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Altcoinsvsbtc

Altcoin/Bitcoin AnalysisAs I always say, when I look at the ALT/BTC parity, not the Bitcoin price, I see a downward break in the 40th week of 2019. This breakdown may happen again, it is possible. After this breakout, I expect to see a scenario in which Bitcoin becomes in a channel. (70 - 50k) This scenario would also not be contrary to the macro perspective of the markets globally. Another chart that supports this scenario is the USDT dominance chart. We can think that this chart will reduce the price of Bitcoin as it rejects the uptrend and rises to decide the continuation of the trend. Seeing the rise of Bitcoin dominance in this process signals to me that some altcoins in particular will be hit hard. Therefore, there will be great bleeding in the altcoin market, except for the solid altcoins. However, the altcoins that survive this process will make ATH much more performant as Bitcoin reaches its 100k target.
CRYPTOCAP:TOTAL3
by YavuzAkbay
Are you playing your cards right? #ALTCOINS🚀Are you playing your cards right?🌟 Altcoins must continue to rise while #BTC either moves sideways or corrects and maintains a sideways trend. I will not give up on my altcoins for 3x to 7x gains while it can go 50x to 100x! The chart you see below this post is like a lottery If you know what I mean! Things have changed my friends and you need to go with the trend. I will be focusing on the latest narratives that drive the trend, whether it's RWAs, Gaming, or AI. You need to adapt to the trend. 💡 Let's learn from past missteps avoid taking random trades and move strategically. Money is transient, but the next 2 years hold life-changing potential. I'm dedicated to curating a portfolio of top-tier altcoins. 💡 If you are new, stop being degen, This is the best advice I could give you. 🔥 Bookmark this post! Follow me and repost to know my carefully chosen altcoin picks. Together, let's make the next 2 years not just profitable but extraordinary! #altcoins
CRYPTOCAP:TOTAL2Long
by Cryptorphic
1
Bitcoin Dominance Cheat SheetHi Traders, Investors and Speculators of Charts📈📉 Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart. 👇👇👇 BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases. But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together. Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart. - If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size. - If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth. If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins). A pie chart from March 2023: Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger. In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie. Here is another way to think about it: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger. Here is an example of how the BTC dominance falls, but BTC price increases: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased. As a summary: UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins. STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts . DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC . We see an increase of market capitalization on the TOTAL chart: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL
CRYPTOCAP:BTC.DEducation
by CryptoCheck-
32
$BTC.D -Complicated 'Love&Fight' relationshipCRYPTOCAP:BTC.D is breaking the 45 degree trendline, indicating further downside around 45% mark . There it will find stop as support looking from the left of previous candleticks priny, as well the Red 50EMA coming from Below. If these two do not hold, then await for white trendline support if you want to buy Altcoins cheaper while adding them in to your long-term portfolio. Meanwhile, BTC.D's road headed South will act to Altcoins as Death Penalty on Gas Chamber, leaving them breathless regarding what's so called 'altcoin season'. Beware of the Relation between #Bitcoin's price and the relation of Dominance TRADE SAFE ! *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any trading activity based soly upon this idea.
CRYPTOCAP:BTC.D
by Mr_J__fx
BTC.D gonna skyrocket while the SEC is gonna go after S***coinsBitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law. Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law. But these securities aren't registered to the SEC, so they are actually unregistered securities, which are illegal in the US. The SEC just started going after those unregistered securities and will probably go against them even harder with time. This is very bad news for all altcoins. Moreover, using the Wyckoff Method on the Daily chart to conduct our price analysis, we can see that it looks like we have an accumulation going on BTC.D.
CRYPTOCAP:BTC.DLong
by Rainonme
2
BTCDBeen a while since I updated BTCD here on Trading View, 2020-2021 was my BTCD year where most of my analysis hit the targets. Reviewing this monthly chart we can see the Stoch RSI is bouncing off the 1/2 way level between overbought/sold. The diagonal has likely completed Wave 4 and W5 should hit that top expanding TL and likely overthrow , so we can assume 49-52% for now to finish the 5th. And what this analysis means is only 2 possible scenarios: 1) BTC & BTC coins (BCH,ADA,DASH,XRP,LTC to name a few) will all get big moves up after BTC leads. Then once the final drop hits ETH and the rest of the alts will pump. 2) BTC will Nuke to my $10-$12K targets which isn't to far away from the recent ATL around $15K. But Altcoins will drop another 50-70% from these levels. TBH I favor option 2. ETH is still not below June 2022 levels $900 while many alts have already broken below June lows and most seem to be headed back down as we speak.
CRYPTOCAP:BTC.D
by Big_Mike716
1
Here is Why Some Altcoins Will Go ParabolicFREE MARKET UPDATE - Yello, ladies and gents One of the charts very few traders know about is OTHERS.D. This chart shows the dominance of coins, excluding Bitcoin and major altcoins with a high market cap. If you properly analyse the chart, you can clearly see that some fundamentally and technically powerful ALTCOINS will have some decent recovery in the upcoming weeks. If you are managing your portfolio with care, you will soon start experiencing gains like in a full bull market again!
CRYPTOCAP:OTHERS.DLong
by MyCryptoParadise
5
MATIC - The King of the Shitcoins yet to get fully REKTShort term: Recent rejection off of overall downward trend-line. This coin, like many others, are correlated with BTC's price action. ETH (and it's subsidiaries) are experiencing greater downward price movements this particular bear cycle and are particularly more sensitive to BTC's depreciation. Long term and Fundamental: Altcoins going through their first bear market cycle generally experience ruthless decimation against bitcoin. For MATIC (a coin which launched in 2019), has, some reason, been supported by desperate bag holders who think it's currently at a discount. With a move to $13k possible for bitcoin, it makes sense that this altcoin will finally get a capitulation move down to $0.16 - $0.13 Other: we're about to enter a banking crisis. the everything bubble is bursting. we're entering a period of risk-off investing that may last years.
FTX:MATICUSDShort
by w.savage11
BTC dominance Analyzehello friends. BTC Dominance is in an important zone. and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback. if this section happen we could rally up to 45% and 47% that shows a massive correction for altcoins. if we lose this 200 day MA we could go down to 41.55% and then 40%. if this happen we will see massive rally from altcoins. but according to the market conditions i think we touch 200MA and then go up. so maybe we will see altcoin crash these days and altcoins will see their downside supports. thank you for reading my idea. please comment your opinion and teach me something new! (!!!NOTE!!! : my ideas are not trading or investing advice. so follow your own strategy and your own opinion.)
CRYPTOCAP:BTC.D
by TraderAmin-KZ
The ETHBTC uptrend continuation on the shorttermThe ETHBTC chart has been on an uptrend since mid March, when we traded around 0.065 (BTC). To add to this, at the start of this month it started making some bigger impulses and retraces, movements on which I’m focusing on in this article. I want to mention that we’ve been holding pretty well on these retraces, and that the market structure is still bullish. You see I’ve marked two FVGs: one of them got respected and the current one is not tested yet. Two equal lows are marked as well: they give more strength to the uptrend. I’m personally waiting for a reaction at the second FVG and then a new high. With all that said, there still is one last impulse before we reverse the trend (at least on the 4h). After this bigger retrace, we may slowly make our way up to a new all-time high. Anyway, for a higher timeframe analysis you can check the last Altcoin Wednesdays post. Last but not least, ETHBTC is printing a strong divergence with Bitcoin, which has been downtrending from $47k. This means that whales are accumulating ETH and selling BTC, which is another sign of strength on a higher timeframe. As I always say, have a good trading!
Long
by config_json
BITCOIN | Heading Towards 29KThese days all eyes are on crypo premier BITCOIN. The coin has been in pressure since making double top on (68K). The bearish divergence was prominent at that time and bears took aways the game from there on. Earlier this month, on 4th Feb, Bitcoin finally manages to break above the falling trendline and price reached to 45K. The area was very important for bulls to take out as it was fib 0.618 level. The area was also of importance because of EMA100 lies. The coin took the beating from there and confirming lower high on daily cycle (Bearish Trend). The current price suggest a sell on strength till 29K and stoploss just above 40K. Not to mention all trades with closely monitoring price action. Is bitcoin heading towards 29K? The majority expert don't agree to the idea rather thinks to remain buy on dip till 33K. The selling option now is too late for them and the gains for lower side are limited as compare to risk. Technically speaking BITCOIN has all the potential to cross 100K this year. So remain buy on dip as the risk of losing is low. Buy only when bulls are giving sign on price action with mangaged risk. Do let us know what do you think of the idea?
Long
by TradeTrio
16