BTC Dominance update#BTC Dominance/ Ascending Triangle.
#Bitcoin 100K atleast is inevitable till 2022. Final target between 300-600K before 2025.
Altseason2021 will commence soon
BTC.D trade ideas
BTC Dominance try to break it Downtrend, what coming next?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 down… at least i expect a scenario such as that to be max pain for most participants.
If we see BTC.d reject here, its likely representative of a relatively sideways moving BTC and we see some relief on alts that should make for some nice breakout set ups that we can look for and trade.
Either way, a key level I will be watching for a reaction on.
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#bitcoin #crypto #nextmove #btcdominance #sideways #btcusdt #dailyclosed #stophunt
Bitcoin dominance projection gives 27% to 36% targetSo 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 is near to 2018 support levelBTC 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 rocket move can take $BTC above 100K mark.
Keep HODLING and book partially from alt coins that are over valued.
BTC dominance total count using EWBTC dominance total count using Elliot wave . AT 52 everyone will get girl friend :P
BTC Dominance Update❗️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 Chart upcoming movementIts describe the upcoming possible movements which will decide overall altcoin growth in short term to mid term.
BTC.D BEAR 🚩 ALT SEASON OF DECADE ON ITS WAYBTC.D BEAR 🚩 ALT SEASON OF DECADE ON ITS WAY
Looks. We are gona to dump from here. As btc stays above 51k alts will ride. And dominance will fall and break the support of 60
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btc.dBTC.D BTC Dominance Update. 61 is a major support and most probably it will break in some time. so, guys tight your seat belts alts ready to fly. @pushpendrakum
[ALTCOINS-GREEN] BTC Dominance Peaks? Likely To Retrace...The day not yet over but, the BTC .D is printing a very strong bearish candle today... Bitcoin Dominance is about to go lower.
What does this mean?
When BTC .D goes low, Altcoins go high!
What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow.
This is great news, as Bitcoin has been hugging all the energy, all the attention, all the funds.
As Bitcoin takes its first break in months... It becomes the Altcoins turn.
Namaste.
