BTC.DBitcoin D will lead to a decline to the 52.62 and 51.3 areas, and our descent to these areas is very good. We are following the analysis, and if it reaches this place, it will give us a very good market. Thank you.
BTC.D trade ideas
BTC.D :Dominance of Bitcoin is falling and you are annoying, everything is also going to Ethereum, if Bitcoin is bearish, you can open a short position, even coins that hit Bitcoin in the red, if Dominance of Bitcoin is bullish, you have found bullishness in old Ethereum. It is more logical to open that long position
Altseason is among us.545 days of bullish btc dominance just broke out to the downside on the daily chart. its time to make some real money.
Can BTC dominance break free?CRYPTOCAP:BTC.D chart is testing the trend line.
I'm not sure whether BTC dominance will rise after crossing the trend line, but it's a good time to take a look.
Let's see what happens!
ALT season incomingBTC Dominance has been rising since the end of 2022.
That's about 1.5 year.
We can find a similar pattern from Jan 2018 - Sep 2019 (little over 1.5 year), BTC dominance had dropped from Sep 2019 - May 2021 (about 1.5 year)
I drew the expected BTC dominance for next 1 year (white line)
Let's see the result after a year.
BTC.D Adam and Eve - Is it time for BTC to dominate the market?CRYPTOCAP:BTC.D
On higher time frames (monthly in my example) we can see a massive Adam and Eve pattern forming for Bitcoin dominance. We have multiple scenarios pointing to an increase in BTC.D the most important of which is that BTC has broken ATH (March 14) but hasn't entered price discovery yet. Once this happens, we know historically that BTC will absorb a large portion of the crypto market, driving dominance up.
However, because of the maturity of BTC, with increasing institutional buying (ETFs etc.), and things like the massive bullish divergence we see on the MACD, we can assume that this upcoming phase in the market cycle might be the most intense it has ever been, sending BTC.D to the moon and confirming our Adam and Eve thesis.
Only time will tell, but I think we're about to enter the Garden of Eden.
$BTC Dominance on the Verge of BreakoutCRYPTOCAP:BTC Dominance on the Verge of Breakout
Watch Closely: CRYPTOCAP:BTC Dominance is trying to break out. If this happens, trust me, get ready for a massive altcoin season!
Key Support Level: The altcoin market is finally poised for a massive bullish wave only if it breaks down this critical support level at 54%.
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When will the altcoin season come in 2024 ? When will the altcoin season come in 2024 ?
Let's prepare for this cycle's huge altcoin bullish market 🚀 #BTC.D
Righ now, I will share my personal experience to know when the altcoin season will come in 2024.
Based on the 2016 and 2019 cycle, I know the important signs based on the BITCOIN DOMINATION CHART.
Every time the BITCOIN DOMINANCE CHART make peak, this index will decrease, then the proportion of the entire altcoin market will increase.
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#btc #Altcoinseason2024 #BullishOnCrypto
BTC.D1. I believe we are essentially at December 2020 for Alts compared to last cycle.
2. So we should have 4-5 months of Alt season coming now with ETH ETF Approval.
3. The best strategy to start selling your alts will be when we make a lower low on BTC Dominance at %30 - 35%
alt dominance looks goodsend alts up and then walk away
think its time for eth and the high cap memes and then later the total shit
BTC.D at Critical Support: Potential Altcoin Bullish ScenarioBTC Dominance (BTC.D) is currently testing a crucial monthly support line from the end of 2022. A break below this level could signal a significant trend reversal, favoring altcoins and potentially marking the start of an altseason.
Key Points:
Critical Support Test: BTC.D is at a key monthly support line from late 2022.
Historical Context: The last significant breakdown of this level occurred at the end of the 2021 bull run, with another instance in mid-2022.
Potential Impact: A break below the 54% level could push BTC.D down to the next major support around 52%, which would be extremely bullish for altcoins.
Conclusion:
Losing the 54% support level in BTC.D might lead to a drop to 52%, possibly initiating a strong bullish trend for altcoins. This scenario could be the start of altseason, so keep a close watch on BTC.D for potential trading opportunities in the altcoin market.
About new Bitcoin cycleWhile Dominance alone doesn't mean much for spot, let's keep this in mind. New cycle already started ?
Official Alt Season Call: Could be close!This is a follow up on the ascending wedge forming on BTC.D
I personally think that the break of this wedge will possibly happen in a range bound environment for the price of BTC. However when there are pullbacks the alt coins will recover faster than BTC - leading to a downwards break of the thick white lines and a retest - which will probably see many alt coins increasing considerably.
A self fulfilling prophesy or fate identified?
I will update this chart once I see a break of the trend.
I do think the BTC.D can spike higher to my targets in a previous post.
note the lines on here are for this posts purpose, they are just levels i have previously identified
BTC.D Dominant 1WBTC.D ~ 1W
#BTC.D Get ready, #Altcoin will be pumped soon, hold on tight to your #Altcoin, the rocket will fly soon
BTC dom going to under 50% ??history is repeating itself ??? watch me
After the BTC dom rises for 1099 days, it will experience a correction for 140 days
Lets seee
BTC Dominance in Daily Chart Hello
I am so ok talking about this chart because I really have some basic issues with its structure but because some of you asked me to mark it in Elliott way, so I did it and I hope it works for us.
The last rally of this trend obviously was an impulse but the end of this rally is probably going to make an Ending Diagonal and if it happens, we will see a sharp drop that might coincide with Alt-season.
If it goes true, we will celebrate its crash.
Thanks
#BTC.D Bitcoin's dominance is approaching a local top, indicate#BTC.D
Bitcoin's dominance is approaching a local top, indicated by a descending trendline🔍
This descending trendline has served as a strong resistance level since 2017👨💻
An altcoin season, is expected in the second half of Q2 2024📆
BTC.D 2 week chart suggests Alt Season 2024 is nearingBTC dominance about to break down on 2 wk
Can't break overhead resistance
7 wicks prove. Those are mostly strong wicks too.
1, 2,3,5 tall upside wicks prove resistance strong
bearish engulfing on candle 4
bearish shooting star pattern forming at candle 7
Choose wisely on your alt portfolio
BTC.D BTC Dominance 3DBTC Dominance is moving inside a rising wedge pattern on the 3-day chart, which is considered a bearish pattern. You know what is coming in the next few weeks. Hold your Altcoins with patience.
BTC.D bearish = altcoin seasonhi traders
BTC.D formed a rising wedge which is a bearish pattern. I think that we may see a breakdown soon which may cause an altcoin season.
Can't say when exactly we will get a breakdown but I think it may happen soon, in the next weeks / months..
Altcoins seem to be cheap now as well, so buying some altcoins and getting ready for an alt season is the strategy that we're going to implement today!
What do you think? BTC.D higher or time to breakdown?
Bitcoin Dominance Surges:Is Now the Time to Buy or Sell ETH &BTCBitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market.
Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your Bitcoin and altcoins.
A lot of people have been speculating that it's altcoin season. However, I believe we need one more leg up in Bitcoin dominance as the ETH/BTC pair breaks down and liquidity flows from altcoins to Bitcoin.
Bitcoin dominance
ETH/BTC broke support
To sum up, I believe that we could see the price of Bitcoin rallying within the upper and lower bounds of the accumulation, while Ethereum and altcoins decline. This could lead to a significant rise in Bitcoin dominance before monetary policy comes into play for the next cycle of deciding which altcoin to buy. Expect volatility in the coming months as altcoins decline against Bitcoin.
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Bitcoin Dominance BTC.Dhere is what i think about CRYPTOCAP:BTC.D for a long term around 2 years move.
this is not an advice to buy or sell.
