Violet bars pattern is move from 4 years ago
as you can see its copying it right in term of time and price action, not exactly in term of price but proportionnal
those blue trendlines converging to the same point indicate btc.d might have made a local top
all of these above indicate that we are picking and alt season will start, with a big acceleration in 2 weeks when we go below 60%
you can expect bounce from there for bitcoin or 94k6 then we should be fine
target for btc dominance is just the fib
58%
55%
49%
45%
39%
as btc.d seems to react less to volatility this year, theres a chance we dont go to the lowest fibs
Cheers
as you can see its copying it right in term of time and price action, not exactly in term of price but proportionnal
those blue trendlines converging to the same point indicate btc.d might have made a local top
all of these above indicate that we are picking and alt season will start, with a big acceleration in 2 weeks when we go below 60%
you can expect bounce from there for bitcoin or 94k6 then we should be fine
target for btc dominance is just the fib
58%
55%
49%
45%
39%
as btc.d seems to react less to volatility this year, theres a chance we dont go to the lowest fibs
Cheers
Note
went above both trendlines but can still be valid if we manage to go below 0.236 fib againhowever it topped between the 2 fib so you can also expect a last move up to 61.82/62.29 (bringing the crypto market down)
i have to assume for now i don't know exactly whats going to happen but i still don't think btc gonna go sideways for as long as 2024 and 2023
Note
btc d prolly toped here confidence 6/10Note
looks like second top guessed and btc d now broke downis it about to waterfall??
Note
Note
alright breakout, maybe expect a last pullback to 61% before the real crazinessNote
idea still very valid cause following the pattern i mentionned just above at perfection, everything converge to a super green week starting from tomorrow, not sure tho but i filled some of my bags todayNote
little update on this one, that is still valid as long as the pattern displayed just above is in play+ this now :
Note
ofc this idea is invalid but btc.d could now go down from here as it hits 0.786 at 63.4
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.