BTC price movement Hunt funnel ? Will the price move like this ? BTC price movement by Spiceandwolf22
Bitcoin - Market Dominance at 8yr ResistanceBitcoin currently stuck under the 8 year diagonal resistance extending from 2016, and a local horizontal resistance around 54%. Could get spicy over the coming days and weeks depending on what happens next. ~If Bitcoin climbs over 55% that would invalidate a nearly 8 year trend, bullish for BTC ~If it proper rejects here (<52%), we get an alt season by 1BigPapi0
Bitcoin - BTC Dominance (Market Share) at Historical ResistanceBitcoin currently stuck under the 8 year diagonal resistance extending from 2016, and a local horizontal resistance around 54%. Could get spicy over the coming days and weeks depending on what happens next. ~If Bitcoin climbs over 55% that would invalidate a nearly 8 year trend, bullish for BTC ~If it proper rejects here (<52%), we get an alt season by 1BigPapi0
Strengthening dominance!So guys, I'm doing an extra BTC Dominance idea. All just the way I like it, the power signs on the small timeframes led to power signs on the big timeframes! I have no doubt that BTC D are ending the Wyckoff accumulation, and this monthly candle in the narrow SOS range is meant to test the lower boundary around 46.8-46.5. The July candle should be green! A one-month cross from the Kijun-Sen and Tenkan-Sen will form! Why? Because an exit from the squeeze on the monthly chart has begun. We have the first gray cross on the 1M chart since 2020. While people are looking at the 1D, 4H chart the main event is happening on the 1M chart. It's like the inertia of an electric train. It's heavy and crushing. And above this SOS range we have a nice «thin neck» of a red Kumo cloud. If you've watched my charts before, you know that I always pay close attention to those «thin necks». These are places of likely breakdowns up or down. So, we have a charging cannon of a monthly cross of indicator lines in July 2023. We already have a gray cross on SQZMOM ( read LazyBear for more). What else? The Cluster Algorithm has crossed the 70 line! It may well go above 90. I think this process will definitely continue until mid-autumn. But since this is a serious time frame, I give the maximum growth of dominance up to halving. Until BTC halving, i think. I noted April 2024. The disappointment will be killer. Since the enchantment was naive. I know I have an unpopular opinion. You don't have to read it. Good luck. P.S. Remember! Dominance can grow on the fall of Bitcoin. And this will mean that altcoins fall x2 or x3 deeper.Longby averkie_skilaUpdated 232317
Btc dominance Well the crash happened faster than an expected . What’s next.? I think alts will outperform btc . Btc dominance hitting resistance at 55% on the weekly. Now I expect btc to consolidate and alt coins to take back more of the total market cap . So I think alts go green now Shortby Todopoderoso4
Bitcoin dominance drawdownThis could be a top.... Triangle clearly formed. If it breaks up at this location, it would be very incongruent to other triangle patterns I have seen. I welcome your thoughts and ideas and disagreements.Shortby CRYP7OR488171
Altcoin Season Watch with Bitcoin DominanceWe're closely observing the current Fibonacci resistance level for BTC.D. The significance of holding at 55.25% could signal the inception of a potential altcoin season. Exciting times might be ahead!Shortby CryptoPAMMUpdated 2229
If you think the AltSeason is Over, think again...Now things with the Bitcoin Dominance can really get exciting! This is because what we might be witnessing a potential completion of a 455-day-long ABC corrective pattern. Building on our earlier analysis of BTCD, we highlighted a clean bounce off the 641.4% Fibonacci resistance. Shortby CryptoPAMM3
Forecasting Bitcoin Dominance and the Upcoming Alt SeasonWe'll try to predict the movement of Bitcoin Dominance. The last cycle from bottom to top took approximately 1085 days. If we apply 1085 days to our cycle, it turns out that Bitcoin will complete the growth of Bitcoin Dominance around May 6, 2024, coinciding with the channel's peak around 58% ±. The channel's bottom will act as the 32%± zone and indicated a rapid fall in 133 days as it happened in 2021. We are already close to the alt season. What about Bitcoin? For Bitcoin, I will wait for a signal on the 3-week timeframe that the growth has finished. I will no longer guess corrections :)... CRYPTOCAP:BTC #Bitcoin What is bitcoin dominance? Bitcoin dominance is the ratio between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market. It gives a sense of Bitcoin's value relative to other cryptocurrencies, and is frequently used by investors and traders to try to help them make better investment decisions. Indicator (for 3-week timeframe): Shortby UnknownUnicorn285026Updated 7735
BTC.D BTC Dominance 2D BTC Dominance can drop from here. That means we can see a good rally on Altcoins. 51.67% is a level that I think we will have a correction for Altcoins there.by Bithereum_io5
ETH AND BTC CATCHING UPAlthough their marketcaps are ballooned, ETH AND BTC are king & queens in this bullrun. Unless you know which tokens are pumping suddenly, there is no way to outperform these two at the moment.by bonaccueilsc111
Bitcoin dominance looks bullishAccording to the chart of altcoins and the chart of Bitcoin Dominance, it is possible that we have a higher H for Bitcoin Dominance. If this happens, we will see a serious correction in altcoins. Be careful with your buy/long positions on altcoins in the coming days. Comment if you have any questions Thank YouLongby behdarkUpdated 228
Alt season is coming?The technical indicators for BTCD are bearish, and there are a number of factors that could support a further decline in the index. However, there are also a number of factors that could prevent a decline in BTCD. Disclaimer: This is not financial advice. Please do your own research before investing.Shortby sansoorchi6
BTC.D vs BTC/USD vs US10YR vs DXYHow much will dominance rise simultaneously with the BTC/USD pair? Historically, the primary influencing factor on BTC price is the strength of the dollar. However, dominance seems to be more influenced by interest rates, which in a way define whether we are in a risk-on or risk-off environment. Contrary to the beginning of the last bullish cycle, dominance is now rising alongside the increase in the BTC/USD pair. The defined target for dominance is the range between 57% and 60%. Despite being in a period of uncertainty regarding when interest rates will decrease, and with interest rates directly related to the strength of the dollar, the trend for the dollar is downward, hence the BTC/USD pair price experiencing less downward pressure. by RavenstijN2
Bitcoin domananceThe bitcoin dominance appears to be loosing momentum with the scholastic rsi, an dropping not confirmed as alt season yet but it could be round the corner the bitcoin dominance needs to drop into the 40s % then the alt season begins over 50% dominance is still btc controlled market Longby kren0
btc dom My previous analysis of the chart was spot-on, correctly identifying the bottom three years before anyone else, though it was challenging to accept at the time. Currently, we're trading within a triangle pattern, focusing on critical levels, especially the major red zones. The strength indicators remain positive, hinting at an upcoming upward trend. By the end of March, we'll see if Bitcoin will extend its rally or enter a consolidation phase. by superkittyUpdated 5
Get Ready for ALTSEASON 2024🥳📈📉Hi Traders, Investors and Speculators of Charts📈 Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's mind... wen altseason ? Parabolic rallies often occur across the altcoin market after a steep increase on BTC and when BTC trades sideways and loses dominance (BTC.D). I'm not going to go into too much detail here, as I've already covered the rotation between BTC and Altcoins in another post here: I also called the start of a new bullish cycle here: And then went on to call a few alts early to watch for then coming bull cycle: ARE YOU PREPARED FOR ALTSEASON 2024? If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D COINBASE:BTCUSD BINANCE:BTCUSDT Longby CryptoCheck-Updated 16
#BTC.D#BTC Dominanace idea, this should break down any day now and alts should do its run up!Shortby KriptoLovac0
BTC.D 3DBTC.D ~ 3D 📉 #BTC.D, Eventually the Dominance of BTC will soon fall and this will make Altcoin Season, Maybe this won't happen now, but if this support line is successfully broken, then AltCoin is ready to go to the moon. 🚀🚀Longby CryptoNuclear0
📈 Bitcoin Dominance | AltcoinSeason2024This is Bitcoin Dominance... Maybe you cannot understand because I have to share what I see, always with the intention of being of service, help and assistance to you. I love Bitcoin. I use Bitcoin to buy my food; but the market doesn't care about my feelings nor about yours... The market doesn't care about our needs either, it moves in cycles and after it goes down, it goes up. It also works in reverse; After a strong bullish wave comes a corrective phase. But there is always an opportunity between each market phase. Bitcoin Dominance is set to go down because Bitcoin is set to go down. As Bitcoin goes down the Altcoins market will go up. When Bitcoin starts its major corrective phase, we will enter AltcoinSeason2024. It is already happening but it takes a while before it spreads, reaches the news and lastly you. Well, maybe not you because if you've been reading this, you are part of the take profits group. Before we go into the chart please allow me to entertain you a little bit. This is how the whole market dynamic will work for the majority, those that are not versed in chart reading. Remember that this is a specialized niche and if you are reading this, you are way ahead of the mass. You might think it normal but that is not the case. While you work, study and prepare, people are watching Netflix and this takes us to my next point. The majority will jump in and start buying when everything is topping; at the top. At this point you will be taking profits because you were sweating, working when everything was down. You waited patiently as prices consolidated up. When the strong rise is happening, you will be selling to those that are unprepared buying based on FOMO. There is nothing wrong or bad about this situation. When we started trading we bought at the top, waited for years and now we are here and we accept the lessons we learned and use it as experience to win. Everybody will be rushing to see the market, enter the market, buy the Altcoins because they are going up. They are not "going up." They are already up and they've been going up for six months. When the real euphoria phase comes it will be eight months growing, so imagine... It is already too late. And this is the famous "distribution phase." The distribution is you, distributing your coins to new buyers, so we have to feel thankful they are ready to join, to trade, to learn. We will teach them everything we know. And if at some point things get heated, we stay calm and thank them for their support. This is the 3D Bitcoin Dominance (BTC.D) chart. The peak happened on the session 6-Dec. (2023 of course but I always mentioned it to make sure nobody gets confused) and the 26-Feb. session produced a lower high and here is the interesting signal, ignore the way too common bearish divergence with the RSI; the trading volume on the last session is ultra-high, ultra-strong and yet the index produced a lower high. A very strong bearish signal. Down we go. Down one portion of the market. While one portion goes down, another goes up. It is just as the physicist say about energy, "It cannot be destroyed, it can only transform." The same is true for "energy," aka. money in the markets; it doesn't disappear it moves from one place to the next hence, when something goes down, something else, somewhere else goes up. Will Bitcoin go down or not go down? I don't know (I do!), but the Altcoins are already going up. A new All-Time High for Bitcoin? Yes! Absolutely, but later down the road. I can be wrong of course, but I wouldn't gamble on a 10% high risk rise when I can make 100% daily on low risk Altcoins. When Bitcoin was low, we love it; the greatest choice. When Bitcoin is trading near its All-Time High; two years high, near resistance; high up... I don't know about you, but EOS looks good, Filecoin looks good and the rest, it goes on and on and on. Thousands of options. Are you trading for money or for excitement and fun? Depending on how you answer, we can know your choice. This is not financial advice. I love you each and everyday... More and more and more. Thanks a lot for your continued support. Through the pain, the tears, the challenge I continue to grow and evolve. Namaste.Shortby AlanSantana6649
Will BTC's dominance reverse the downward trend?As you can see, we are approaching a downward trend, which may affect the current distribution of capital on the market. Moreover, Halving is approaching, after which in previous cycles the capital from BTC was transferred to ETH and other cryptocurrencies.by cryptodailyuk1
Altcoin Season Just Getting StartedBitcoin Dominance hasn't even begun to drop yet and we've already seen coins like BCH pump 40% in 24 hours. Altcoin season is just getting started and we have a LONG way to go! (Get it, because LONG is the way to go!) We've been waiting 4 years for this!!!by DigiLex_LLC0