Altcoins potential to start rally!As pointer before by others, Altcoins may be about to start their bullish rally.
The 3 charts indicate:
BTC price history,
BTC dominance (%)
Altcoin dominance ( minus ETH, BTC, in %)
What we see in the chart are 2 possible escenarios:
1- BTC has reached top and is about to drop, like in 2016, leading to the rise in dominance of altcoins.
2- BTC has not reached top, but the incoming BTC short rally will come together with a bigger rally (in relative terms) for the alcoin market. In other words, the BTC price action will be parasited by a capital flip to altcoins.
Keep in mind always may happen a 3rd scenario, risk is always present:
3-BTC has reached its top and will start bear market, plus Altcoins will never see a true bullish market from now on. This is particularly probable, since politics and economics in US has turned in favor of BTC mainly, leaving "most" of the altcoin market as not recognized can be a very bad thing for investor, who are eager to reduce the huge risk this crypto market implies.
DISCLAIMER:
Remember, all of this is speculation of my own, based on others analysis. You are responsible for doing your own research, and this is not a financial advice. This only represents my sentiment and opinion in the market. I do hold several crypto-curriencies, including BTC. You are responsible for your own loses.
Happy trading !
:)
Btcdominance
I Think March Is Gonna Be a GOOD Month📆🔥 I Think March Is Gonna Be a Good Month! 🚀💡
Bitcoin Dominance and the Altseason Setup
🚀 BTC Dominance Update: Bitcoin's dominance currently sits at 61.63%, and we're seeing some interesting developments in the market!
🔹 Back in the Channel – BTC dominance has climbed back into the ascending channel, a sign that it could continue its upward momentum. However, a drop to 58% or lower would be great for altcoins.
🔹 Major Rejection at 64.5% – The recent wick to 64.5% was a clear rejection, which could indicate that BTC dominance may struggle to push higher in the short term. Historically, these sharp rejections have led to potential shifts in market dynamics.
🔹 Will BTC Dominance Hit 71-73%? – Some analysts expect BTC dominance to test the 71-73% resistance, a historical inflection point that has previously led to strong altseasons. While such a scenario could put pressure on altcoins, the market has evolved, and alts have a much larger share than before.
📉 If BTC dominance fails to break higher and starts reversing, we could see a significant rotation into altcoins. Keep an eye on this trend as it unfolds!
🔥 March could be a pivotal month, and patience might just pay off! If you’re interested in deeper insights, check out my Bitcoin Broken Cycle / Delayed Cycle video from today.
💬 Drop your thoughts below! Will BTC dominance climb higher, or are we on the verge of an altcoin breakout?
One Love,
The FXPROFESSOR 💙
PS. I came across an interesting chart on Twitter and wanted to share the insights with you. I have no intention of advertising anyone, nor do I use others' charts without credit—I always create my own analysis. After all, all good legends create and post on Tradingview📊🔍
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
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.
DOMINANCE - the manipulation!The weekly chart clearly shows a confirmed breakdown of the rising wedge pattern.
Everyone was waiting for a retest to buy in, expecting dominance to drop and altcoins to rally—but that never happened.
Why?
Because when everyone expects a move, the market does the opposite.
What actually happened?
-The market shocked everyone with a parabolic dominance surge to 64%.
-Over $182 billion was drained from the market in just two days.
-Altcoins suffered a brutal crash, with some dropping over 50%.
-Most assets hit extreme lows, forcing mass panic selling at heavy losses—which we predicted a week in advance.
-A sharp altcoin rebound happened the same day, while dominance dropped from 64% to 61%, stabilizing at this level.
What’s next?
The rising wedge pattern is still in play, but its targets won’t be hit without manipulation.
I expect heavy market manipulation in the coming days, with dominance fluctuating between 60% and 63%, designed to drain traders’ portfolios—especially futures traders.
The expected price action is outlined in this chart. Take a look, and you'll clearly see how manipulation operates in this market.
Best regards Ceciliones🎯
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.
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
___________________________________________________________
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BTC.D New Update (3D)First of all, pay attention to the timeframe; it’s a daily timeframe, and this analysis is time-consuming.
The subwaves of this index are numerous, even in higher timeframes, which results in multiple technical analysis scenarios. However, we always identify the most probable scenario.
Given the lack of a drop in Bitcoin dominance over the past weeks, despite losing the trendline, it can be inferred that the wave structure of this index is likely not yet complete.
From the bottom, we believe there is a double combination pattern, with both combinations appearing to be diametrics.
It seems that the primary peak of Bitcoin dominance will be within this red zone.
The waves have been marked on the chart.
Overall, it appears that this index intends to hunt a specific area before dropping. Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$BTC.D Short?It looks like BTC.D had its final push up and failed to breakout of its rising wedge. Altcoins saw a 25-35%+ decline in only a few hours which to me it looks like a final shakeout before liquidity pivots into ALTs. BTC.D has broken its 2 year bull run recently and failed to regain momentum.
$BTC.D again above 60% After the tariff tantrum between US, Canda, Mexico and China during the weekend, we saw CRYPTOCAP:BTC again below 100K. But the weekly closure on the weekly chart in the CRYPTOCAP:BTC weekly chart is still not broken. So, the CRYPTOCAP:BTC bull run is still intact with short term hiccups.
But the topic of the discussion is not the CRYPTOCAP:BTC price instead we are looking at the Dominance chart. CRYPTOCAP:BTC.D is again above 60% even if CRYPTOCAP:BTC is below 100K. The Alt Coins have lost more Market Cap during this weekend’s shakeout in comparison to BTC. But it is highly coincidental that the CRYPTOCAP:BTC.D is back at the 0.618 Fib retracement level. The Fib retracement is plotted on the CRYPTOCAP:BTC.D weekly chart. There is no Alt Coin season unless the CRYPTOCAP:BTC.D breaks down decisively. Watch out if CRYPTOCAP:BTC.D weekly close breaks below the 0.5 Fib retracement level. Until then stay long $BTC.
BTC.D at a Critical Juncture – Will Altcoins Take the Spotlight?CRYPTOCAP:BTC.D
The BTC Dominance (BTC.D) chart is at a critical juncture. Here's my analysis:
1️⃣ Key Resistance Area: The dominance has approached a significant resistance trendline. This zone is crucial, as it has historically acted as a turning point.
2️⃣ Potential Pullback: In my opinion, this could be the last pullback before BTC.D resumes its downtrend. If this scenario plays out, it could signal the start of the long-awaited altseason.
3️⃣ Break Confirmation: Keep an eye on the lower support level highlighted on the chart. A clean break below this level (more secure than the previous one) would confirm bearish momentum and strengthen the case for a further decline.
4️⃣ Targets: The first target is around 50.81%, with potential for deeper declines if momentum continues.
💡 Key Takeaway: This analysis suggests that BTC dominance is showing signs of weakening. If the support breaks, altcoins could gain significant market share. Watch these levels closely and prepare for opportunities in the altcoin market.
What do you think? Do you agree with this outlook, or do you see BTC.D holding its dominance longer? Feel free to share your thoughts below!
#Crypto #BTC.D #Altseason
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
Bitcoin Domination to Last LongerThe price of the main currency's domination charts familiar pattern of sideways consolidation.
The dominance might stay in the range between 55% and 62%.
The blue zigzag illustrates potential scenario of consolidation.
The final drop to retest 55% level could be scaring but this will be just
a final leg down before uptrend resumes to target 65-68%.
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.
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Dominance of BTC: what does it say?BITSTAMP:BTCUSD
✅ Bitcoin dominance has reached its PRZ range and is fluctuating in the corner of the ascending wedge pattern on the four-hour time frame, which can begin its corrective trend to the following levels if the bottom of this pattern is broken:
58.60, 57.66, 56.80
✅ On the daily timeframe, the major support at 56.80 must be broken for the structure to turn bearish 👌
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
BTC DOMINANCE AND ALT SEASONIf we completed 5 waves up, structure ABC should be next. When price take liq above last high (A wave) we can see start of the drop and alt season. If not, btc price will go more to the upside and btc.d will rise again.
Everybody is expecting alt season so market makers can do opposite... lets see.
This is not a financial advice.
BTC dominance resistance and break down level!!Join our community and start your crypto journey today for:
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Let's analyze BTC dominance:
BTC.D has been on the rise for the past four weeks and is now at a critical resistance level. Following Bitcoin's recent price surge, altcoins are struggling due to low liquidity. A rejection at the 59.92% resistance level for BTC.D could provide an opportunity for altcoins to recover. The 58.75% level is an immediate support for BTC.D, but a break below this level could also signal further downside. If BTC.D falls below 58.75%, the next support level to watch is 56.80%.
Key Levels:
Support: 58.75%
Resistance: 59.92%
A breakdown below the support level could potentially trigger a significant shift in market dynamics, favoring altcoins over Bitcoin.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
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!
Cronos (CRO) - Bullish Swing - ResurectionCOINBASE:CROUSD been mostly #Bearish, but things are about to change.
Eventually it found its bottoms.
That's when I loaded #Longs around the 6 and 7 Cents Levels.
Eventually I took profit on the #HODL #Trades at 19 Cents a pop.
* all well documented in the related idea.
What's Next for OKX:CROUSDT ?
As the #BreakOut is now confirmed, a #Bullish Swing is about to start.
That would be the #ElliottWave #Impulse (#MotiveWave).
#AltSeason has started, and MARKETSCOM:BITCOIN is adding fuel.
#AltCoins will most likely get pushed by the #BitcoinDominance ( CRYPTOCAP:BTC.D ) #Retracement.
#TotalMarketCap ( CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS ) are also showing signs of new #ATH coming.
COINBASE:CROUSDC #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- Primary ⓒ (white) #Impulse
- #Fibonacci Time Zones
- #Fibonacci Retracements Confluence
- #Cypher #Harmonic
My #Long Levels On COINBASE:CROUSD
HODL:
- Entry @ 14 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
#Futures ( CRYPTOCOM:CROUSD.P )
- Moderate Entry @ 14 Cents
- Conservative Entry @ 10 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
Bitcoin Dominance Analysis:Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Sure! Here's the analysis in English for your TradingView post:
Bitcoin Dominance Analysis:
Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Scenarios:
Bullish Scenario: If Bitcoin dominance successfully breaks above Zone A, it will indicate Bitcoin gaining strength relative to altcoins. This could mean a shift of liquidity from altcoins to Bitcoin.
Bearish Scenario: If Bitcoin dominance fails to break the resistance and moves downward, the next target will likely be the support zone at Zone B. This could signify increased focus on altcoins.
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.