Get started

Btc-dominance

Btc dominance drop cenarioAs mentioned before, Btc might print a double bottom. Check previous TA. Coinmarketcap shows 49.9% btc dominance at the moment. Its happening really fast! Faster than what i draw before in those pink lines. Will BTC hold the ground at 50% dominance, or continue droping? A 50% drop from last top will create a double bottom at 37% btc dominance. If we continue droping. I guess we can say that the alt season actually started in early January this year. Anyhow, still bullish on BTC . Bull run is still intact imo.
CRYPTOCAP:BTC.D
by JacintoMonteiro
BTC dominance analysisBTC Dominance the dominance is setting at strong Support since 2017 Be careful because there is high probability it can rise from here to re-test resistance zone first (between 58-60) before further drop ...the result will be correction in altcoins The 2nd scenario : which is a drop from here directly toward 40% area if that happens we can expect potenial altcoins to do more x10 - x20 This week is very important for BTC and whole market Risk management is the key to survive in trading Good luck
CRYPTOCAP:BTC.DLong
by Babenski
37
better to take profit on altcoinsDear traders I believe it is better to take profit or exit on altcoins because BTC.D is reaching critical levels (52_50) which have been strong support zones for it. it is highly probable that we see a strong movement to upside from (50_52) zone to (59_62) zone which definitely will result in altcoins pullback season. there is also a minimal chance of break below 50 level which can be bullish for alts and can result in a great altseason continuation, this move can target (40_38) zone. I won't take risk. I have started taking profit and exiting from altcoins for now and I believe the next movement for dominance would be to upside but if any downside movement happens I will enter to altcoin market again.(if such a thing happen I will definitely post a new idea for it). please follow me and LIKE my ideas.
CRYPTOCAP:BTC.DLong
by toptrendtrader
7
BTC.D Diagonal support brokenThe dominance chart for BTC indicates that the alt season is on and imminent on many coins, this in conjunction with the ETH Berlin Fork and BTC correcting to 54k, means that alts can see a huge surge. The diagonal line is the support for 2018 which means that alts are likely to go above and beyond their value in satoshis. support lines are where we should see the inversion of the general trend if it keeps pushing downwards. Although many coins haven't started pumping yet, an inversion of the trend is already visible on the daily timeframe for the RSI and MACD throughout the altcoin spectrum, However this is crypto, and a sudden pull from BTC can also cause a significant amount of loss in value and a strong correction throughout the spectrum. Trade safely. #BTC #ALTSEASON #NOTYET #whenthemusicsoverturnoffthelights
CRYPTOCAP:BTC.D
by El_Morenito
BTC.DBitcoin volume decline = the rise of altcoins Three components in analyzing the volume of investment in Bitcoin relative to the market as a whole 1- Breaking the big triangle downwards, which gives us the news of a sharp drop in bitcoin volume compared to the market in the coming days. 2- Following the downward channel shown in Jarrett, which also indicates the downward trend of the whole trend in the future 3- Expanding the market and making more use of the currency of the world in the world, not only in terms of investment, but also the component that will prevent Bitcoin from reaching over 70% of the total market capital. With the decline in investment in Bitcoin and the downward trend, we can expect the market to pay more attention to Altcoins in the future.
CRYPTOCAP:BTC.D
by Technoarz
6
BTC/USDT (Short Term Triangle Pattern?)💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is currently forming a potential symmetrical triangle -If the trendline resistance is broken upwards -This is a confirmation of the continuation pattern -But if the support trendline is invalidated -Expect a support retest around 53k-52k dollar area -We will definitely see a breakout within 24-48hrs -I would really love to see a bullish break in the short term -I have plans if we go to the south in terms of risk management -And capital preservation because trading is a game of probabilities -Going to the BTC Dominance condition, I think the Altcoins -Will continue to grow as the Dominance chart is retesting the 60 level -This is an indicator of BTC pairing altcoin may move stronger in the coming days -As always, prepare for both scenarios either BTC pair or USDT pair coins -Have a nice day everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
11