Will BTC Dominance Break Through 68% ?Things are about to heat up with BTC’s price action, potentially reaching new heights, while altcoins may remain in the lows for now. I’d enjoy riding BTC’s momentum with the expectation of an eventual altcoin season. Historically, as BTC climbs higher, altcoins tend to follow—but in crypto trading, nothing is guaranteed.
For now, I’m patiently observing and letting the market action unfold. These ideas serve as an open-source trading journal with two notes: if you follow my advice and it works out, I’m happy for you; if it doesn’t, and there are drawdowns, that’s just the nature of trading. Stay cautious and enjoy the journey!
Btcdominance
Bitcoin dominance is on a razor's edgeKeep an eye on the 62-63 Bitcoin dominance level; we will see a strong rejection from this range, which will lead to an altcoin pump. The duration of this drop is expected to be 60-90 days.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Alt-season? Bitcoin BTC Dominance past cycles behavior analysis The best way to spot an altseason is looking at the Bitcoin BTC Dominance graph.
On this analysis, of the behavior of the Bitcoin BTC Dominance, I spotted in the graph , what happened on the last two cycles, 2017 and 2021, looking back to the 2013 BTC price top.
In the analysis I spotted three types of events:
All Time High (ATH)
Cycle Bottom
Attempts to break the past cycle's ATH
This brought me some interesting "coincidences" that leads to some insightful predictions.
My conclusion, so far, is that an All Time High breakout is a very important moment to the possible alt season beginning. One thing that should be considered is that the current cycle has some different characteristics as, probably in detail, all of them have. This means that maybe it could take some more time to the alt season start, as it did for the ATH be finally broken.
One thing I did'n mention in the video is that the BTC dominance has broken a theoretical downtrend line. That said, considering the end of the year calendar change that is a mentally important moment, I wouldn't be surprised if the altseason waits till January to pick up.
To be continued...
USDT.DOMINANCE Chart Update !
USDT dominance is showing a downward trend after breaking out of a previous channel, which may indicate a decrease in stablecoin dominance in the market. The price of testing a green support zone is around 4.4%. If it fails to hold above this level, a further downside to the lower red support zone around 3.9% may be possible.
This decline in USDT dominance could imply a potential increase in buying pressure within the crypto market, as funds flow out of stablecoins and into more volatile assets, fueling upward momentum in the broader crypto market. However, a bounce back above the support zone may signal a temporary reversal in trend.
Traders should watch for reactions at these key support levels to better assess the direction of market sentiment.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC DOMINANCE UPDATEBTC DOMINANCE ANALYSIS :
In the past 7 months, Bitcoin has been ranging between 50k and 70k, then Bitcoin made a new all-time high, during this period, altcoins have struggled to rise …yes, some have seen significant growth but the majority are still at very deep lows. The main reason for this is rise the dominance of Bitcoin alongside Bitcoin!
We are looking at the current level, I hope there will be a rejection …If it rejected here, we could see a great altcoin season, but if it continues to rise, we could reach 70% (2020 high) before the alt-season.
Keep following this chart!
Best wishes
BTC Dominance above the 0.382 all-time Fibonacci levelAs you already know, monitoring BTC Dominance can provide insight into the market's risk appetite and help gauge the strength of altcoins relative to Bitcoin. From now on, we’ll be tracking BTC Dominance for additional confirmation on our trading ideas. Using more information is always helpful as long as it’s simple to understand and apply—just like I aim to make it here on Trading View for both you and myself.
BTC DOMINANCE roadmap (W)After the sharp drop that Dominance had, we had a bullish iCH at the bottom of the chart, after which Dominance is filling this IFC move by hitting higher Ls.
Upon reaching the resistance range, we expect drop candles
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate this analysis
Comment if you have any questions
thank you
Bitcoin's Final Push: Altcoin Rotation LoomsBitcoin dominance seems to be nearing its peak, but as with every end, we often see one last strong push.
It’s clear that only specific coins are currently outperforming Bitcoin, so I suggest continuing to focus on those until January/February. I believe Q1 will bring a massive rotation of capital into altcoins.
Just remember: most Bitcoin dominance tops tend to come after strong surges. So, I expect Bitcoin to continue climbing before we start calling the top.
If, by some chance, dominance hits 72%, I’ll be shifting the majority of my BTC stack into altcoins.
BTC DOMINANCE After a Trump victory the markets are booming, a new BTC ATH pushed bitcoin dominance to new local highs of 60.6%. Now we've seen a decent retracement on the daily candle and BTC is still in price discovery. This indicates to me that we have an altcoin resurgence on our hands, returning confidence in crypto and the green light for crypto support by America is a very important to this current rally.
I could see BTC dominance dropping to 59.5% before any continuation (bottom of the trend channel) higher and that's not particularly from a BTC selloff although that is possible as a SFP, but more likely is just BTC staying where it is and altcoins making up some ground.
RSI has dropped out of the oversold zone with this daily candle, a cool off is eventually inevitable as long as price stays flat while RSI cools it's very bullish.
A lot of that altcoin move needs to be from ETH imo, with BTC @ ATH Ethereum is 72% away from ATH... A massive difference and one that should close up going into Q1 2025.
The standard process for a crypto bullmarket is:
BTC --> ETH --> LARGE CAPS
--> MID CAPS --> SMALL CAPS
So far we're clearly still in the BTC phase, keeping a close eye on the ETHBTC chart to see if the momentum shifts towards Ethereum but that doesn't seem likely until next year at the earliest.
Bitcoin's Necessary Correction: Why $69k is the Next Move!Hello Traders!
do you know why bitcoin is not falling ? let me tell you , BTC's Dominancy is just increasing and the 24H increasing from the day of election even not dropped 1% from 5th Nov till now , bitcoin will fall soon within days to the target in chart which is 68000-69898.
without giving these targets bitcoin can not go up to 92K.
follow me for more technical analysis and signals
BTC dominance reveals how to navigate crypto cyclesHello everyone,
this one is for patient (long-term) traders/investors, not for those chasing daily gains or short term swings.
We are looking at BTC dominance chart. BTC dominance is currently at 60%, which is pretty high.
Everyone who follows cryptos for some time should know how crypto cycles work. BTC is king and always leads the way. BTC if the first one to start the bull run, altcoins follow. When BTC is near its peak, money transfers into ALTs --> start of ALTSEASON.
The first peak of altcoin season was January 2018. BTC dominance was at 35%. After Jan 2018 we went into a bear market. BTC dropped in value, ALTCOINS dropped even more. Consequently, BTC dominance went up.
BTC dominance reached top at 74% in Jan 2021. That is when ALTSEASON started.
THIS DOES NOT MEAN THAT BTC REACHED TOP in Jan 2021.
BTC rose from 40k to 70k between Jan 2021 and Nov 2021, but ALTs in this period made bigger gains.
BTC dominance in this period plummeted from 74% to 40%, creating a base for future.
From Jan 2023 BTC has been rising and increasing its dominance, currently sitting at 60%. I am positive it will not break high of Jan 2018. Next strong resistance is in the area of 64-67%, I expect dominance to reverse in this area.
BTC has already made a new ATH, but total crypto market space is not at an ATH yet. So ALTs are lagging in comparison to previous cycle.
I believe we are at the start of ALT season and I will be looking into ALTs for my last gains this cycle. Check my other posts to see which ALTS I am considering. I will also be posting some other ALTs in coming days/weeks, so subscribe to stay notified.
Good luck to everyone.
BTC Dominance: 60% - "I'm the captain Now"Hello friends,
A quick follow-up to my previous BTC dominance analysis!
Remember when we talked about BTC at 54% and said 58% could be next?
Well, look where we are now - 60% dominance! Everything played out exactly as discussed.
What this means:
- We're deep in the "Alts Bleeding" phase
- The 50% danger zone is far behind us
- That 54% resistance? Completely crushed
- Next major target could be 65%
Real talk:
- This is NOT the time for alt trading
- Strong alts are barely keeping up with BTC
- Weak alts are getting destroyed
- BTC is the safest play right now
Keep it simple:
If you're still in alts, you might want to reconsider that position. BTC is showing who's boss ""Look at me, I'm the captain now"" , and fighting that trend is dangerous.
Previous analysis was spot on, and the trend is still strong. Sometimes the best trade is staying away from what's bleeding.
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NFADYOR
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GL & trade safe!
#BTC DOMINANCE, LAST OPPORTUNITY TO BUY CHEAP ALTS!Bitcoin Dominance is currently around 60.51%, keeping BTC in the 68k–70k range while altcoins drop 20-40% from recent highs.
This pattern is common in bull runs, as rising BTC dominance typically pulls altcoins down. In my experience, a rejection zone between 64% and 65.81% could trigger an altcoin rally while BTC hits new all-time highs and moves sideways.
Here are three key points to watch:-
1. BTC Dominance reaching rejection levels.
2. BTC closing above the monthly resistance of $71,378.
3. Altcoins holding higher time frame supports and showing reversal signs.
If these align, it could be a strong opportunity for altcoins.
Patience here pays off – holding USDT or stablecoins now could let you buy altcoins at lower levels soon.
I'll be sharing important updates as needed. Currently, I’m on complete bed rest due to a fractured wrist and some deep wounds, but my DMs are open if you need to reach out. I'll do my best to answer questions whenever I'm able.
Thank you for your understanding!
For now, stay focused, and let’s spot these opportunities.
If you enjoy these insights, hit like and share your thoughts. Let me know if you’d like any specific chart requests.
Thank you!
BTC.D Keep calm, don't lose your headThe market will do what it always does—play with our emotions. We're all eagerly anticipating an altseason, right? But the market will test everyone’s patience, so it's wiser to stick with spot purchases and use DCA (Dollar Cost Averaging) for entry. Don’t give up, and above all, don’t sell now—you’ve weathered a tough bear market.
Dominance is set to decline, just as it has in previous cycles within these Fibonacci parameters. Stay calm, keep your emotions in check, and remember: patience and strategy are key.
ETHEREUM is 1.1 TRILLION DOLLARS less valuable than BITCOINor -78%
The flippening was a common narrative.
ETH as hard money was also a narrative - in reality only when gas is exorbitant.
ETH as a world computer was the early narrative.
Bitcoin deserves it entry on to the world stage cycle.
ETH can become a 1 Trillion dollar + network.
Sharding and splintering of the network effects of the mainet clearly is not value creating. Splitting of communities and economic energy was the result.
Solana flippening is a good narrative that we are following this cycle.
Coins are the product of these smart contract platforms.
At the moment the best coin factory is SOL.
BTC is scarce. No coins are allowed to be created on it's. The Bitcoin forks had the stink of a founder, a human attached to it's network ... not what capital allocators.
They wanted a autonomous network that runs by itself and ossificatoin of the code. A complicated spaghetti bowl of code that the core dev team refuse to tinker with.
The results is clear at this point in time.