Get started

Btcd

Bitcoin Dominance : PrepareHello Team, This chart views the Bitcoin Dominance, it calculates Bitcoin's current share of the global cryptocurrency market cap. As you can see the Bitcoin Dominance chart is at resistance from a weekly consolidation zone. If we break this resistance level we can see a continuation in the Bitcoin price towards 30K and beyond while most of the money flows from Alts into BTC. During a typical bull cycle money will flow into Bitcoin while most of the alt-coins do not have much action. Then when Bitcoin starts to come back down money will flow from Bitcoin back into the Alt-coins. Keep your eyes on this significant level. A break from this consolidation will provide us more insight on the movement of the cryptocurrency market. Enjoy!
CRYPTOCAP:BTC.DLong
by GenesisGo
4
📈 Bitcoin Dominance (Update by request)This is a reply I gave to @cryptoninja1998 in a comment, his question was the following: " What are your thoughts on BTC dominance and the possibility of it turning back down (rejecting off 50% level), thus giving a push to the altcoins? " First, I wouldn't focus too much on the BTC Dominance chart to look for a certain type of action on the "Altcoins" side. The Altcoins is a set of Cryptocurrencies that ranges in the tens of thousands, and the "Altcoins" can grow in one way or the other while BTC Dominance does whatever it does. The Altcoins are set to grow based on the normal market behavior, that is, if Bitcoin is really strong, everything stops and Bitcoin moves forward. When Bitcoin takes a break the Altcoins move forward. The Altcoins vs Tether pairs tend to move together with Bitcoin in groups with a slight delay. Maybe the big ones move together with Bitcoin now while the others either consolidate or go into correction mode. In another occasion the mid-sized ones move with Bitcoin and in yet another occasion the smaller ones. Money enters the market through Bitcoin and from Bitcoin it flows to the Altcoins. Since the market cycle is always changing/evolving to the next phase, the next time Bitcoin goes up, how it affects the Altcoins is not the same as when it happened in January this year or for example, it is also difference then when it happened back in July/August 2022. This time when Bitcoin takes its break the Altcoins can grow really strong and recover weeks and sometimes months of correction in just a few days. Those consolidating move ahead. I would focus on each chart individually and just use the relation between the indexes and my desired pairs for the overall market view but not to know when to expect a certain move. The truth is that they are just too many Altcoins to speak in general at this point. The way that BTC.D affects Cardano, Floki, Namecoin, DigiByte, Monero, Stellar or Contentos is so different that we have to look at each one of these apart. Let me know if that answers your question. Namaste.
CRYPTOCAP:BTC.DLong
by MasterAnanda
3
BTC.D is putting in a major bottomAnything that follows is not to be taken as financial advice. As you can see from this weekly chart, Bitcoin dominance has been trying to paint a low since may 2021. I've had that 48.20% horizontal ray placed for almost two years, and we can observe how it's been already tested four times so far in the course of said time. While that level has been working as a resistance so far, price action doesn't look very intimidated by it. The way I look at it, a range break to the upside would be the most plausible scenario. Considering for how long this chart has been consolidating, looking for a move up to about 53% is highly probable, and one to about 58% is still very realistic. Furthermore, by drawing a measured move from resistance to bottom, and then applying it over the resistance, it becomes more obvious that anywhere around the 58% level would be an important area to consider this idea as played out. In order to confirm this as a major bottom, I'd need to see a convincing weekly close above the 48.20% level, until that happens, all that's been said remains in the realm of potentiality. Were there to be such a close, the entirety of the following upside move would very likely take various months.
CRYPTOCAP:BTC.DLong
by Andewyl
1
📈 Ultra-Bullish Bitcoin Dominance Before 2024 Bull-Market |54%+The Bitcoin Dominance chart is now ultra bullish as it moves past EMA100 weekly for the first time since November 2020. This is happening with rising volume and strongly bullish indicators. It cannot be stressed enough just how bullish this chart is. Only the actual results will be able to express what I am seeing. BTC.D is set to move to 54% or even higher. Bitcoin is set to grew through April or even more, maybe even until early June 2023 before the major long-term correction and consolidation phase in anticipation of the 2024 bull-market. Namaste.
CRYPTOCAP:BTC.DLong
by MasterAnanda
16
$BTCDOM/USDT 2D (#BinanceFutures) Big falling wedge breakoutBitcoin Dominance Index seems about to reverse, ahead of the Ethereum Merge it's an opportunity to hedge against big Altcoins. ⚡️⚡️ #BTCDOM/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2X) Amount: 11.8% Current Price: 1197.3 Entry Zone: 1192.8 - 1144.0 Take-Profit Targets: 1) 1168.4 2) 1380.2 3) 1469.0 Stop Targets: 1) 1069.7 Published By: @Zblaba Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05 Expected Profit= +21.08% | +36.26% | +51.46% Possible Loss= -16.90% Fib. Retracement= 0.382 | 0.559 | 0.702 Margin Leverage= 2x Estimated Gain-time= 3-4 months Tags: #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance Component Info: www.binance.com
Long
by TradingOn
Bitcoin Bleeding Started!More Pain To Come!Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down to ~22.8 and hold this range for weekends.OR hit ~21.7 (over 4M liq cluster there) and then bounce back to ~22.8 holding that range again for weekends. CVD is negative and Open Interest is going down indicates more sell pressure Detailed Explanation on the video - Also the new mic is comin today Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
2
Weekly Double-Top Target not yet ReachedThis is an alternative idea to heading up from here, based on a long-term target from April 2021. Around early to mid-April of 2021, Bitcoin Dominance confirmed a double top. Following that we hit and surpassed the measured 1x target (TP 1 on the chart above), and have since consolidated around it. However, we have yet to hit TP 2, or the measured 1.5x target - and... in crypto, we often see 2x measured targets reached when dealing with strong patterns like these. Now, while we very well could see a 3rd swing high, or it could even just turn up from here and go back towards where it broke down in April, as many are indicating: - I think it is still possible we see it turn down from right around here at TP 1 (or even from a 3rd swing high around 48-52%) and head down to TP 2 @ 38% or even down to 32%.
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
📈 Bitcoin Dominance To Hit Its Highest Level In 2 YearsBitcoin Dominance has been trading above EMA10 since December on the weekly timeframe and is now gearing up to move to its highest level in two years. All the technicals are really good/strong/bullish and the stage is set for Bitcoin to shine. The initial jump will push BTC.D to 47%. This will be followed by an even bigger rise to 52-55% dominance and finally 60%. Long, long-term it can go even higher based on what I am seeing coming from this chart. Namaste.
CRYPTOCAP:BTC.DLong
by MasterAnanda
9
new analysis It's really hard to explain this but we have a slight downpour, and then about 1 month to 45 days the market is bullish, and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%, and then we have a terrible fall that many currencies will be destroyed if you like analysis with me. Join me and make a profit to message me or comment I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
CRYPTOCAP:USDT.D
by aryanattar
2
💥USDTNGN - TO RALLY ABOVE 760 OR DROP TO 730NAIRA is currently indecisive with CMP sitting at 751.8 per dollar. A breakout from this triangle to confirm Naira next direction. An upward breakout above the resistance zone toward 760 will make NAIRA super bullish to 777 and 800. A downward breakout will drop price to 735 or more. What do you expect?🤔 An upward breakout or a drop?? Not a financial advice 🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a 👍 if you find it useful😋 Happy Trading💰💵💸
U
by PetrockTheAnalyst
6
Bitcoin Dominance Is About To Shoot Up!Bitcoin Dominance hit bottom September 2022 and is now trading within a higher low. We have a bullish consolidation pattern and early signals of a possible bullish jump. The signals are not yet there but seeing how the market is behaving, going through dozens and dozens of Altcoins and other indexes, we see this one going up. Bitcoin breaking a short-term resistance level with bad news all across is a strong bullish signal as well. So we expect BTC.D to move up accordingly. Namaste.
CRYPTOCAP:BTC.DLong
by MasterAnanda
7
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Looking at the daily timeframe, the last week’s rally has come to a halt, as the price is yet to break above the $21K mark. The 100-day moving average is currently acting as an obstacle, rejecting the price to the downside. Thus, a short-term correction has seemingly begun over the last couple of days, and the price may retest the 50-day moving average, located around the $19,500 level, which would be considered a significant dynamic support level. In case of a pullback to the 50-day moving average and an eventual bullish breakout above the 100-day moving average, the significant $24K resistance level and the 200-day moving average, trending around the same area, would be the next likely targets for the rally. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BITCOIN DOMINANCE: A RALLY EXPECTED!Shalom traders! I hope your weekend went well. Another week we ended up with some good profits and BTC still holds the support level. Today, we will analyze the BTC dominance chart and what this could mean for the market. Timeframe: 3 days. Update: BTC dominance has been a helping hand for the traders to analyze the upcoming move on BTC. As we can see in the chart that the BTC.D is under a trendline and it has been beautifully following it. According to the chart, we can expect a rally on BTC.D in the upcoming days which means BTC and altcoins in the BTC pair may possibly rally. The invalidation point will be the lower supporting trendline at 38.8%. That's it from my end. Thank you.
CRYPTOCAP:BTC.DLong
by Dexter_The_Trader
7