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Bitcoindominanceupdate

If you have any money in crypto you need to know this...There is a seasonality to the Crypto space. It comes in waves led by the leader and King BTC. There is no question many projects and exciting coins coming into this space but until the market cap of Bitcoin has been dethroned, Bitcoin exists as the the KING. Many Alt coins have had 5-6 months in the sun and this chart points that their cycle may be coming to an end for a season. If you have any money invested in Crypto you may consider selling your Alts if you haven't been totally flushed out yet or allocating more of your holdings into BTC. I just asked my 6 year old daughter which way she thought this chart was going to go next? Her answer was... "up". I asked her why? She told me "is this is pattern?". Yes we see these patterns in Crypto. I called the bottom on BTC.D 3 about a month ago and was proven to be early. This game is hard to be perfect at or right all of the time. We are starting to see a strong bounce off the 2017 low. My entire point in putting this together is for you to closely look at your holdings and make sure for the next 2-3 months they are BTC dominant. Just shear math will tell you will have a better return there until this market consolidates over the next couple months. Alts like to see their parent (BTC) confident before they run wild. Just as an example I'm personally looking for ETH/BTC to drop back to .50 before shifting more of my Bitcoin to ETH. Before this happens BTC.D will be much higher than it is now. Not only will this gain a higher return but our conversions will be better and our money will go further when BTC.D crawls back to up to the .60 price. We are on a journey back to the X. It's never a straight shot path either but I'll wake you up when we get there. Adjust your accounts accordingly. BRONSON-TheSHARK
CRYPTOCAP:BTC.DLong
by Bronson-TheShark
4
BTC.D worth to keep eye onHello everyone, BTC.D H&S paterns target is almost reached We might see a dominance bounce and suction of some overbought alts into papa soon Rejection in the red zone in circle might cause a further dominance drop till end of the year in to the new lows. Cheers ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
CRYPTOCAP:BTC.D
by Anoinvest
6
BTC DOMINANCE TAKING A HIT WHILE ETH SOARS!!we're seeing heavy downside right now in BTC dominance and Ethereum is loving it! I personally believe we are just getting started with this altcoin season, Bitcoin dominance still has a big fall ahead historically speaking, we have little to no resistance left until our heavy support at 40%! As dominance goes lower alts will go higher. We see very heavy downwards pressure from the EMA ribbons with them spreading out and heavily pointing to the downside. The Zero Lag MACD has recently flipped bearish and printed a "sell". If we see the blue and orange on top start to spread out we could see a very very large fall so always check the Macd, we are still around the mid point and could possibly do a full swing to the downside! Rsi Continues too hangout in the bottom "overbought" area pointing down with no signs of popping back up, we could see a little reverse soon but i think itll be very brief and we will continue bearish for a few months! NFA just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
VERY IMPORTANT CLOSE FOR BTC DOMINANCE!!!BTC dominance has currently broken through the very strong historic support level! If we see a daily close tonight below this aprx 50% level we will see altcoins surge more than we already are! If we don't see the close tonight i believe the time is coming and it'll happen soon, we could see a 35% BTC dominance eventually around the peak of this altseason! Looking at the EMA ribbons we are still getting lots of pressure to the downside seeing big separation in the ribbons with no sign of slowing down, same thing with our ichimoku cloud, we are getting continuously pushed down by bearish momentum. The Zero Lag MACD is coming up pretty strong but looks like we are starting to see a bit of early signs of a reversal as we approach a potential peak. Not financial advice just my opinion!
CRYPTOCAP:BTC.D
by JacobR905
Massive Altcoin Surge coming soon??!Bitcoins dominance has been getting crushed recently coming further down breaking through all FIB Levels and strong historical support levels. As of right now we are sitting right on the historic strong 50% Dominance level, i think it is slowly getting weaker and weaker as we have been testing it for the past 5-6 days. I think the break is coming soon and we could see btcs dominance continue on its bearish path, we have been hovering slightly above the bottom band of the bollinger bands and if we do slip and start to hug it again like we were previously we could see another rapid fall. Our EMA ribbons are spreading out even more bearish pushing down on us with bearish momentum and show 0 signs of recovering anytime soon! Our MACD has been pushing up but appears to be loosing steam looking like we could see a reversal in the coming days. I could see us breaking this 50% level any day now and then start the fall down to eventually 40% and even possibly 35% which was our previous altseason peak in 2018! NFA Just my opinion! rarible.com Feel free to check out my very first NFT! More to come!!
CRYPTOCAP:BTC.DShort
by JacobR905
1
Massive BTC dominance drop in the coming days?1Bitcoins dominance has been falling for weeks now and is approaching a critical support level at 50%, we have tested and bounced off once already and i believe in the coming days or week we could see a breakthrough and ultimately continue falling! When we do breakthrough this level itll be turned into heavy resistance and i think we will see another gradual fall all the way to 40%, depending if BTC dumps with its dominance we could see a big market pulldown and then Altcoins will start to boom like crazy. Remember the peak of the 2018 altseason BTCs dominance touched aprx. 35% before heading back up for a recovery. Definitely keep an eye on the bollinger bands, as you can see we have been riding the bottom band which is super bearish and ill be looking to see if that continues. Aswell as watching the bollinger bands on BTCUSD we are getting very close to the bottom band and if we start riding it a fall will be imminent, NFA just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
BTC dominance heading for 50%Sorry everyone for the lack of TA recently, have been working on some big projects to do with NFTS but still going to try get content out as much as possible! We are seeing bitcoins dominance continuing to fall at a pretty rapid pace (Hence the serious gains in altcoins at the moment) I think we are bound to see a 50% dominance in the near future, The ichimoku cloud has really been pressing down hard on us continuing to print resistance clouds, Aswell the EMA ribbons are really starting to turn down pushing us further down with lots of bearish momentum, also showing no signs of slowing up. Our MACD looks like it is currently peaking and appears to be turning slightly to the downside, I will be looking for that reversal in the next day or so. I believe 50% is inevitable but if we do see some reversal and a move up at most i could see us rejecting off the 57% level and then heading back down. Remember that 57% support that we turned into resistance is historically one of bitcoins strongest levels and will be very tough to break, just my opinion not financial advice!
CRYPTOCAP:BTC.DShort
by JacobR905
Will BTC domiance hold this crucial support!?!?BTC dominance is continuing to fall we actually are past this crucial long term support and i will 100% be watching for the daily candle close! If we do see a close below the 57% support dominance could take another sharp fall. Mainly i think because we are riding the bottom of our Bollinger bands which is very bearish and if we dont see a little recover and hold today and tomorrow i believe there will be more downside. Our MACD isn't looking very great as of now we are seeing further separation and no sign of recovering, so this is something to watch aswell! The EMA ribbons are also turning and pressing down. Like I said this is a very important daily close for BTC dominance so keep an eye out, we could start to see some crazy crazy altcoin gains if we continue! Not financial advice just my opinion!!
CRYPTOCAP:BTC.DShort
by JacobR905
Bitcoin dominance is officialy dead - long altcoins (altszn2021)Hello everyone, nothing serious here just a update on a BTC.D (Bitcoin dominance chart) As you can seen in the chart below I was expecting a huge inverted H&S formation for altcoins dominance months back allready and it played out nicely. Today a monthly candle closed with a expected 3 white soldiers candlestick pattern and also with higher high Further altcoins increase and Bitcoin dominance drop is expected ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS others.d, others dominance, market cap others dominance, altcoins, altcoinseason, alt, alts, alt szn, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
CRYPTOCAP:OTHERS.DLong
by Anoinvest
10
Watch BTC dominance close tomorrow!!!!BTC dominance continuing to fall now we are a decent bit under our long term support and if we see a close this low or below this support we could see a bigger drop resulting in an explosive altcoin run. If BTC dumps which it doesn’t seem like it will, but if it does we will see the market get dragged down with it momentarily then alts will fly and really start to shine! Our ichimoku cloud still pushing down with bearish clouds. The RSI is pointing down and our stoch looks a little bullish but could still reverse back. Just something to keep in mind for tomorrow, not financial advice just my opinion!
CRYPTOCAP:BTC.D
by JacobR905