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.
BTC.D trade ideas
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..!!
Bitcoin Dominance Trade Setup- Bitcoin DOM is currently moving sideways but BTC DOM itself can help you easily predict where the money is going to flow next
- With the help of this correlation your bias becomes easier and you know where to focus instead of just technical analysis
- If BTC Dom starts moving up from here then you need to stay a little cautious about your Altcoins entries, I would suggest having patience and letting it soar until you see it getting rejected
- If BTC Dom starts to move down impulsively all you have to do is let your winners run and if you don't have any then focus on building partial SPOT Swings.
- Risk on the table shouldn't be breached or expanded if you can't handle it.
Social media outlets are good at portraying and making Trading look pleasing and flashy whereas the real meat is boring and time valued majorly
BTC.D is about to decline, Alt season is coming! Historical data shows in 1month time thet alt season is about to start in few days.
Altcoin Ready to fly soon ? Bitcoin Dominance Chart AnalysisAltcoins preparing for liftoff!
#BTC dominance facing triple resistance:
1⃣ Long-term trendline at 56%
2⃣ 2W cloud
3⃣ Kijin projection
Dominance likely to top soon = #altseason incoming!
Alts about to SURGE. The time is now!
ALT seasonlooks like btc dominance rejected the last 2 times we seen this type of rejection btc.d drops 7% which lead to massive pumps in alts. in this week we will see major pumps in alts
BTC.D AnalysisBTC.D reach 52.8% where buyers zone. i looking for LONG position for altcoins here if BTC.D break through 52.4-52.8% whereas if TOTAL2 increase that should be confirmed of the altcoins season.
We should close all SHORT allcoins at this level and looking for BTC.D run.
#Btc BullrunEither we have to wait another 365 days till the bull run starts or we have just begun the run. I don't see any 10 50 100x. So I doubt its started. Only time will tell, but if no huge X returns, I would say another 365 days to go. I know this is not what pps want to hear. But as an CA I can only go by what's in front of me and static data.
BTC DOM Bitcoin Dominance Update - Bitcoin Dominance is the major reason behind Altcoins falling badly
- Bitcoin dominance is currently rising and trading around 53.7 which looks bullish
- I expect it to retrace and fall back again from its overhead supply
- You should look to add alts once it's near the supply it might pierce it a little and then fall back too
- Do not get trapped
THE ALT SEASON HAS NOT STARTED YETBearish Div on Weekly BTC.D
Retest key trend line caused ALTS bled so much
If Bitcoin Sideway 40-50, ALTS would fly ...
TAKE PROFIT when BTC touches 48%
NFA
Bitcoin Dominance Chart ( Altcoins Pump or Dump ? )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 at 51.30%.
Key Takeaways:
- Bitcoin dominance is trading at a higher resistance zone, which may lead to a retracement.
- A potential test of the 47.50% support level is possible before a leg up.
- The relationship between Bitcoin dominance and altcoins:
a. Increasing Bitcoin dominance: Altcoins may go down in value.
b. Decreasing Bitcoin dominance: Altcoins may experience a pump in value.
Support and Resistance Levels:
Support levels: 47.50% / 40%
Resistance levels: 53% / 70%
Analysis:
Bitcoin dominance is currently at a higher resistance zone, which could result in a retracement to the support level of 47.50%. This could potentially lead to a short-term pump in altcoins' value, as Bitcoin dominance decreases.
BTC DOMINANCE TRADE SETUP - BTC Dominance is currently trading exactly the way I had planned
- BTC Dominance exactly played out the way
- BTC Dominance might fall more and alts will keep moving
- BTC Dom will lead to more Alts pump
Btc Dominance Update- Btc dominance is following my path
- Btc dominance can easily retrace now very soon
- Get ready for an alts rally
Bitcoin Dominance Chart Setup Bitcoin Dominance is very useful in helping us understand where the money is flowing
: BTC Dom is currently trading in an uptrend move.
: BTC dom might follow the path I have created which might later result in a massive alts rally
: Btc Dom as of now shows some relief in ALTS can be seen and money after a decent Btc correction can flow back to BTC
: Closely monitor this and USDT dominance or even DXY works
: Nas, DJI, SPX, and gold have been outperforming try to understand the global markets as well.
: If the FED starts to cut rates then it will be very bullish for Crypto
