an insight on BTC's dominanceCRYPTOCAP:BTC.D
✅ Bitcoin Dominance has formed a double top below the 59.15 resistance on the four-hour time frame, which could once again move towards its short-term uptrend line if it breaks the 58.37 support 👌
✅ Bitcoin Dominance needs to break the uptrend line and support at 56.79 on the daily time frame to start its new downtrend 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Btcdominance
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
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SHITCOIN - Solana Meme Token - Huge Pump#Shitcoin ( RAYDIUM:SHITCOINSOL_67ZSVE ) is a TRADENATION:SOLANA #Meme #Token.
Yeah, I know, the name says it all.
However, #Shitcoins have been trending lately, especially the ones deployed on the CRYPTOCAP:SOL #Blockchain.
That's why I looked into the mechanics of it...
Billions printed, coded, etc.
If I was gonna' trade #Memes, might as well go with the one that has the ticker: #Shitcoin.
So, by going down the rabbit hole, I became a part-time #Crypto #Degen.
#Chads were #Raiding and I watched RAYDIUM:SHITCOINSOL_67ZSVE.USD #Pump to 24 Mil #MarketCap (MC) in 2 days.
This literally blew my mind.
After all that, it tanked back to 500K MC, but that's quite normal with these #Memes.
People cashed in, sold at the tops, reentering at the bottoms again.
Friendly Warning on CRYPTOCAP:SOL #Memes
DYOR is a must in the CRYPTOCAP:SOL #Meme Ecosystem, so I did my due diligence.
Many #Rugs, a lot of uncertainty, scams all over bro...
* this idea is not advice, trading #SOL #Memes is dangerous!
What ticked my boxes for #Shitcoin ( RAYDIUM:SHITCOINSOL_67ZSVE.USD )
- 10K+ Holders
- Active X & TG Community
- Token Functionality
* Main aspect:
Same Developer (DEV) as the infamous MEXC:FARTCOINUSDT , #ATH at 2.6 Billion.
#Shitcoin #TechnicalAnalysis
- Intermediate Wave (B) (white): Complete
- #ElliottWave #Impulse: Wave 1 Complete
- #EndingDiagonal: Complete
- #Oversold with #BullishDivergence
- Fractal Pattern
Expectations:
Intermediate Impulse Wave (C) (white) to commence.
That is because the #Altseaon and #Altcoins are about to start booming.
CRYPTOCAP:BTC.D shall make the #Correction, while CRYPTOCAP:TOTAL3 will spike.
* more details about this in the related ideas below.
My RAYDIUM:SHITCOINSOL_67ZSVE.USD #HODL Levels
- Entry @ 600K MC (0.0006 USD)
- TP1 @ 10 mil MC (0.01 USD)
- TP2 @ 20 mil MC (0.02 USD)
- TP3 @ 30 mil MC (0.03 USD)
- TP4 @ 40 mil MC (0.04 USD)
- TP5 @ 50 mil MC (0.05 USD)
Good luck Chad!
ETH | Next Goal $8,000 | iHnS | CUP & HandleHere we're looking at what seems to be a inverted HnS pattern developing inside the Handle portion of the C&H pattern
Crazy...right?
Usually I like to use these at the bottom of a trend similarly to my KRAKEN:BEAMUSD analysis but in this case price structure is holding up above $2,500 - $3,000 which still makes price action very bullish especially that we haven't really been rejected by resistance as yet
Instead what we're experiencing is a large price consolidation swinging in between a 60% range with buyers accumulating at the low end
I'm looking to see a price fall of around 8% to complete this falling wedge pattern (RS) then a breakout around mid February sending price back to the top end range of this consolidation
Next step in price action we want to whiteness a clean break above $4,800 resistance (100% Fib Ex) to then create a pullback trigger around that area for a Buy-High Sell-High strategy
(entry #2)
If successful we can see a trajectory just under $8,000 ETH!
This TA lines up with my large ABCDE Triangle pattern mentioned in the video with a overall target of $15,000 ETH for the next ALT season.
Bitcoin Dominance targetsMany people now waiting BTC dominance over 60%. I dont think so we will go so high!
CRYPTOCAP:BTC.D
We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin
51.20% was a previous support for BTC dominance in 2020 now its can be like resistance
Locally we formed triangle with fake out
2 possible scenarios for Btc dominance marked on a chart
Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100%
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Solana ($SOL) - ATH Break-Out - A Bull To RememberTRADENATION:SOLANA and I are good friends.
I called the ultimate #Support and went #Bullish on $SOL.
Went #Long on COINBASE:SOLUSD ever since 10, then 15, then ramping the the #Bull on 145.
* see related idea for details.
Cashed in at 250, was the #ATH and had doubts, seen the #Correction coming.
What's next for BINANCE:SOLUSDT ?
A Massive #Pump, that's what!
TRADENATION:SOLANA will become Number 3 on #TotalMarketCap ( CRYPTOCAP:TOTAL ), mark my words.
Why? Why will TRADENATION:SOLANA pump?
It's quite simple actually.
It's all about the MARKETSCOM:BITCOIN pushing #MarketSentiment up.
But even BITSTAMP:BTCUSD will need to provide some #Correction, and that is seen on the CRYPTOCAP:BTC.D chart.
There will be some wild #Swings on #BTC.
I believe that with the #AltSeason and #AltCoins Cycle starting, CRYPTOCAP:SOL will bloom.
That's because of TRADENATION:SOLANA connection with the #Solana #Meme Coins Ecosystem.
CRYPTOCAP:TOTAL2 & CRYPTOCAP:TOTAL3 are about to shoot.
Billions printed, coded #MemeCoins.
COINBASE:SOLUSD - #TechnicalAnalysis
- #ElliottWave: Wave 4 Complete
- #RunningFlat at #ATH
- #Break-Out
- Wave 5 Confirmation
My CRYPTOCAP:SOL Buy Levels
- Entry @ 240
- SL @ 140
- TP @ 500
Ethereum (ETH) - ATH Break-Out - Bullish CycleMARKETSCOM:ETHEREUM gave me a whooping 170% #Profit on the #Bullish Swing.
I went #Long on BITSTAMP:ETHUSD from the 1.6K Mark, on the #Break-Out.
I cashed it all in on the 3.5-4K Range.
* see related idea for details.
Unlike MARKETSCOM:BITCOIN , CRYPTOCAP:ETH did not deliver a new #ATH.
In fact, it all leads to the fact that it's waiting for something.
With the $BitcoinDominance ( CRYPTOCAP:BTC.D ) showing signs of an up-coming #Correction, I believe this will pave the way for #Altcoins to shine, thus the #Altseason to start.
Crypto Market Cap ( CRYPTOCAP:TOTAL2 & CRYPTOCAP:TOTAL3 ) are about to burst on the #Bullish side.
BINANCE:ETHUSDT will play a major role in this.
* see related ideas for details.
What's the Play for MARKETSCOM:ETHEREUM ?
I see a strong #ETH #Bull in Cycle Wave C (turquoise).
This can easily reach 5K, but can also tag the 7K Mark.
BITSTAMP:ETHUSD #TechnicalAnalysis
- #ElliottWave Cycle Wave C (turquoise)
- Inverted #HeadandShoulders
- #RunningFlat
My CRYPTOCAP:ETH #BUY Levels
- Entry @ 3.1K
- SL @ 2K
- TP @ 5K
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).
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.
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
BTC.D : Alt -season 2025Hi friends,
As you can see on the Bitcoin Dominance chart on the weekly time frame, I would like to remind you of the start of the 2025 Alt Season.
SecondChanceCrypto
⏰ 19/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTC Dominance UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section
Market makers always do things to prevent retail traders from identifying the next direction. The support from the previous analysis has been engulfed, but this bounce is for order accumulation.
Based on the data available for this index, it seems we have a triangle instead of a diagonal wave B. The red zone is where candles could be rejected to the downside, and altcoins may perform better compared to Bitcoin.
A daily candle closing above the invalidation level would completely negate this outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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
___________________________________________________________
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another IHS on BTC.D? Chop chop more?We have successfully completed an IHS on a lower time frame (see my other chart)
Now we seem to have the beginnings of what could be another IHS on a higher time-frame?
Another scary pump of Bitcoin dominance incoming?
Interesting, let's see
(the chart is inverted)
BTC.D Testing Confluence Zone: Will It Break Below?BTC dominance (BTC.D) is currently trading at a critical confluence zone, where the support of a rising channel intersects with a horizontal support level.
Many investors are closely watching this area for clarity on the next directional move. If the marked red zone (area of confluence) is broken, we could witness another leg of altseason as BTC.D trends lower.
ALTSEASON 2025Dear investors and traders, members of the Horban Brothers community!
Today I come to you not with a warning of an impending crisis, but with the certainty that we are on the threshold of significant changes. The cryptocurrency market, which has been wavering in uncertainty for a long time, is finally entering a phase of active growth. Yes, you heard me right - from this moment, from today, we see all the signs that cryptocurrency is ready to take off.
All the data points to this: institutional investment in cryptocurrency is up 400% year-on-year, regulation is becoming clearer, leading to increased confidence among the big players, and most importantly, technological innovation in blockchain continues to convince even the most skeptical.
Make no mistake, the volatility of the cryptocurrency market will not go away, but those who are willing to accept these risks can expect rewards that are rarely seen in traditional markets. I'm not suggesting you rush out to buy everything, but carefully analyze those assets that show fundamental strength and technological resilience.
Now is not the time to be passive. Check your portfolios, reassess your strategies. If you're still standing on the sidelines of cryptocurrencies, now is the time to get in on the action. But remember, this is not for the faint of heart - this is a game for those who are willing to study, analyze and act.
This market, like any other, requires discipline and knowledge. Don't get caught up in emotions, don't fall for the hype, evaluate each project critically. But if you see that the project has potential, do not be afraid to invest.
Remember that cryptocurrencies are not just tokens; they are the foundation of the future financial world. And that world is already beginning to take shape.
Regards CFO Horban Brothers,
Alex Kostenich
BTC - Dominance Rise puts ALT Season on IceThe CRYPTOCAP:BTC.D index has developed an Inverse Head & Shoulder pattern on the 2H timeframe, which points to further trouble ahead until we get some certainty and clarity with how the new administration decides to move.
The recent shakedown on ALTs has been driven by higher than expected inflation and repricing of FED reserve rate cut expectations, with no rate cut expected in the next FOMC. Wednesday is a key macro day as the CPI, a key gauge of inflation is due to be released. This data ultimately shapes policy and a hot print could spell more trouble for risk assets.
Having said that, we're only a week a way from the most crypto friendly White House administration taking office.
Will the crypto friendly policies turn the page to enable Risk Assets to surge higher despite inflation woes?
BTC.D Death Cross Formation:
The “death cross” occurs when the short-term moving average (50-day MA) crosses below the long-term moving average (200-day MA).
This is considered a bearish signal, often indicating a potential decline in the market.
In your chart, the highlighted circle represents this potential crossover or the situation after it.
The narrow trendline indicates a symmetrical triangle or wedge formation, where the price consolidates before the breakout.
The breakout direction appears to be initially upward, breaking above resistance but eventually moving downward.
The blue horizontal line at around 59.21% dominance is a key resistance area.
Bitcoin dominance has broken above the triangle for some time but may struggle to remain above resistance.
After initial upward movement, the chart suggests a downward trajectory, possibly retesting lower dominance levels (towards the 55.50% and 54% areas).
This implies a potential altcoin resurgence or broader market uncertainty if BTC.D declines.
The red and green moving averages are important in defining the current trend.
A bearish cross between these moving averages aligns with the death cross narrative and signals caution.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
BTC.D; LONG TERM ANALYSIS (read the description)First of all sorry that my chart is not looking too messy and there are no weird indicators nor anything.
We have only two possible scenarios for bitcoin’s dominance.
1) The bearish pattern you can clearly see is broken after 2 years so two things might happen here: 1-1: BTC.D can have 60% touched in the coming days as a pullback to the broken resistance but what happens afterwards will be important.
1-1: if the pullback is confirmed ethereum will finally shine along with many altcoins.
the target for the dominance will be 45-48%.
What can happen afterwards: the price will keep moving in the pattern until a real breakout happens which will likely result in new lows for the dominance.
2) If the pullback is ruined and we see the support lost it will mean the pattern had a fake breakout & that would mean this current pattern is not a reversal one:
2-1: we can see new highs for the dominance if this is confirmed,
The target will be 70-72%. If bitcoin price falls too the market will bleed.🩸
But what can happen afterwards, two scenarios again:
1) Since the price will touch the top of the long-term trading range we can see the dominance moving towards the bottom again.
2) A double bottom will be confirmed, depending on the situation then, if dominance fails to break the shoulder at around 57% we can see even new highs but the chance of this happening is below 10% lol unless ethereum is destroyed lol.
So that’s all. I recommend yall to wait if you want to buy anything. And note that btc.d can go up and the price can still fall so beware and dyor.
Thanks for reading this.
Get ready for ALT-SEASON!We got confirmation on breaking uptrend channel downwards in last few weeks and we all know what that means. More CRYPTOCAP:BTC.D goes down better for alt-coins. 47-51% is the range I am looking for. There are few alt-coins haven't made major moves in last year, I will post about it soon. Keep posted!