BTC LONG TIME ? macd
and deepCarb
thats risky please with risk M
see the another chart for angles and time analysis
Btc-dominance
BTC.Dominance about to explodeBTC just needs a little trigger to explode - here the dominance is holding pretty tight of the wedge, but that one is coming to an end aswell.
SPX is getting bullish so we need to monitor this.
BITCOIN DOMINANCE AT MAJOR SUPPORT! BE CAREFUL WITH YOUR ALT BAGHello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Bitcoin Dominance update. Those who don't know, BTC.D works inversely with Altcoins. It means when BTC.D dumps, Alts will pump and when BTC.D pumps, Alts will bleed.
Now let's get to the chart.
Currently, Bitcoin dominance trading below 40 and it is at the major support level in the weekly time frame. Every time dominance comes at this level we have seen a pump and bloodbath in Altcoins.
BTC.D goes below 39.30 level only one time which happens in 2018. This 39-40 range is a very strong support so we see a bounce from here and if it bounce then be ready to see huge dump in Alts.
It's better to stay cautious now.
Invalidation:- Weekly close below 39.30 level.
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Also, share your views in the comment section.
Thank You!
BTC DominanceBTC.D will continue going down Targeting 36.5% and if it breaks in the next couple if weeks we may even see lower levels exp 27.6% for the first time.
BTC.D: Will Bitcoin Dominance Rise Again?As we can see on the chart, since May 2021, BTC dominance has fluctuated between 39% - 48%.
BTC dominance is now at the support zone again with bullish divergence building up on the daily time frame.
Based on what I'm seeing, I think there is a good chance that it could bounce off of this zone, although if Ethereum continues to lead the market then the support zone can break down.
Total market cap following the planIt's fun to go back to chart I haven't seen in months and see that my TA has played out like I thought. Here you can see the first trendline I drawed on this chart (in yellow) and then at the retest I saw the H&S.
By book the retracement should end around 360Bil USDT but I think this will stop around 550Bil USDT (cyan dashed line).
Here you can see TOTAL2 (w/o BTC market cap) and TOTAL3 (w/o BTC and ETH market cap) on which I had a channels which broke down.
Eventually there'll be a time to buy heavy but I don't think this is the time yet.
Keep up and short what you can!
Wen Alts Szn?two possible scenarios here for alts dominance. either we flip multi months range high then full send of nuke to mid range to accumulate for next bull market. Don't be btc nor eth maxi if we reach mid or flip the high. asking for your grandchildren wealth.
🔻BTC.D ,🔻USDT.D & 💹OTHERS.D (UPDATE)❓❕HEY crypto community, what's going on today ❓❕‼️😉
since Jul 21 ,that I posted last update for BITCOIN dominance , OTHERS dominance and TETHER dominance , as I expected ,these indices has been slightly continuing previous trends !
Also as I told you guys , while the dominance of both BTC and tether decreased But others.d increased and at same time we an wait for more growth for altcoin , and we've seen that bitcoin and altcoins prices has slightly raised recently .
So in my opinion it means that at least a short-time Altcoin-party is still expected , .
when the bitcoin dominance is still significantly bigger than others . ( Usdt.d - Others.d - Eth.d..) BTC.D AND Bitcoin price is determinant for the next possible movement of crypto market !
technical point of view:
-bitcoin dominance(BTC.D) has recently lost a major Pivot zone and treding under POC lines(Power of Control) . so in this case if it not be able to return back soon above this pivot zone immediately . it can easily drop on the lower support line .
- also as I expected for Tether dominance(USDT.D) it has been declining til now, recently ceased at a dynamic support line , so may it has a rejection and can form a H&S pattern that can fall again in this case , but anyway if loses the current support it will easily fall on the lower support zone .
- Also for Others Dominance: as we see its already trading above a major pivot zone , and meanwhile BTC.D and UST.D is decreasing it can continue its uptrend and tests the higher resistance zone just if it be able to maintain the current pivot zone.
conclusion:
According to above chart , if the current scenarios for dominances continue , Whether bitcoin price goes more up or even goes sideway its a good situation to long altcoins. btw in this situation if bitcoin even goes down ,then altcoins can go sideway!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Fast Drop incoming
I am going to present some fundamental factors updates to understand my bearish ideas.
Updates:
USD looking bullish yet again!
UK true inflation reports to be higher than expected inflation. General worries about Uk Inflation to jump to 18%
www.bbc.co.uk
Further war escalation:
- Russia urging public to fight
- NATO expansion
- US & Taiwan conflicts
For Alt traders:
BTC Dominance no Longer Dominantonly a matter of time before Bitcoin Dominance ( BTC.D ) takes a nose dive IMO, which would mean #altcoins szn and #nfts szn.
$ETH merger could be the catalyst to get this started (mid-September).
sometime within the next year would be my prediction this happens.
1st target for #BTC.D would be down to ~20%.
Run it back CURBO
-@CryptoCurb
BTC.D+Stablecoin DominanceI think the days of just looking at BTC dominance are nearing its' end now that we have more stable (generally) crypto options to "cash out" to. Before USDT/USDC, bitcoin was the safest to cash out to. I calculated dominance of top 50 overall market cap stablecoins BUSD, USDC, USDT and DAI and then added BTC.D. This way we can paint a picture of overall market risk on vs off, removing the impact trading between BTC and stablecoins has on BTC.D alone.
Equation plugged into TradingView: BTC.D+(GLASSNODE:BUSD_MARKETCAP+GLASSNODE:USDT_MARKETCAP+GLASSNODE:USDC_MARKETCAP+CRYPTOCAP:DAI)/CRYPTOCAP:TOTAL*100
Any comments, questions/concerns are more than welcome!
Bitcoin dominance defined in JanuaryBitcoin dominance defines the market capitalization of BTC versus the total crypto market capitalization.
When the dominance of BTC goes up, it means that the price of BTC performs better than altcoins.
Otherwise, when it goes down, altcoins perform better.
According to vertical lines, January is a definition month.
The red lines indicate when there has been a decline in dominance, and the green lines when there has been a rise.
In the last month of January, we have an indication of a rise.
The question is whether in January 2023 dominance will continue to rise or decline.
#BTC $BTC This is our Technical Analysis on #Bitcoin Weekly!
In Weekly TF BTC is on Ranging/Flat Market
Give attention to strong levels when price reach there!
Bitcoin Dominance Chart Update ( Altcoins Soon Big Dump ..?)#Bitcoin Dominance Detailed Technical Analysis :-
$BTC dominance currently trading around 40.66%
Which is very Bottom area of dominance.
39.60% Level is Strong support level.
If Bounce from this Level then Best Strategy is Exit From Altcoins.
$BTC Pairs Will dump hard if Dominance Increased and If BTC pairs Dump then USDT pairs also Dump.
Now..?
I am exiting Some Altcoins in Huge Profit which I bought at Bottom.
Strong support:- 39.50%
Resistance:- 48%
I will Update more time to time.
Thank you.
Btc.d big cheat for crypto tradersHello if btc.d is bulish and market is bullish you should open long for btc or which altcoins chart to btc is bullish.
If btc.d is bullish and market is bearish you should open short for altcoins.
If btc.d is bearish and market is bullish you should open long for altcoins.
If btc.d is bearish and market is bearish you should open short for btc or which altcoins chart to btc is bearish.
BTC.D altcoins look stronger on weeksAbout BTC.D last years we saw that all crypto bull-runs were from BTC started first, and after 3-5 weeks another alts growing, now I see fully mirrored, I include a 20-weeks chanel, seems alts will growing twice faster (if we starting a correction)
BTC.D Update & Next moveBTC.D broke the support zone area. Now retesting. If the price broke the green doted line and make a LL then that will be a good sign for ALT
Note that: BTC movement need to be stable. High volatility on Btc will be not good sign.
Have a great day. Trade safe. :)
BTC.D what if domination will go down next half year?BTC.D what you can say guys, is it real or not? I see 20% is possible
#BTC/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC 6Hr UPDATE !
As I told in the previous update, you can read further in BTC's it is going on
As we can see at the above mentioned chart after a sharp rejection from upper resistance trend line BTC moved to south by 3% and again able to recover towards north and currently facing the resistance level again.
As BTC is suffering to break above which is the most necessary rally above.
Break above will lead BTC towards its upper price level of $25k and rejection will again lead it to drop towards lower support levels.
Let’s see how price perfumes in upcoming hours.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Alt Coins are having a moment, as BTC dominance goes down again Range bottoms for BTC dominance, we'll see if we get a clean bounce off the bottom, or breakout 2 fail breakout.
BTC.D Testing Key support levelThis graph shows 1/Total Crypto Market Cap(excluding BTC).
Currently we are seeing general uncertainty in the most volatile market. It may be a better idea to hedge your positions with spreads . In other words, if you are bullish due to fundamental analysis factor on ETH or any other altcoin, you may place a long with your alt and a BTC short .
- Same goes for otherway around (BTC long, shitcoin short)
- This idea is based on the assumption that Cryptocurrencies move in the same direction
BTC.D - Bullish Retest & Bounce Incoming?With BTC strength reducing as it hits resistance at the top of the bear channel , we also have potential confluence with BTC .D potentially about to do a bullish retest and bounce from the macro falling wedge it broke out of early in the Spring .
Naturally a retest and bounce points to another batch of selling off for BTC and crypto as a whole.
Any thoughts on how this idea could fail?
btc.d analysisacc to me there will be upside movement in the dominane which and effect the ALTs and we can build some short positions #nfa #dyor
