Btc-dominance
BTC.D, No Alts season, not now not everthe word Alts will be a reference to the coins that died during the next Alts extinction event. The few surviving Alts will be called something else.
BTC.D still within an ascending triangle with volume dropping. It will consolidate on the triangle support for a while giving hopium to the shitcoiners.
BTC at the bottom of the dominance triangleBTC is at the bottom at the dominance triangle, showing us that alts took the led this week
But right now is not the time to continue buying alts, for me that shows that both alts and BTC will fall this week
And for now BTC will probably regain its dominance over the alts, so expect a huge fall for alts now, don´t be fooled by those 10-20% pumps
have a great day
IF YOU TOOK PROFITS YESTERDAY LIKE I SAD, LETS SET UP BUY ORDERSYesterday the movement was extremely manipulated, investors were trying to make BTC close the month above the triangle,
but when i goes up artificially it always comes back down.
My buy orders are now are: (Please leave me your opinion, I am here to learn as well)
1) OCO buy orders in between the triangle ranging from 9340 - 9630 (I am using 30% of my capital)
2)Limit buy order at 9010 (30% of my capital)
3)Limit buy order at 7820 (40% of my capital)
I don´t believe that BTC could go much lower than 7820, so this is a pre-bull run buy for me
BTC.D - the altocoins will come to life. With the fall of dominance, altcoins will grow to BTC.
The triangle is about uncertainty.
But now there's a specific clamp to the lower boundary;
are likely to fall.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
BTC Bullish based on USDT inflowsThis chart plots USDT Market cap vs. BTC price action. Pretty self explanatory i think..
BTC is the God market for crypto, it's very rare to see another coin outperform, and no ALTs have stood the test of time holding their gains vs. BTC in the longer term.
The BTC dominance chart below shows that with BTC dominance increasing, this is a sign that most money is flowing into BTC these days.
Bitcoin dominance turning in bearish modeLooks like the bitcoin dominance broke the trendline retested it and got rejected and if we get multiple daily closes under 65% we will go directly towards 60-58% area where we will probably found some support.So i can say that in my opinion an altseason is quite close and we should keep an eye on bitcoin dominance so most probably if bitcoin will start to rise the altcoins will outperform bitcoin.
Bitcoin Dominance..!!BTC (Dominance)
As Bitcoin Failed to Clear the Major Resistance (7400) & Now It's ALTS/BTC Turn.
It's Time to Grab Some Strong Alts (Not Shitcoins) Coz Alts Are Ready to FLY..!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
BTC dominance according to plan.In my previous BTC.D analysis, I've shown you scenario which I see could unfold (see here twitter.com ).
So far it's going according to plan. BTC dominance is taking a real hit today, along with USD. DXY is dropping significantly as well. Strength of the dollar is too high and it will drop. Only a matter of time til it collapses. Last time that meant huge crypto bull run. Are you prepared? Are you stacked? This short TA is to give you an insight on what could come if the nerrative of an uper power keeps playing with world's economy. Keeping fingers crossed.
If we take a look on the chart we see we got rejected by the 0.382 Fib level since bouncing from a short collapse down tonaround Fib 0.5 from our last run up (left Fib). I'm expecting us to hit 0.382, bounce and proceed down. Also, MACD could be crossing soon. Last time that started the 14 day red streak.
All of this makes me believe we're in for a turbulent ride. Wish you good trades.