Btc-dominance
can btc dominance go higher ? if btc dominance can break the trend line successfully
well i can ssay it is not alt season started yet
it is just my idea
BTC updateHello every body
today we had a great dump since the bullish run started we didn't have such thing before
the price of bitcoin have successfully gather back from the trend line i show in chart but in one candle we have a shadow to 47500
it seams if the trend line breaks price can reach and go down to 47500
but if it is not we can get at least the last ath 58000
Information provided is only educational and should not be used to take action in the markets.
BTC DOMINANCEThe important level of 62.3% was broken by a strong impulse. Dominance is heading downwards which is definitely good for altcoins. This weekend promises to be green.
The next supports are located at 59% and 57% levels.
#BTC.D #4H #dominance #bitcoindominanceHi guys..its the latest analyze chart of DOMINANCE of bitcoin in 4H timeframe .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
BTC Dominance Long TermBTC May turn around and continue higher but BTC Dominance should go down like 2017. This first red candle that is creating a bearish engulfing is great to put a year long downtrend like 2017. To build wealth in 2021 you need to be owners of ALT Coins.
BTC dominance reached support zoneBTC DOMINANCE
Reached support zone 63-62%
From here more likely is dominance to move up
Which mean bleeding and correction for alts
If dominance breakdown this Support can lead to alts season but this is less likely here
🚨🚨
Next week is very important for all the market
Take care because big move soon and dont overtrading
BTC.D - ALTSEASON while we are in the blue rectangle. Alt season continues.
Push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
Bitcoin Dominance Drop!!! Possibles targets!!!The Bitcoin dominance it's crash today and we see that the price it's goes down toward the 64%. So, we were into this bullish rising wedge, but unfortunately Bitcoin dominance was down and we can to see a little altseason movement.
Now, in weekly timeframe, we see that BItcoin it's leading down toward the 64%, another possibility it's that Bitcoin it's formed a possible shoulder head shoulder in formation for the next weeks.
If this will be valid, we can see a possible continuation of the bull rally in Bitcoin.
Now, another function it's that Bitcoin it's formed an accumulatio zone to continue up!!!
This it's amazing!!!
BTC Dom is decreasing. Alts season?BTC Dominiance is following Head and Shoulders pattern. If it breaks red zone, there will be good signs for altcoins. Keep your eyes on BTC.D
Besides, Many top altcoins are following reversal H&S pattern or 3 bottoms pattern. I suppose that alts season is coming. Load the truck and hodl it tight.
BTC trend line at its max, will BTC break it?With BTC dominating the market and all Alts waiting on a correction it will be hard to break that trend channel in the short term.
Since when BTC broke the triangle from 20k, it create a very stable Trend channel, and looks like it will respect it for now.
Mayer multiples are over 2
RSI (not very accountable) is also very high.
We are definitely over the on the Stock to flow model.
Alts are just waiting for a drop in BTC dominanceMany Alts did not move like BTC yet and are waiting for a drop in BTC dominance to have that liquidity falling on them.
This month is crucial for the next move on the Alts market.
BTC.Dominance - ALT SEASON IS COMING.ALT SEASON IS COMING.
Many altcoins are looking to go grown.
Bitcoin dominance shows that growth is possible.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BTC dominance outlook - first 6 months of 2021As we've hit a long-term resistance in BTC dominance, as well as a well-extended price, the narrative for an ALT-season seems strong, once BTC settles into a holding pattern.
Once BTC dominance has retraced to the 100-day MA in early summer, it would likely restart BTC's bull run again.
#btc.d #weeklyhui guys.73.49% is very imortant level. if break out ,We do not recommend that you enter the alt!
