Btc-dominance
The trend line that has made us all miserable😒😣😠
During this period, every time bitcoin started to move up and usdt dominance started to fall, after a while, it collided with this trend line and could not fall further.
But now this indicator has reached a critical point that can break its trend line downwards and start the upward movement of altcoins and bitcoin.
There are 3 scenarios for breaking this downward trend line.
first . Starting to fall from the same level and breaking the trend line, as well as ichimoku, which has become very thin and after a while can break the level of 4.25% downwards.
The second scenario is a move of 4.92% and then the start of the decline and then the break of the trend line, in which the bitcoin will again fall below the level of $ 34,000.
As for the third and most pessimistic scenario, the move to the top of this index, which has not been broken yet, and then the beginning of the decline, which can also mark the last downward movement of Bitcoin. Because if the usdt dominance bitcoin wants to move to its ceiling, it will no longer be able to climb further.
2017 repeat? To the moon soo2017 repeat? A few events coming up, Europe and NATO shot SWIFT in the foot making them lose thousands of transactions in Business while Binance and Coinbase are hestitant to ban Russian citizens that don't even support what Putin is doing in Ukraine. SEC/Ripple lawsuit seems to favor a win for Ripple, coming hearing in April. Doge-1 Mission to the moon has been scheduled for April 1st of this year. Dollar Index and Nasdaq look almost identical to March 1998 and still missing a parabolic phase. Bitcoin looks bottomed out and has printed a disbelief stage pattern. It seems like it's coming alright. Don't mind the btc.d fakeout. Markets are going to explode probably triggered by more money printing and a hyperinflationary event for 2023 followed by a recession followed by a gold surge and quite likely a dollar collapse triggered by next US election results, a trump win? Too soon to tell, be on the lookout and ready to adapt.
Will bitcoin dominate 2022!?Guys, before i start this analysis I believe BTC.D is a LONG in the short term till it hits about 45% as that is the resistance of the downtrend channel that is visible. I'm guessing it will happen in about a month. Anyways, this chart shows that a bearish divergance is getting created on the weekly timeframe. Right now it kinda got created but its very small and not visible yet. Once BTC.D reached 45%, the bearish divergance will be huge and visible and that will cause it to dip and A BIG ALTSEASON IS WILL BE TRIGGERED TO START!!! Look at my ADA/USDT and ADA/BTC analysis to see why I am accumilating ADA for the altseason and DYOR. I am not giving financial advise this is just my ideas of ADA being ready to prove all the haters wrong of it having become "trash". DYOR DYOR DYOR!
BITCOIN Emergency Analysis (Update)🟢 Bitcoin broke the support of 41,300$ and EMA 200 started to dump from there. BTC was also unable to hold the 39,400$ support area. BTC needs to reclaim the 39,400$ and hold above it. The next support area is 38,200$ and the major support is 36,300$ area. We may see high volatility in the market during the weekend.
⚠ This analysis will be updated.
✍ Analyzed by Amirhossein
📆03.05.2022
⚠ DYOR
Is Altcoin Season Coming? Bitcoin Market Cap DominanceToday I was asked the question, "is altcoin season coming?" To answer that question quantitatively we can look at tools such as the Bitcoin Market Cap Dominance chart and the Altcoin Season Index. Why is it that Bitcoin has gone down LESS than altcoins over the last few months? At the end of the video I also talk about ways to hedge your positions using Bitcoin cross pairs like ETHBTC, LTCBTC, XMRBTC, XRPBTC, SOLBTC, etc.
#BTC Dominance. ALTSEASON will trigger at this level...
Welcome to this extensive analysis of Bitcoin Dominance.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance is currently holding the 42.4 level. As long as it holds this level it's highly likely we will see some rally in BTC while it reaches the 45.22% level. This will trigger the rally in BTC too, possibly till $46k only if it maintains $38k support.
CONCLUSION:- BTC.D is likely to rise to 45.22% and get a rejection at that point which will eventually trigger the rallies in altcoins against BTC pair.
Invalidation:- Daily close below 40.27
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
Bitcoin 4H Analysis ( Update) 3.2.2022🟢 Bitcoin is testing the resistance of the 44,350$ -46,000$ area. This is the major resistance zone and if BTC gives a break above this area, we will see a move towards the 50,000$ area. The crypto market observed the war news and trying to move up. A rejection from the area will send BTC back towards the support of 41,300$ and $40,000 area. Keep an eye on the resistance level.
⚠ This Analysis will be updated.
✍ Analyzed by AmirHossein
📆 0.3.02.2022
🌈🌈 DID YOU FOLLOW MY IDEA 🌈🌈 ALTCOINS TO BOOM? Greeting fellow humans.
If you read my idea last night, you were in luck. With the continous testing of the that resistance point ($39k), exssessive volume spikes and a number indications of a GREEN short term future. BTC CME Futures looks to be going into bullish territory for the first time in history as well as the hash rate being close to all time highs which may create positive hysteria leading to a new target zone. We can see on the BTC chart (4H) also has confidently moved above the EMA50 today, wh. With a 10-15% gain in the last 24 hours, we will expect a pullback to new support.
New Resistance: $45k
Support: $39,910
*remembering old hat which previously acted as support will eventually become resistant. ;)
Expect bitcoin to track sideways after yesterdays pump. However always keep an eye on key levels & indicators & Key world events. WW3 will effect the markets & Cryptocurrency is yet to live through a war, WHAT CAN HAPPEN?
I've drawn in what will happen whilst bitcoin is tracking sideways.
Think before you act, respect the charts.
BTC.D 4hr Quick UpdateBTC.D 4hr Quick Update by sharmaji14u
Hello Freinds ....
We see in this chart BTC.D Trending in chennel & Bounce Back From Lower Support
So this time AltsCoins Bleed
If Rejection from resistence & Breackdown so we see Big PUMP rally
in AltsCoins.
I hope guys you understand.
!! Thank You !!
~~ Enjoy Sunday ~~
BITCOIN DOMINANCE IS LIKELY TO BOUNCE!!!Welcome to this new update on BTC dominance in 2 days timeframe.
On 17th Jan 2022, BTC dominance bounced back from the lower trendline and so far it is halfway through to reaching the upper trendline. If BTC.D manages to hold the 21 MA support then we can expect a bounce from here and 45% could be possible. A breakdown will drop the dominance back to 39%.
The weekly close is just a few hours ago so let us be careful.
BTC/USD - WHERE ARE WE GOING? Welcome fellow humans.
Cryptocurrency & BTC are in an interesting state, all markets are currently in limbo with WW3 on the brink. I like to invest at times when people are fearful, and sell when people are greedy, however this is easier said than done.
Bitcoin is currently showing some signs of strength for the short term, we've had some significant bounces off important moving averages across the shorter time frames (1hr/4hr). However these indicators are not enough to have an overall bullish sentiment over longer time frames. If btc continues to test the resistance point we should see an increase in price action very soon.
KEY RESISTANCE POINT - $39,910
SUPPORT - $34,150
Another factor is the current levels of USDT.D - this is currently finding some resistance, with numerous other indications its about to become bearish. (Traditionally when this happens, BTC & Altcoins). If you're not familiar with this chart, there are multiple youtube explanations to assist.
I'll continue to assess multiple number of charts (TOTAL, BTC.D, USDT.T ect ect) before enterting any long trades whether it be on BTC or any Altcoin.
This is my first idea posted on TradingView, I hope it helped. Feel free to comment below with any feedback, like, follow.
Think before you act and trade safe 😊
BTC dominance is going to reveal its direction in next weeksThere is only one question - is there time for real alt season like we saw durinf december 2017? Well if we get rejection here and dominance falls down below 37-35 region, then yes it is possible. If we check chart of most altcoins - the new ones are down like 90%+ from their all time highs and most of them also look like the bottom is near.... BTC pairs are on the bottom on the higher timeframes. All of it together is giving me a clue that we can see alt season again very soon... Ppl are scared and markets are red... lets see... GL Stay safe
NOT FINANCIAL ADVICE
POSTED HERE JUST FOR EDUCATIONAL PURPOSES
BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC .D analysis.
I have tried my best to bring the best possible outcome in this chart.
BTC.DOMINANCE is the You all know the reason for the sudden loss of BTC, because of which people are selling every coin due to which BTC dominance is mounting and BTC dominance I think the bad rejection of 42.74% is a force
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
BTC.D - Bitcoin dominance looking strongBTC.D looking very strong on the 3D after forming a triple bottom. I expect BTC to lead price action and most alts to lag behind.
45% is a crucial area for continuation. If we break through I expect BTC to continue sucking a lot of the capital out of many overvalued alts coins. However if it stalls, Alts could see another run.
One coin that i think will be an outliner will be ETH. It has held strong despite the rough market conditions.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USD analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello friends
BTC 1 Day Update BTC trend line is moving up and falling wedge pattern create
BTC trade line is trading and the same is visible in the RSI
BTC 1 day update. We were watching that moment. In RSI also we can see that the trend line is moving up and once it crosses above the trend and the market dumps and then the market falls down but once again market can bounce in btc or if This is going to be bullish so BTC could jump from here.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC .D analysis.
I have tried my best to bring the best possible outcome in this chart.
BTC.DOMINANCE is the downtrend
and BTC pairs trade start.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello friends
I didn't even think that in a few hours BTC is so low power but can't do anything to the market
But the main which is the down greenline, if the use line breaks, then if BTC will dump in a few hours, then BTC's support line can be $36270, $34080, and $33030
But it's good if it bounces
Stop-loss was hit due to dumping some of my premium cal bitcoins
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.