Dominancebtc
BTC Dominance Should Come BackI believe BTC Dominance is making RS-H-LS.
If it will pass %73.4 then I am wrong.
If I'm right it needs to come to 0.68 Fibo.
BTC DOMINANCEThe money is flowing from USDT to BTC and ALTS at the same time. This results in BTC.D and ALTS.D rising simultaneously, and so does BTC and ALTS. Exiting times.
Moral of the Story: BTC.D is not a good indicator if not combined with other factors. Unlike the common belief "when BTC.D rises Alts get rekt", both can rise together if the market is right.
Happy trading.
Conquerer
Alseason may be middle of January Bitcoin dominance above 70%We are close to similar bitcoin dominance like in 2018 when first altcoin rally started.
This time the 70% seems will be reached in next two weeks.
If the altseason will not start till that time, we will see crush of altcoins against bitcoin when they will be exchanged to bitcoin.
But even if altcoins will hold their price in FIAT most of them will be suppresed by "monster" altcoins ETH LTC.
Some IDEA based strong community coins will survive but most will disappear after monopolisation of crypto market by bitcoin, eth and ltc
BTC DOMINANCEBTC Dominance Weekly chart analysis
Pure C&H pattern (rocket bullish pattern)
Now btc dominance faces multiple resistances :
c&h neckline resistance
Horizontal resistance
Trendline resistance
200 EMA dynamic resistance
If btc managed to break this point
Btc will rocket moon more than any one will expect
Alts will bleeding more specially satoshi coins
That's why in last days i share only tether coins signals
I hope dominance not breakout up more
In hope alts can have breath to grow
🚨 Please take care of your active trades
And be ready for everything at this senstive area
Good luck 🤞
Bitcoin Dominancedominance chart is reaching a strong historical resistance. The end of the altseason could be marked by the 50% level.
BTC Dominance chart nearing correction completionMy prediction of an abc-x-abc correction near complete with btc dominance. alt szn upon us?
Bitcoin Dominance still pushing | When will Alt szn start?Bitcoin dominance is strongly trending and so is price. These are two important metrics in identifying a strong BTC Bullish trend. Historically BTC bull markets - and especially the final 'blow-off-top' movement in BTC is accompanied by both price and strong dominance appreciation.
So when will Alt szn come? Let's look at historic BTC price + DOM and compare that from 2017 to 2020
Altcoins are bleeding but suffering continues ...bitcoin dominance formed a cup and handle in daily time-frame.
$BTC D to kick off an alt runWeekly rejection of 73% may be the start of people flipping into alts. LFG
Bitcoin Dominance Elliott wave, ABC correction going onBitcoin dominance touched 70.5% and rejected from there. On the weekly chart, Bitcoin Dominance completed the Elliott wave pattern and now the ABC correction wave is going on. The B wave is completed with a 70.5% high and now we started the C wave. 67.5% level is the next support zone for Bitcoin Dominance and after that, we see a quick fall in dominance. The upward momentum is broken on the daily chart.
The next 2 weeks are very crucial and decide the move of alts. Bitcoin is also stable which gives little room to alts. Hold your bags tightly and place sell orders. Don't Hodl alts too long. Make an exit plan and place orders within range, don't except 10-20x directly. Book some profit or take back your investment at 2x and enjoy the ride. Let's hope 2021 will bring the best for us.
BTC domi, a fib playI am looking for wave B to complete as it is over start of wave A and a wave C to follow down as per the chart. Currently within the 1 - 1.27 fib zones where I am looking for reversals.
If it doesn't happen, BTC will go to 80%+ in next months.
BTC.D will be rejected and ALTSZ start??Hi trader's. Btc.d is In the face of it's resistance, we expect a fall to the specified point. if this scenario happens this will be a very good opportunity for buying altcoins .
