BTC.D Continue to fall1,2,3,4
Assuming the current small formation will break down bearishly
I still think BTC will however go up, while dominance drops.
Early 2022 will be big
Btcd
BTC.D SHORT to 34.5%• No real change from my original post on BTC.D SHORT.
• Just some minor adjustments to update the chart.
• Furthermore, I’ve put in Elliott waves to further highlight the similarities between this bullrun and the previous.
• Wave C will become more apparent when the 20W SMA crosses over the 21W EMA.
• By the way, as per my original post on BTC.D SHORT, NFTs are booming.
BTC dominance showing when ALT season will start !below 43.4% The market will recover. Including Bitcoin, Ethereum, ALTs and so on.
Above 43.4% it will consider breakout from range and we will see some price drop on numerous ALTs.
Below 40% It is officially ALT season 2022.
CCC.io
BTC DOMINANCE - BREAK OUT!As you can clearly see on the BTC Dominance chart, BTC is finally breaking out of a downward wedge that is has been trading within dating all the way back to September 2019. Keeping a close eye on this chart/trend is crucial as it provides the guidance one needs to determine whether their portfolio should be more heavily weighted towards BTC or Alts.
A Comprehensive Guide to the Bitcoin Dominance (Part 2)Hello Traders. In this post, I will be continuing the narrative of how alt seasons are initiated when used in conjunction with the price action of Bitcoin. This is a revised update for 2022 on how we can continue to understand and build upon the flow chart model I have created last year on understanding the flow of money between Bitcoin and Altcoins in relations to the Bitcoin Dominance. With that being said, we may be seeing the first early signs of a potential alt season looming for the coming weeks/months for a major cycle run on altcoins.
We will take a deeper dive into the theory of the Bitcoin Dominance while also respecting my flow cycle that I have previously created last year that is still applicable to the current market situation, as it remains to be the tried and true method of understanding the flow of fiat within the markets.
Many analysts are currently predicting that Bitcoin is now under heavy selling pressure; however, many analysts also persistently argue for the fact that the bull market is still in tact. Instead of trying to find opportunities in Bitcoin, it is probably a great time to start finding opportunities in the altcoin markets.
As a continuation to the Bitcoin Dominance theory, this chart represents a comparative analysis (fractal) to the 2017-2018 bull run of altcoins and how they have managed to outpace Bitcoin while price action remained bearish for a brief period of time (5 weeks), while the Bitcoin dominance has witnessed a sharp drop on the percentage metric.
The above Bitcoin Dominance flow chart model is one potential predictor of where the markets could go as we are still seeing most investors and traders heavily invested into altcoins, even with Bitcoin reaching new all time highs. The model suggests that money flows from fiat into Bitcoin, down from large caps, through mid-caps to small-cap altcoins before going back into BTC and, ultimately, back to fiat. Although a few factors have changed due to the increase of new categorical coins such as NFT's and DEFI, it still remains largely the same in terms of how money flows between Bitcoin and Altcoins with the Dominance tied.
The chart I have presented above is a work in progress because it shows what happened in 2017 when Bitcoin made a correction as altcoins continued to move forward against Bitcoin. If the 2017 scenario repeats itself in any rhyming fashion, the Bitcoin dominance could continue to rise until for the time being, then fall as a potential alt season accelerates once again. If the cycle repeats, it could still launch the alt markets to stratospheric highs anytime during the year 2022, especially how some altcoins have not reached their previous ATH's (All-time highs).
Bitcoin Dominance 29/01/2021we have a trough analysis of bitcoin dominance over the cryptocurrencies world
as we can see bitcoin may lose its dominance and let other alt coins pomp
so it is a good time to invest and trade altcoins
Altseason Coming?Bitcoin dominance testing lows.. if this breaks we can expect Total2 to take off, signaling a new alt season.
To be honest, would be nice if BTC could just be the tide that floats all boats instead of making us trudge into the wind here. Expect lots of volatility in your alts.. Have a plan or get ready to hodl.
Do you own research, not a financial advisor.
Old McDonald Had A….…FARM!
E, I, E, I…O!
And on that Farm he had a….imminent breakout!
All jokes aside, FARM appears to be on the brink of a parabolic move upward, meaning that it’s certainly NOT the time to sell the FARM. Additionally, you can also harvest any FARM you hold to earn an additional 15-30% APY @ harvest.finance.
Jump in, the water is warm.
BTC dominance breaking to the downside - ALT time.After strong supportive price action around 40%, BTC dominance is showing weakness. Aligned with time horizons of the altcoin season. Fingers crossed.
Altseason Almost Here!!!Ah yes it feels a little bit old saying this over and over again but BTC.D is being very stubborn and is holding on by a string lol, it looks like we could be in for an explosive altseason coming sometime soon... fingers crossed lol. We are finally seeing a decent push down below the 40% level which has given us lots of trouble recently and hopefully we can continue that drop to our 39.50% level which is absolutely key. Personally i believe if we do cross this mark soon and close below a couple times that will be our confirmation of altseason, we have no support underneath here unless we factor in price action from 2017-18. Looking at the BJ key levels we notice that we are slipping once again below the key resistance level that was recently support and this is our last key level for the downside and also plays into my reasoning of a fall below 39.5% triggering a big fall to the downside. Another interesting indicator, the bollinger bands, are beginning to squeeze down on price action and the longer and tighter this goes the much more explosive move we are going to see, the only problem is it doesn't indicate which direction, but for this scenario i think the guess is very easy on where we are headed. We are also trading in the bottom half underneath the midline which is a good sign, this also gives us the opportunity to trade down and to grab ahold of that bottom band on the BB's this can also trigger a big downside slip, and notice exactly where that bottom band lays.. right below that crucial level at 39.5%, another great reason to believe altseason is on the horizon. The EMA ribbons are starting to spread out and push down on price action, this shows us that the bear pressure is building up and is going to continue building up, i say that because this indicator does not turn on a dime and takes quite awhile to see a full scale reversal. We aren't even fully spread out either we are considered pretty compact or tight still, what we wanna see play out following this TA is the ribbons continuing to push down on price action and aswell as spread out further creating big space between the ribbons like we have seen previously, if you look back on big price moves you will see the EMA ribbons are much more spread out than they are now and thats what we are looking for and i think is what we are going to see once this 39.5% level breaks, we have the bollinger bands ready for an explosive move to the downside and then add the massive pressure from the EMA ribbons, we could see a much lower BTC.D and a perfect recipe for altseason! Not financial advice just my opinion!
BTC.D: massive daily bullish divergence! 2th post.We can clearly see a bullish divergence on the daily. This is going to pump btc price up and drain alts a bit. I anyway hold my alts and dont sell them cause after btc will pick we’ll have a January2020-like alt season!
This is a continuation of my last post which i will relate under here(BTC.D:massive weekly bullish divergence). We have bullishes divergences on almost every timeframe. Also notice the stochastic rsi oversold and ready to pump (both on btc and btc.d)
Its clear how btc is showing enormous strength these days. Don’t misunderstand me: i know btc is not pumping to the moon like most of you wanted.
When i say strength i intend making you understand that there was a lot of selling pressure (due to china trading ban). This has given the possibility to many whales to accumulate huge quantities of btc. Its clear we will have a rally and btc will hold the line. Its just about time! Have faith!!
Here for you, as always, CryptoSoap!
Follow me on twitter, i post btc and alts analysis!
BTC.D:massive weekly bullish divergence!A huge bullish divergence has been forming in the last months. We could have very soon a btc rally or crash which will take the altcoin cap down. It will probably go down more from here and it will form a clear bullish divergence!
here for you, as always, CryptoSoap!
BTC Dominance: Which Scenario is Going to Happen?Bitcoin Dominance is on the edge of a big move either upside or downside. %40 is an important level for bitcoin dominance to support. If dominance can't bounce at this level it will go straight down %30 which is actually an altcoin party!
In another scenario bouncing at 40 will make a bloody hell for altcoins!
A weekly candle below this level will confirm the first scenario and the other scenario depends on bouncing at this level.
BTC.D Daily TA : 12.26.21 : $BTC.DAs you can see in the bitcoin's dominance chart at weekly timeframe , we see that the candle has reached an important support level, And if the price reacts positively, bitcoin is likely to grow in the short term, and if that support is lost but the bitcoin price starts to rise, there is also the possibility of a small party altcoin. Note that we are only examining the possibilities and that decreasing or increasing the bitcoin's dominance can have different effects on the price, and we have only considered one or two cases. For more information about Bitcoin's dominance and its effects on the price and market, you can Google it and get good information .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 26.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
🔥 Bitcoin Dominance Below 40%: Alt Season Ahead?As of today, the Bitcoin Dominance Index has gone below 40% again. This means that BTC's market cap is lower than 40% of the total crypto market cap.
Historically, a fall in Bitcoin Dominance means a strong alt season is on its way. See Jan-May 2020 for example.
The 40% support has been holding for the enterity of the current-bull cycle. If we manage to the week below 40%, we might see a further fall, which would be amazing for alts.
If we look back at previous tops (2018, 2020 mid cycle) we can see that tops occurr after a massive fall of BTC dominance. Since Bitcoin is currently not even close to its top, this might indicate that Bitcoin has more upside if BTC dominance keeps falling.
My target for the coming months would be 30%. This could potentially be the area where BTC will top, we'll see by then.
Happy trading!
BTC.D (market cap dominance %) AnalysisPrice is ranging between supply and demand and current sat in a demand zone where it created a new HH but also a new LL. There is a weekly demand zone below where I’ve refined the daily demand zone within. Price could either navigate to the top of the range or go for the below demand zones which would be good for ALT coins.
BTC.D DOMINANCE OF BTC.........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
BTC.D can rise#BTCD
Bitcoin Dominance is above long term support zone and inside a daily support zone, also there is a descending parallel channel that dominance is above middle line. BTC dominance can head up to break out from upper line of channel to touch daily resistance zone and divergence of RSI help this scenario.
but if dominance reject from upper line, it will drop to long term support zone.
so better to take your profits of spot orders to be able to buy dip again.
btc.d rollercoaster triple bottomBitcoin dominance rollercoaster ride into..
just a triple bottom pattern in the making.. lets see where this is taking bitcoin to...
oh and on this time frame there is also an smaller W pattern which could be the start of a new leg up.
Lets goooo
btc dominance analysesbtc d will go down to the strong area in the chart, after that it will rise to the top with the entry of new liquidity to it and it will achieve a strong rise for bitcoin and will seize 45% as a first target and 48% as a second target
My Idea | BTC.D | December 20th 2021Another idea for the public. This time we look up for BTC Dominance on the market.
As we can see, the dominance of BTC is decreasing as the other coins / tokens pops up to the market.
And, the market seems to response this by searching (or creating) "the next bitcoin" as we may remembered this phrase many times we've heard since the crypto popularity after the China ban hammer. But, as many as "the next bitcoin" shows up, most of them failed, but some of them i.e. ETH and BNB adapt and dominated the market after BTC.
My concern for BTC, the domination will be rising for early next year, though we never know for sure.
That's for the BTC.D analysis. Hope the best for the market.
*This is not some sort of a signal to buy or sell. Your money your responsibility.
BTC.DAltseason coming ?? ..........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
BTC.DAltcoins are in a deplorable state because bitcoin dominance is rising and whenever it is rising, altcoins will fall.
My prediction is that the level of dominance I have specified will increase and the situation will not be interesting for Altcoins.
