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Btc-dominance

Bitcoin Dominance getting weaker. Alts season coming?As a continuation to my last post, I expected a downtrend continuation of bitcoin dominance looking for 36% and 30% levels. At the moment it's about at 40% floor and aiming to break it. Looking at the green fibonacci circle critical level, it has been already broken and also moving averages are starting to break. Currently we can see already stronger uptrends such as ETH and some other altcoins, which is traduced in money flowing out of bitcoin and going into alts. Could this trigger a strong uptrend for altcoins in the following weeks? ***Please Like and follow me for more ideas!!!*** ^Coquetrader^
CRYPTOCAP:BTC.DLong
by CoqueTrader
3
BTC Market Cap Domination Domination is near big support, there is probability that the domination will rise from that support around 39%. If this will happen and the price of btc despite that will go down, it means that alts will bleed a lot, 2x more than btc. If the price will rise along with the domination it simply means that the money will be going mostly to BTC and alts will rise slowly. The other scenario is that we will break that support and domination will fall to around 35% in this case we may have similiar situation to January 2018 when the huge altseason started. We can also see that there is divergence on 1D timeframe on MACD which may suggest that we won't break this support and the dominance of btc will start to rise. Be careful, always do your own research. It is not financial advice, I'm just sharing my personal view.
CRYPTOCAP:BTC.D
by BeaT16
2
Bitcoin Dominance (BTC.d) finishing wave IVFirst, Bitcoin Dominance is bullilsh for altcoins. Bitcoin Dominance does move in Elliott wave patterns. Which one might not expect, as it is a 0% to 100% chart of market caps. Bitcoin Dominance (BTC.d) is finishing up a wave IV corrective ABCDE triangle pattern. Leading diagonals are not allowed as any of the legs of a triangle. But, I can't figure out a way around that, so just living with it, as the pattern overall seems clear. The E leg is coming up. It is common for the E to do an underthrow, so don't be surprised if it does not touch the line. Then altcoin season starts when BTC.d plummets. How far down? I do not know, so I put a standard 1.0 to 1.618 fib (of the wave I) as possible end. If you want to have some fun, copy this chart to yourself. I set it to "Share". And add TOTAL2 (choose separate scale). Then you can see how the altcoins react as compared to the BTC.d chart.
CRYPTOCAP:BTC.DLong
by gz1968
3
Bitcoin Dominance is about to go high again!Bitcoin dominance could easily bounce back up and this would cause major drops on all altcoins that recently made x100 and more. I expect bitcoin correction while altcoins keep falling finding their new bottom. Bitcoin dominance could easily be restored to 65% - 70% of all crypto market cap by the year 2023. Expect many coins at their new bottom. One of the greatest falls I expect on Dogecoin down to $0.005, which means it could drop down to 99.3% from its ATH. Prepare to face the reality, I'm buying popcorn and start watching :)
CRYPTOCAP:BTC.D
by poplach
12
BTC.D (Bitcoin Dominance)Hello folks, So, having a look at Bitcoin Dominance today. With Ethereum looking super strong against its BTC value I think we may actually find another Alt Season to come. Maybe we will see a bit of resistance, bouncing off the two support lines on BTC.D (as seen on graph). However, with Eth holding strength over Bitcoin, as well as ADA looking like it has bounced from it's Log graph lows, I think we should find ourselves with another couple of weeks noticing strong moves on ALT coins... I am hoping here Bitcoin consolidates for the time being around this 55k-65k range. These next couple of weeks will give us a greater indication as to whether the bull run is extending its timeframe till mid 2022 Quarter 1, or whether BTC and thus the Crypto markets will breakdown. Nothing to confirm just yet however, so I am not selling 'bear' news. Two points to take away (or really just one main point). - Major Alts looking stronger against BTC. - BTC Dominance retesting lows. Hot day here at Le Clec.
CRYPTOCAP:BTC.D
by Euazzy
1
Do not stress with BTCUSDT !!!Hello friends It may fluctuate in the range between 58,000 and 545,000 to reach the bottom of the canal.It may fluctuate in the range between 58,000 and 545,000 to reach the bottom of the canal.The movement will start from the floor of the canal and according to the drawn movement pattern, it can reach 93,000 first, if it succeeds in breaking the canal roof, it will reach 130,000 and otherwise it will fall to the floor of the canal. Change your loss limit dynamically and do not forget to save on the uptrend. If the uptrend line breaks, it is almost impossible to exit the trade. Final Tip: You can no longer find BTC at these prices and I am sure $ 58,000 will be remembered for BTC and it will see high targets. Be profitable BINANCE:BTCUSDT
Long
by mehdikr93