Learn and understand how to reads market 👍 (These charts will help you to understand market)
- Btc dominance took breakout and chances to test upper resistance if it holda this breakout (so we can see dip in alts)👍
Bitcoin Dominance Chart Analysis: Market Insights and Predictions
Bitcoin dominance, or BTC dominance, is a metric that measures the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies. This indicator is used to gauge the strength of Bitcoin relative to the broader crypto market. Currently, Bitcoin dominance stands...
BITCOIN DOMINANCE 1-day Chart
As Per Broadening Wave pattern movement into BTC Dominance Chart, it's crossed today 50% of Dominance now. Its last time into above 50% of Dominance at 1st May 2021 at final stage of Bullrun finish point. but very big chances, as per pattern that it revert at 45-46% again last time in July to August into Last Bearish Zone cycle and...
BTC (Dominance) 1Hr Chart
Its Dominance Chart Of Bitcoin
It's Forming Descending Triangle Pattern i.e. Bilateral Patter
Where It Can Break Both ways
If It Breaks Upward ALT Coins Will Be Green
If it Breaks Down ALT Coins Will Be In Red
❗️BTC Dominance Update❗️
Btc Dominance looking bullish and can very bad for alts.
Also this month Dominance have a great fundamental that is march month.
So I request you all that plz trade carefully with proper stoploss.
Bitcoin dominance is at major support. If dominance break below the support zone we will see a good rally in altcoins. The DeFi hype may break the support zone and bring a good altseason. Many altcoins did 3-5x from their all-time low price. The alt rally will attract new investors and that will increase the price of bitcoin also.
The dominance will bounce back...
