Destiny 4h BTC.DIn the four-hour frame, the candle formed very clearly shows the impact of resistance and promises a fall
BTC.D trade ideas
Destiny 4h BTC.DAccording to the type of piles formed and according to the pattern taken, and according to the indicators, shedding is inevitable
Alt Season Incoming Super Bearish BTC DominanceAs we can see there is a head and shoulders pattern and also looks like a massive rejection is about to happen
BTC Dominance and BTC PricesBitcoin Dominance spikes in either direction correlate to volatility within the Bitcoin market.
Did I Time it?Back in 2020, I noticed some demand zones/Order Blocks in BTC. My question to you guys is, it I technically time the bottom or not
Altseason incomingBearish RSI divergence is going to bring the BTC.D down and ALTS are going to skyrocket
Is it just a March 2021 replay?The idea is simple. Bitcoin is in macro distribution phase. 58k potential support. Bullish on alts.
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!
Bitcoin dominance will decrease against altcoins is nearBtc dominance its in danger now ... altcoins will pump AF
BTC dominanace Rising wedge likely to break downbreak down of the rising wedge could see us going to 50% dominance as we are rejecting from the 55%
~52.7%Hi.
I have to admit that there is an increasing likelihood
of dominance falling off the ascending diagonal at last.
The 1 day and 2 day charts show the corresponding signs.
But things are happening very slowly.
We have to wait for behavior around ~52.7% .
But signals are very interesting.
9 seasons showed a bearish plot again.
LaRSI reversed on 2 days.
📈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.🍾
Mapping out some indicatorsUsing the Bitcoin dominance to understand the flow of money within the cryptocurrency market, particularly the rotation of investment between Bitcoin and altcoins (including large-cap, mid-cap, and low-cap cryptocurrencies).
Bitcoin Dominance and its Future as a gauge
The Bitcoin Dominance has been a near Vital part of the Crypto trading Experience for many people, essentially showing us the ebb and Flow of the primary Crypto money flow.
As we can see, from around 2016, things changed as ALTS came in and began competing for the available money in a bigger way than previously..
The BTC.D dropped sharply around 200 days after that halving in 2016 and. to date, was the largest Fall ever, due to the transfer of money from BTC into the ALTs world.
BTC.D began rising after the 2017 BTC ATH and, on average, Rose till the next halving date.
But this tine, after halving, It dropped from around 80% to 60% and then rose again till Dec 2020.
From there, it drooped sharply, ALT season began , BTC ATH was achieved again, twice, while BTC.D Dropped.
From the First ATH, March 2021, PA Ranged effectively until late 2022, when it began rising to the levels we see today, which are Noticeably lower that previous occasions, due mostly to the ALT coins.
What needs to be noted here is the simple fact that BTC. Dominance DROPS as we approach Bitcoin All Time Highs. This creates DIVERGENCE in effect. This has happened Twice.
The BIG question is really, Will it happen again ?
This time round, it is the ETF world that will effect the BTC.D and it will Keep BTC.D at a level outside of the retail market. Probably leading to a smaller Drop after the period after Halving.
And what will this do to the ALT SEASON >
Bitcoin ETF do not guarantee that money will remain in Bitcoin...we have recently seen the first RED fday of money inflows ( meaning they were out Flows) from the ETF.
The things I am looking forward to seeing are this
1) Will BTC.D PA Drop as we approach BTC ATH ? It would make little sense for the ETF market to sell off its BTC while the price Range RISES....so will we see that Divergence once again and if so, what will drive it ?
2) will shortage of supply lead to a sustained Price increase....thus creating a Higher Bitcoin Dominance ?
3) What will trigger ALT Season if money stays locked in Bitcoin, Keeping ~BTC.D high ? Retail is finding it a lot harder to enter Crypto ......
4) WILL The ALT season that surely must arrive, will be epic as the ETF crowd sell up after the ATH towards the end of 2025 ( My view and not advice )- BUT - this will only happen if other Crypto ETF are allowed......OR WILL IT
Only Time Will tell....The number of possibilities are endless.
I cannot wait to see what happens after this halving.........
be ready..be Cautious and be safe
Ending Soon 2024 Bull RunAs compare to previous bull runs, the current bull rune is too small and ending Soon.
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Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @frmnCapital
It can still happenThere are still hundreds of good looking alts. Alts should stop following Bitcoin.
Bitcoin traders are so emotional. My last idea proved this one more time :D
Don't be emotional. Keep looking for good altcoin setups. There are opportunities.
BTC.D can we see a mini altseasonBTC.D
As long as the percentage is below 54.5
the target will be 52.5
which means we can see a mini altseason on play
trade safe and follow me 😉😉
Nasty downturn. $GHX not bad and will rip upwards Not ALTSEASON still yet some alts have outperformed BTC by a mile. L2s look depressing and those who invested from last quarter hadn't had good returns. Very doubtful!!
Slight nimbling on $Kimbo, the community meme of AVAX and had been doing not badly in this bloodshed.
BTC Dominance Is Square... Alts Ready To Rip?One of the most faithful reversal signals in charting anything whether it be financial instruments or anything else is the meausre of momentum. As momentum drys up the trend curves until flat where there is either a renewal of what is driving the trend as it consolidates and ranges or it reverses.
This is weekly chart of the market cap of bitcoin versus the rest of the crytpo market. When a larger percentage of the overal crypto market cap is going to btc the trend rises, hence the word "dominance". With that said like all industries, participants tend to stick around and simply rotate capital from one area to another. When this occurs we see a flattening of the momentum in bitcoin dominance while the overal crypto market cap is still increasing. This is a clear indication that as more liquidty comes into the crypto market more and more is going to other "ALT" assets vs BTC.
We may or may not see a major alt season but if we are going to the time is approaching.
Current Trading Plan:
Continue to accumulate other cypto assets in a DCA fashion. Dominance has NOT broken to the down side yet. When it does start to brake down increase buys on any dip far more aggressively focusing on the increase of the entire market cap of crypto while BTC dominace trends down. A flattening in the overal crypto market cap and rise in BTC dominance will occur as the alt season IF we get one winds down.
Trade Well....
Your Friend,
Degen
BITCOIN Dominance: Important for all Alt Hodlers!BTC dominance is increasing and i can see the momentum is also growing. it has monster support at 39.50 - 40%. and after weekly analysis it is making Adam & eve double bottom and i want everyone to be careful if its break the weak resistance which is at 56%-60%. if its break that it ALT will fall with rapid pace and Dominance will hit the supply zone with rapid pace too.
And i will buy most coins there!
thank you for reading.
#BTC dominance #BTCD is showing strength, #altcoins ' pain upCRYPTOCAP:BTC #bitcoin dominance is forming W bounce for moving upwards. Money will flow from #altcoin s to #bitcoin . Isn't it clear?
NOT FINANCIAL ADVICE.
The next alt season.The relative strength oscillator begins to lean towards the alts, after an initial important upward movement in BTC, the alts seem to want to follow the trend. I can deduce this from the fact that for the first time in the last two years, the oscillator has been downwards for longer than upwards, furthermore it has pierced the previous low, therefore added to the alts charts which are mostly set upwards, we can hope that this is the beginning of the new alts season. I don't expect the crazy percentages of previous years, but I can't rule it out for sure. The only thing I can do is expose myself more towards the alts hoping to have hit a good moment to establish that we are in the alts season. I put some signals in the history to see what happened in the past, it is clear that once the zero line was broken, then a period almost a year and a half long began where the alternative currencies to bitcoin had better performances than to the queen of cryptocurrencies.
