Altseason - 2nd parabolic move coming Just like my first chars stated we have arrived at the predicted cap for alt coins and the BTC dominance is dropping.
What do I expect the next 6 weeks: (this is my thought, not advice)
Alt coin market cap will reach 800+b IMO in a 6-week parabolic move.
The dominance got rejected yesterday against the MA200 on the daily and i still stand by my previous prediction
First total2 cap prediction:
Weekly dominance chart:
This is not financial advice, if you like my charts, click a thumb up
Dominancebtc
BITCOIN DOMINANCE ABOUT TO GROW!This chart shows that Bitcoin is about to rise stronger vs the rest.
This can mean 2 things:
a. Bitcoin rises faster than the rest (Ethereum drop?)
b. Bitcoin drops a bit but everything else crashes (drops a lot more to be correct)
So, beware of a correction in Altcoins (look at my Ethereum ideas) and if you hedge Buy Bitcoin and sell a basket, since BTC dominance level is right on support (thus should rise)
BR
FXPROFESSOR
Update BTC.D VS TOTAL2Update BTC.D VS TOTAL2
You can view my first charts at the bottom.
I see a lot of BTC.D charts passing by here, but this is my opinion.
First things first, what are the indicators telling me:
TOTAL2:
We saw a beautiful rise and resistance on the 1 fib extension, eventually broke it and even broke the 1.618 a few days later.
Already tested back and this is now a good support zone.
MACD here is high and momentum still growing
BTC.D
In the Bitcoin dominance you can see a nice break to the downside and i think this is not the end of a falling BTC.D trend
Why:
The SMA's on the daily chart show a lot of downwards pressure, the MA20 has crossed the MA's 50 and 100 to the downside. Also, these last 2 are turning to the downside.
The last three days BTC.D went below the daily MA200 and this is a really important level. With the spike back up today as BTC rises to +40k we are touching (retesting) this level.
All round conclusion (2 options):
1 - If the BTC.D does not break back up the MA200 today we get a important construction named the kiss of death and the momentum of the dominance drop will increase hard. Altcoins will go up hard and the TOTAL2 will meet the 2.618 fib extension at 514B $ or even overshoot it to the 3.618 at 618b $.
2 - If the BTC.D does break overhead MA resistance (MA200 and MA20) we could see an altcoin bloodbath and see a retrace of the TOTAL2 cap to 340b $ at the 1 fib extension level.
This is not financial advice, just a way to spot early what will happen if you are invested in alts a lot.
Thx for reading
Here are the first charts:
TOTAL2:
BTC.D:
BTC dominance trend reversalALTs started rally thanks to the BTC drop, but don't get too excited, BTC is just resting and consolidating around 33k.
in few days BTC will go to retest 40k and maybe break it up towards 50k area - the psychological resistance level of BTC.
We expect another few days of ALTs to thrive and then BTC will start to move up.
Be careful on your profits, make sure to go back to BTC or ETH before.
#btc.d #1h #bitcoindominance #btcdominanceCRYPTOCAP:BTC.D
Hi guys..its the latest analyze chart of BTC.D in 1H timeframe .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Watch for a Bitcoin Dominance BOUNCE in the next few Weeks! Be on the lookout for a big bounce of the shown support / resistance line in the coming weeks! This is a WEEKLY chart and has had many touch-points the past few YEARS! If this happens be ready for BTC to take back over the market and strangle the rest of the market in the immediate term. This would be much better for crypto than to have BTC have a massive drop like most expect. Once the dominance cools back off, we should be in for another Altcoin rally. LETS GOOOO.
BTC Dominance - My First analysis using Elliott waveI've been studying and trying to understand more about technical analysis.
Social Media is filled with people talking about Alt-season. So I think this is how the BTD Dominance will react when Alt-season comes this season.
Please, let me know if you found my analysis any good :)
BTC dominance reached support zoneBTC DOMINANCE
Reached support zone 63-62%
From here more likely is dominance to move up
Which mean bleeding and correction for alts
If dominance breakdown this Support can lead to alts season but this is less likely here
🚨🚨
Next week is very important for all the market
Take care because big move soon and dont overtrading
#btc.d #btc_dominance #weeklyHi guys..its the latest analysis chart of bitcoin dominance.the weekly candle closed very perfect and probebly after pullback till( 64-65) we will go to first support 60% .below 60% we will go to altseasion .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like and folow me.thx
CRYPTOCAP:BTC.D
Bitcoin Dominance 100% predicted by CryptoPatel& still More room#BITCOIN Dominance Chart Update :-
#BTC dominance now 64.58%
As I predicted It will fall so Finnaly target had been achieved.
That All Crypto Influencers and channels Told you to exit from Altcoins but I single told you to enter.
Hope you understand very well.
I told you to enter in Altcoins when Dominance was 71% so now almost 6% dominance down.
And all Altcoins almost 100% up.
Hope you earned and learned with my TA.
Still Waiting for big Altcoins Sessions.
Support :- 65% ✅
Now Support because resistance.
New Support :- 58%
Resistance :- 65%
Please Click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Bitcoin Dominance Altcoins Fully bullish as I told you#BITCOIN Dominance TA Update :-
#BTC Dominance falling and this is very good for Altcoins.
Now Dominance is below 65% this is very good.
I am expecting Target of Dominance can be 58% and that would very bullish for Altcoins.
I already posted this chart if you followed.
Support :- 64% / 58%
Resistance :- 72%
Please Click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BTC will keep beating altcoins, Hybrid Intelligence saysBTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up.
To dig deeper into this idea, we’ve posted the following question to the Cindicator platform:
“The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13. Will the Market cap climb above 995.2B USD (+7.5%) earlier than drop below 856.3B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 91.11
This means Hybrid Intelligence expects the total crypto market cap to go up +7.5% before any downward movement of a similar magnitude.
Additionally, we’ve asked about Bitcoin’s dominance:
“Bitcoin crypto market share settled at 68.97% at 10:00 AM UTC on Wednesday, January 13. Will Bitcoin's market share climb above 70.35% (+2%) earlier than drop below 67.59% (-2%)?
(forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 82.80
This result suggests that Bitcoin’s market share will again hit 70%.
So together, the growing coin market cap AND the increasing Bitcoin’s dominance will likely lead to Bitcoin outperforming altcoins. Of course, some individual cryptos might still beat BTC, but the general trend still looks in favour of Bitcoin.
Long Bitcoin for now, Hybrid Intelligence suggests.
And diversify your alts with Stoic, we might add.