Notice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts...
Notice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts...
Today we are looking at the Bitcoin Dominance (BTC.D) index chart and multiple signals are pointing to it going higher. Let's have a look at those. First, we can see that there wasn't much strength on the retrace from June to July. Its price moved below EMA10/21/50 and managed to close back above these levels by July 10. Prices are now safely trading above...
BTC DOMINANCE BEARISH FLAG PATTERN
#BTC Dominance/ Ascending Triangle. #Bitcoin 100K atleast is inevitable till 2022. Final target between 300-600K before 2025. Altseason2021 will commence soon
Technical Analysis: BTC Dominance Seems to be on some resistance here, just as BTC is nearing the top of the range its been in for just over a month. I’ll be watching this play out, if we see BTC.d break this res its likely because BTC has broken out of the range highs. However, be weary because a volatile move up for BTC could be followed by a volatile move...
So here is my current target using Elliott wave projections. Interesting that 1.0 fib of wave 1 lands right on the last bottom that occurred at the last bull run end. I put two arrows at the end. Some think BTC will end in December. Some sooner. So to keep both happy, I put two arrows to kind of show this.
BTC dominance took a hit after many alt coins saw unprecedented buying there a lot of coins that are undervalued but majority of alt coins dont deserve the valuations that they are currently trading at. Expecting the shitcoins to underperform whereas BTC to reclaim its dominance. $45-50k zone would be a good zone for sideways move and after consolidation the...
BTC dominance total count using Elliot wave . AT 52 everyone will get girl friend :P