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Bitcoindominance

ETH / BTC Long: BTC Dominance Weekly Flipped = ETH / BTC WeeklyWhatever Bitcoin Dominance does, Ethereum will do the exact opposite, proven over time. At the top is Bitcoin Dominance weekly chart, flipped upside down. Below is ETH / BTC weekly chart, normal. Should BTC Dominance break down here and complete its head and shoulders pattern, Ethereum / Bitcoin pair will complete its HSi and move up dramatically in the same way BTC.D moves down. I'm bullish on ETH vs BTC, I think we'll reach at least a ratio of 0.05-0.06 BTC per ETH, with a possibility to re-visit our previous all-time high and potentially break through to 0.2.
CRYPTOCAP:BTC.D
by dudebruhwhoa
3
Almost time to DUMP YOUR BTC Bit of a clickbait title... (I still believe Bitcoin price will rise - just to clarify) Based on the BTC Dominance chart it is my opinion that the Altcoin market is about to greatly surpass the growth in bitcoin, this means that finding undervalued Altcoins will likely be much more profitable than holding BTC. If you saw my last post about XRP, I believe it is incredibly undervalued and will outperform most of the market from this point onwards, just like it has in the past Alt Seasons. Other coins that I personally believe to be strong projects and are also incredibly undervalued are Algo, HBAR, ZAP. Do your own research, check out the projects for yourself, don't invest more than you can afford to loose and don't take life too seriously... Have fun out there :)
CRYPTOCAP:BTC.DShort
by Cteare1
BITCOIN Price Breaks $52000, What`s next? On BTC Dominance we are located on strong support area between 59.7 and 61 approx. on 4H TF we can see that this support is quite strong, but LL and LH show us that we have down trend and its a matter of time when we will break this support through and go below on the way to altseason! From the last BTC update the price perfectly worked our and we could see break out of 52K resisatance area. Now when the price in around 54K I`d like to see that 52K area will be our support are, so we can go to the next resistance, which is 55K area. I doubt that 52K won`t be able to be our support, but in case if NO, then we are going to 49.5K support. So my next target is to see 52K as a support and wait till we test 56K resistance area, if break out will be succesful, highly likely we will see new ATH soon. P.S. It is my personal opinion. I am not financial adviser. DYOR. Have a nice day!!! If you like my reviews and it help you to understand the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations. Thanks to your likes, I understand how many people rated my review positively. Thank you very much and thank the sympathetic commentators for understanding. I spend my personal time monitoring the market situation and share my opinion with you openly. I ask you to take this point into account and treats with understanding.
Long
by sorokanstanislav
Bitcoin Dominance Reversing?Some would say the past weeks were crazy but honestly this was a well waited correction we have long waited for. On this not, I have closely examined BTC Dominance as it kept bouncing up and reverse creating a condense pattern towards the (green line) resistance. Lots of tests and failures have occurred proving that Bitcoin might be at its peak in term of market cap dominance. 57% for BTC Dominance could be another strong support for us to break as this support goes back out of shot to last year and previous years. This certainly proves that there are interesting times ahead to maximize profitability on Alts. PS: Sorry for the indicators they don't mean much to what I am trying to explain.
CRYPTOCAP:BTC.D
by ssavi
2
Fasten your seatbelts and make sure you are loaded with altcoinsCRYPTOCAP:BTC.D Hi! Bitcoin dominance is right now in key level which can possible launch in very short time massive alt season so make sure your bags are loaded ;) I'm just saying be ready!!! Load your guns, put the space suite on and sit in the cocpit, because when it launches guys then it will be very fast. It's better to sweat a bit longer waiting for launch then watching the rocket from down... Now what I see here. • On weekly and daily we can see that we are testing: 1. support trend line 2. horizontal key level • at 4h there is a mega rejection and a typical break out pattern follows, but somehow it got stuck at the horizontal key level Conclusion: 1. It is very likely due to the big increase in the price of BTC that we will be in alts for a while now and therefore it is good to have alts bought. We could expect some short term move towards 40000USD. It is written on the net how Microstrategy bought the BTC package for quite expensive. Last time when they bought it it was around 29500 I think on the wick and then the price went up a lot, BUT… Microstrategy - M. Saylor starts the hunger of the institution after BTC by declaring and publishing it, but big guys want to buy cheap BTC and get their BTC from people like you and me. If BTC enters in some huge accumulation now, people will get out of then rebuy more expensive and then we will continue higher with BTC. If tis is the case then we can expect dominance of BTC falling down and the alts sky rocketing. 2. Less likely to go over ATH soon. 3. Low probability of a long-term dump, because there were such large wick down that the big players had already bought. SOOOOOOOOO. Time will tell. If you find this useful then give like to this post and comment. Thanks! Good luck! M This is not any financial advise, always check the market before entering any position.
CRYPTOCAP:BTC.D
by Muzaaa
7