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
Btcdominancechart
$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 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.
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.
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!
BTC.D Chart: A Bullish Signal for Altcoin HoldersRight now, I can't find a better example of a rising wedge breakdown and retest on the weekly timeframe than on the BTC dominance chart. This is incredibly promising for anyone holding altcoins
Six months to glory for our alts !!
ETHBTC to the moon in Q1
#CHRISTMAS RALLY INCOMING OR JUST A TRAP?CRYPTOCAP:BTC Dominance is Finally Seeing a Rejection!
The upcoming weekly close will be critical for ALTCOINS.
The rejection looks good and it's important for BTC to stay stable for the altcoins to pump.
The weekend is here and you don't decide on a trend on the weekend, you must wait for a weekly close and how traditional markets open.
So more clarity will be seen on Monday.
Is this the start of the altcoin rally you've been waiting for?
Or is there more pain ahead?
The answers will reveal themselves soon.
So make sure you follow me on all socials.
More updates will be posted on confirmation!
I’ve shared 13 altcoins on request in my TG, and they’re already up 10%-25% in the last 4 hours.
Also, do not forget to hit that like button and share your views in the comment section.
Thank you
#PEACE
The Calm Before the Altcoin Storm: Prepare for the Biggest Run!!#Bitcoin Dominance Update:**
Bitcoin dominance has started to dump, breaking the support that has held since November 2022. It faced rejection at a long-term resistance level, which has been a key barrier since May 2017.
Historically, when this happens, we’ve seen alt season kick-off and last for 6 to 8 months.
When does the real alt season begin?**
It starts when ETH/BTC begins pumping, and other altcoins follow suit.
Trending Narratives for the Next Few Months:
🚀 AI
🚀 RWA (Real World Assets)
🚀 Memecoins (MEMES)
🚀 Layer 1s (L1)
These sectors are likely to perform exceptionally well. The key is to position yourself early and buy any dips. This is how you build generational wealth this season!
What to Buy?
Make sure you follow me and join all my socials!
I’ll be sharing the top altcoin picks over the next few weeks.
Stay tuned and let’s make it happen !🚀
Please hit that like button if you like it and share your views in the comments section.
Thank you
#PEACE
Altseason Starts SoonThe Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure:
Key Observations:
Repeated Patterns:
The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly 231 days.
Each phase seems to correspond to a bearish period for Bitcoin dominance, where altcoins gain relative strength.
Halving Impact:
Vertical lines mark Bitcoin halving dates (green lines), which historically have a significant impact on the crypto market.
Following halvings, BTC dominance often rises as Bitcoin leads the market in initial rallies.
Projection:
The chart projects a decline in dominance after the current rally, extending into mid-to-late 2024.
A potential drop to ~44%-46% dominance is outlined, indicating a possible altcoin season or broader market rotation.
Support and Resistance:
The chart highlights a resistance zone around 62% dominance, which Bitcoin dominance seems to have tested recently.
A bearish breakout is suggested, aligning with a downward trend in the future.
Possible Interpretation:
Short-Term View: Bitcoin dominance might continue upward for a while but could face resistance near 60%-62%. If this area holds, a reversal could lead to dominance declining, benefiting altcoins.
Medium-Term View: If the projection holds, BTC dominance could see a prolonged decline lasting nearly a year, dropping below 50%. This scenario typically coincides with altcoin seasons where altcoins outperform Bitcoin in relative gains.
Risk Factors:Bitcoin dominance does not always drop due to bullish altcoins; it can also decline during a market-wide sell-off where Bitcoin loses less than altcoins. Macroeconomic factors, regulatory changes, and adoption rates could alter the outcome.
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, 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!
Dominance & Altcoins- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
What's next - the Altseason or the strong growth of the $BTC? 💶 What's next - the Altseason or the strong growth of the CRYPTOCAP:BTC ? $ CRYPTOCAP:BTC.D thought about it.
Even though CRYPTOCAP:BTC is currently going down, there is no doubt that CRYPTOCAP:BTC will make a new high soon. Perhaps this correction phase will end this month.
Next, November 5, another election in the USA, And... Growth?
I think so, but we will soon see how it will be.
And as for Altcoins, what about them?
Here, everything is not so clear. CRYPTOCAP:BTC.D does not want to go below 57%, which means a higher hike, up to 69%, is possible.
This was the case in 2020 when the last US presidential election was held.
History tends to repeat itself.
We don't know how it will be this time, but we can safely say that if so, the altseason will be postponed until the new year. The time has come for CRYPTOCAP:BTC
And what do you think about it?
BTC.D based on 1d chartHey Traders!
We're approaching a crucial moment for BTC dominance as it hovers around a key resistance zone. I'm anticipating a potential breakdown, with the possibility of it revisiting the low of February.
Stay sharp and make the most of the market opportunities ahead!
Happy Trading!
BTC DOMINANCE / BTC.DI think #BTC.D is done>>
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
BTC.D Chart Idea - ALT Season Coming?BTC.D already broken the rising wedge in May/June this year and now retested strong weekly resistance at 57.17% in the first week of Aug this year when global markets went down. IMO, it was a capitulation event for this year before the next big leg up in all assets. A lot of people are concerned and asking about the ALT season this bull market. I believe this market is doing the same as it did back in the previous cycles. Once the BTC.D starts going down, you will see crazy pumps 50-100x pumps in low caps, 10-20x in mid caps, and 4-5x in higher cap coins. IMO, we will see the ALT season very soon and it can start as early as the first of week of Sept or can even further take 3-4 week, but we are just right there. Hang on to your coins guys if you had bought in the bear market.
NOT A FINANCIAL ADVICE. DYOR!
The BTCDOM/USDT chart shows Bitcoin's dominance in the marketThe BTCDOM/USDT chart shows Bitcoin's dominance in the market, with current trading levels around 2,782.5. The price action has seen significant movements, including sharp rises and corrections, indicating a highly volatile market.
Key Points:
Support and Resistance Levels:
The price recently tested a high (HH) near 3,005.8 but faced strong resistance, leading to a correction.
Support has been identified around 2,754.8, where a recent long position was initiated. This level could serve as a crucial point for further upward movements.
Recent Trade Setups:
A long position was taken at 2,754.8, aiming for multiple take profit (TP) levels. The first TP level at 2,734.8 has been hit, and the price is now approaching the second TP at 2,714.9.
A short position was also entered near 2,763, but the price has since moved higher, possibly hitting the stop loss (SL) at 2,834.4.
Current Scenario:
The price is currently in a consolidation phase, moving between the key support and resistance levels. If it breaks above the recent high, it could retest the resistance around 2,834.4 and potentially move towards 3,000. Conversely, a break below 2,754.8 could lead to further declines, with potential targets around 2,688.4 and 2,635.3.
Potential Targets:
On the downside, the price might target the levels of 2,688.4 (TP3) and 2,635.3 (TP4) if the current support fails to hold.
On the upside, the key resistance levels to watch are at 2,834.4 and above, which the price needs to overcome to resume a bullish trend.
Conclusion:
BTCDOM/USDT is at a critical juncture, with the price testing key support and resistance levels. Traders should monitor the price action closely for a decisive breakout or breakdown, as this will determine the next significant move. Holding above 2,754.8 could indicate bullish potential, while a fall below this level might lead to a deeper correction.