In this blog space we have been discussing Bitcoin Dominance (
BTC.D) since Dec 2024. On 9th Feb 2025 I posted a blog where we discussed the Fib Retracement levels in BTC.D chart and we said that we can expect more upside and has broken past 0.618. I said it is possible that the dominance can reach the 0.786 Fib level at 66.12%.
I tried to plot the Dollar index
DXY in the same weekly chart as BTC.D and it was quite surprising that the FIB retracement levels in BTC.D are the same as the top to the bottom levels in the DXY chart. We are looking at the last 5 years for our analysis.
WhenBTC.D has broken past 0.618 Fib level and trying to reach 0.786 @66.12%. But the DXY has broken below 0.786 and in the near term the DXY level can end up at 0.618 Fib levels which can take DXY to 104.
So, in the near to medium term isBTC.D @ 66.12% and DXY @ 104.
BTC.D) since Dec 2024. On 9th Feb 2025 I posted a blog where we discussed the Fib Retracement levels in BTC.D chart and we said that we can expect more upside and has broken past 0.618. I said it is possible that the dominance can reach the 0.786 Fib level at 66.12%. I tried to plot the Dollar index
DXY in the same weekly chart as BTC.D and it was quite surprising that the FIB retracement levels in BTC.D are the same as the top to the bottom levels in the DXY chart. We are looking at the last 5 years for our analysis. When
BTC.D has broken past 0.618 Fib level and trying to reach 0.786 @66.12%. But the DXY has broken below 0.786 and in the near term the DXY level can end up at 0.618 Fib levels which can take DXY to 104. So, in the near to medium term is
BTC.D @ 66.12% and DXY @ 104. 
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Related publications
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.