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Btc-dominance

Altcoins To Correct Hard Against Bitcoin According To DominanceI suspect altcoins get brutalized during the next correction for whatever reason, but BTC stands stronger - hence what I see in the BTC dominance chart. Alts are about to face a C-wave against BTC. The bottom of wave II in BTC.D happened when Bitcoin broke above its former ATH of $20K the first time in December 2020. In January 2021, it immediately turned back toward altcoins. But when the correction ends, you want to move some BTC into altcoins because wave 5 in dominance is going to be bonkers.
CRYPTOCAP:BTC.D
by CoinChartist
2
BTC.D D2: ALTS WILL BLEED Dominance will rise to 47.5% (OUTLOOK)Why get subbed to me on Tradingview? -TOP author on TradingView -2500+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! BTC.D D2: ALTS WILL BLEED Dominance will rise to 47.5% (OUTLOOK) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: BTC .D 2daily chart review ::: chart looks good /strong ::: ACCUMULATION PROGRESS ::: do your own due dill / always ::: setup still valid as of right now ::: expecting dominance to rise to 47.5% ::: well defined range / accumulation ::: BTC looks strong mid-term ::: alt coins probably will BLEED ::: 20-30% correction due to rising dominance ::: BTC solid support near 20 000 USD ::: last week was profit taking in BTC ::: expecting new PUMPS in bitcoin ::: next few weeks ::: based on dominance chart ::: BTC BULLS should focus ::: on buying dips short-term ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BULLS RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTOCAP:BTC.DLong
by ProjectSyndicate
51
5 Important Points About BTC.D🦍BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one! To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by one. Let's hit it. #1: Indicators (RSI and MACD) : MACD is showing a bullish divergence on the chart, that means the bearish momentum is getting weaker. It doesn't mean we're going up, but it means if any bullish power happens we can easily go up because Bears are weak now. Let's check RSI on the chart, the RSI is completely moving above a ascending trendline (Yellow line). Until we're above it, then BTC.D is good to go up. It looks like RSI is going to touch it's trendline again, if it does, I'll consider it as an important date to check my altcoins to swap with Bitcoin. #2: Consolidation channel for 1.5 year : This is a very strong and important channel for BTC.D because it has trapped BTC.D inside of it for more than 1.5 year, and many traders have used it to accumulate more BTC. How? Swap altcoins for Bitcoin in the bottom of the channel and the opposite in the top of the channel. Now that we're very close to the bottom of the channel so we have to consider swapping again, from Altcoins to Bitcoin. But be careful, you have to check each of your altcoin's chart one by one before making any decision. #3: Very strong support area (green area) : At the bottom of our consolidation channel, you can see a green area that is the strongest support area in BTC.D history. Because almost every time BTC.D had reached this level, it has forced BTC.D to move upwards. The overlap of this support area with the bottom of consolidation channel makes me seriously consider to swap most of my altcoins (with capital/risk management) with Bitcoin. SO TAKE BTC.D AROUND 40% SO SERIOUSLY. #4: BTC.D All Time Low : It is possible to have a downward fake breakout to 35.4%, because this is BTC.D ATL (all time low). It has happened before, so I'm still bullish on BTC.D unless this area is strongly broken downward. Other than that I believe we're in the BTC.D floor or at least close to it. It means, I prefer Bitcoin to Altcoin for long run as this is a weekly time-frame. #5: Comparing Bulls and Bears : I compared last two waves in the consolidation channel, greens from bottom to top and reds from top to bottom. As you can see on the chart, it took 20 candles (week) for bulls to go from bottom to top and 13 candles for bears to cove top to bottom. It means, in last two waves bears we're definitely stronger than bulls and we didn't see enough momentum in bulls. Although BTC.D is on the floor but my impression is that, BTC.D doesn't have enough momentum to break the channel upwards with one bullish wave. I think we need at least one strong correction in the middle of the road, before upward breakout. This will be my tough about breakout unless we see a super strong momentum when the bulls start pushing BTC.D. I wanted to add something else about this breakout, no matter when it happens, the target of BTC.D will be something around our green area (58%). So that date, will be a good time to check the market to swap Bitcoin for Altcoins. Well, this is my analysis on BTC.D, don't forget this is a weekly timeframe, so it is for long-term investors not short-term traders. Feel free to add up your ideas about my analysis in comment section, I do like to discuss different ideas with you guys to educate ourselves and take the best out of the market.💖
CRYPTOCAP:BTC.DLong
by ArshiaZojaji
13
📈✌BTC.D✌📉CRYPTOCAP:BTC.D Hello traders, I hope you have had a profitable week. First, I'd be happy if you take a look at my analysis this week. Bitcoin Dominance continues to test lower levels in a downtrend. The 40-39% area is very strong support for Dominance. In case of severe fall, Dominance can reach levels lower than 39%. Otherwise, Dominance could slightly touch the upper 40% area and then prepare for a stronger downtrend. Please share ideas and leave a comment, let me know what's your idea. CrazyS
CRYPTOCAP:BTC.D
by CrazyS
1
Bitcoin Technical Analysis in 4 Hours🌞Hi 🖐 As can be seen in the picture, a month ago, Bitcoin experienced a sharp drop to the level of $15,600. When the price reached this level, the selling pressure in this currency decreased and could not continue to fall further. Currently, Bitcoin has formed higher lows (LH) than its previous lows, which has put Bitcoin in a bullish channel on the 4-hour time frame. If the short-term support of buyers of this cryptocurrency continues and the price can remain above the $17,000 level, also if the price maintains this support level. We can expect price growth up to the resistance zone (Supply zone) at the level of $17,800 to $18,500. The important point is that in range trends, usually after the formation of sharp movements (break of the black trend line in the upward green channel), fluctuations continue in the opposite direction. Therefore, we should keep in mind the possibility of the price returning to support and breaking the bottom of the channel. Support: $16,500, $16,000, $15,400 Resistance: $17,800, $18,200, $18,700 Bitcoin Dominance Analysis Bitcoin Dominance is completely inside its short-term bullish channel. The resistance in the way of this cryptocurrency is 41%, negative divergence is observed in the lower time frames, and considering that this divergence exists in the higher time frame, there is a possibility of the return of this indicator and the failure of the support of the bottom of the channel. Therefore, the possibility of a pullback to the ceiling of the larger descending channel is more likely. 🌈If you apperciate Arztoday Team work , Please like and comment , It Keeps us motivated to do better🌈 ArzToday Team 💙 Analyzer ✍: AR.Rashidi
by arztoday
2
Altcoin season next weekThis is the time! The BTC.D has been testing the 40% 5 times since the first time when it broke down. Everything indicates that we are close to the 6th test which may happen next week if the BTC retracement is confirmed. I believe that, once the BTC.D falls below 35%, we will never see it at 50% again. This market is too big for one asset to have 50% of the total MC. The most entertaining outcome is the most likely...so an altcoin season, after FTX collapse and BTC dump to 15k, is very entertaining. Bring it on!!!
CRYPTOCAP:BTC.DShort
by UnknownUnicorn14518531
12
"THE FLIPPENING" : When ETH flips BTC in dominanceThe flippening, or when ETH exceeds BTC in dominance, aka flipping dominance, will happen on May 2023 according to this chart. By charting the ratio of ETH dominance, ETH.d, to BTC dominance, BTC.d, the flippening occurs when the ratio exceeds 1. ETH.d to BTC.d ratio has printed a cup and handle pattern on the higher time frame. This pattern's measured move, if the ratio breaks out of it, exceeds 1 meaning that ETH would have flipped BTC in dominance. By projecting a rising channel from the handle, the intersection of the measured move is around May 2023. At the moment it seems inconceivable that crypto will rise, but drops of 80% to 90% are common in alts in bear seasons, bull seasons will be in the multi Xs gains for alts. BTC is facing many problems, the largest of which is energy consumption, currently turning a profit mining BTC is in the red as energy prices have risen and BTC price has dropped. Another problem is that BTC transaction time is exceedingly slow and BTC lacks smart contracts. ETH merger has addressed the problem of energy consumption in mining and theoretically transaction fees which have been astronomical since ETH price has risen. ETH technically is a better contender as a BTC replacement. Also, ETH holders from March 2019 covid dump have outperformed BTC holders. Microstrategy would have been in better shape if it held ETH. In an old idea below, I predicted that ETH will reach the neckline of the cup and handle around 25% of the market cap.
CRYPTOCAP:ETH.DLong
by nagihatoum
21
Today 2 Resistance levels 0.41 & 0.42. Can reach both then down!Today we already hit the first resistance level . BTC dominance has dropped so we might see XRP trying to hit the second stongest level of resistance at 0.42. Then i belive we will continue our way down and start monday of by bleeding down. Bottom targets are still the same 0.393 achieved. 0.388. 0.375 Hopefully I made it clear for you If this was helpful i would aprecciate a boost! -P.S Later today ill make a post on the long term prediction price movements.
by ifxgabriel
2
BITCOIN Analysis 10.25.2022#BTCUSD (BTC)  Time Frame : 6H (Update)  ENGLISH : Exactly according to the analysis of the previous week, Bitcoin has been felt to $18,670! (the important Demand Zone that was mentioned before) after that, it was accompanied by demand pressure and managed to grow up to $19,690! As you can see, this was an important supply range that I mentioned last week (related analysis) ! (The overall view is still bearish). The demand ranges will be $18,470 and $17,700 respectively! Analysis Method: ICT+ Supply&Demand  SATAN  10.25.2022  (DYOR)
COINBASE:BTCUSDShort
by Trader_Needs
2