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Dominancebtc

BITCOIN dominance update best time to buy altcoins when btc domiance is above 55%. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. best time to buy altcoins when btc domiance is above 55%
CRYPTOCAP:BTC.D
by bullstraders7
When I see this, I can't think of an alt-season.Look at the size of the reversal pattern that has formed. It looks like a year and a half long sloping channel. I put a 3D Renko to remove all noise, and left only VFI LF. That's the way it is. Regular bullish divergence and very persistent. I believe there can be no real (as we like 3-6 months, not these "2-3 day alt-seasons") alts pumps in 2023, because imagine how long it would take to work your way out of that pattern? It's shaping up to be an assault for 51% and then on to somewhere around 60%... Well you know, every now and then bitcoin stomps all the coins so that it leaves them wet. It's been too long since that happened. There was just a boring drop, but no real massacre. Now it's coming. P.S. I know there's plenty of bullish sentiment. Guys, don't forget that a fall requires just as long a consolidation at the bottom before a rise. So far we have a fall and no consolidation (weekly chart i mean).
CRYPTOCAP:BTC.DLong
by averkie_skila
10
BTC Dominance breakoutI have been tracking this chart for a while and have posted it a couple of times in the past (Links below this post) . In the last update we saw a rejection from the 3D breakout line and BTC.D was testing the Buildup support, which was held and resulted in a move to the upside. Right now, BTC.D is again testing the 3D breakout level and following are the implication of BTC.D breaking out. When the Bitcoin Dominance (BTC.D) surges to the upside, it typically signifies that Bitcoin is outperforming the rest of the cryptocurrency market in terms of market capitalization. This increase in Bitcoin's dominance can have several implications for the broader crypto market: Altcoin underperformance: As Bitcoin's dominance increases, altcoins may underperform relative to Bitcoin. Investors and traders tend to shift their capital from altcoins to Bitcoin in search of better returns, causing altcoin prices to stagnate or decline. Market sentiment: A rising Bitcoin dominance can indicate that market participants are becoming more risk-averse, as they move their investments from riskier altcoins to the more established and widely accepted Bitcoin. Reduced liquidity for altcoins: As more money flows into Bitcoin, the liquidity for altcoins may decrease, making it more challenging to trade altcoins and causing more significant price fluctuations. Temporary trend: It's important to note that an increase in Bitcoin dominance can be temporary, as market dynamics constantly change. After a period of Bitcoin outperformance, the trend may reverse, and altcoins might start to regain market share as investors look for opportunities in undervalued assets. Correlation: Although a rising Bitcoin dominance often implies altcoin underperformance, it's important to remember that the crypto market is highly correlated. If Bitcoin's price increases significantly, the positive sentiment can spill over to altcoins, leading to a delayed positive impact on the broader market. It's essential to monitor both the Bitcoin dominance index and the overall market sentiment to make informed decisions about your cryptocurrency investments. Keep in mind that these trends can change quickly, and it's crucial to stay updated on market developments and adjust your investment strategy accordingly.
by zakoraio
Bitcoin Dominance Analysis According to the data of Bitcoin Dominance chart, it can be seen that it is placed between two support and resistance levels (blue and red areas). My personal opinion: According to the analysis of liquidity in the market (link below) We will have the growth of Bitcoin dominance and this shows that the growth of the price of Bitcoin will come with it. Of course, I must mention that because we will not have a significant growth of liquidity in the market, the expectation is a temporary growth of Bitcoin and then the distribution of liquidity to altcoins. The point that is very important is that it should be considered that the price of altcoins will decrease, and after the growth of the price of Bitcoin, Dominance will decrease and the traders will save profit and then enter the resulting profit into altcoins. do
CRYPTOCAP:BTC.D
by ExduS021
💣BTC.D % will reject again from top of Rectangle pattern💣!!!Today let's take a look at the Bitcoin Dominance Index(BTC.D) and see if Altcoins are the right place to invest again if the cryptocurrency market is bullish or Bitcoin. Conversely, if the cryptocurrency market is bearish, can altcoins counter the fall or not❓ To answer the above ambiguities, we should first familiarize ourselves with the definition of the Bitcoin Dominance index(BTC.D%): What is Bitcoin Dominance Index ( BTC.D%) ❗️❓ Bitcoin Dominance Index(BTC.D%) is a measure of how much of the total market cap of crypto is comprised of Bitcoin. It can help you understand the trend of BTC and Altcoins. BTC.D has been caught between two zones of heavy resistance and support for about two years and has formed a rectangle pattern. It is interesting to know that measuring the strength of BTC.D's upward or downward trend can be achieved by measuring the time each upward or downward movement reaches one of the two upper or lower lines of the rectangle pattern. If you look at the chart, every time BTC.D moves from the bottom line to the first line of the rectangle pattern, it takes time, and this shows that the upward trend of BTC.D in the rectangle pattern is decreasing. I expect BTC.D to retrace from the upper line to the lower line of the rectangle pattern and this move will probably last 12-18 weeks. ❗️ Note ❗️: We have to compound BTC.D analysis with some other items such as Total Crypto Total Market Cap $ Index and etc. Bitcoin Analyze (Dominance Index ( BTC .D%)) Weekly Time frame⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
CRYPTOCAP:BTC.DShort
by pejman_zwin
20
Bitcoin Dominance Chart Update#Bitcoin Dominance Chart Analysis:- According to the Bitcoin Dominance chart, the current trend is bullish, and we may see an upward rally up to 48.50%. As a result, we may see a decline in Altcoins in BTC Pairs. It is advisable to avoid Altcoins in BTC Pairs at this time. I hold a very bearish outlook for Altcoins (Alts/BTC). I will provide updates on the perfect entry point for a long-term investment. The support level is at 44.40%, and the resistance level is at 48.50%. Please like and follow me for more high-quality updates. Thank you.
CRYPTOCAP:BTC.DLong
by CryptoPatel
2
"Comprehensive Analysis of the Bitcoin Dominance Chart:-The Bitcoin Dominance chart is currently showing a trading value of 43.30%. Our analysis, as previously stated, has indicated that this scenario would unfold. The weekly chart for Bitcoin Dominance continues to exhibit a bullish trend and we can expect to see an upward movement towards the levels of 50% to 58%. In this scenario, it is likely that alternative cryptocurrencies will experience a decrease in value when compared to Bitcoin. This can be observed in the market through the decrease of the altcoins in their respective Bitcoin pairs. It is important to keep in mind key levels for the Bitcoin Dominance chart, including the support level of 41.50% and the resistance levels of 48%, 58%, and 71%. These levels will give traders and investors an idea of where the market is likely to react. This high time frame analysis of the Bitcoin Dominance chart provides a comprehensive view of the market trend and potential future movements. It is crucial to keep a close eye on this chart in order to make informed decisions in the cryptocurrency market.
CRYPTOCAP:BTC.DLong
by CryptoPatel
7
Bitcoin Dominance Explained. When to buy Alts? BTC domination: how to use it? And when to buy Altcoins? Today we will talk about Bitcoin Dominance. What is bitcoin dominance? Why is needed? And why exactly Bitcoin? Bitcoin is the first and the largest cryptocurrency by market capitalization. Altcoin is any cryptocurrency other than Bitcoin. Dominance (BTC.D) displays the relationship between the direction of movement of different cryptocurrencies. To find this index you just need open TradingView and type BTC.D There are quite a lot of indexes known to you in the world, the most famous of them are: Dow Jones Industrial Average S&P 500 RTS Bitcoin dominance is the ratio of its market capitalization to all other cryptocurrencies. However, we cannot trade this index. Pure math: if the capital invested in bitcoin decreases, then part of the funds goes into altcoins. BTC.D gives an understanding of the general direction of the market at the moment and helps to determine when alt pairs are correlated with the first cryptocurrency. However, the dominance of Bitcoin is declining as new cryptocurrencies emerge. Why? Because the capitalization of the alts is increasing much faster than the capitalization of bitcoin. Bitcoin dominance often depends on the altcoin season Altseason is a period during which altcoins gain a significant market share relative to Bitcoin, thus reducing the dominance of Bitcoin. Note, however, that Bitcoin dominance does not always depend on the phase of the market. What does it mean? This means that if bitcoin falls in price, and with it the alts, then the dominance of bitcoin will remain approximately at the same level. I prepared this cheat list by which you can determine the further movement of alts, depending on the Dominance of Bitcoin You can always use it! Bitcoin dominance also can be used even on lower timeframes but it’s not a magic pill and you should understand some alts follow more btc some less. Thats why you can see situations when bitcoin going down and some alts with low cap can pump 100% in a few days. Bitcoin dominance is just a tool that can give us more information about the state of the current market, and its possible future. On the Bitcoin Dominance chart, technical analysis works well, its help you to try predict the movement of the Bitcoin price relative to other alts. 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"!
BITSTAMP:BTCUSDEducation
by Crypto4light
3
USDT.DOMINANCE 1DAY UPDAYE BY CRYPTO SANDERS !!Hello, welcome to this USDT.dominance update by CRYPTO SANDERS. CHART ANALYSIS:-USD.dominance update USD has broken the bottom line by forming a dominance ascending triangle pattern and the latest one also continued from a 7.27% decline to 6.55% next target for USD dominance could be 5.81% if USD dominance breaks to 5.81% If this goes up, we can see USD dominance up to 4.59% I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:USDT.D
by CryptoSanders9563
BITCOIN DOMINANCE UPDATE BY CRYPTO.SANDERS !!Hello, welcome to this BITCOIN dominance update by CRYPTO SANDERS. CHART ANALYSIS:-BTC DOMINANCE A small update on BTC dominance that is pumping up BTC. usdt.d similarly dumping btc dominance which is forcing btc peers to dump older coins btc has created support by breaking the local resistance zone next target of btc dominance may go from 47% to 49% this strong resistance level btc is from here dominance job will be rejected in bottom trade so btc altcoin is going to give very good rally so we will do some update by entering btc pair coin and spot it. thanks for reading my update I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:BTC.D
by CryptoSanders9563
5
BITCOIN DOMINANCE: FACING SOME RESISTANCEHello traders, it's me Dexter with yet another update on BTC dominance. This is going to be important so make sure you read it till the very end. The timeframe used: 3 days. So, BTC.D is basically Bitcoin’s share out of the total market capitalization of all cryptocurrencies. Bitcoin Dominance tells you whether the altcoins are performing better, worse, or similar to Bitcoin. Recently, we saw altcoins make some good gains along with BTC, and also we saw BTC dominance increasing close to 9%. Technically, these three don't go along together. If BTC.D increase along with BTC then Altcoins decreases but this time it didn't happen that way. This proves that the trend is changing and the market doesn't necessarily follow the same old rules. So, what's next? Both BTC and BTC.D are at the resistance and the total2 broke out above the resistance. If BTC.D breaks above the 44.5% resistance level then it will possibly move toward the next initial target which is the 48%-50% resistance level. A rejection on the other hand may drop the dominance back to a 42.4% support level. Things are crucial at the current resistance level. If BTC.D gets rejected then BTC must continue to rally in order to keep up with the altcoin's rally. What's your thought on the BTC dominance? If you have a better explanation then I would be happy to know to get some ideas from you guys. Thank you for reading. Trade safely.
CRYPTOCAP:BTC.D
by Dexter_The_Trader
2