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Bitcoindominance

Bitcoin and Ethereum (alts)Hello! Here we can see Bitcoin on left picture and Ethereum on the right. I guess Ethereum (alts) are taking over again atleast for little while.. Before today I though that Bitcoin Dominace would have turned (analysis earlier) but it seems alts got an upperhand for now.. Maybe Bitcoin needs to go get some more momentum possibly from previous structure, 20 ema (yellow line) and 0,236 fibo level around 38,300 area. or 36,500 on 0.382% Fibo There is also structure on 39 500 area. If we bounce or stay on top of that Bitcoin is still strong -Jebu
COINBASE:BTCUSD
by PalenTrade
In the coming months, you'll soon want to be all in BTCI've never looked at the Bitcoin Dominance chart. So I did. I drew a fib from the bottom to the first higher low. The fibs seem to match up. The chart tells me that it's touched the bottom of 35.41 dominance. Then it's worked its way back up through 50% dominance. Then retesting the breakout at 38% before heading straight up to 63.25% (1.618 Fib). How beautiful was that?!? Simply amazing. As a global society and community, we're all doing our part to ensure this chart looks pretty. Something in the natural mathematical world is guiding us. Now Bitcoin's dominance is bouncing around the 1.618 level. With all of the financial institutions flooding into the market (LOOK AT THAT VOLUME GROWWWW), Bitcoin will attempt to reclaim it's 94-95% dominance. IT HAS TO (91% of the time). Even if for a brief moment. And how will BTC reclaim it's 95% dominance in an ever-so-growing crypto market? By RIPPING of course! I'm not an expert nor fortune teller, but I'm willing to be my lifesavings that BTC will reach 6 figures by the end of this year. Mark my words. 🚀🚀🚀
CRYPTOCAP:BTC.DLong
by FloppinFish
2
Bitcoin DominanceHello. Bitcoin Dominance on a support.. Bitcoin is looking pretty good and just trying to break out from an nice higher lows trading pattern. (added picture) Many alts are looking really good too. Link, Eth, Grt.. (ATHs) Curious to see how we keep moving from here, cause I feel like I don't have a clue ;) 3 scenarios which I see possible: -Bitcoin takes more dominance and alts get weaker against btc -Alts keep going up as bitcoin stays chill. I don't think Btc will stay chill -Bitcoin and some alts gets stronger together.. Link, Eth, etc.. Right now markets actually see really really strong. I am little scared because of that.. But maybe it is just that there is ALOT of new money flowing in which actually I do think is the case. How long this will last. Nobody knows.. If you are not holding for long term, or are trading use stop loss. Otherwise you will get your ass burned! Take care! -Jebu
CRYPTOCAP:BTC.DLong
by PalenTrade
Dominance Bounce Up Coming ? Btc.d #bitcoindominance #bitcoin itHere we see our daily Bitcoin Dominance chart .As you can see we broke red candles way below that regression channel ( the pink & blue box we were in ) and even broke below our green Ichimoku Cloud. We also hit a TD Sequential 9 in red ( those numbers you see under the candles ) and when we reach a red number 9 it usually means a reversal of trend is coming soon. Also we just touched down to our 200 MA ( dark blue line ! ) That's a strong support . And look at our rsi - it's down near 25 , so all indicators seem to say we will have some upside with Bitcoin. Does that mean it goes straight u ?NO ! Of course not ,This can take awhile and there can be many ups and downs along the way . And it's always possible this gets stopped at the top of the cloud near 68 but that will have to wait for further developments . Let's see what happens .
CRYPTOCAP:BTC.D
by shimmeringpath
3
Do you Want to know when ALT SEASON ends?!?! 💣I believe we have ALT SEASON until Bitcoin Dominance bounces we have between the support and resistance on the chart.. BTC power was high until BTC.D reached around 73% so it's now a resistance level and BTC will need to break this level to go back online on full power, until then Alt Coins has the control on our profits.. We see some good support around 60%. If this level is broken, I think the Alt Season is over.. So, stay chill and enjoy your alts in the time that BTC.D is bouncing in this area.. This is my first try for drawing art charts I learned it from @drewby4321, I give you the link below if you're interested in chart art.. I'm sure I need a lot more practice on this!! haha.. This is my idea on Alt Season, I'll be glad too see yours..
CRYPTOCAP:BTC.D
by ArshiaZojaji
13
Don’t try to catch the falling knifeToday’s sell-off across most crypto assets has caused some concerns about the continuation of the altseason. We’ve decided to check what Hybrid Intelligence thinks by posting the usual question about BTC dominance: “Bitcoin crypto market share settled at 63.85% at 12:00 PM UTC on Wednesday, January 27. Will Bitcoin's market share climb above 65.13% (+2%) earlier than drop below 62.57% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 42% This is a rather uncertain indicator. After falling for 3 weeks, BTC dominance found support around 62.5%. The Hybrid Intelligence view is slightly more pro-Bitcoin than last week (it was 31%, i.e. in favour of altcoins), but it’s not a decisive signal. To check how the overall market will perform, we’ve asked the following question: “The cryptocurrency Market Capitalization settled at 895.15B USD at 12:00 PM UTC on Wednesday, January 27. Will the Market cap climb above 962.3B USD (+7.5%) earlier than drop below 828B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 24% This is a bearish signal from Hybrid Intelligence. Yet by the time the indicator was ready, the market cap already declined significantly — and then rebounded. It’s best not to try catching the falling knives. Even after a sharp drop, prices might go down further so it’s probably safer to wait for confirmations that the local bottom was reached.
CRYPTOCAP:BTC.DEducation
by Cindicator
2
BTC.D Complex Head and Shoulders might just be played out Numbers aren't quite exact, but close in terms of percentage down. RSI also looking to pick up. Next few hours to see if this bounce is real... Not really in the place to cash out of all of my alts as most of them are Long Term holds for higher prices, and being farmed for yield. We shall see if Altseason is just a meme like I expect it will be. Good Alts don't need Altseason, see DOT, see Link, see ETH, see ADA, see Matic and several others.
CRYPTOCAP:BTC.DLong
by JJMa
1
Bitcoin Dominance (BTC.D) - Altcoin Season ComingUpdate from my previous Bitcoin Dominance (BTC.D) post where I called the 70.21% top and the wick of 72.04% before dropping, you can check it out in the related posts. BTC.D didn't see a single candle close on the weekly over 72.04% which is very good in terms of altcoin season coming as it doesn't look like it's going to go any higher. Previously in the fall of 2019, BTC.D also hit a high near the price it hit over the 2021 new year at ~72.04%. This looks like a classic double top pattern and at the moment BTC.D looks like its holding this uptrend, but could break it and start falling like the price did in 2017 for the 1st altcoin season. With coins like ETH/BTC popping off and making highs for the 1st time since 2018, this ratio looks very promising to dip. Also many other altcoins look like they're at their bottom & starting their reversal like LTC, XRP, XLM, etc.. to name a few. This is just an update from the post, called the top at 70.21% if it reverses down now. If the ratio falls and we see an altcoin season, which could be a possibility now that Bitcoin is already up over 50% since hitting its ATH, it could chill out around $30,000 - $40,000 as these altcoins find their previous ATH prices. Can't really trade the BTC.D besides understand the 'altcoin season index' but here are the levels i'm looking at for a reversal: 58.25% 53.30% 40.69% 35.75% As always please do your own research, I am not a financial advisor.
CRYPTOCAP:BTC.D
by kyer
7
Bitcoin Dominace Quick Update, We are on Edge of Epic Altseason Bitcoin Dominance Quick Update. Bitcoin Dominance is now at support. If Bitcoin dominance breaks the current support level of 64.2%, then the next support is 63.3% and the last major support is 62.4%. We will see a huge altseason if Bitcoin breaks 62.4%. Bitcoin is trading in a range that is a good sign for alts and many altcoins already mooning. It's just a matter of time now, We are on edge of the epic altseason. If bitcoin remains below $35,000 for the next 2-4 weeks, we see every altcoin pumping.
CRYPTOCAP:BTC.D
by Bitcoinik
2