Dominance the system core- for me it has always been very complicate to explain BTC.D to peoples, because it's complicate ! lol
- it's weird to understand the moves and many factors have to be compared together an alchemy have to happen to see something happening.
- So basically to explain it, i will tell you what "we want to see" or "what we don't want to see" in the future. if the story repeats again.
1/ BTC.D have to grow up, then Altcoins will struggle down trying to find a potential bottom.
- While BTC.D grow up, BTC price have to grow up also or at least stabilize ( this is a good sign )
2 / if BTC price down and BTC.D up, it's bad, it's just the normal way ( No Divergence )
- When BTC price + BTC.D both up together, it's a kind of " inversed divergence ", it means something good gonna happens. ( get it ?)
- Basically also if USDT/USDC Dom Grow and BTC price stabilize and not goes down anymore, it's a good sign.
- Normality the normal way is : BTC up / USDT/USDC.D Down OR BTC Down / USDT/USDC.D up.
- Before we had no reason to check those Stables coins because they had not much DOM in markets, but now have to count with them.
- So While BTC.D is growing, altcoins will just make some weak moves.
- When BTC will reach is next Dominance's ATH ( witch have to be lower than last years because more concurrence )
- BTC.D will crash and ALT SEASON will start.
- it took me many years to understand that, but it's pure logic ( Fibonacci is working perfectly on it )
- again it's not easy to get it.
- if you have any questions feel free to add a comment.
Happy Tr4Ding !
Dominancebtc
BTC DOMINANCE UPDATEBTC DOMINANCE UPDATE
The relationship between BTC dominance & Altcoins growth is Inverse relationship
Good time to accumulate altcoins when dominance of BTC is about to drop/ breakdown
Here in chart we can see 2 potential scenarios :
Scenario 1: start to drop near current level
Scenario 2: sharp rise to 59% - 62% before dropping ..
The real altseason will start when we drop
So Keep an eye on this chart …
CRYPTORE REVOLUTION: BTC.D - ALTS RUNNING FOR POWER📣 Hello everyone!
Since 2017, the full picture on the Bitcoin dominance index chart has remained incomprehensible to me, at least because of the short history. Now, 7 years later, for myself today I clearly understand that the trend on the BTC.D index is clearly downward, and all upward rollbacks are corrections to a long-term downward trend.
I believe that a global triangle is forming on the Bitcoin dominance index chart, which will be broken down and Bitcoin will begin to rapidly lose its dominance. The 20% target could be achieved by 2027.
⚠️ Think for yourself, decide for yourself - good luck in making independent trading decisions and profits ✊
Goodbye!
📈Checkout the dominance, AltSeason is close!📉CRYPTOCAP:BTC.D
BINANCE:BTCUSDT
There are two scenarios for the start of a bullish rally in altcoins.
Scenario 1: If Dominance fails to break above the 53.35 level, it will move towards the bottom of the pitch-fork. In that case, we will have a short but relatively intense and exciting rally in altcoins.
Second scenario: With Dominance stabilizing above the level of 53.35, the rise of Dominance to the level of 57 will cause Bitcoin to continue its rally and test the level of $70,000 and above. Further, by placing Dominance between two blue resistances and even falling to the bottom of the pitch-fork at the same time as Bitcoin stabilizes at around 65-70 thousand dollars, it can involve altcoins in a longer-term rally than the first scenario.
Note: This week, after a short period of time when I had little analytical activity on this page, I plan to introduce and analyze my suggested altcoins in this rising market. We will have fun plans soon.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Bitcoin Dominance: A Decline on the Way?The market capitalization dominance of Bitcoin, measured in percentage, has continued to behave as anticipated. We've seen an increase and have now ostensibly formed a Wave ((a)), with the current phase being the formation of Wave ((b)). This Wave ((b)) is expected to reach between 100% and 138% of the previous movement. We have almost reached the 100% mark. It's important to remember that these figures don't need to be exact to the percentage point or, in the case of stocks, to the cent, but it's reasonable to expect that Bitcoin's dominance could now decrease.
As for Bitcoin, we're likely to see a five-wave downward movement. If market prices rise in the meantime, the altcoins should outperform Bitcoin, though a correction across all currencies is expected before any further upward movement. Once Wave 4 in Bitcoin's dominance concludes, we may see an increase in dominance again, indicating a shift in market dynamics.
BTC Dominance Analysis: Potential BreaksTraders,
Here's a snapshot of BTC dominance and its implications:
Resistance Zone: BTC dominance is encountering challenges breaking above the 55% resistance zone.
Altcoin Strategy: Any breaks below the trend line signal a need to add more altcoins to our portfolio.
Risk Management: Exercise caution and monitor the general trend of BTC to mitigate potential losses.
Super Bullish Run: It's worth noting that the super bullish run may come to an end around the middle of next January. For detailed insights, refer to related posts.
Stay informed and trade wisely!
Best regards,
Complete analysis of Bitcoin DominanceHello friends
I hope you have made the most of Dominance Tether analysis. (be sure to read the previous analysis)
Usually, on important days, the market maker does everything to create fear and make people excited (even disabling Instagram, Meta and Facebook) in order to collect liquidity and throw the unruly and careless trader The shake-hands out of the market.
To complete the viewpoint and identify the important time ranges (change of bitcoin status from bullish to bearish) and altcoin party time, we come to Bitcoin Dominance.
As you can see, it is about 3 months that the chart is moving in the range of 53-55%.
There are several important reasons for Bitcoin's dominance to decline.
1: Approaching the long-term downward trend and negative RSI divergence in the daily time frame.
2: I explain with a simple example, the upward trend of the chart is like a stone that is thrown upwards, its acceleration gradually decreases and creates a curve, this indicates the weakening of the upward trend of Bitcoin. Now it has to correct some of the upward path so that it can attract liquidity again and gain momentum
Time analysis:
Breaking or touching the floor of the current range (yellow box) will start from March 10gh to 11th, which will probably cause the market to floor, the exit of the shake-hands and the re-entry of investors for the altcoin party.
The next range (blue box) 48.90 to 50.50% continues for 1 month to 40 days, which causes the main altcoin party.
May 10th to May 13th (white dashed line range) is one of the most volatile and determining market ranges, which will probably witness the continuation of Bitcoin falling to the range of 44,000 and break of the support of 48.91 to 47.62.
If the structure of the time lines is changed, the analysis will be updated.
Inform me of the currencies you want to analyze (in the form of a road map).
I would be happy if you share your opinion with me.
Give me energy by liking and following me.
USDT.D domination approaches an important areaHi all. Timeframe 1 week. The dominance of USDT.D is globally in an ascending channel, after breaking down the triangle, it is approaching important support. Where with a high degree of probability there will be a rebound/correction of the entire cryptocurrency.
Bitcoin Dominance VS AltseasonBitcoin's dominance has been protected on the 3D time frame by the EMA 50 since January, so for me a candle close below the EMA 50 could mean the start of the Altseason (Altcoin Season).
Remember that we are currently experiencing a correction in the cryptocurrency markets, which is healthy in the long term before the real bull run begins.
BTC.D probabilitesdespite that long ter pas from my latest analysis about Dominance , all the lines and analysis have been done over 1.5 years ago at the time that crash happened , I followed the money follow at that time on the price chart and find the probable demand and supply areas on dominance which worked well till now , and as you can see the reactions on each line was accurate , but this area that we are facing now is very important , breaking the yellow diagonal line could lead dominance over 55 and it can reach to 58 % which is very important factor in crypto market , this could cause a huge crash on Altcoins (on /btc pairs) and could cause a unrecoverable damage to their value against BTC.
and the vise versa exactly can be considered , the fall of dominance from this stage could give the alts a huge pump (considering the money that flowed into crypto market lately almost half a Trillion $) that caused this pumb.
so we need to be alert about each situation . this idea need to be update by some other related charts (Total and Total2 along ETH.D ).
TradFi Assets On-Chain (aka altseason 2024) 10T++Hey hey everyone,
I´ve decided to come up with the market cap dominance review after some while in key moments, back in the WATCH TO area.
I tried to get as much info together as possible in simple way explained. Below you can find additional charts and informations.
Hope you will like it.
In the ever-changing world of cryptocurrencies, Bitcoin (BTC) has long been regarded as the dominant force. However, recent trends and developments have begun to challenge this position. In this post, we delve into the factors contributing to the shifting landscape of Bitcoin dominance, also known as BTC.D, and explore the implications for investors and the broader market.
1. The Rise of Altcoins and Their Impact:
The cryptocurrency market has witnessed an explosion of altcoins, each offering unique technological innovations and applications. This diversification has drawn investors' attention away from Bitcoin, leading to a distribution of market capitalization across a wider range of assets. Projects like Ethereum and Binance Coin have carved out significant niches, offering functionalities and use cases that Bitcoin cannot replicate, thereby diluting Bitcoin's market share.
2. Regulatory Shifts and Their Influence:
Regulatory interventions in various countries have historically impacted the crypto market significantly. Changes in regulations can affect not just the price of Bitcoin but also its relative position in the market. For instance, stricter regulations in major markets can lead to decreased investor interest in Bitcoin, while more favorable regulations in other regions can encourage diversification into altcoins.
3. Technological Advances:
Blockchain technology is continually evolving, and new cryptocurrencies with improved functionalities or more efficient solutions have emerged. These technological advancements can reduce Bitcoin's dominance as investors and users seek out newer, more innovative options.
4. Institutional Adoption and Diversification:
The increasing interest of institutional investors in cryptocurrencies has led to more diversified investment portfolios. As these investors explore beyond Bitcoin, the dominance of BTC in their portfolios is naturally diluted.
5. Historical Corrections and Their Lessons:
An analysis of Bitcoin's historical price corrections reveals patterns in its dominance fluctuation. These corrections, driven by various factors including technical, fundamental, and external events, offer insights into the potential future trajectory of Bitcoin's market dominance.
6. The Coinbase Initiative: Integrating Traditional Finance with Crypto:
A recent development in the crypto world is Coinbase's plan to bring traditional financial assets onto the blockchain through a new platform named 'Base'. This initiative, under the oversight of regulators in Abu Dhabi, signifies a merging of traditional finance and cryptocurrencies. It has the potential to alter the dynamics of the market significantly, impacting Bitcoin's dominance as the lines between traditional finance and digital assets blur.
There is also one more interesting metric for a kind of Bitcoin dominance and that is dominance compared to gold.
I posted in Oct 2018 to buy GOLD for BTC and in 2019 to sell the rest of GOLD 4 BTC
Since then lot of time passed and nothing has changed my mind that selling gold and holding the DIGITAL GOLD in the digital era is the right choice
Conclusion:
The landscape of Bitcoin dominance is complex and influenced by a myriad of factors. From the rise of altcoins to regulatory changes and technological innovations, each element plays a crucial role in shaping the market. Additionally, the integration of traditional financial assets into the blockchain sphere represents a significant shift in the market dynamics. For investors and market enthusiasts, understanding these trends is essential for navigating the ever-evolving cryptocurrency landscape.
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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Alts are about to explodeThis is in continuation of analysis that a posted a while ago, regarding Pre-Halving Alt Season. Add link to that post in description.
--------------------------------------------------------------------------------------------------------------------
The top chart is TOTAL 2, (Market Cap of all the Alts) , Bottom chart is for BTC.D.
I have made a comparison and measurement of what happened to TOTAL2 when BTC.D hit the top trendline.
Things to notice each time BTC.D hits the trendline, there is lesser space for it to move down, hence lesser space for TOTAL2 to move up, it is evident from the % move in TOTAL2 Market cap,
First time BTC.D hit the descending trendline, TOTAL 2 exploded approx. 9000% by the time BTC.D hit the bottom trendline, 2nd time TOTAL2 Exploded 900% approx. , 3rd time which is now TOTAL2 is expected to explode 90%.
I have also measured the time it took for TOTAL2 To reach Peak during previous taps,
The first time it took 294 days, the 2nd time it took 175 days, using this trend we can anticipate Alts to be at their peak in the next 80 to 120 days i.e. During Feb end and March 2024 time frame.
This also falls in line with BTC cycles where, BTC and alts take a big dive down before Halving which is expected to take place sometime in April May 2024.
Also, apart from the evident rejection of BTC.D from the trendline we have Weekly Bear Divs on RSI, which were not present last time when BTC.D tapped the trendline, adds more weight to BTC.D breaking down from here.
What does all this mean in grand scheme of things
If we look at the chart of BTC.D, there is not much space left for BTC.D to move down and it will eventually break out of the pattern possibly with Bull divs on weekly, it will take time, months or a year, but after a consolidation at the lows it will move up. There is a possibility it can explode to the upside with no cap present, it can present danger to Alts run next Bull cycle which is expected to start post halving into 2025 End.
Bitcoin Dominance% - Let's go!After that beautiful break and retest, a new higher high, Bitcoin dominance has passed a resistance and should be going to create a new range being the purple box support (if all goes well and it doesn't get rejected here).
- If you take a look into the past in the left side of the chart, inside the major rising wedge, there's a light green pennant (triangle) right above this range - consolidation before it exploded. Let's hope so, no hurries Bitcoin!!!
BTC.D ( dominance ) end of the yearhello dear trader and investors
btc.d under the strong resistance + there are RTM pattern price action on this chart ...
i think( btc.d) ready for correction and it can testing the PRZ zone on fibou 0.618 + dynamic suport zone and mini altseason began ...
What is altcoin season?
The season of altcoins, or simply “alt season”, is a market cycle in which the price of a significant number of cryptoassets, which are different from BTC, have better growth indices than the above currency.
good luck
Bitcoin Dominance vs. AltcoinsBitcoin dominance is an extremely important parameter for traders and investors.
It marks the beginning or end of altcoins season!
CRYPTOCAP:BTC.D
Bitcoin dominance is an important metric for understanding the overall health of the cryptocurrency market. As the most dominant cryptocurrency, it's an indication of the strength and popularity of the asset, and can be used as an indicator of the overall market sentiment. Therefore, investors need to monitor Bitcoin dominance to gain insights into the current state of the market.
#btcd #bitcoin dominance preparing a new leap? Beware!..#crypto market is greedy nowadays. But when everyone is greedy, take extra caution.
Money flowed into #altcoins , while #btc price is moving sideways and naturally #btcdom indice is slightly corrected. But BTC.D is about reach the support region and it' s probable that it may bounce there.
If bounces hard, that will surely take money from altcoins if there' s no money inflow to the crypto exchanges from outer globe. (While btc price goes up)
If there' ll be dump on btc, altcoins may have a blood bath.
NOT FINANCIAL ADVICE.
BTC Dominance ideaAn idea about the BTC Dominance.
Thats the move that i expected to see till the BTC halving.
Already is on Breakout after the Fake news about BTC ETF.
But.. I expect to see higher moves with the upcoming hype about the BTC Spot ETF.
If we see a 10% pump at fake news what moves we will see after Blackrock and other big institutions will Start shill BTC to their customers ?
Bitcoin' s DOMINANCE is looking Bullish BTC is now retesting the bullish breakout and if succeed, btc dominance will continue moving upwards. If same time , btc pumps, this is a good sign for bulls. If same time, btc price plunges, this will be doom for bulls. And both cases, altcoins' prices will suffer if BTC dominance goes up. Due to increasing volatility, be careful hold on guard and use stops.
NOT FINANCIAL ADVICE.
📈BTC.D analysis, ready to fall below the📉CRYPTOCAP:BTC.D
Hello Traders, please check out my previous ideas.
As indicated in the chart, Bitcoin Dominance can return to the yellow range before moving upwards.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌