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BTC Dominance. P-Modeling Pt 3. The Holy Grail of Cajun SpiceWelcome Hyperspace Travelers. This is a continuation of BTC.D from 2019. Please start here to see how this idea has evolved. Previous Decoded failures: (Pay attention to structure validity). Press Play and scroll for last updates. Part 2: Excellent Time-Series Validations in PT 3. Both active. Technical Stuffs: Double Nestled Cup and Handle Formation with Orthogonal Phase States. Timeframe 2015-2021 Linear Root w/ Wave Satisfies 0-A-B-C -IN- Linear Root w/ Wave Satisfies C-B-A-0 -OUT- w/Junction at Dominance Low. Nestled Cups has Cypher Validation X-A-B-C-D D- of Cypher Ends Nestled Cup. End of Nestled Cup results in upward movement as expected with a cup/handle formation. Root Vector Defined by Yellow Focal Cup Handle Baseline is 94% Dominance by BTC . Equalization is achieved by Dominance Reset. Multi-Harmonic Validated Handle Root Potential Absorption: 98% in BTC MAX. Scam wick central. Bitcoin to 1000-1500 is achieved with a bitcoin dominance of 94%+ and a total market cap loss of over 1.6+ trillion from current levels. Current BTC price is $45,000. Alts will see a decrease of 95% on avg . This is also due to complete total market cap loss + rise in BTC.D. Target Market cap strike between 80 and 150 billion. Current: 2 trillion BTC dominance increase with Total Market Cap decrease leads to black swan-like event across entire market. In order for BTC.D to go to 94%, we would expect to see a mirror-like move in BTC.USD. This is what it would look like on Macro. ________________________________________________ Trial Three. - Simply shift over Glitch Channel till you find the R000T. Add some shifted linear's, and voila! Surreal Harmonic Validation of ecosystem. Fail or Success? Failure is a necessary component of success. Come for the laughs, stay for the Art. ___________________ Think in Loops. Think in Strings. Begin to connect them. You see weird things... Oof. Tis so Pretty.. But is it functional?... That is the question of the day. Bet your ass, I am shorting this again into the ground. Despite my previous failures. Thanks for Pondering the Unknown with Me, Glitch420 *Disclaimer: If you seizure prone, turn the brightness all the way up for extra eye bleed. This is financial advice.
CRYPTOCAP:BTC.DLong
by Glitch420
12
The altseason goes on, BTC dominance to fallThe altseason goes on, BTC dominance to fall As Hybrid Intelligence predicted, Bitcoin dominance declined as ETH and altcoins (DOGE!) outperformed the first cryptocurrency. As usual, we’ve posted a question about the overall crypto market cap: “The cryptocurrency Market Capitalization settled at 2242B USD at 12:00 PM UTC on Wednesday, May 5. Will the Market cap climb above 2410.2B USD (+7.5%) earlier than drop below 2073.9B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 81% The market cap is set to go up according to Hybrid Intelligence. Our second questions is specifically about BTC dominance: “Bitcoin crypto market share settled at 46% at 12:00 PM UTC on Wednesday, May 5. Will Bitcoin's market share climb above 46.92% (+2%) earlier than drop below 45.08% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 9% Clearly, Hybrid Intelligence expects the BTC dominance to continue to decline. This means the altseason continues.
CRYPTOCAP:TOTAL
by Cindicator
1
Bitcoin Dominance - Repeat of the patternHello, Traders! Bitcoin's dominance has been slipping since the beginning of the year until now. Many coins have rapidly risen in the following the oldest crypto asset. In April, Bitcoin's dominance decline accelerated, and at the moment, its price value has fallen below 50.12 Two time periods are shown for comparison: - 2020 & - 2021 The price value is in the 46.05-50.12 zone, which was the point at which altcoin prices reversed downward in 2018. It is also noticeable that the RSI indicator on the daily timeframe has been in the Oversold Zone under the 30 level for more than a month. We need to be extremely careful and fix profits on the recent purchases, as well as not to enter in risky assets more than 50% of the trading deposit. Enjoy your trades! P.S. This is an educational analysis that shall not be considered as financial advice
CRYPTOCAP:BTC.D
by UnknownUnicorn10064030
11
BTC Dominance possible bounce scenario (just a possibility)Fractal taken directly from when we reached this support zone in the last bull run and saw multiple bounces over the course of many months. The RSI indicates that this is a possibility as right now BTC dominance is undervalued by a few % - every time we have seen this we have seen a bounce. This is not the scenario we want as it means we likely won't see a full-blown alt season for many months (October according to this analysis). Personally, I do not think we will see something like this happen, we may see a bounce or two however I am expecting a drop below that support line in May.
CRYPTOCAP:BTC.D
by spookyblackfly
Altseason continuesThe total crypto market cap recovered to above $2 trillion and many assets recouped their losses from the latest dip. But the dip and the recovery that followed brought BTC dominance to 50%, a level unseen since 2018. Our regular question to Hybrid Intelligence illustrates the view on BTC dominance: “Bitcoin crypto market share settled at 50.34% at 12:00 PM UTC on Wednesday, April 28. Will Bitcoin's market share climb above 51.35% (+2%) earlier than drop below 49.33% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 69% That is a rather uncertain indicator, certainly not bearish (i.e. dominance unlikely to drop lower) but also not strong enough to be considered bullish. It could be interpreted as that dominance will stay within this range between 49% and 51%. Meanwhile another regular question sheds light on the overall trend: “The cryptocurrency Market Capitalization settled at 2039B USD at 12:00 PM UTC on Wednesday, April 28. Will the Market cap climb above 2191.9B USD (+7.5%) earlier than drop below 1886.1B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 88% That’s a bullish sign. The overall market cap is set to increase and given relatively low BTC dominance, it will be driven by other crypto assets. So the altseason continues.
CRYPTOCAP:TOTALLong
by Cindicator
Can BTC Reversals Be Predicted Using BTC.D and LTC?!I recently stumbled upon an interesting correlation regarding BTC.D and LTC. For those who are unfamiliar with these symbols, BTC.D (Bitcoin dominance) is the ratio of the total market cap of BTC versus the market cap of the entire cryptocurrency market and LTC (Litecoin) is one of the first altcoins to gain in popularity (often it is mistaken as the first altcoin, but that distinction technically goes to Namecoin). What is interesting is that when one maps out the inverse of the ratio of BTC.D to Litecoin, one gets an interesting horizontal parallel channel (represented by blue lines) that has predicted reversals fairly accurately for nearly the past 5 years. Note how when the ratio gets near near the top of the channel, a top is in for bitcoin indicating a reversal downward. What is also interesting is when the ratio gets near the bottom of the channel, a bottom is near for bitcoin indicating a reversal upward. Litecoin has commonly been considered to be in lockstep with Bitcoin since its creation, but the trend has actually been trending downward since Litecoin's inception causing this interesting relationship. What is concerning is the price has just recently reached near the bottom of the channel once again during the recent price drops. Will this trend continue is anyone's guess, but I figured it was interesting enough to point out and rather beautiful in its symmetry as well. What I do know is you should NOT take this as trading advice in any way whatsoever. This is not financial advice and is solely my opinion. But also, please like if you also find this idea interesting or comment with your thoughts as well.
CRYPTOCAP:BTC.D
by crypto_trends
76
$BTC/USDTIf we we're able to break this triangle pattern, the market could recover from it's dump. If $51,000 breaks, we could predict for another leg up for bitcoin and in some other alts. Alts market cap is still looking good, btc.d is below 53. Hoping that bull market cycle isn't finish yet. But please, always put stop loss from every trade. Trading alts now is very risky at the moment. I would suggest, wait for the retest of 51k if it breaks before longing any alts and btc. If we failed to break that resistance, we might go to 40-43k level. alts would be bloody, make sure to have an exit plan before it happens. Trade with a plan, and plan your trade. Trade responsibly
by CryptoProfessor
2
BTC.D Bitcoin Dominance Falling - 2021 Altcoin SeasonLooking at the 3-Day chart of the Bitcoin Dominance ratio spanning from the altcoin season of 2017 to now, it looks like history could repeat itself for a 2021 altcoin season. The ratio topped out at 72.04% back in Sept. 6th, 2019 and then retested that same level and couldn't break through it at the end of 2020 going into 2021. From here, the dominance has done nothing but drop like a falling knife. For the past 2 months, Bitcoin Dominance has been steadily falling without anyone paying much notice. The momentum is falling and I think the dominance is on the path to hit the 53 - 58% zone. If the Dominance doesn't hold at 53% we could see another altcoin season 2021 all the way down to the 35 - 40% zone. With all the NFT hype its possible this could be a first catalyst or a catalyst that pushes the real start of altcoin season.
CRYPTOCAP:BTC.D
by kyer
29
Bitcoin Dominance Update, Put Stop loss in all tradesBitcoin Dominance Update Bitcoin Dominance is bouncing from the long horizontal support line and also tests the psychological support of 50%. There are two possible scenarios now. The first one is that Dominance bounced from here and test the 58% resistance area and if breaks above it we see a retest of 64% resistance area. In that case, alts will bleed in the BTC pair. The second case is that Dominance breaks and closes below the 50% area. That will trigger the targets of 45% area and after that 40% area. This is bullish for alts and we see a good altseason in BTC pair. However, there is a low probability that Dominance goes to the 40% level sooner. Alts market is going parabolic since January 2021 and we see huge gains in the alts market already. Check any altcoin chart and you see a parabolic move without any correction. We expecting a correction in the alt market before the next rally start. We will continue to find TA + FA gems that will give good returns in every situation. For now, open every new trade with a stop loss. Keep Earning
CRYPTOCAP:BTC.D
by Bitcoinik