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When would Altseason take place based on btc.d historic dataThere are many parallels displayed in a few alts like Bittorrent and ASD which got ahead of themselves. Some coins are way ahead compared to many others which have barely moved or met an all time high, it makes no sense to state bullrun is over or even that altseason has already happened. If we review the correlation many alts had to that of Bitcoin from the lowest price hit between 2013 and 2017, it's quite plausible to suggest this is an extended bullrun that will last until interest rates go up sometime in the summer of 2022, until then the party continues as follows. Some alts like Band have copied a very similar price action to that of Ethereum in the early days, others like Algo have been more similar to the early days of xrp from December 2014 peak till now. Will Btc dominance repeat an October 2020 fractal? December 2019 fractal? or perhaps an October 2016 fractal, only time will tell.
CRYPTOCAP:BTC.D
by axelrodd
2
My Alts Season Agenda Historically, BTC.D takes over the market in ATH Q4 cycle; specifically starting in Sep. That said, I plan to exit all my Alts to BTC by the end of this month to optimize my gains. In other words, the Alts season maybe short-lived till the end of this month. Then it’ll kick back in by November & December. Of course this is a historic outlook… what rules in the end is the BTC.D & the retest of BTC to the 20W SMA. These will be my triggers as we get close to the end of August.
CRYPTOCAP:BTC.DShort
by eBlockChain
BTC.D Dominancealt season is not over . pump coming for alts soon or later ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
CRYPTOCAP:BTC.DShort
by Crypto-IR
BTC.D Bitcoin Dominance - Elliott Wave + Alt Season!- Update for BTC.D chart on the weekly timeframe. - The chart is showing us that bulls are forming an ascending triangle. - Which is something we do not want to see, if we want ALT SEASON! - However, i bealive the index will continue to drop down after the triangle plays out. - The triangle can also morph into a bear flag, which is something we want to see on the other side. - This is my Elliott Wave count, if you have something better, please let me know in the comment section down below. - 200 moving average is a strong resistance, so keep that in mind! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
11
What to do with Altcoins? 🤔🤔Many people ask for an analysis of altcoins. What to do? When to buy? When to sell? I get questions like this in my personal messages every day! Let's figure out what to do. The bitcoin dominance chart clearly shows that the price has broken away from the significant 40 mark. After that, it has been moving in an uptrend for a month, which is not good for altcoins. The price has now entered a zone where the fate of all altcoins will be decided. Bitcoin dominance - 2 scenarios: a)If bitcoin dominance breaks the upper resistance level, then all altcoins will start to decline further and the best solution is to sell. b) If bitcoin dominance breaks the lower support level, it will be a good buying opportunity and the altcoins will rise well. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
CRYPTOCAP:BTC.D
by Yuriy_Bishko
19