WARNING! Big Altcoins Shakeout Is Starting Right NowHello, Skyrexians!
If you remember, we warned you just before the February 3 crash. Now we can see almost the same situation on the market looking at CRYPTOCAP:BTC.D . This chart can predict all crushes.
On the 12 hours time frame we can see enough candles to analyze the current 5 Elliott waves impulse. If you remember dominance currently is in final global wave 5 and you can see it that it's almost over looking at the Bullish/Bearish Reversal Bar Indicator at the weekly time frame. Now we are looking inside this wave.
Look how perfectly wave 2 retraced to 0.61 Fibonacci of the wave 1. Then Wave 3 has been finished inside the target area as well. Wave 4 retraced to 0.38-0.5 Fibonacci area. At the same time the Awesome Oscillator showed us the bearish turn. It means wave 4 has been finished and now Dominance is preparing for the leg up in wave 5. The target is 66%, but the max pain target is 69%. This is unlikely but keep in mind.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Btcd
Supply & Demand for BTC.d <---> ETHBTCA notable change may be occurring in the market dynamics surrounding Bitcoin dominance, which reflects BTC’s share of the overall cryptocurrency market. Recently, it has displayed a shooting star candle, indicating a potential decline in BTC’s market influence. These signs point towards the beginning of an alt season, a time when alternative cryptocurrencies tend to outperform Bitcoin. With BTC stabilising around the significant $100k mark, the environment appears ripe for altcoins to attract investor interest. The upcoming weeks will be crucial in assessing whether this trend will gain traction, possibly transforming the market landscape for 2025.
Bitcoin experienced an impressive 2024, achieving new milestones and reinforcing its status as the market frontrunner. As we move into 2025, BTC remains robust, yet a shift in market dynamics may be imminent. Historically, Bitcoin’s dominance tends to wane when altcoins start to gain momentum, and this year might follow that pattern.
As Bitcoin finds stability around crucial price points, we often see liquidity shifting towards altcoins, sparking what many refer to as an alt season. Historically, during these times, altcoins tend to surpass Bitcoin in performance, offering significant returns for those investors ready to explore beyond BTC. With TOTAL3 approaching new price discovery and Bitcoin's dominance on the decline, the potential for altcoins to take center stage is becoming more apparent.
The crucial factor for BTC.d to unlock is how ETH performs against BTC. With the ETH/BTC ratio below 0.03, it appears appealing, but until it begins to rise, the alt season will be postponed. Alt season typically arises when Bitcoin dominance is high, not when it's low.
Typically, Bitcoin dominance tends to decrease in the years following a halving event. Therefore, I suspect that by the end of the year, dominance will be in the negative. However, up to this point, we have seen an increase in dominance this year.
Are you watching closely?Don't listen to all those dramatic fools screaming and shouting at the top of their lungs so that you give up here. Would you dare to give up here?
Benjamin Cowen keeps crying stating he would prefer not to have a 2nd wave of inflation like it happened in the 70s because his children would suffer. Come now, while he's telling people he wishes for altcoins to die, technicals suggest otherwise.
This is the part where almost everyone gives up, will you give up?
I most certainly won't.
BTC Dominance Drops: Is the Alt Season About to Begin?Hello, Traders!
After its recent rise to 64%, BTC.D started to decline slowly and currently dropped below 61%.
In order to resume alt season, BTC.D needs to drop at least below 57% and hold below that mark for a prolonged period of time.
Ideally, it should break below 54% to make a lower low and confirm a sustained downward trend.
Historically, when BTC.D enters a clear downtrend, liquidity flows into altcoins, leading to significant rallies across the board.
I don’t think that even if the alt season really takes off, we will see BTC.D much below 48%—perhaps 45%, but not lower.
At that level, the market typically starts rotating back into BTC, capping further dominance declines.
However, if BTC stagnates while liquidity continues flowing into alts, a deeper drop isn’t entirely out of the question.
One of the potential catalysts for a BTC.D decline and the start of the alt season is Ethereum’s upcoming Pectra upgrade.
Historically, ETH has shown strong performance ahead of major network upgrades, often doubling in price in anticipation.
If history repeats itself, we could see increased demand for ETH, driving capital into the broader altcoin market.
The Pectra upgrade is scheduled for April 8, meaning we might see altcoins gaining momentum in the next couple of weeks.
If BTC remains stable and ETH starts outpacing it, this could create the perfect conditions for the much-anticipated alt season.
Keep an eye on ETH/BTC as well—it could serve as an early indicator of the shift. 🚀
Please don’t forget to boost this idea and leave your comments below.
APT Update - Who else was a great painter?After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid)
After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid
I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :)
TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally!
ETH UpdateAfter the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid
I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :)
TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally!
Is Altcoin Season STILL About to Begin in 2025?Looking at CRYPTOCAP:BTC.D , before the 2021 altseason kicked off, there were 3 key stages:
▍Stage 1: A steep rounded top formed.
▍Stage 2: Along the neckline of the rounded top, a rounded bottom developed.
▍Stage 3: BTC.D dropped sharply, triggering a crazy altseason.
For 2025, it seems we're about to enter Stage 3:
▍Stage 1: Again, a steep rounded top formed.
▍Stage 2: Just like before, a rounded bottom appeared along the neckline.
What’s different this time?
BTC.D just retested the neckline resistance zone for the second time yesterday.
After touching it, BTC.D formed a long lower wick, signaling strong rejection.
Now, it's all about watching the next moves.
If BTC.D mirrors Stage 3 from the last cycle, we could see a sharp drop soon.
And if that happens, the crazy altseason might start before anyone is ready.
🔴 for more future script "guesses" like this!
🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
BTC.D Update = What happened to the ALT SEASON?I had this possibility on the back of my mind but didn't think it'd play out since things are much different this time
I obviously missed the last downward movement (even though I had it marked on USDT.D + some alts)
PS. Trust me, BS news you see is just an excuse. It's almost always in the chart (in this case, tariffs) = This is how I was able to predict 5th August bottom (in that case, it was the Japanese Yen news but in reality, it's all in the chart but I missed it this time and I'll accept it, I was too busy so never looked at it.. the reason I stopped posting after November)
It would be wonderful if you guys interact and keep things on your panel too!
USDT.D (how to find local reversals? no alt season this cycle?) sorry I forgot to post it here a week ago after the crash
I had that shit marked (small green box for a powerful reversal), which hit in the first week of December, but I forgot to check it out—lol, was too busy with other things = can anyone at least remind me or everyone's a lazy ass like me, these days?
Anyway, it was a perfect local top indication (USDT.D along with other macro charts are the best possible indicators for local top/bottom. One must capture these beautiful reversals where you have at least 80% of confidence, to accumulate more and more of your favorite tokens)
Trust me, BS news you see is just an excuse. It's almost always in the chart (in this case, tariffs) = This is how I was able to predict 5th August bottom (in that case, it was the Japanese Yen news but in reality, it's all in the chart but I missed it this time and I'll accept it, I was to busy so never looked at it.. the reason I stopped posting after November)
Good thing we still haven't reclaimed the macro trendline.
and look what happens after such long wicks into resistances ... (5th August one, 22nd Jan, and last year's)
and CT getting bearish? I get it that normie retails are fearful but good big CTs ???
This cycle really is different...
LOWER it now !!! (obviously there are many other confluences I've found but I'm too lazy to mention all that here)
PS. Yes, there will be an alt season and it will catch many off guard since most have lost hope and capitulated already.
It would be wonderful if you guys interact and keep things on your panel too, so we don't miss any market movements!!! I don't Trade full time, it's just 1/4 of my gigs
The Exact Target When Altseason Will Be Started Revealed!Hello, Skyrexians!
Recently we have already made analysis on CRYPTOCAP:BTC.D where pointed out that this Bitcoin season finally is about to end. Today we share with you our precise analysis of last dominance growth to understand when there is going to be the final reversal.
Let's take a look at 12 hours time frame. Here we can see that Elliott waves structure. It has pumped to the wave 3 target at 1.61 Fibonacci and then retraced in the wave 4. We expect consolidation between 61% and 62% for some time before the final growth in the wave 5. This wave will be finished approximately at 65%. The red dot on the Bullish/Bearish Reversal Bar Indicator and the bearish divergence with Awesome Oscillator are going to be the reversal confirmation factors.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
BTC dominance .... Bitcoin: The King, But Not Everything!Crypto is More Than Just Bitcoin; Just Like Automobiles Are More Than One Brand!
In the world of digital currencies, many newcomers have only heard of "Bitcoin" and assume that the entire crypto market revolves around it. However, just as the automobile industry is not limited to a single brand, the crypto world is also filled with innovative projects and diverse digital assets, each with its own unique applications and features.
Bitcoin: The King, But Not Everything!
Bitcoin is the first and largest cryptocurrency by market capitalization. It is considered digital gold and serves as a store of value. But that's not the whole story! If we compare Bitcoin to brands like "Ferrari" or "Lamborghini," which are luxurious and powerful, other cryptocurrencies can be likened to different car brands, each with its own unique functionalities and purposes.
Altcoins: The Major Players in the Crypto World
Ethereum (ETH): If Bitcoin is Ferrari, Ethereum is like Tesla—a platform that has paved a new path in blockchain technology. Smart contracts and decentralized applications (DApps) run on its network.
Polkadot (DOT): Polkadot is like a versatile car, such as the BMW X5, allowing interoperability between different blockchain networks and enhancing cross-chain communication.
Chainlink (LINK): Chainlink is akin to a secure and smart car like Volvo, acting as an oracle in the blockchain space, connecting real-world data to smart contracts.
Solana (SOL): This cryptocurrency is like a sports car, such as Porsche—fast, scalable, and with low fees, making it highly popular among developers.
Cardano (ADA): Cardano can be compared to Toyota or Honda—stable, secure, and equipped with innovative technologies aiming to solve blockchain scalability issues.
Is Altseason Coming?
Altseason is a term referring to a period in the crypto market where altcoins (cryptocurrencies other than Bitcoin) experience significant growth. This typically happens after Bitcoin stabilizes or when investors feel that Bitcoin has reached a short-term price peak.
Some signs of an approaching altseason include:
Bitcoin dominance rising and then declining (indicating a shift of capital from Bitcoin to altcoins)
Explosive growth in certain altcoins, signaling increased investor interest in alternative projects
Improved macroeconomic conditions and increased liquidity in the market
Just as the automotive world is not dominated by a single brand, the crypto market extends beyond Bitcoin. Major projects like Ethereum, Cardano, Solana, Polkadot, Chainlink, and many others offer diverse use cases worth exploring and investing in. Given current market indicators, we may soon witness a powerful altseason where altcoins experience substantial growth. Therefore, it's essential to look beyond Bitcoin and view the market from a broader perspective!
good luck
BTC.D Capitulation Liquidation candle. Bitcoin's price hovers around $97,000 on Wednesday, following a 3.5% drop the day before. David Sacks, President Trump’s crypto czar, has announced plans to assess a Bitcoin Reserve. Meanwhile, traders on the Bitcoin CME are adopting a cautious stance, advising investors to steer clear of leverage at all costs. As uncertainty and volatility rise in the wake of Trump’s supportive crypto regulations, the potential for a Bitcoin reserve is emerging, yet the market remains turbulent due to tariffs and broader economic challenges.
Additionally, Bitcoin is bracing for fluctuations as FTX prepares to start repaying creditors on February 18. The beleaguered exchange, which filed for bankruptcy in November 2022 with debts estimated at $11.2 billion, is set to disburse payouts that could reach up to $16.5 billion. To facilitate this, FTX is actively selling assets and investments in tech companies. This development is pivotal for those impacted by the FTX collapse, sparking significant interest within the cryptocurrency community.
In 2018 and 2019, the BTC.D chart faced rejections from the 60% resistance zone during the bearish years that followed the explosive bull run of 2017.
Now, we find ourselves in a different scenario, with a retest happening in a bull run year post-halvening. While it’s too early to declare the end of the rally, the usual indicators for a BTC bull peak have yet to signal a positive trend.
From a technical standpoint, BTC.D has the potential to climb to 63.84% and possibly reach as high as 72.5%. This development could spell great news for Bitcoin while casting a shadow over the altcoin market.
This shift might be driven by consistent demand from ETFs and institutional investors for Bitcoin, leaving altcoins in the dust until later in the year.
However, some speculators believe that the recent liquidations over the weekend may have drained enough leverage, allowing altcoins to begin their recovery and, at long last, outshine Bitcoin. We await the unfolding drama with eager anticipation.
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark.
In #ElliottWave, this is Cycle Wave C (turquoise).
Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play.
The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins.
#Harmonics are showing #Cypher Patterns, a combo actually, on different degrees.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Cycle C (turquoise)
* Harmonic Patterns: Bullish Cyphers
* 88.6% Fibonacci Retracement
* Break-Out with Divergence
* Leading Diagonal in Primary Wave ① (white)
Conclusion:
After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction.
Alt Season to start and deliver, based on #BTC losing ground.
After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
Skyrexio | Historical Moment - Retail Altcoins Capitulation!Hello, Skyrexians!
Hope your deposits are alive. We warned you yesterday that Altcoins Dominance is weak and today it dropped significantly. Most of traders have average deposit drawdown -50-70% and this is capitulation dump. If price will bounce now they will definitely sell. This is psychology of weak hands, it's useless to argue with this. I (Ivan) personally bought all last 3 days altcoins with extra 40% of USDT which I have after last purchases in August 2024. Now I have 30% of stables. I am ready to be out of position for these money, but if I will be lucky the bottom is going to be catched.
Let's go to analysis. Weekly CRYPTOCAP:BTC.D time frame is showing that this week can be closed with the third red dow on Bullish/Bearish Reversal Bar Indicator . If this will happen we will finally see altseason. I wanna show you beauty of Elliott Waves. You can see that wave 3 reached the 1.61 Fibonacci level. Then wave 4 reached 0.5 retracement. It gives us extra confidence.
Final target of wave 5 could be already reached inside the 63-67% green box. Here we need to see the lower time frame to get the precise target.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Double Bottom Pattern: Bitcoin Total Domination Last week my post on Bitcoin dominance played out faster than it was expected.
(see related)
This indicator broke out into 60-70% area.
So, I switched to a weekly time frame and spotted a classic reversal pattern called "Double Bottom" in the making for you.
Let's break it down.
We have two bottoms highlighted with yellow arcs in the same area.
Indicator eyes the middle top between bottoms, it is called "Neckline"
Now, let's breakdown buying technique:
1) buy entry is at the breakout above Neckline (green dashed line)
2) stop loss is at the valley of the right bottom (red dashed line)
3) target is located at the depth of the right bottom from the Neckline.
in our case it can't be higher than 100% and is set at the maximum (blue dashed line)
Its amazing that technical analysis could predict things that out of our scope as yet.
Mid-February, Btc.d peaks and the altcoin rally may start.Trust fibonacci.
It is clear from Fibonacci extensions that we are close to the peaks in Bitcoin dominance.
Fibonacci circles also give us ideas of both resistances and time periods.
In my opinion, Bitcoin dominance will peak in mid-February and the altcoin bullrun may begin. Bitcoin dominance will bottom at the end of May 2026.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.