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Bitcoindominance

Total 3, do flags point to the target area?Welcome back dearest reader, Today i have a very interesting analysis for you, quite some valuable time was put into this. What i've noticed is the following: -From april 2021 untill july 2021 total 3 has been trading in a bullish wedge flag, when we continue the lines on the full candle bodies the apex pointed to the top of that flag durationwise -August 2022 till october 2023, extend the trendlines, apex march 2024, look up. Oh. -March 2024, october 2024 --> apex december 2024, look up. Oh. Now: -January 2025, april/may 2025, apex june 2025, look up. Oh. -I used the fractal from july 2021 as i think we're in this period -Upward sloping channel from october 2022 untill now could provide insights as to what the target price might be, HH and HL Target: 1.5T Also check out my BTC.D idea, these would coincide perfectly ~Rustle Is it certain this will happen? No-one has a glass ball, all we have are patterns based on past performance, this is no guarantee. But it does look good.
CRYPTOCAP:TOTAL3Long
by Rustlingjimmies
2
Bitcoin Dominance Is Printing The Last Shakeout Hello, Skyrexians! Recently we pointed out that CRYPTOCAP:BTC.D is in the last bullish wave which has a target approximately at 66% and the bear market on altcoins is almost over. Today we will look in details on this wave inside and try to predict the most precise scenario. Let's take a look at 12h time frame. Here we can see the wave 1 and 2 and now price is in wave 3. Fibonacci extension levels 1 and 1.61 is the target for wave 3. Looking at the current wave we can say that it's not over, so it will likely to see 64.7% in this wave before the correction. Correction is going to be subwave 4 which will likely be finished at 63% then we have the last wave which can be equal to wave 1. In this case predicted earlier 66% will be reached at the end of April. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
2
BTC.D - Still in the ascending channelCRYPTOCAP:BTC.D remains firmly within its long-standing ascending channel. The recent “fake breakout” below the channel has been invalidated as dominance swiftly returned to the channel, showing a strong reaction and confirming the channel’s validity. This suggests: ✅ Bullish Implication for BTC: Bitcoin is likely to continue gaining dominance in bullish moves, outpacing altcoins in performance. ✅ Bearish Impact on Altcoins: In downturns, altcoins are expected to experience sharper declines compared to Bitcoin. Traders should monitor this channel as a key indicator for market behavior, especially for Bitcoin and altcoin strategies.
CRYPTOCAP:BTC.DLong
by Sober_Trading
6
Bitcoin Dominance, We Are Waiting For You!Hello, Skyrexians! We are changing color according to the new upcoming market cycle phase, hope our forecast will be realized and it's time to be bullish. CRYPTOCAP:BTC.D is about to flash the reversal signal, while altcoins dominance and USDT dominance are already did it, but we don't also forget about disaster targets. Let's take a look at the daily chart. Earlier we told that this is final wave 5 and now we are trying to catch its top. We mentioned that dominance will enter into 63-66% target area and it did it. Now we have to be focused on the reversal signals. For example Bullish/Bearish Reversal Bar Indicator has already printed the red dot at the top. Moreover Awesome Oscillator started reversing. You can say that this is the top, be our intuition tell us that some small move to the upside will be continued to 65%. Also we need to mention about nightmare wave 5 extended target at 70%, but this scenario is unlikely because it will break the divergence on the daily chart. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
23
''Altseason 2025''Welcome back dearest reader, I will probably get alot of backlash from bitcoin maxi's for writing this post, i have read and heard it all by now. I'm not disregarding their opinion on bitcoin and i think it will do well, but not as well as some altcoins which i have monitored. First the technical part: ~Bitcoin has seemingly formed a double top pattern with now on the weekly a gravestone doji (confirming this sunday). Looking at previous action from 2019 and 2020, these have been topping indicators and indicate a bearish reversal which in turn will be bullish for altcoins. ~ MFI --> massively overbought. ~ Stoch RSI --> nearly at 100! Screaming for a reversal. Over the past months everyone seemed to think ''this is the top, only to see dominance rise further and alts bleeding''. It is possible that BTC.D doesn't correct immediately, but i do suspect an altseason to be really close. Sentiment: When everyone... i mean EVERYONE is bearish. ''Alts to zero'', ''bitcoin is the only good coin'', ''Ethereum is dead''. This has historically been the perfect time to buy. And that time is now. ''But, there are over 13 million altcoins now!'' Yes this is true, i don't think all of them are going to do well, stick to the ones available on big exchanges. Those have 400 different ones on average. From those i have covered some allready which i think are going to do well, it's worth your time to look at those ideas. Any questions? Ask. ~Rustle
CRYPTOCAP:BTC.DShort
by Rustlingjimmies
3
TradeCityPro | BTC.D: Predicting Alt Seasons with Bitcoin Domina👋 Welcome to TradeCity Pro! In this analysis, I want to discuss an important crypto index that can significantly impact our trading, known as BTC.D. First, I'll provide some explanations for those unfamiliar with this index, and then we'll dive into the analysis. 🤔 What is Bitcoin Dominance? Bitcoin Dominance is a major indicator in the crypto market. It does not directly represent supply and demand and is not tradable; the chart you see is calculated by TradingView and does not exist physically. ⚡️ This index represents the strength of Bitcoin in the crypto market. It shows the amount of money in Bitcoin divided by the total money in the crypto market. 100x(Bitcoin MarketCap / Total MarketCap) = Bitcoin Dominance ✔️ For example, if the total money in crypto is 1 trillion dollars and 500 billion dollars of that is in Bitcoin, then Bitcoin's dominance would be 50%. ✔️ Or, if the total money in crypto is 1 trillion dollars and 300 billion dollars of that is in Bitcoin, then Bitcoin's dominance would be 30%. Now that we know what Bitcoin dominance is and how it is calculated, let's see how it can help us in trading and where it can be useful. 🤔 How is Bitcoin Dominance useful? When we trade, we often encounter situations where both Bitcoin and an altcoin (for example, Ethereum) are triggered simultaneously according to our strategy. There are several ways we can open positions in these situations. Some open positions simultaneously on both, increasing the risk of the trade and doubling the potential loss if the market moves against us. Others may randomly choose between the two positions, which could result in taking a position on Bitcoin and hitting a stop-loss while Ethereum moves towards your target. But how can we determine which one is likely to be more profitable? 🔹 As mentioned, Bitcoin dominance indicates the strength of Bitcoin relative to the rest of the market, and there are three scenarios to consider for its analysis. 📈 In the first scenario, if the market is bullish, Bitcoin dominance can be bullish, bearish, or range-bound. If Bitcoin dominance is bullish, it means more money is entering Bitcoin, so if both Bitcoin and Ethereum are triggered simultaneously, Bitcoin is likely to rise more than Ethereum. If Bitcoin dominance is bearish, less money is entering Bitcoin relative to altcoins, so altcoins like Ethereum are likely to rise more. If Bitcoin dominance is range-bound, we analyze the market candle by candle and pay more attention to short-term momentum, deciding based on the current trend of Bitcoin dominance. 📉 In the second scenario, if the market is bearish, Bitcoin dominance can again be bullish, bearish, or range-bound. ✔️ Before explaining this scenario, let me tell you how it's possible for the market to be bearish while Bitcoin dominance increases even though Bitcoin's price is also falling. As I mentioned, Bitcoin dominance is a ratio and is shown in percentage terms, so if the market is crashing, it might be that Bitcoin is selling less than altcoins. For example, Bitcoin might sell for 10 million dollars and altcoins for 20 million dollars. Even though Bitcoin is being sold and its price is falling, it is being sold less than altcoins, so its dominance increases. 🔹 Now, let's examine the second scenario. If Bitcoin dominance is bullish, less Bitcoin is being sold compared to altcoins, so altcoins like Ethereum will have a greater drop and are better for short positions. If Bitcoin dominance is bearish, Bitcoin is being sold more than altcoins, so a short position on Bitcoin would be more suitable. Lastly, if Bitcoin dominance is range-bound, like in the first scenario, we analyze candle by candle and focus on short-term momentum. 📊 In the third scenario, if the market is range-bound, I first suggest not opening any positions because many strategies do not work well in range-bound markets, and it's better to wait for a breakout of the range's floor or ceiling before opening a position. However, if you do decide to open a position in this phase, short positions fall under the second scenario, and long positions fall under the first. ⭐ So, with Bitcoin dominance, we can optimize the positions we open and choose the best option between Bitcoin and the selected altcoin. If we look at Bitcoin dominance in higher time frames and not just as a confirmation for futures positions in lower time frames, we can identify alt seasons. 🤔 How to identify alt seasons and alt parties with Bitcoin Dominance? So far, we've seen how dominance in different states and positions can help us in trading. Now, if we analyze Bitcoin dominance over a longer term, we can determine whether the money in the market will move more towards altcoins or Bitcoin in the coming weeks or months. ✔️ For example, if Bitcoin dominance is bullish in the weekly time frame and has a strong upward trend, naturally, more money will enter Bitcoin over time, making Bitcoin a better investment than altcoins. However, if Bitcoin dominance undergoes a correction for a few days or weeks during this bullish trend, altcoins can experience significant growth during that short time frame, which we call an alt party. 💥 On the other hand, if Bitcoin dominance completely changes trend and is bearish for several weeks or months, altcoins will naturally grow much more and will be a better investment option until Bitcoin dominance turns bullish again, which we call an alt season. 🔹 An important note about alt seasons is that Bitcoin's trend during this time must be bullish or range-bound; if Bitcoin is bearish, neither an alt season nor an alt party will occur. So, be sure to first understand the overall market trend using indicators like Total and Total2, and then look for an alt party. Now that we've examined how this index works, let's move on to a technical analysis of the chart. 📅 Monthly Time Frame As you can see in the monthly time frame, Bitcoin dominance had a very long range above the 95% area between 2015-2017, which was because the crypto market was still very small at that time, and many investors thought it was a scam. Thus, if anyone wanted to invest in crypto, they only bought Bitcoin. ✨ But in 2017, during Bitcoin's bull run when it reached the 20k ceiling, altcoins also entered the game, and Bitcoin dominance began to fall, spreading the crypto money among other coins. This downward movement continued down to the 40% area, and after it consolidated around this area, Bitcoin dominance started rising again, correcting the severe downturn it had experienced. 🔍 At the start of the next bull run in late 2020, Bitcoin dominance reached its peak and formed a range between 57.13 and 71.04 until the end of the bull run. After Bitcoin's bull run, in the second leg when the price moved towards the 69k area, Bitcoin dominance broke the 57.13 support and moved down to the 40% support, leading to a major alt season. 🎲 In early 2023, coinciding with the start of Bitcoin's bullish trend from the 16k bottom, Bitcoin dominance broke the 47.80 area, which was the ceiling of its box, and its upward movement restarted. Currently, Bitcoin dominance has also broken the 57.13 area and is near 64%. As long as Bitcoin dominance remains bullish, Bitcoin will still be a better buy, and altcoins will not be able to grow significantly. 💥 If Bitcoin dominance finally confirms a trend change and turns bearish, if Bitcoin's trend remains bullish, we will witness another major alt season like in 2021. For now, we confirm the change in trend in Bitcoin dominance on the monthly chart by breaking 57.13, and for a better and more accurate analysis, it's better to move on to the weekly time frame. 📅 Weekly Time Frame In the weekly time frame, after breaking the 47.46 area, an ascending trend has formed within an ascending channel, and the price has been in this channel for about two years. 🧩 The next resistance for Bitcoin dominance is 65.59, which it is moving towards, and the main ceiling for Bitcoin dominance is 71.04. If the upward trend continues, more money will enter Bitcoin, and altcoins will not be good investment options. 🔽 For a trend change and a bearish turn in Bitcoin dominance, breaking the 60.50 area is suitable, and if Bitcoin dominance records lower highs and lows below this area, we will confirm the trend change. Breaking the channel will also be one of the most important confirmations. 📅 Daily Time Frame In the daily time frame, we can analyze the price movement with more detail. 💫 Currently, the 62.23 area has been broken, and Bitcoin dominance is performing another bullish leg, having reached the channel ceiling. If the channel ceiling breaks, we can expect a move to the 65.59 area. 📉 For a trend change in this time frame, it's better to wait for the channel to break, but besides the channel, the 62.23 and 60.50 areas are also significant, and breaking them will confirm it. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
CRYPTOCAP:BTC.DShort
by tradecitypro
15
BTC DOMINANCE is fading - the altcoin wave is coming (3D)This analysis is an update of the analysis you see in the "Related publications" section First of all, you should know that the time frame is large. the 3-day chart which means altcoins could remain bullish for 1 to 3 months. We should be looking for buy/long positions on altcoins that have strong setups. We expect a drop from the red zone or even from the current price to complete wave f of this diametric pattern. Targets have been marked on the chart. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:BTC.D
by behdark
9
XRP could flip Bitcoin again at the end of this cycle around Sepothers.d is ready to bounce after 5 red monthly candles. Just like December 2016. while Bitcoin Dominance looks like this under Trump 2.0 trolling the economy on a much grander scale while XRP has already given us a tease of what's to come this cycle reaching a historic new ATH. And tether on the other hand, unstoppable! They are about to print so much money they could at some point flip Ethereum while Ethereum finally goes home. Imagine if XRP and tether flip Bitcoin together (relax! it wouldn't be the 1st time. XRP did in Jan 2018 if only for a moment) Looks promising now that Europe offered 0 to 0 tariffs. 1929 scenario could take years since dedollarization takes years to develop. (it's not going to happen overnight.) Spring is finally here. Buy others like VeChain (the next xrp this cycle)
CRYPTOCAP:BTC.DShort
by axelrodd
2
BTC Dominance is Bullish (4H)On the chart, we have consecutive trigger lines that have been broken, and after the SW L, we see a bullish iCH and higher Ls, which are bullish signals. However, considering the Bitcoin dominance chart, buying altcoins or taking long positions on altcoins is risky. It is better to look for short setups on altcoins instead. Targets are marked on the chart. The closure of a 1-day candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:BTC.DLong
by behdark
1
BTC Dominance Breaks Out Altcoins Set to Bleed, Be CautiousHey everyone, let’s dive into this BTC Dominance chart on the 4H timeframe. As you can see, BTC Dominance has just broken out to the upside from a descending triangle pattern, which is a bullish signal for dominance. Currently sitting at 62.633%, it’s testing a key resistance zone around 62.71% (the recent high). If this level holds as support, we could see BTC Dominance push higher toward the next resistance around 64-65%, a zone that aligns with the upper trendline of the longer-term ascending channel. What does this mean for altcoins ? When BTC Dominance rises, it typically signals that Bitcoin is outperforming altcoins, often leading to altcoins bleeding in value relative to BTC. The breakout suggests capital is flowing into Bitcoin, likely due to market uncertainty or a flight to safety within crypto. Altcoins could face downward pressure in the short term, especially if BTC Dominance confirms this breakout with a strong close above 62.71%. Key Levels to Watch Support: 62.62% (recent breakout level) – if this fails, we might see a retest of 61.5%. Resistance: 64-65% – a break above this could accelerate altcoin underperformance. Invalidation: A drop below 61.5% would negate the bullish setup for BTC Dominance and could signal a potential altcoin rally. Altcoin Outlook Altcoins are likely to struggle in the near term as BTC sucks up market liquidity. However, keep an eye on major altcoins like ETH, BNB, or SOL for relative strength – if they hold key support levels despite this dominance move, they might be the first to recover when BTC Dominance cools off. Final Thoughts This BTC Dominance breakout is a warning sign for altcoin holders. Consider tightening stops on altcoin positions or hedging with BTC exposure. Also don't forget this is NFP Week as well. Let’s see how this plays out over the next few days – stay nimble and trade safe!
CRYPTOCAP:BTC.D
by wolfchemist
Altseason 2025 is upon us *A different take*Welcome back dearest reader, I've been covering some altcoins i'm bullish on, and a deeper dive into bitcoin dominance is key for their succes. Well the downfall of the dominance that is. On the chart: ~The fibonacci extension has shown gradual weakness throughout the cycles starting at the 1.618 then the 1, now the 0.786 is inbound. I expect it to be hit soon topping at around 66% dominance. We can see what happened next ''1'' ~MFI is hitting an oversold zone like never seen before on the 3 month ''2'' ~Stoch RSI is hitting an oversold zone and is bound to see a cross ''3'' Load up on your favourite alts and enjoy the ride. ~Rustle
CRYPTOCAP:BTC.DLong
by Rustlingjimmies
1
BTC Dominance: We Warned You And It's HappeningHello, Skyrexians! A lot of hating comments we received under our recent CRYPTOCAP:BTC.D analysis. Now we sure that market always go against the crowd. This is the super valuable experience and we want to say thanks to all haters. Now let's update this idea, try to understand the structure on the wave 5 drilling into lower time frame. Let's take a look at 12h time frame. We can see that after the spike in the wave 3 price retraced with the ABC zigzag and started the new wave 5. Waves 1 and 2 inside this wave have been finished. Wave 2 reached exactly 0.61. Now we can measure wave 3 target. 1 and 1.61 are the potential target. The most realistic one is 64.7%. Then we expect the wave 4 and the last leg up into subwave 5. Always look at the divergence on the Awesome Oscillator to measure the trend end. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
7
CHZ/BTC about to score a goal?Welcome back dearest reader, If you have been following me you're quite aware i'm very bullish on this project. Fundamentals aside the charts look amazing. And CHZ/BTC is no exception to this! Deeper dive: ~Trendlines --> As you can see at trendline ''1'' chz has found support going way back to 2021, you can see what happened next. The bars pattern from 2021 has been copied and shows a strong impulsive move going into june. Trendline ''2'' just shows the downtrend we've been in in relation to BTC, i don't expect this to fall below legacy support ''1''. ~MFI --> The Money Flow Index (MFI) is a technical indicator used in financial analysis to measure the strength and momentum of money flowing in and out of a security, typically on a scale from 0 to 100. It combines price and volume data to help traders identify overbought or oversold conditions, often signaling potential reversals in the market. As we can see it's massively oversold and yearning for a reversal ''3''. ~Stochastic RSI --> The Stochastic RSI (Stoch RSI) is a momentum oscillator that combines the Stochastic indicator and the Relative Strength Index (RSI) to measure the RSI's position relative to its recent high-low range. It ranges from 0 to 1 (or 0 to 100 when scaled), helping traders spot overbought or oversold conditions and potential trend shifts with greater sensitivity than the RSI alone. For CHZ also in a massive oversold condition ''4''. Summary: ~Trend has bottomed and could provide a strong move for CHZ ~MFI and stoch RSI are massively oversold. Note: This is the CHZ versus BTC chart, this means that even if BTC trades sideways or bottoms CHZ could do well. This would coincide with BTC.D dropping. Any questions? Ask. ~Rustle
Long
by Rustlingjimmies
Mid-February, Btc.d peaks and the altcoin rally may start.Trust fibonacci. It is clear from Fibonacci extensions that we are close to the peaks in Bitcoin dominance. Fibonacci circles also give us ideas of ​​both resistances and time periods. In my opinion, Bitcoin dominance will peak in mid-February and the altcoin bullrun may begin. Bitcoin dominance will bottom at the end of May 2026. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
CRYPTOCAP:BTC.DShort
by traderisso
2
Bitcoin Dominance Nearing Major Resistance – Big Move Incoming!Bitcoin dominance (BTC.D) has been in a strong uptrend and is now approaching a key resistance zone between 65% - 75%. Historically, this level has acted as a major turning point, leading to significant shifts in market dynamics. ✅ BTC.D has broken above long-term trendline resistance. ✅ The 62%-65% zone is a strong supply area where dominance previously reversed. ✅ A fakeout above resistance could trigger a sharp rejection, leading to a decline in BTC dominance. ✅ The projected drop in BTC.D (expected in Q3 2025) aligns with potential altcoin strength, signaling an upcoming altseason. 🔸 BTC dominance could push toward 75% before a rejection. 🔸 This move could coincide with Bitcoin reaching $100K+ levels 🔸 If BTC.D gets rejected at resistance, a sharp drop toward 50% or lower could fuel a massive altcoin rally in Q3 2025. 🔸 This scenario aligns with past cycles, where BTC.D peaked before capital rotated into altcoins. ⚡️ BTC dominance is nearing a make-or-break level – a rejection could mark the start of altseason 2025, while a breakout could further strengthen BTC’s dominance. 💬 What do you think? Will BTC.D break higher, or is altseason around the corner? Drop your thoughts below! 👇 Cheers GreenCrypto
CRYPTOCAP:BTC.D
by GreenCryptoTrades
WARNING! Sell Your Altcoins, They Will Go To Zero!Hello, Skyrexians! We had some doubts in this scenario, but now price action clarified it. CRYPTOCAP:BTC.D has finally decided to pump in the wave 5 and this wave can be even extended. Altcoins Will lose 70% of their value and never pump after that to cover your losses. Let's take a look at the daily chart. We have already shown you this Elliott waves picture. Earlier we mentioned that may be wave 5 was shortened, but not, it has finally decided to reach new highs at 66% at least, in case of normal wave 5, but just imagine if it will reach 70%, the extended target. Your portfolio will be -70% from the current price. We need to be honest with you, altseason never comes and we have to forget about it. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
51
BTC Dominance at Critical Level – Altcoin Rally Incoming?🚀 Hey Traders! 👋 If you find this analysis valuable, show some love by smashing that 👍 and hitting Follow for high-probability setups that actually deliver! 💹🔥 BTC Dominance Update: We’re seeing a rising wedge formation on the daily timeframe—a classic bearish pattern. Right now, BTC.D is testing resistance, and if it rejects here, we could see an explosive Altcoin rally! 🚀 📉 Breakdown = Altseason incoming! 🚨 Invalidation: A break and close above 62.5 would cancel this setup. What do you think about this? Let me know in the comment section. 👉 Stay ahead of the game! Follow us for real-time updates and pro-level trade setups. Let’s dominate the markets together! 💪🔥
CRYPTOCAP:BTC.DShort
by CoreCrypto1
1
66% Is About To Cancelled For Bitcoin DominanceHello, everyone! Earlier we made analysis on CRYPTOCAP:BTC.D where pointed out that it can reach 66% before altseason or reverse from 62.5%. Now it looks like we can see the second scenario because momentum is almost gone and we are about to see the second confirmation of trend change. Let's take a look at the weekly chart. Like the previous time we still have active red dot signal on Bullish/Bearish Reversal Bar Indicator . We have the great angulation with the alligator. This time we also have the double divergence with Awesome Oscillator which has been almost confirmed. We wanna see the three red columns in a row and this reversal is going to be strongly confirmed. The minimum target is 0.5-0.61 Fibonacci zone, but in case of true altcoin season we can see the new all time low. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
7
Potential Path of the Altcoin Market?Trading Family, To say that our altcoin market has been disappointing would be the understatement of the year. While there definitely have been some winners (I have held Solana through the $8 low), the majority have been a large disappointment. In fact, the last I read, only 42 altcoins have outperformed Bitcoin since the bear market bottom was put in. This is an incredible stat to think about and very telling. Altcoin traders have a difficult task in beating the BTC hodl'ers for sure. However, recently there have been some hidden indications that our altcoin market will soon increase our odds of success. First of all, Bitcoin's low fees. Low fees on the Bitcoin blockchain is often a hidden health indicator for the coin signaling weak demand. People often see low fees as a positive thing. But what's actually happening here is that there is low demand for transacting on the chain, therefore, in order to increase the demand, transaction fees are forced down. Weaker demand does seem to correlate with what the BTC dominance chart is showing us. You can see from the chart that we have a large sell side liquidity block that has formed, indicating large sell side volume in dominance. Additionally, my indicator has flashed a red dot, signaling that it is time for dominance to drop. We also have our RSI and Macd, crossing down. And if we break from that channel, dominance drop momentum should accelerate. This brings me to our TOTAL3 chart which is all altcoins excluding Ethereum. The chart is showing us that we have reached an extremely critical support trendline. Price is currently bouncing from it. Additionally, there are large volumes of buyers at this point. You can observe this by the VRVP candles and the liquidity blocks indicator. But contrary to BTC.D in which the RSI and Macd were crossing down, TOTAL3 shows our RSI and Macd crossing up! This is bullish for alts. Finally, it is a great sign to see that our "M" pattern has looked to have completed right at our point of support. I have drawn a projected pathway from here. In the first part of our next week, we may see a bit more pump. News of the passing continuing resolution here in the U.S. is still trickling out. Monday, as stock traders jump back in, I would imagine we see more pump as traders feel good about the averted gov't shutdown. This may trickle into Tuesday. But then Wed. is the Fed's day. We are expecting further pause to interest rate. Everyone will be listening to the Fed speak and parsing every syllable that is uttered from J. Pow's tongue. What is says and the bias that is interpreted will be key. I am expecting mostly a non-event here. Which means that bullish bias may wane once again. Crypto, mostly altcoins, really only pump on good news. But negative and even neutral news is a sell to sideways event. Thus, I expect we may hit another local top around Wed. afternoon at which point the altcoin market starts to sell a bit again OR it simply continues sideways again for a few more weeks. Sooner or later though, I believe we are headed towards that 1.3 trillion resistance. It is worthwhile considering to stay in a holding pattern unless we drop below our all-important support. Watch this line closely and draw it on your charts. It will be key! ✌️Stew
CRYPTOCAP:TOTAL3Long
by stewdamus
Bitcoin Dominance Says That Bear Market Is Almost Over For Alts!Hello, Skyrexians! We hope you enjoy our yesterday Bitcoin analysis which is now playing out. Daily candle closed great, but this reversal is still unconfirmed. So, we are still in danger. Today we will take a look at the CRYPTOCAP:BTC.D again, this chart is annoying, but is finally approaching its reversal point. Let's take a look at the weekly time frame. Here we can see the 3 red dots on the Bullish/Bearish Reversal Bar Indicator . Now we will try to learn now to ignore the false signals. The first dot formed on the very weak bar with no angulation with Alligator. We can's use this. The next bar was great, but it was just the wave 3. The best signal is the last one. We have angulation, bearish divergence with AO and the potential wave 5. This reversal has been confirmed. Expect the reversal from the current percent because price is inside the Fibonacci 0.61, or in the worst case earlier mentioned 66%. This is going to be wave 5 in 5. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DShort
by Skyrexio
12
Bitcoin Dominance Moving Lower (Altcoins—Bitcoin Moving Higher)Bitcoin Dominance going lower means that the Altcoins will be rising. The Altcoins rising means that Bitcoin is bullish and ready to grow. Good afternoon my fellow Cryptocurrency trader, thanks a lot for your continued support. I was wondering, does the Bitcoin Dominance index chart supports a bullish Bitcoin? This index is bearish and set to move lower. Before we go any further, Bitcoin Dominance index was bearish between November and December 2024, at the time when Bitcoin produce a major advance from $80,000 toward $110,000. Which means that a bearish BTC.D chart can support a Bitcoin rise. The session 3-Feb long upper-shadow is a classic top signal. The top implies that lower prices follow. This is also a rejection. Current price action is happening below the November 2024 peak reading. All in all, Bitcoin Dominance is bearish. This index being bearish supports a bullish wave, a strong advance, developing across the Cryptocurrency market space. When BTC.D went bearish last year, the entire market grew between 300% and 600%. This time, the growth phase will be much bigger and extended. The 2025 bull-market. BTC.D supports higher prices based on this analysis and my interpretation of the signals. Thanks a lot for your continued support. If you disagree, comment and follow. If you agree, leave a comment and a follow to show your support. Namaste.
CRYPTOCAP:BTC.DShort
by MasterAnanda
14
66% Is Actual Again For Bitcoin Dominance Hello, Skyrexians! Sad news, pump on Sunday was a huge fake. If you remember our last CRYPTOCAP:BTC.D analysis we pointed out that if we will see 60% breakdown there is. great chance to see altseason right now. But Dominance started to grow again and finally we have no doubts that shakeout will happen. Let's take a look at the daily time frame. Here we can see the clearest Elliott waves structure. Wave 3 has the max AO as usual, and wave 4 was a flat correction which found support at 0.5 Fibonacci. Now we can see that final wave 5 to the 66% target. Don't pay attention to the red dots on Bullish/Bearish Reversal Bar Indicator , they are not important inside the range and can be counted a signal only at the potential end of wave 5 in conjunction with the divergence. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:BTC.DLong
by Skyrexio
10
BTC Update (12H)This analysis is an update of the analysis you see in the "Related publications" section As you know, the market is trendless and stuck in dumps and pumps, which has made traders frustrated. At this time, we need to follow the indicators and be a bit patient. Based on the previous analysis, it seems that Bitcoin dominance is heading downward. Despite Bitcoin’s weak upward movement, some altcoins may have a good upward move in the coming days. We hope this move happens and this indicator drops. Let's see what happens. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:BTC.D
by behdark
1