resistance points (drawn in years ago). We have seen BTC.D fall under 43% - while bitcoin continues to track sideways and up into its next price range we are going to see some $$ flow into altcoins. This could be a great opportunity 🌘 Remember, nothing is guaranteed, control the controllables. Mogues
CRYPTOCAP:BTC.DShort
by mogues
58
Ready for Small Altcoins Sessions ? Dominance Update#Bitcoin Dominance TA Update:- #BTC dominance currently trading at 43.44% This is Critical level. Resistance level = 45% If Dominance break 45% level then best strategy will be exit from Altcoins. Because we can see Altcoins REKT. But IMO now we can see small Altcoins sessions from here. If 42.50% break down then Ready for small Altcoins sessions. Keep an eye on below levels:- Above 45% = Altcoins REKT Below 45% = Small Altcoins Sessions Support:- 39% Resistance:- 45%
CRYPTOCAP:BTC.DShort
by CryptoPatel
2
Bitcoin Daily Analysis Update🟢🟢#BTC on daily TF looks messy as it more looks like the price is ranging more. Currently, the price faces strong physiological resistance at 40,000$ and holds the 39,000$ area as support. If the daily candle closes above 40000$ then Expect a strong breakout this weekend. It is so important to keep 36800$ Support By next week we can see some clear direction in it. Use proper stop in all your trades. ⚠ This Analysis will be updated. ✍ Analyzed by AmirHossein. 📆0.3.12.2022
COINBASE:BTCUSD
by Trader_Needs
👨🏼‍💻WHERE IS BITCOIN GOING?👨🏼‍💻Altcoins possibly up 🎢🎢🎢Greetings fellow humans Today we're looking at the market structure and price action of BITCOIN. I am seeing some sideways action from BTC over the coming days, you can see we are a little bit overbought on the RSI (1HR) I used a red circle to show this. . I am seeing bearish indicators on the longer time frames. We are currently seeing btc work between the ranges of; $37,000 $42,000 (expect that it could go to at least ($44,000) Typically when we see btc reach the 41.5k it pushes onto 45k. However I personally don’t think that will happen in this instance. I believe we will see btc have a sharp pullback over the next 12-72 hours to the 37k area. The US government has accidentally leaked its plans a day before it was set to make an official announcement. For the first time in US history, President Joe Biden was going to release an executive order on cryptocurrency and how it will be regulated in the US on March 9 local time (later tonight on Australian time).We’ve seen an increase of btc.d (dominance) over the last few hours. As that starts to find some support we will see a little bit of an increase in money flow into the altcoins. Remember, nothing is guaranteed, control the controllables. Mogues
by mogues
2