BTC.D trade ideas
Bitcoin Dominance Bearish Setup for Crypto Bull Run- Bitcoin Dominance is currently trading at 60.08%
- Bitcoin Dominance is the biggest reason behind ALTCOINS dumping hard since months.
- BTC D market structure will shift bearish once we see a weekly close below 58.57%
- BTC.D under 58% will trigger an impulsive move in Altcoins and that can lead to a huge rally in alts worth 300-500%
- Bitcoin Dominance dumping might also lead to a parabolic shift in ETH/BTC.
- Ethereum and other alts will jump hard only when this dumps, 2 zones I am looking for to expect a reversal from for BTC D is 64 and 72 for a worst case scenario.
IS THE PAIN OVER FOR ALTCOINS?For the last couple of days Bitcoin has been breaking ATHs daily and the ALT coins are continuing to suffer. This has been largely correlated to bitcoin dominance over the previous cycle. So, I tried to analyze what will be the peak of bitcoin dominance this cycle. Look out for 63.83 % level as this looks to be the top of BTC dominance this year.
It is interesting to have a glance at #BTC Dominance levelJust have a look, imho, it appears #BTCDominance sill soon hit its peak within a couple of weeks. it will usher, most probably, a very interesting shift from #BTC to #Alts.
Let us watch it closely
24.10.21 Whale Indicator - Start of altcoin?Bitcoin Dominance (D.BTC) - 4H
Bitcoin Dominance (D.BTC) recently closed below the orange whale indicator on a four-hour and daily basis
We have to wait and see the current flow, but if a few more candles come out, I think we can see a clearer direction
If Bitcoin Dominance continues to show a downward trend, we can expect more active movement in the altcoin market than in Bitcoin
Continuous monitoring will be needed for more detailed analysis, but strategic preparations for altcoins will likely be needed
However, if Bitcoin Dominance rises above the orange whale indicator again, the current downside view could be nullified
In this case, it is necessary to recheck the new direction after checking additional candles
Now is the time to closely monitor the short-term flow and modify the strategy according to the indicators
BTC.D target 70%In May 2023 I predicted that BTC.D (BTC ratio in the entire crypto market) will increase, and this season the index can reach 65-70%.
Bitcoin Dominance Bias Update + Altcoins Rally - Bitcoin Dominance is currently trading at 57.58%
- Altcoins will only trigger a rally when we see BTC Dom triggering a sell-off and bearish trend
- Bitcoin Dom has shown a very minimal slowdown and retracement that's leading to altcoins jumping
- I will be more interested to see BTC Dom breaking down and changing its Market Structure and that's where you will see Altcoins jumping more harder.
- Wait for a structure shift beneath 54% and claim back to 55 and then again a drop that's where we will see huge expansionary moves in Alts
- Q4 has been very bullish in the past expecting the same this year as well.
Bitcoin Dominance & Altcoins Crash/Pump Analysis Correlation- Bitcoin Dom has broken out of its long weekly consolidation supply
- Bitcoin Dominance is now making all the Altcoins bleed
- Bitcoin Dom signifies that the money is flowing more into Bitcoin and getting pulled out from other cryptos to Bitcoin
- The current situation only looks Bearish for Altcoins and Bullish for Bitcoin
- However to see an ultimate rally in Altcoins we will have to see a strong rejection in BTC DOm and USDT Dominance
- Prepare yourselves and your Fiat accordingly
BTC.D ALTS SEASON SCENARIO two possibilities and one result. But definitely move up is possible to squeeze the weak hands on alts.
#Bitcoin Update on 19.06.2024One Good News Finally, Daily candle Closed Yesterday in Our Yellow Area. And Now Price is Moving Positive Till Now On 4H. Here we Have The Support And Resistance. We Have To Turn The Trend At Least on 4H time Frame. And Then Insha Allah we Will Open Some Altcoins Trades. But Dont Hurry to Open Too Early Trades on Altcoins. Becuase Better Losing Some Profit then Hitting Again The Stoploss.
I wish You All very Nice Day
Btc dominance are postive against monitory policy fed rate Last cycle btc dominance create High after 2 month rate cut
Altseason Confirmed: Altcoins Surge as Bitcoin Dominance Decline*Title: #BTC Dominance Breaks Support: Altseason is Here! 🚀**
Description:
In this video, we dive into the latest market movements confirming the onset of #altseason. As Bitcoin dominance (BTC.D) breaks through its critical support line, altcoins are set to take the spotlight with explosive growth potential. Join us as we analyze:
1. **BTC.D Breakdown:** Detailed analysis of Bitcoin dominance breaking its support line and what this means for the broader crypto market.
2. #Altseason Indicators:** Key indicators signaling the start of #altseason and why altcoins are poised for major gains.
3. **Top Altcoins to Watch:** A rundown of the top-performing altcoins and those with the most potential in this bullish phase.
4. **Technical Analysis:** Expert technical analysis on #BTC.D, including trend lines, support/resistance levels, and what to expect next.
5. **Market Strategies:** Proven strategies to maximize gains during #altseason, including portfolio diversification and risk management tips.
More Green candles loading in BTC and ALTsAs i told you earlier the USDT.DOM forming head and shoulder pattern so bullish momentum in btc and alts coin. Now more pumping loading as btc.dom have to reach to upper wedge resistance... 70k loading.
Bitcoin Dominance Altcoins Update - Bitcoin Dominance is currently looking bullish on a daily timeframe
- Bitcoin Dominance bearish is a green signal for Altcoins holders
- Once you see Bitcoin Dominance getting rejected from the 56-57% level altcoins will recover the partial dump they all made recently
- Altcoins bags exposure will be right once you see dominance trading at supply
- Buying altcoins when Bitcoin dominance is trading at demand is always a bad choice
Ready for Altcoins Season? Bitcoin Dominance Analysis Ready for Altcoins Season? Bitcoin Dominance Analysis
Critical Level: #Bitcoin Dominance hovers around the pivotal 55% mark, with potential outcomes hinging on breakout or rejection from 55%-57% resistance.
Altcoin Scenario: Breakout could trigger an altcoin bloodbath, while failure could signal a significant altcoin season, potentially leading to new all-time highs.
Observation: #BTC Dominance exhibits a pattern akin to the Bitcoin 2021 top.
Confirmation Needed: Await an impulse downward to solidify the pattern, reminiscent of the 73%-39% move in 2021.
Asymmetric Bet: Despite prolonged anticipation, the odds favor altcoins, presenting potential lucrative opportunities.
Patience Pays: Success rewards those resilient against social media sentiment and market frustrations.
Action Item: Vigilantly monitor charts for potential market movements, seizing earning opportunities as they arise.
#AltSeason #Altcoins #Cryptocurrency
#BTC.D reaching high resistance level Anticipating resistance for #BTC.D at 57% or 62%, which could signal the start of altseason. Keenly observing for a break in the support trend line. Stay tuned! #crypto #trading
Btc.dom could fall from long 2 year bullish wedgeBitcoin can goes to 40k range back if btc dominance will break long 2 year bullish wedge.
BTC.D standing at imp support and trying break imp resistance BTC.D : if it cross 57% resistance then huge chance for accumulation altcoins becoz alts go down.
if it breaks support we will see the alts rally.
now time to accumulate more altcoins and focus on alts.
Crypto Market Update: Bitcoin Dominance & Altcoin SeasonCrypto Market Update: Bitcoin Dominance & Altcoin Season
- MIL:BTC Dominance: Bitcoin's market share is near a 3-year high. Remember, a rise in CRYPTOCAP:BTC.D means more market cap is going to Bitcoin instead of altcoins.
- Altcoin Opportunity: The best setup for altcoin growth is when MIL:BTC price rises but CRYPTOCAP:BTC.D falls. This means money is moving into altcoins.
- Market Status: Altcoins had a tough week, while Bitcoin was stable. If CRYPTOCAP:BTC.D hits 57-58%, get ready for a real altcoin season!
- Ready to Act? The perfect time for altcoins is coming. Stay updated and be prepared to move!
Bitcoin Dominance Analysis- Bitcoin Dominance is currently at a stage where it can either
1) Take a small pullback and let Altcoins breathe
2) Move up more from here and we might only see a reaction around 55
- Bitcoin Dominance is very underrated when it comes to following this as an Index
- I think this should be considered as a preliminary when it comes to Trading Cryptos
3) Do not take many confluences before Trading as well
BTC.D bearish divergenceBTC.D formed bearish divergence which leads altcoins to rise when btc decreases altcoins will increases both are inverse related
$BTC.D Buckle up, Altcoin Fam!CRYPTOCAP:BTC.D Expecting the true alt season to arrive later. Bitcoin Dominance Index is currently consolidating for its last legup, potentially reaching 60% or beyond in the coming months.
This isn't a signal to sell, but a suggestion to buy more. The real altcoin excitement is still ahead. #Bitcoin #Altseason
Bitcoin Dominance: Diamond Top PatternHey Guys,
Bitcoin Dominance is currently in Diamond Pattern, if its breakout is above then there can be a huge fall in Altcoins. If its break below then Alts will fly fast, its depends which Altcoins you hold...!! Keep eye on this..!!
See chart for more understanding. Don't forget to hit Boost Button & If you want more such ideas then follow me..!!
Disclaimer: I am not financial Advisor; this is my opinion I am some guy on the Internet. Crypto market is highly volatile, do your own research and jump into the trade..!!
