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Btc-dominance

Bitcoin Dominance - dictating alt bear marketBitcoins dominance can be used to help understand the market cycles and the mechanisms of money flow that happens within a cycle Last bear market Bitcoin made a reclamation move of 77% on Bitcoin dominance. This bear market the clear target is a 20% reclamation move of dominance. What does this mean? The ascendency of Bitcoin dominance is the indicator of a bear market for alt coins. As VC interests continuously dump for profit from vesting schedules into a market lacking retail interest the alts will get cannibilised by sell pressure as Bitcoin reclaims it's value from the market. The move has already started and I am a firm believer tha alt coins "in general" are going to get decimated over the coming year. However there will always be stand out performers etc
CRYPTOCAP:BTC.D
by JBHodler
ALTCOINS WILL BE DESTORYED EVEN MORE?This is another renko charts. This time it's btc.d (dominance of btc) with 0.5% block size on the 1d. We can observe something similar to a falling wedge pattern with clear bullish divergence on RSI. Since start of 2022 we saw a decent correction in btc pairs but still a lot altcoins looks alive. ETH/BTC pair for exemlpe. For now the dominance is slowly rising and it needs to raise up to 45% just to test the upper line. Will there be a break out? We don't know yet, but bullish divergence is telling us, that it's getting ready for something. So are we going to witness altcoins meltdown?
CRYPTOCAP:BTC.DLong
by FallingWedge
6
Thoughts on BTC.D - Altseason coming?Historically the DSO & RSI combo is a great tool for spotting potential trend reversals. I find it to be most accurate on the $BTC.D chart when looking at the 3D. I find that: - When ever the RSI and DSO meet above 80 % the trend seems to turn to the downside. - When ever the RSI and DSO meet below 20 % the trend seems to turn to the upside. Current situation: DSO is right now at 99 % and the RSI just crossed the 90 % level. I would not be shocked to see BTC.D go to 49-49.5 %, but then we could see a shift in the trend as explained above. Let Me hear your thoughts, please :)
CRYPTOCAP:BTC.DShort
by FourApplesADay
2
📈BTC.D: money flows into BITCOIN!Hi friends! 📈The Bitcoin dominance is growing as we see on the chart. It always happening when BTC falls by 40-60% from it`s ATH. But why does it happen? Let's get to the bottom of this! Actually, Dominance shows us where the traders keep their money. If Bitcoin dominance fall that means money flows into ALTs. If Bitcoin dominance grow money from altcoins flow into Bitcoin. 💹🚩But why it happen when Bitcoin fall? It depends on psychology of the BTC and ALTs hodlers and traders. Altcoin traders and holders are mostly retail. What is their main characteristic? The lack of a trading plan, which when Bitcoin is fall by 60% and Altcoins down by 90% forces them to sell all their crypto. Meanwhile, Bitcoin's holders are large funds, global companies, and countries. At times like this, they have an opportunity to buy (liquidity) of $1-2 billion and they are happy to do so. Number of BTC buyers and ALTs sellers are growing. So the dominance is growing too. 🚩As expected, Domination has broken through the trend line and is on its way to the main target - 50%. ✅Stay tuned for updates so you don't miss the moment when altcoins start to rise. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
4
BTC Daily Analysis(Update). Bull or Bear?$BTC VIP Analysis May 22, 2022 -------------------- BIAS: Mid-Term: Neutral Short-Term: Bullish -------------------- Once again at the top of our short term range, BTC is looking like it could see stronger upside movement in the next couple of days if the bulls manage to hold on to their current momentum and strength. Also the most volume is at the weekly OB+ With a clean break and close above $31,600 (which is currently our most important mid term resistance level, we’ll confirm a move towards at least $36,000 from where we would either see a rejection or an even stronger breakout. Up Probability: 58% - Down: 42% -------------------- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $36,119 ⬆️LONG⬆️ $26,613 PREDICTED DAILY RANGE $26,812- $33,318 --------------------
COINBASE:BTCUSDLong
by Trader_Needs
Bitcoin dominance BTC.D #TheCryptoCityI see BTC dominance decreasing in the daily timeframe it can take a little bounce from support and go further down to fil FVG (fair value gap), order block and there is also a POC. You can see on the chart clearly RSI is oversold. It is possible after a retest at 44.46% BTC.D will move upwards to the next resistance at 45.72%. This will bleed BTC and ALTs prices. I have marked the BTC dominance area at 41.90%, if BTC.D reaches this level this is good for BTC and ALTs. This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE. So let's see how the market reacts in the coming days. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. I would also love to know your charts and views in the comment section. I am not a market maker I could be wrong. Everything is on the chart. Thank you
CRYPTOCAP:BTC.DShort
by TheCryptoCity
BTC/USDT BinanceBTC/USDT Binance 4H hollow candlesticks A downtrend parallel channel has formed since the 21st of April. Also, a Falling Wedge has clearly formed. Support and Resistance main areas are shown. A bar pattern repetition shows a possible price movement for the next days. Volume increasing. Multiple Support & Resistance levels shown as horizontal lines. If the price breaks out of the downtrend parallel channel will hit 37000K. As if the price goes out of the Falling Wedge, we might see a wick at 34000K, then also a new TA is needed. BTC = $37,796.42 -2.10% = 13.80 ETH +0.81% Dominance: BTC: 42.3% ETH: 19.5% Market Cap: $1,697,329,973,825 24h Vol: $81,975,886,708 Good Luck #CryptoHellas Team
by CryptoHellas
BTC.Dominace : The destroyer of altcoins in May take a look at the BTC .D chart to understand what is happening with the market. We see that btc .d is on a very strong recovery trend, looking at the monthly frame, it is certain that this month altcoins will drop very strongly, if there is a recovery, it will be next month before we see altcoins have a temporary recovery. Then the market goes sideways for a while Conclusion: - this month only soup for sale. At the beginning of June, we started to buy gradually to catch the market's recovery - we can wait to buy BTC at 18k and 9k
CRYPTOCAP:BTC.DLong
by volvo435
2
Altcoins Alert ( Bitcoin Dominance Chart Update )Altcoins Alert #Bitcoin Dominance Update:- - I told You #Alts session will be Danger So all #Altcoins Dumped 30-40% down ( Told you when Dominance was 41.50% ) - now again Dumping because Dominance Increasing - If Dominance below 45% Then Big Altcoins sessions coming soon but Keep in mind only below 45% level. if break Upward then Very dangerous for Altcoins. - But Above 45% Exit from #Alts Now Dominance is trading at 44.80% and If breaks upward then best time to exit from altcoins. I am Expecting rejection from here and we can see some altcoins sessions. But if break 45% then Don't be greedy. Very bearish altcoins above 45% dominance.
CRYPTOCAP:BTC.DShort
by CryptoPatel
BITCOIN.DOMINANCE DAILY UPDATE BY CRYPTOSANDERS Hello, community members welcome you all to this market cap BTC.D 1D chart analysis. As we can see from the above-mentioned chart that BTC.D war trading inside the parallel Chanel pattern. Currently, BTC.D faces the upper trend line which is also a resistance level that BTC.D following for the last 355days. Now here I am expecting a rejection from the resistance level and it will dump towards the middle trend line. Which will be the green signal for BTC in the upcoming days This is not a piece of financial advice. Sorry for my English it is not my native language. If you like it, hit the like button and share your charts in the comments section. thank you..
CRYPTOCAP:BTC.D
by CryptoSanders9563
2
BTC Short Term Movement AnalysisAs you can see from the last Bitcoin analysis the 30000 area broke and the price went down with selling pressure and bounced from 25300$. with the price action analysis, Bitcoin is forming a symmetric triangle on lower time frames and we will see a break of this structure soon. The resistance is the $30,500-$31,000 area and we will see a move towards $33,000-$34,000 if BTC breaks above the $31,000 level. A break below $29,000 is bearish and we might see again $27,000-$27,500 levels. Use tight stop loss in all trades. This analysis will be updated. 5/14/2022
by Trader_Needs
Bitcoin | At a historic crossroads!Hello dear TradingView Crypto Savvy, If you want the best-modeled full history view of Bitcoin price action with insights for the next few years, you have opened the right idea. Today's update is a more sober follow up to last year's tongue-in-cheek long term view of Bitcoin price action modeled against Stock to Flow. If you are not aware of Stock to Flow and how it is the best predictor available for Bitcoin price performance, please see my related idea. Today's idea adopts a bollinger band style view of stock to flow, where I have carefully tweaked the model to precisely fit the last decade of price action. You have never seen a better view of Bitcoin's long term price! We are looking back at the $2 days and forward to the next halving. The most recent Bitcoin mining block reward halving occurred May 11, 2020 and prompted the most recent bull run, as other halvings have done in the past. There is a growing delay from the halving date to the all-time-high date for a cycle, which I have highlighted on the chart. This delay points to the possibility of the high for this cycle being in the future. I project sometime later this year or early next year. "Wow, that's great!" I hear you say... but wait. I mentioned a historic crossroads in the title, so that must mean there's a catch, right? Right. Well look at the orange line I have drawn. That represents the long term support line for a "truly" logarithmic growth, as we are looking at a logarithmic chart. Notice how we were riding close to that support just before the Third Halving in 2020, and the Pandemic Panic actually brought us far south of it for a brief snapshot in time. The halving snapped us out of bearish doldrums and we wound up with a perfect storm for the last two years of bullish on-ramps to broad institutional adoption. We started 2021 with Bitcoin dominance ( BTC.D ) at it's highest point in years and the crypto market as a whole smashing through $1 Trillion USD market capitalization . Then in 2021 something remarkable happened. 2021 saw DeFi frenzy and the rapid capitalization of newer Layer 1 Cryptos. Bitcoin dominance plummeted to near all time lows and has stayed there til today. Yet Bitcoin still reached a new high as the total crypto market had a historic rally to $3 Trillion in November 2021. Then the correction came. The crypto total cap now four months later sits 40% below the peak of November 2021. The last six weeks of sideways price action have suggested to some that the bottom has been found, but has it? To inform an answer to that question, let us take the best tool we have for modeling Bitcoin's long term price, Stock to Flow, and use it as a guide. We will use it as a backbone and make some adjustments based on the insights that we are finding are shaking up the future of the crypto market. What are those key insights? DeFi and newer Layer 1 Cryptos are pushing Bitcoin dominance towards new all time lows Bitcoin has become a household name around the world. It is solidly an institutionalized asset now. It represents a non-negligible percentage of global GDP. Before the last halving, Bitcoin was already losing steam against its long term logarithmic growth support All of these factors point in the same direction: slowed growth for Bitcoin. Now let's reference the big red line on my chart. Based on these insights, this is the growth curve that I am fairly confident will hold until the next halving in 2024. What does that tell us about our choices today? Well that is our catch. For the next few months, our current price is above the long term support curve I have drawn based on those insights. This curve has been tested, and in the worst circumstances briefly broken, every halving cycle so far. There is not yet confirmation of a trend reversal, and we are seeing suspiciously little volume the last couple of months. My estimate of a future date for a peak this cycle is very loose and it could well be ahead in 2023, so that gives about a year for a low to be found before we try for the true high of this cycle. Current geopolitical volatility opens the opportunity for further "black swan" events briefly pushing us below our new red support trend line. This suggests the possibility of a low between $32K, in normal circumstances, and $22K in the worst circumstances before we find the high for this halving cycle. Now let's look back at our orange line. The correction has brought us below it for the second time ever, and our insights point to it never being respected again. Yet there is still hope for a higher peak this cycle, and we have a new more-informed and better-fitting curve that's ready to be tested for a fit to the next two halvings. This confluence of factors is why we are at such a historic crossroads! Just because the orange line isn't being respected as a support, doesn't mean it is no longer in play. I suspect we may see it touched one or two more times as a resistance (and maybe once briefly as a support) before we fall further away from it. This leaves a small window open for my previous prediction of a peak this cycle above $200K. What other insights can we gain from this fully zoomed out view and our new collection of insights? Well they suggest that another Layer 1 crypto may be neck and neck in capitalization with BTC within a couple of years. ETH is the obvious candidate, and has been gaining ground slowly and consistently since 2019. It also has major upgrades planned for maturity this year which could completely change the game on its costs and scalability, potentially unleashing a new trend of accelerated growth versus BTC. A win for ETH is not a guarantee though. Other Layer 1 networks have gained ground at a record pace beginning in 2021. Terra has rapidly emerged as the front runner, largely driven by the intrinsic appeal of having built the first demonstrably well pegged DeFi stablecoin with TerraUSD , with the cherry on top being the stable 20% APY offered by Anchor staking. Competition will be stiff though, with many other contenders looking for an edge. DeFi robustness, low costs, security, usability, scalability, etc. all have to align in just the right way for a winner to emerge. I suspect we will see a clear front-runner in the next couple of years though. How does this full picture inform our crypto strategy today? Personally, I'm significantly reducing my focus on BTC holdings, adding more ETH holding, and dedicating significant time and energy to get a big picture view of the competitive landscape for DeFi-ready Layer 1 Cryptos. What is your focus and do you have a favorite Layer 1? Let me know in the comments who you think the winners will be and why! If you appreciate my analysis and would like to see more in the future, please like and follow! With that all said, this is not investment advice. I am offering my ideas for educational purposes only. Enjoy and take care.
BITSTAMP:BTCUSD
by entropi
10
BTC/USDT 1D CHART UPDATE!!Hello, community members welcome to this BTC/USDT 1day chart update. As we can see BTC was unable to hold both the lower trend line support in a daily time frame. Currently, BTC is trading around $27k and BTC is trading inside of descending channel pattern inside the bigger channel. Now, if we consider the wicks then we found that BTC left a wick from the lower trend line support of descending channel and made a low of $26700. 18hrs left for a daily close BTC must need to hold this descending channel lower trend line support and close above. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES. If you find this update helpful hit the like button and follow. Thank you.
by Domino_Crypto
Bitcoin dominance analysis and prediction of the next movement .Analysis of D.BTC: I expect the bitcoin acquisition to rise in the coming period with a drop in prices And huge losses in the altcoin. This analysis is for the current stage. In the event of any update, we will update the idea The breakout of the daily descending trend line may fail, so the D.BTC will continue its decline and altcoin will recover. As long as the acquisition rate is above the key area, investing in altcoins remains dangerous
CRYPTOCAP:BTC.DLong
by Maxmeox