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Bitcoindominance

BTC.D UPDATE! ALTSEASON SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC DOMINANCE update. Bitcoin dominance is trading inside a descending channel. SO here I expect two scenarios for BTC.D- Scenario1:- BTC.D starts dropping from here and is likely to break below the channel. In that case, Altcoins start bouncing from here. Scenario2:- We might hit again the upper trendline of the channel and from there we saw the rejection. After hitting the upper trendline it is highly likely that it starts dropping. In that case, we see some more corrections in Alts so that would give us the best entries. So in both scenarios, we might see soon a great Altseason. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
4
BITCOIN DOMINANCE: H&S PATTERN!! ALTSEASON IF?Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC DOMINANCE update. BITCOIN DOMINANCE is forming a head and shoulder pattern here which is generally a bearish pattern. Currently, it is trading around 41.44 level and hovering near the neckline of the head and shoulder. If it breaks below the neckline then we can expect a quite good dump in BTC.D and a good pump in Altcoins. If it bounces again from the neckline then we see some more correction in Altcoin. IMO it's better to wait for the close below the neckline. After that, we start taking positions in many altcoins. Till then stay safe. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
Bitcoin Dominance BTC.D - Alt season! Huge descending triangle!- I hope you are ready for the upcoming alt season in 2022! - We have a descending triangle on the weekly time frame, which is definitely very bullish for altcoins. - Bitcoin Dominance is going down and there is still no signs of trend reversal. - ABCDE triangle should be completed and now we are waiting for the huge breakout! - Previous swing low resistance (2018) is our next target, then here we can experience a bounce.
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
7
BTC.D Critical Territory AgainThe Bitcoin Dominance looks like it wants to make a local low here , compared to the previous one it would be a Higher low and potential massive reversal to the upside can happen from this point. 1st Scenario (higher probability) BTC.D will break above 43,40% and thus confirm the higher low , which will lead to Altcoins bleeding versus their bitcoin pairing as up to 55% on a macro scale. 2nd Scenario (lower probability) BTC.D will break the 41,30% and thus Invalidate the local low , which will lead to Altcoins gains versus their bitcoin pairing (Mini-Alt season) , further down we have the BIG support around 40% , if the bitcoin dominance were able to break the 40% support a really Massive Altcoin season will occur. P.S. Would like to hear your toughs and opinions in the comment section, Thanks.
CRYPTOCAP:BTC.D
by Whispofearth
BTC.D BREAKS DOWN! ALT SEASON START!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC Dominance update. Bitcoin dominance is inversely proportional to altcoins means when BTC .D increases Alts starts dumping and when BTC .D dumping, Alts starts pumping. BTC .D affects especially BTC pair altcoins. Bitcoin dominance is breaking down from the rising wedge in the daily time frame and looks bearish. Also, it breaks below the 21D ma which is also a good sign for Altcoins. The Green dotted line shown in the charts indicates the support level. I'm expecting the Bitcoin dominance to reach the 40 levels again and we might see a good Altcoin season in the 2nd quarter of 2022. IMO it's best to accumulate some good Altcoins, especially in BTC pair on spot. Soon I'll share some good Altcoins in BTC pair. What do you think about this? Do you also think that we can see a good Altcoin season in the 2nd quarter of 2022? Share your views In the comment section. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
7
SXP/BTC TRADE SETUP! READY TO PUMP MORE THAN 100%!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this SXP/BTC TRADE setup. As I told you in my previous BTC.D update that Dominance is breaking down and ready to fall so it's the best time to accumulate some Altcoins in BTC pair. Here is my first pick. SXP looks great here. Breaking out from a symmetrical triangle in the daily time frame. Looks like it is ready to go its previous ATH. Buy some now and add more in dips. Entry range:- 0.00003200-0.000036 Target1:- 0.00004200 Target2:- 0.00005000 Target3:- 0.00005800 Target4:- 0.00006600 Target5:- 0.00007400 Target6:- 0.00008400 SL:- 0.00002800 Buy this on spot and hold it for 2-3 months. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
USDT Dominance Chart Showing WeaknessA while back I posted a Bullish Shark with Bullish Divergence setup for USDT.D that signaled that USDT.D would rise as BTC fell and since posting that BTC Dominance indeed went up and price has certainly fallen. Now we have the opposite situation with USDT.D showing us a Bearish Shark with Bearish Divergence that we've failed to test above twice now and if things go as planned we should see BTC rallying as the USDT Dominance chart falls. I will be targeting the zone between the 50% and 88.6% Retraces for profit taking before looking for any signs of reversal later on which if found could prove to be bearish for BTC if that time comes.
CRYPTOCAP:USDT.DShort
by RizeSenpai
#BTC Dominance Decisive time coming by 31st March, Here's why!Welcome to this brief Analysis of Bitcoin Dominance. Reasons to Follow me? *9 Years in Trading! *7 years in Crypto *Certified Technical Analyst *Record Holder of Most liked Bitcoin Chart on Tradingview. *Consistent updates on Markets and Trade Setups *No Bias *All-time Top Author on various assets and index charts globally. *Very Active Community during both bull and Bear Market Let's get to the chart! Bitcoin Dominance is getting rejected at the local resistance but does not take it as a confirmation for a possible alt season. ALTS are still bearish IMHO. We can buy way cheaper but later. It pumped almost 4.18% since my last post and I expect more growth in Dominance for the next few weeks. Possibly till the end of this month. When it hits the resistance, that will be the actual time to know whether the index will break or get rejected. Currently, it's almost reaching the resistance better wait for the right time. If you follow me you already saved a lot of your funds which was possibly stuck in many altcoins. INVALIDATION: A daily close followed by a confirmation candle below the 21DMA and 50DMA will invalidate this chart. What do you think? Do let me know and hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
5
ALT SEASON SOON? BITCOIN DOMINANCE UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC DOMINANCE update. Bitcoin dominance is inversely proportional to Alts means when BTC.D starts dumping altcoins starts their rally and vice versa. Currently, BITCOIN Dominance sitting at support. BITCOIN Dominance makes a rising wedge pattern in the daily time frame. Once it breaks down this rising wedge altcoins will start bouncing especially in BTC pair. There is also 21ma support. Once break below this we get the confirmation and after the confirmation, I share some good altcoins which gave us amazing profits in the Alt season. Do you think we can see alt season in 2022? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
1
$BTCDOM/USDT 2h (#BinanceFutures)Ascending triangle break retestBitcoin Dominance Index broke-out bullish on Low Time-Frame (LTF), let's catch next pull-back to 50MA support for continuation scenario. Current Price= 1273.5 Buy Entry= 1260.1 - 1248.7 Take Profit= 1285.0 | 1311.5 | 1330.9 Stop Loss= 1228.8 Risk/Reward= 1:1.2 | 1:2.23 | 1:2.99 Expected Profit= +19.52% | +36.40% | +48.80% Possible Loss= -16.32% Fib. Retracement= 0.618 | 1.117 | 1.414 Margin Leverage= 8x Estimated Gain-time= 10 days www.binance.com www.binance.com www.tradingview.com
Long
by TradingOn
BITCOIN DOMINANCE UPDATE! WHEN ALT SEASON?Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC Dominance update. Bitcoin dominance is inversely proportional to altcoins means when BTC.D increases Alts starts dumping and when BTC.D dumping, Alts starts pumping. BTC.D affects especially BTC pair altcoins. Now, let's get to the chart. Here I show you a 3-day chart of bitcoin dominance. According to this chart, dominance is moving inside a parallel channel and currently breaks above the middle line of the channel(dashed line). Also, it breaks above the 100ma. So from here, I'm expecting a bounce in dominance till the 46 levels. After reaching the 46 levels I'm expecting a rejection and that is the best time to enter into altcoins. As of now, I'm waiting patiently to reach dominance at that level and when I see any rejection I'll update you all. Till then stay safe and stay tuned. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:BTC.DLong
by CoreCrypto1
1
BITCOIN - Will The Price Return?❌ Bitcoin is currently trading in the range of 39,500, which is a slight recovery from yesterday. Yesterday, its price fell to the range of $ 38,400 (about 2%). Today, Bitcoin's dominance in the digital currency market is about 42.2%, and the Total Market Cap, which is 1.4% higher than yesterday, is about 1.77 trillion dollars. The trading volume of the last 24 hours has also decreased significantly and is estimated at $ 54 billion. Among the Altcoins, the Chiliz rose more than 20% yesterday, and the Monero and Convex Finance were the bullish currencies. Other altcoins have not been recovered yet. The Fear and Greed Index of digital currencies today, like yesterday, shows 22 and is still in the Extreme Fear range. ✅ Well, let's look at Bitcoin in the 4H timeframe Bitcoin's current candlestick is close to the uptrend line, and one of the possible scenarios for price recovery could be the same as the uptrend line. But will the price return from this point, or will the uptrend line be broken? Although the $ 40,000 support for Bitcoin has been lost in recent days, the uptrend at this point is a good sign for market investors. If the price maintains its current bullish reaction to this trend line and re-enters the $ 40,000 range, we can expect Bitcoin to grow again in this range by stabilizing above $ 40,000. But if the Bitcoin uptrend breaks and stabilizes below the trend line, it is possible to accelerate the downtrend again. In that case, the next price target for Bitcoin would probably be $ 36,000.
by MonoCoinSignal
28
BITCOIN - Will the decline continue?Bitcoin's $ 40,000 support fell sharply yesterday to $38,400. But will the decline continue? Bitcoin dominance over the digital currency market is about 42.3%, and the total market cap of cryptocurrencies is about $1.76 trillion, down 4% from yesterday. The trading volume of the last 24 hours is estimated at $83 billion. Altcoins have also fallen in price with the recent drop in bitcoins. Ciphers like Waves have dropped by about 15%. And Celo and Anchor Protocol currencies have experienced slight growth of around 5% and 7%. The fear and greed index was at 22 today, which indicates the Extreme Fear range. Yesterday, the index was in the Fear range and showed 33. Bitcoin lost $40,000 in support again yesterday, falling below $38,400. The price is currently trading at $39,000. ✅ But will these losses continue? In the daily channel, Bitcoin breaks the middle line of the channel downwards. Of course, the positive point is that the price below this line has not stabilized, and it is still possible to return to the top of the line if Bitcoin is supported. If the price returns above the midline of the bullish channel, its next destination will be the channel ceiling. But if the decline continues and the acceleration accelerates again, it is possible that bitcoin will reach the bottom of this channel, which is the support of $35,000. Of course, $39,000 and $36,000 are good supports for Bitcoin, and the price may be back before it reaches the bottom of the channel. ✅ It is better to know this news today: 1- Switzerland intends to block Russian cryptocurrency assets in that country. It will seize the crypto assets of active Russian companies and Russian citizens. 2- Bitcoin whales moved nearly 11,000 bitcoins in an hour. These transfers have certainly been effective in recent price declines and have taken place in two transactions.
by MonoCoinSignal
29