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Btc-dominance

BTC DOMINANCE is bouncing, Bad news for Altcoins!Hi there, Bitcoin Dominance is bouncing and this is not good for Altcoins at all. BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that. What will happen? In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope. In the worst case when BTC.D is going up if Bitcoin goes down, Altcoins will fall rapidly. So In my idea this is a bad time to be with Altcoins, Also Altcoins growth a lot in the past 50 days and these prices are not proper to buy for next leg up. Be carful with your trading and investing. Your Likes and comments are the best Thank you.
CRYPTOCAP:BTC.DLong
by TahaZargar
5
🔥 Bitcoin Dominance Rising: The King Is Back?This week, Bitcoin Dominance (the percentage of total market cap in BTC) saw a sharp bounce from the same area which indicated the 2021 top last May, around 40%. 40% is a key area because this is the same area where Dominance bottomed during the 2018 bull-run top. Since my long-term outlook is still bullish on crypto, I think that Dominance rising from this area might be a good thing. The same thing happened in September 2020 where Bitcoin saw several months of huge gains, followed up by crazy altcoin gains during the fall of Dominance in Q1'21. On the other hand, Dominance rising is also an indication of investors becoming more risk averse and searching the safe haven of Bitcoin, see the 2018-2029 bear market. In case Dominance will continue rising, you can expect overall less returns on alts, no matter which direction the market goes. Happy trading!
CRYPTOCAP:BTC.DLong
by FieryTrading
13
does btc is following wyckoff Price Cycle ???/ As a trader, you should be familiar with some of the leading theories concerning market structure and cycles. Some of the more popular ones include the Elliott Wave Principle and the Dow Theory. Nevertheless, today we will add one more important type of market analysis to your trading arsenal. We will be taking a deep dive into the price action based methodology known as the Wyckoff trading method. The first rule of Richard Wyckoff states that the market never behaves the same way. Price action will never create a move in exactly the same way that it did in the past. The market is truly unique. The second Richard Wyckoff rule is related to the first one. It states that since every price move is unique, its analytical importance comes when compared to previous price behavior.
BINANCE:BTCUSD
by humzoshaiikh
Bitcoin Dominance has Fallen! (Altcoin Season) The Bitcoin dominance has been dropping and dropping, the only question is "Where is the Bottom?" Base on the chart, Bitcoin dominance has came back to its origin. This is why most Altcoins are pumping due to the fact that the dominance has been dropping. Is this the indicator that a big dump is coming? If Bitcoin dominance continues lower and lower, Altcoin season will continue to go and go, but when Bitcoin dominance bounces from here, Most alts will take a very nasty dump of at least 10-20%. This is speculation!
CRYPTOCAP:BTC.D
by OmaOne
BTC.D vs SHORTS vs TOTAL3 correlation chartthis chart has been very helpful for me and wanted to share it. If you haven't, I suggest u consider looking at correlations in between sectors or typically inverse pairings such as gold vs USD. These relationships can be very helpful to see rotations or divergences, which can coincide with reversals. Also helps to see which asset will take the leadership role We see in this chart that as the btc shorts kept falling alts kept up the rally which is def supported with BTC.D falling as well. It can also explain why BTC isn't going higher yet as this shows $$ is flowing into alts as BTC.d continues to fall even though shorts backed off BTC awhile ago
CRYPTOCAP:TOTAL3
by Haloolah11
ETH/BTC thoughtsno real analysis here, just wanted to put this chart on everyones radar in case you havent been following. breakout of this pattern will be a massive move for the entire market. a good chart to watch over the next several weeks to gauge the market and make informed decisions mostly relating to your spot wallets, not so much trading. accumulating alt coins when the market is at a tipping point can sometimes be risky, so if anyone is holding a large amount of alt coins, you should absolutely be watching this chart. i personally am not doing any trading except for a bit of scalp trades while we let the last 48 or so hours manifest itself in the market structure, as we can all clearly see how much has changed in that time. just wanting to put this triangle on everyones radar! as always, godspeed everyone
by g0nzo
1
Bitcoin Dominance: Breakout toward final destinationThe Bitcoin Dominance, which serves as a risk-on / risk-off crypto barometer, seems to be on its way toward it's final destination, a secondary wave E of primary wave 4. This should mark the end of the bear market when reached. As a a reminder, if the ratio goes up, it means Bitcoin outperforms Altcoins, which usually happen when the market is bearish... Not always but often because Bitcoin is seen as a more mature and defensive pick.
CRYPTOCAP:BTC.D
by quantmaven
1