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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
CRYPTOCAP:BTC.DShort
by mehdi_kb
6
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.
CRYPTOCAP:BTC.D
by BallaJi
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.
CRYPTOCAP:BTC.D
by EW4X
1
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!
CRYPTOCAP:BTC.DShort
by Skyrexio
4
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.
CRYPTOCAP:BTC.DEducation
by aibek
3
Ethereum Has Broken The Point of Control -3700 Next- Alts FollowTrading Fam, This Ethereum pullback since December has been rough, but I think we've seen our local bottom as Ethereum bulls take the helm again. One of those bulls happens to be Trump. Does he know something we don't? I don't know what Trump does or doesn't know about Ethereum but I do understand what this chart is telling me. First of all, you guys all know that I love my proprietary indicator which was hand coded by Mr. Claude AI. When we have high volume large cap alts and stocks, this thing almost never fails to be right. Ethereum meets this qualification and you can see that my Dots and Blocks indicator has given me a GREEN DOT right inside a large liquidity block! This is fantastic and surely means more buying will ensue. Indeed it has. We are currently breaking above that VRVP point of control which intersect with our descending trendline. This is hugely significant! Our next stop then should be around 3700 for Ethereum. And since Ethereum tends to lead our altcoin market most, I tend to believe our alts are going to follow Mr. Ethereum up. Our BTC.D chart agrees: And it's looking like the OTHERS chart does too! If you've had patience thus far, I'd encourage you to hang tight just a bit longer. I sense good things are coming your way for both Ethereum and our altcoin market. ✌️ Stew
COINBASE:ETHUSDLong
by stewdamus
BTC Dominance Breakdown = Altseason Incoming?BTC dominance (BTC.D) has broken down from key support, signaling a potential altseason ahead. The breakdown below the 54.11% – 54.85% support zone suggests capital rotation from Bitcoin into altcoins, which could trigger major moves across the altcoin market. If you find our work helpful, please like, comment, and follow us for more market insights—all in one place! Stay updated on Forex, Commodities, Crypto, and Global Indices with expert analysis.
CRYPTOCAP:BTC.DShort
by unichartz
24
We’re Getting Close to Altcoin Season | Pattern from 2021CRYPTOCAP:BTC.D is showing a pattern eerily similar to what we saw in 2021. Here’s how it played out back in 2021: Stage 1: After the 2017 alt season, we saw a W-bottom pattern form. Stage 2: An uptrend emerged after breaking through the neckline of that W-bottom. Stage 3: The real altcoin season kicked off as #BTC.D broke the uptrend line, and the market went crazy! Now, let’s fast forward to today: Stage 1: After the 2021 altcoin season, we’re seeing a multiple-bottom pattern. Stage 2: An uptrend formed after breaking through the neckline of that pattern. Stage 3: This is where we are now—the wild altcoin season could begin once BTC.D breaks the uptrend line!
CRYPTOCAP:BTC.DLong
by Harold_123
13
EOS The Ethereum Killer (Part 2) - HODL & FuturesCOINBASE:EOSUSD finally found a Bottom, similar to what CRYPTOCAP:XRP did. I was able to go #Long on decent Levels, both on #Futures and for #HODL. Took profit on the #Bullish Swing for the #Futures #Trades, and remained #HODL mode. * all well documented in the related ideas. Now I am loading #Longs on $EOSUSD. Even though BINANCE:EOSUSDT can correct more, I am in! For #HODL I am aiming long-term, but for #Futures #Buy #Orders, I will cash in sooner. What Happened With COINBASE:EOSUSD ? While MARKETSCOM:BITCOIN was shining high, this "worthless piece of token" did not do much. However, it did something important: COINBASE:EOSUSD confirmed the #ElliottWave 1. Where Next #EthereumKiller ? BINANCE:EOSUSDT provided the proof of an up-coming #Impulse, also made the #Correction. It's expected to #Rally and go #Bullish. #EOSNetwork #TechnicalAnalysis - #ElliottWave #Bull: Intermediate (A) (turquoise) - #Correction: Intermediate (B) (turquoise) - #Bullish & #Bearish #Fractal - #Fibonacci Retracements * Expectations: #MotiveWave / #Impulse in Intermediate (C) (turquoise). My #Long Levels On BINANCE:EOSUSDT - Entry @ 0.8 USD - SL @ 0.3 USD - TP @ 8 USD This rise in COINBASE:EOSUSD could be the result of CRYPTOCAP:BTC.D (#BitcoinDominance) making the #Correction. All this while CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS making their point.
HITBTC:EOSUSDLong
by EW4X
37
Skyrexio | Bitcoin Dominance: Altseason Is About to Be CancelledHello, Skyrexians! We know how you wait for the altseason, but market is about to make the new shakeout! The CRYPTOCAP:BTC.D drop in November 2024 gives us the belief that all altcoin holders will be rich, but it has started to go up again with slow altcoins bleeding. Now we have the last chance to be saved. If now, say hello to new lows for altcoins. Let's take a look at the daily chart. Dominance dropped after printing the Bullish/Bearish Reversal Bar Indicator . We still count this wave as the wave 1. The wave 2 in our opinion is happening now. This wave has the ABC shape which has the chance to be finished now inside the Fibonacci 0.618 target area. Moreover we can see red dot on the indicator. Next week will be decisive for crypto market. If dominance will decrease from here we will see the altseason soon. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
2
Bitcoin Dominance targetsMany people now waiting BTC dominance over 60%. I dont think so we will go so high! CRYPTOCAP:BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin 51.20% was a previous support for BTC dominance in 2020 now its can be like resistance Locally we formed triangle with fake out 2 possible scenarios for Btc dominance marked on a chart Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100% Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
CRYPTOCAP:BTC.DShort
by Crypto4light
1
Bitcoin Overshoot - Last Bullish Swing - 5th WaveMARKETSCOM:BITCOIN #trading was good to me. I was able to predict and ride the #Bullish #Cycle like a pro. Trade Recap From the $17K I was actively looking for buys. Also entered BITSTAMP:BTCUSD #Long from the GETTEX:25K mark, on the #Break-out. At the Wave 4 Completion and 5th Wave Break-Out, I went Long again on $BTC. At $100K Milestone I cashed it all in, I was a bit weary... All well documented in the previous #Bitcoin Idea. What's Next For MARKETSCOM:BITCOIN ? I am entering the Last Long, to ride the 5th of 5th Wave. After this #Bull #Swing I am expecting a considerable #Correction. After the push, some wild moves will occur, and that's because of the CRYPTOCAP:BTC.D (BTC Dominance). CRYPTOCAP:BTC.D Correction in Wave 2 will pave the way for $Altcoins (#Altcoins), thus the $Altseason (#AltSeason) to start. Yes, MARKETSCOM:BITCOIN shall fall, while the CRYPTOCAP:OTHERS ( CRYPTOCAP:TOTAL3 ) would most likely grow in #TotalMarketCap. * You can see the related ideas for more clearance. BITSTAMP:BTCUSD / BINANCE:BTCUSDT - #TechnicalAnalysis - Elliott Wave: #Impulse Confirmed (5th Wave) - Mar '20 - Apr '21 #Fractal (orange) - #ATH Break-Out & #Support My Levels For Longs - Entry @ $100K - SL @ $85K - TP @ $145K * After this move, I will take a break and look for #Short set-ups. This is because of the #Bearish #Fractal (red).
BITSTAMP:BTCUSDLong
by EW4X
14
TOTAL3 - ALT SEASON - Bull Swing CRYPTOCAP:TOTAL3 is ready for the Alt Season. #Altcoins will be rockin' the boat in '25. CRYPTOCAP:BTC.D is running out of steam, thus opening the door for #AltSeason to start. The correction on MARKETSCOM:BITCOIN Dominance is the key to #Alts to shine. 1.13T MC has been touched, previous #ATH. Now CRYPTOCAP:TOTAL3 is in a Wave 4 (#ElliottWave Triangle), with Wave 5 of the Larger Degree C Wave about to shoot. Targets between the #Fibonacci Extensions 200-261.8%. That's the 1.5T to 1.8T range.
CRYPTOCAP:TOTAL3Long
by EW4X
Bitcoin Dominance Makes Its Re-Test Perfect Today!Trading Fam, Our retest here on the Bitcoin Dominance chart couldn't have gotten any more perfect. Does this mean that the altcoin/memecoin sell-off is finally nearing an end? Me thinks it does. And with Trump releasing his and his family's memecoins just days before his inauguration, this is a clear sign that he supports the market. Of course, the TRUMP memecoin did suck millions in market cap away from other tokens, as traders arbitraged into the $TRUMP coin. But we could see a bit of a sell-the-news event on this token after his inauguration is complete. Then, traders may sell their profits and move back into older positions again. If you believe this as a possibility, it may be time to start picking up some of your favorite memecoins and alts again. ✌️ Stew
CRYPTOCAP:BTC.DShort
by stewdamus
8
Bitcoin UP x Bitcoin Dominance Down = ALTSEASONCRYPTOCAP:BTC 📈 CRYPTOCAP:BTC.D 📉 = Altseason ✅While bitcoin dominance continues to decrease in February 2017, meanwhile, bitcoin continues to rise and #Altcoin season is experienced for 11 months. ✅While bitcoin dominance continues to decrease in January 2021, meanwhile, bitcoin continues to rise and #Altcoins season is experienced for 11 months. ✅Bitcoin dominance is declining in January 2025 and meanwhile bitcoin continues to rise so we are likely to witness the #Alts season over the next 11 months
CRYPTO:BTCUSDLong
by EtherNasyonaL
Bitcoin Dominance Is About Give a New Life To Altcoins!Hello, Skyrexians! We have already mentioned the importance of different crypto assets dominance analysis. Today we are goin to update the main one CRYPTOCAP:BTC.D . Last month it makes us nervous with the potential intention to set the new high. Current formation looks like a triangle - trend continuation pattern and it scares many traders. Is this nightmare is going to be true, or altseason is coming? Let's take a look at weekly time frame. Now we use the combination of our hand made indicators: Bullish/Bearish Reversal Bar Indicator and Fractal Trend Detector . Trend detector started printing the red candles, the bearish trend late in 2023, but those time this tendency shift failed. This time we have seen two red dot on other indicator and after that trend change. In our opinion this is much stronger confirmation that altseason is really coming. You probably already know that predicted earlier the dominance drop to 27%, but today we are talking about short term forecast, 0.61 Fibonacci level below 50% is the target for February. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
14
USDT.D at Key Support: Altcoin Bull Rally Ahead?USDT.D has repeatedly bounced off the marked red support zone, a strong Fibonacci level at 0.5. This support has been tested multiple times, and based on my experience, I anticipate USDT.D may break below this zone. If it does, it could trigger a bullish rally in altcoins. I believe this is the final shakeout phase, so stay strong and focus on accumulating fundamentally solid coins. Remember to maintain discipline and practice strong money management.
CRYPTOCAP:USDT.DShort
by unichartz