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Bitcoindominance

BTC.DCleaned up the BTC.D chart, as I feel now that bitcoin dominance is in a consolidation phase along side BTC price action. The D1 BTC.D chart has a falling wedge that is right below the 200 ema. I am almost 99% certain it will break up leading to another pump in dom & price of bitcoin. 68% will most likely take a few attempts B4 finally failing as BTC breaks up along with dom & heading towards the 200 ema weekly chart. There is some room for downside here to $5,500 level but thats really all I see and will probably be a great buy for a TP of $9600 next major area of resistance.
CRYPTOCAP:BTC.DLong
by Big_Mike716
The Low Is In? Bitcoin Dominance Says BTC Goes Up!The BTC Dominance (BTC.D) chart is showing multiple bullish signals... Is Bitcoin about to go up? First we notice the ascending triangle, which is a bullish pattern. Prices are now trading above EMA10 while challenging EMA50 and EMA300. We have a reversal candle on the 13 March. Both the MACD and RSI are bullish and strong. All these signals are pointing up. Conditions for change If prices move and close below 64.17, the above signals become invalid. The red arrows enters play. NOTE: BTC.D moving higher not necessarily means that Bitcoin (BTCUSD) will go higher. Do you believe that Bitcoin will move lower or will it start to reverse and go up? Share in the comments section below... ----- Previous analysis (Bitcoin Bouncing Now?) : Bitcoin Drops To $3K Before $32K? New EMAs + Daily RSI Analyzed Bitcoin Weekly Update (MA200 Breaks / Bearish, Low $3ks Next?) Thanks a lot for your continued support. Namaste.
CRYPTOCAP:BTC.D
by MasterAnanda
20