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WHEN to BUY CRONOS - Using BTC.D 🔁BITTREX:CROUSDT As seen from the CROUSDT chart, the Bitcoin Dominance Chart reveals many secrets when overlayed onto your altcoin chart. They key reason for this being the constant rotation of money in and out of Bitcoin, and into and out of altcoins. If you're looking for a more detailed explanation on when to buy altcoins, check out yesterday's update here: From the chart we can clearly see that Cronos has bottomed out, but is struggling to regain bullish momentum. As we overlay the BTC.D chart (yellow) we can see there is a negative correlation between the two - When BTC.D drops, CRO increases. And when BTC.D increases, CRO drops. This will hold true not only for CRO , but for other smaller market cap altcoins as well. This concludes that NOW is an excellent zone to buy Cronos, as the price is yet again in accumulation zone. An increase can be expected as soon as we see a dip in Bitcoin Dominance. ______________________ CRYPTOCAP:BTC.D
Long
by CryptoCheck-
1
Bitcoin Dominance (BTC.D) Approaching 2024 Altcoin SeasonLooking at the 1W time frame of the Bitcoin Dominance (BTC.D) chart, it looks like it's time for the market to transition from being primarily Bitcoin-dominated to altcoin-dominated. We've seen the writing on the wall with Bitcoin making headline after headline regarding United States Spot ETFs or the halving event. Now that the majority of investors are sucked into Bitcoin, timeline shifts into altcoins. We can see that through the news now with the attention picking up on Ethereum (not discrediting Solana growth by any means, it's still small enough in market cap where it doesn't marginally change the TOTAL2 cap or this chart). Ethereum has the impending United States Spot ETFs approval as well as regulatory clarity coming around Uniswap, and from that I'd assume we'd get some sort or clarity regarding memecoins as well, sending that respective market flying with a green light for institutional investors to invest. Bitcoin is trying to grab attention or hold it's relativity now with Ordinals and L2s, and that's great! Let's say though you buy PUPS, that's considered part of TOTAL2 or bringing down the capitalization of Bitcoin relative to the rest of the crypto market. I'm expecting this trend to continue where Bitcoin holders are using their coins on-chain for these activities, ultimately dragging the BTC.D cap down with it. This time around, I don't see the possibility of Bitcoin reaching the previous 72.04% level due to the sheer amount of tokens and liquidity flying around these smid caps. Each Bitcoin Dominance cycle or Bitcoin cycle for that matter, the altcoin seasons get less and less intense due to the amount of relativity they have compared to Bitcoin at all seasons instead of just during altcoin season. Around this 55% range is mid-range of this free-fall seen in 2021, and where orders are resting. We could see Bitcoin Dominance either range in this area or start free-falling, either way I don't see a market where we re-claim that 72.04% or push much higher for that matter. Also, hearing a lot of talk about this cycle being over, cannot tell if they're joking or not, but we haven't seen that altcoin season euphoria yet. That is yet to come. An interesting observation here we can see the 2021 altcoin season took 1085 days to build up from the bottom to the top of Bitcoin dominance, and this 2024 season is right on par with that 1085 days before the cycle ultimately starts. This Bitcoin cycle is a little bit different, so we'll see how this chart plays out this time around, but I remember last cycle, 2021, I called the 72.04% Bitcoin Dominance wick to the Tee. Could be longer, who knows, but so far this chart is playing out and figured I'd give an update. The 2021 altcoins season lasted almost that full year of 2021, but as we can see on the chart, the major move happened between January - May 2021, those 5 months. If history were to repeat itself, we should see this cycle's main move play out in 5 months too.
CRYPTOCAP:BTC.D
by kyer
1
BTC Dominance BTC Dominance is breaking a trendline on Daily Time Fame and on support at 54.16% if the breakdown down is confirmed then we might see BTC.D continuously retrace towards the lower zones this is a good sign for alts and is possibly the start of the biggest bull run ever. Be patient and get ready to witness the massive run. Save your portfolio from futures trading and fill your spot bags while the market is retracing by doing DCA (dollar-cost averaging ) at important levels.
CRYPTOCAP:BTC.D
by TheCryptoCity
Bitcoin Dominance targetsMany people now waiting BTC dominance over 60%. I dont think so we will go so high! CRYPTOCAP:BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin 51.20% was a previous support for BTC dominance in 2020 now its can be like resistance Locally we formed triangle with fake out 2 possible scenarios for Btc dominance marked on a chart Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100% Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
CRYPTOCAP:BTC.DShort
by Crypto4light
1
BITCOIN dominancehello dear trader and investors there are two senario for biton dominancee 1/ if dominance hit the top of uptrend channel (58 -59.8 ) sell zone 2 willbe activated and altseason actice from here 2/ if dominance breakdown uptrend channel on 54 To invest, make sure you have a portfolio and make buy your altcoin step by stepThe post 85% of Altcoins Are in Historic Buy Zone: Santiment Report appeared first on Coinpedia Fintech News If we take a general look at the sentiments of the crypto community, we realize that altcoins are often seen shadowing the dramatic volatility of their big brother, Bitcoin. However, an on-chain analytics firm, Santiment, has given us a fresh look at altcoins. Santiment’s report suggests that a pivotal shift may be on the horizon for these alternative digital assets. According to their data, most altcoins are positioned in a historic “opportunity zone.” Santiment’s Report on the MVRV Ratio According to our model, the mid-term gains and losses by average wallets indicate heavy realized losses across most #altcoins. Over 85% of assets we track are in a historic opportunity zone when calculating the market value to realized value (MVRV) of wallets' collective… pic.twitter.com/NogkCSH5PG — Santiment (@santimentfeed) April 25, 2024 The Market Value to Realized Value (MVRV) ratio is a renowned metric utilized by cryptocurrency analysts to gauge the market condition of digital assets. This indicator compares the market cap, which reflects the current market valuation of an asset’s circulating supply, with the realized cap which represents the aggregate cost basis of the asset investors hold. “Santiment’s MVRV ratio model shows that over 85% of altcoins are currently in an opportunity zone based on their collective returns over 1-month, 3-month, and 6-month cycles,” notes the firm. This unique zone, delineated by the MVRV metric, highlights periods where the potential for price increases is enhanced, ostensibly due to the prevailing market undervaluation relative to historical data. Indications for Investors The analysis indicates that the bulk of altcoins are not just surviving but potentially thriving, setting the stage for what many in the crypto community would call an ‘altseason’. This period is characterized by a surge in altcoin prices, often outpacing Bitcoin and disrupting traditional market correlations. “It may be justified to buy while there is growing fear seeping in from the crowd after all of these market cap dips,” suggests Santiment. This sentiment is backed by their MVRV data, which hints at a robust comeback as investors begin recognizing the undervalued state of many assets. Strategic Investment Approaches For investors looking to capitalize on these insights, Santiment provides detailed analytics through their Sanbase PRO platform, which is accessible via a special trial offer. Moreover, enthusiasts and analysts can dive deeper into this data through tools and models provided by Santiment, such as their Sansheets plugin and API services. As the digital asset landscape matures, tools like the MVRV ratio offer valuable insights that help navigate its volatility. With over 85% of altcoins currently in the opportunity zone, the market seems ripe for a potential uptrend, beckoning both seasoned traders and curious investors. In summary, leveraging advanced analytical tools to understand market sentiments and asset valuations could not only demystify the complexities of crypto investments but also highlight timely opportunities for market entry. good luck
CRYPTOCAP:BTC.D
by mehdi_kb
1
Bitcoin dominance teasing a break above the purple channel.The fomo of people wanting to start piling into bitcoin is intensifying and we can see that here in the bitcoin dominance chart as price action is starting to poke its head above this purple channel we’ve been consolidating in for some time. For it to truly break out. Of this channel it’s gonna need to flip the tan trendline just above it to solid up port though. A rejection from that tan trendline could send bitcoin back inside the purple channel. Should it flip the tan trendline to support, you can see the dotted purple line that will lead us to the full measured move target. We can also see a dotted green measured move line from a different chart pattern to the left of that also having a price target that is close to the same range, which bolsters the probability of the purple target being reached with some nice bullish confluence. No confirmation of the breakout just yet but If we can get a full candle closing above the channel in its entirety that will likely be a bi sign that its ready to trigger. First things first is just getting part of a 1day candle body to close above the top trendline of the purple channel. SHould this confirm its breakout then we are likely to see bitcoin pump on its own while most of the alts only go sideways or have very little increase in price until bitcoin dominance has reached its full target. *not financial advice*
CRYPTOCAP:BTC.D
by DrDovetail
Dominance the system core- for me it has always been very complicate to explain BTC.D to peoples, because it's complicate ! lol - it's weird to understand the moves and many factors have to be compared together an alchemy have to happen to see something happening. - So basically to explain it, i will tell you what "we want to see" or "what we don't want to see" in the future. if the story repeats again. 1/ BTC.D have to grow up, then Altcoins will struggle down trying to find a potential bottom. - While BTC.D grow up, BTC price have to grow up also or at least stabilize ( this is a good sign ) 2 / if BTC price down and BTC.D up, it's bad, it's just the normal way ( No Divergence ) - When BTC price + BTC.D both up together, it's a kind of " inversed divergence ", it means something good gonna happens. ( get it ?) - Basically also if USDT/USDC Dom Grow and BTC price stabilize and not goes down anymore, it's a good sign. - Normality the normal way is : BTC up / USDT/USDC.D Down OR BTC Down / USDT/USDC.D up. - Before we had no reason to check those Stables coins because they had not much DOM in markets, but now have to count with them. - So While BTC.D is growing, altcoins will just make some weak moves. - When BTC will reach is next Dominance's ATH ( witch have to be lower than last years because more concurrence ) - BTC.D will crash and ALT SEASON will start. - it took me many years to understand that, but it's pure logic ( Fibonacci is working perfectly on it ) - again it's not easy to get it. - if you have any questions feel free to add a comment. Happy Tr4Ding !
CRYPTOCAP:BTC.D
by thecryer
21
Dollar, VIX, Gold & Silver are Spiking! What Could This IndicateTraders, In this video I'll cover the spikes we are witnessing in the dollar, fear, and precious metals (specifically gold). We'll discuss what this might indicate to us from a geo-political/macro-economic perspective. Inflation continues to tick up. The SEC continues to attack big players (tokens/coins) in the crypto space without providing rules for how to play fairly. We'll track the current progress on stocks pulling back. Bitcoin dominance had done something it has never done before. Meanwhile, Bitcoin continues to track sideways while altcoins continue their deeper pullback. Plus, I'll analyze Ethereum Classic and at the end of the video I have some news from my followers. P.S. - Minutes after producing the video, I read that Iran plans to attack Israel. The charts were telling us something. Is this it?
TVC:VIXShort
by stewdamus
BTC.D has NEVER Broken Above This Line! Ever.Traders, I know there's a first for everything but, as traders, we usually do our best work NOT guessing when that first will be. In this case, I have traced that descending purple TL back to sometime around November of 2016, which is nearly to the inception of dominance on this particular chart. In it's history, BTC.D has NEVER broken above our trend line with confirmation on the daily. You can observe a few wick ups but no body closes, let alone confirmation. Until we get a close above that TL with confirmation, I believe it's safe to conclude that we may see Bitcoin struggle a bit here vs. the Alts. Bitcoin needs to close above this trend line or larger cap alts, like Ethereum, will continue to outperform. Stew
CRYPTOCAP:BTC.DShort
by stewdamus
2
The King iz dead - long live the King!Hi mates! Im fine, thanks :) The spirits of the forests and the imperial stormtroopers clashed in a fierce battle and the light of their suffering and rage illuminated the direction where the Great Ancient was stealthy heading. I saw it and sketched it here to bring you the truth! BEHOOOOLD! Thy worshiperz of the Elderness will consider this heresy, but it is not!! - accept the true world without fear, but with understanding. And if this happens, press the rocket button ;)
CRYPTOCAP:BTC.DShort
by zikkuratt
Bitcoin is Still Bullish to 80k Before 48k RetestTraders, Just a quick note to keep you abreast on my still bullish Bitcoin bias. As you know, previously, I had thought that we might get a pullback to 48k before continuation to our inverse H&S target of 80k. But that was only if we could not close above our multi-year support/resistance from 2019. The bulls pushed right through that, a feat that is rarely accomplished! I don't know that I've ever witnessed a break straight through a TL that remains so significant. And now, with this weekly candle closing above the same resistance and forming a bullish hammer candle pattern, the probability increases that we will continue straight to our 80k price target before any sort of a pullback. The Bitcoin dominance chart (below), however, is rather bearish. Does this indicate weakness in our great leader? Not necessarily. In fact, I am of the persuasion that it actually indicates another huge altcoin bull run could be imminent. See, what could occur here soon is that alts take off and increase rapidly in price. BTC dominance dissipating could simply indicate to us that even though Bitcoin will continue to increase in price, altcoins will do it much more rapidly. The net effect of this race to the top with altcoins winning by a long shot would cause BTC dominance to drop. And this is my current view. If I am right here, the next few weeks in the altcoin space should be a ton of fun and huge profits are on their way. But set those stops accordingly. I could be wrong too. You know my bet. Best, Stew
INDEX:BTCUSDLong
by stewdamus
Cryptolean Bitcoin Dominance BTC.D Update In the weekly chart, Bitcoin Dominance is in the bullish territory, as long as weekly candles close above 53.27%. Below 53.27%, the key weekly support, Bitcoin will share the dominance with Altcoins and BTC.D will decline towards 51.37%. A bearish break-out of 51.37% and #Bitcoin Dominance keeping below this level will push BTC.D to 49% resulting in Altseason. Above 53.27%, the probability to move to 55.5% remains high and this move will put pressure on Satoshi price of Altcoins. Daily Chart After finding a support at 50-Day Moving Average and 53% level, the BTC.D daily chart is lingering around 53.5%. A bearish rejection of 53.5% will result in #BitcoinDominance moving to 52.24%, the key daily support. A bullish break-out of 53.5% will place Bitcoin Dominance into the slow momentum area and will increase a likelihood of re-test of 54.5%. Like once read. Thank you!
CRYPTOCAP:BTC.D
by Trade-Lean
Strengthening dominance!So guys, I'm doing an extra BTC Dominance idea. All just the way I like it, the power signs on the small timeframes led to power signs on the big timeframes! I have no doubt that BTC D are ending the Wyckoff accumulation, and this monthly candle in the narrow SOS range is meant to test the lower boundary around 46.8-46.5. The July candle should be green! A one-month cross from the Kijun-Sen and Tenkan-Sen will form! Why? Because an exit from the squeeze on the monthly chart has begun. We have the first gray cross on the 1M chart since 2020. While people are looking at the 1D, 4H chart the main event is happening on the 1M chart. It's like the inertia of an electric train. It's heavy and crushing. And above this SOS range we have a nice «thin neck» of a red Kumo cloud. If you've watched my charts before, you know that I always pay close attention to those «thin necks». These are places of likely breakdowns up or down. So, we have a charging cannon of a monthly cross of indicator lines in July 2023. We already have a gray cross on SQZMOM ( read LazyBear for more). What else? The Cluster Algorithm has crossed the 70 line! It may well go above 90. I think this process will definitely continue until mid-autumn. But since this is a serious time frame, I give the maximum growth of dominance up to halving. Until BTC halving, i think. I noted April 2024. The disappointment will be killer. Since the enchantment was naive. I know I have an unpopular opinion. You don't have to read it. Good luck. P.S. Remember! Dominance can grow on the fall of Bitcoin. And this will mean that altcoins fall x2 or x3 deeper.
CRYPTOCAP:BTC.DLong
by averkie_skila
23
Get Ready for ALTSEASON 2024🥳📈📉Hi Traders, Investors and Speculators of Charts📈 Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's mind... wen altseason ? Parabolic rallies often occur across the altcoin market after a steep increase on BTC and when BTC trades sideways and loses dominance (BTC.D). I'm not going to go into too much detail here, as I've already covered the rotation between BTC and Altcoins in another post here: I also called the start of a new bullish cycle here: And then went on to call a few alts early to watch for then coming bull cycle: ARE YOU PREPARED FOR ALTSEASON 2024? If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D COINBASE:BTCUSD BINANCE:BTCUSDT
CRYPTOCAP:BTC.DLong
by CryptoCheck-