Get started

Btcd

📈 Bitcoin Dominance Most Bullish Since Jan. 2018Bitcoin Dominance is about to go through the roof. The weekly RSI is at its highest level since September 2019. The setup we are seeing now is something we haven't seen since early 2018. We are also about to experience the "mirror image" of the phase that took place in Q1-Q2 2022. Mirror image as in reverse. We should see massive growth across the Cryptocurrency market. New people coming in, new money, new developments, new excitement... Growth and progress will flow from Bitcoin to the Altcoins and then back and forth. The worst is already in the past, 2022... We are set to experience years of growth. Namaste.
CRYPTOCAP:BTC.DLong
by AlanSantana
12
When I see this, I can't think of an alt-season.Look at the size of the reversal pattern that has formed. It looks like a year and a half long sloping channel. I put a 3D Renko to remove all noise, and left only VFI LF. That's the way it is. Regular bullish divergence and very persistent. I believe there can be no real (as we like 3-6 months, not these "2-3 day alt-seasons") alts pumps in 2023, because imagine how long it would take to work your way out of that pattern? It's shaping up to be an assault for 51% and then on to somewhere around 60%... Well you know, every now and then bitcoin stomps all the coins so that it leaves them wet. It's been too long since that happened. There was just a boring drop, but no real massacre. Now it's coming. P.S. I know there's plenty of bullish sentiment. Guys, don't forget that a fall requires just as long a consolidation at the bottom before a rise. So far we have a fall and no consolidation (weekly chart i mean).
CRYPTOCAP:BTC.DLong
by averkie_skila
10
BTC dominance ready for testing 44.40 %hello dear traders this is advanced price action of bitcoin dominance Where Will Quasimodo Generally Appear? Quasimodo pattern appears at all time frames. It occurs always after a significant rally. Then the market is manipulated to create liquidity. Where the retail traders are captured, the profitable trading opportunity is created there. Quasimodo is very reliable if used properly and can be seen on every timeframe from daily down to 1 min charts. What Should Be Remember To Trade QM Efficiently? Always look for fresh Quasimodo Demand/Supply zones, which are not tested yet. Make sure the distance between QML and MPL is not too high. If the distance is so high, risk will be increased and the Risk Reward Ratio will be poor. So, when the zone is small, the risk is also small and the expected reward is big. Never ignore level over level. QM is more powerful when an authentic opposite zone is engulfed. You can enhance your day trading strategies using this price action pattern. good luck
CRYPTOCAP:BTC.DShort
by mehdi_kb
This Time is Not Like the OthersPrevious tops for Bitcoin Dominance in this range have behaved similarly, as has RSI. Each time we topped out, RSI moved higher and higher and then dropped hard. This time RSI has formed a falling wedge, and it looks indecisive. It could be seen as a bearish divergence, as RSI moves down while price moves up or sideways. However, as RSI has already fallen significantly lower, it has room to spike upward along with price. I think the likely scenario here, is a move up to 50-54% and then a strong move down. It could make a move down before doing so, but not back to the lower range.
CRYPTOCAP:BTC.D
by dudebruhwhoa
5
Altcoin Strength Indicates Dominance Will Drop!Traders, As outlined in this mornings video, altcoins remain relatively strong as compared to Bitcoin. This is a bullish indicator that alts may be gearing up for a bit of a run in the next few weeks/months. Another chart to keep a close eye on, of course, is our BTC.D (Bitcoin Dominance) chart which is currently showing a bearish Head and Shoulders pattern. Have this chart on your list for future observation. It is fair to become more aggressive alts once that neckline breaks. Best, Stew
CRYPTOCAP:BTC.DShort
by stewdamus
3
No Breakout Yet, No Massive Drop EitherBitcoin Dominance looks like it wants to head down to 45-46%. Why? - We're moving up within a parallel channel on the weekly chart here, good chance we'll see the bottom of it again. - Our highest weekly high did close above the previous one, but with no wick and not as high as our highest wick. Hard to call that a strong breakout - Volume isn't here yet to bring it higher & MACD looks like it wants to turn down, while AO may cross soon as well Conclusion: - No altseason yet (a mini-recovery could occur though, but they could just as well drain more if BTC drops significantly with another dominance drop) - No dominating bitcoin move yet
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
2
📈 Bitcoin Dominance Clearly Set To Move Above 53% to 58%At times, charts can be quite difficult to read yet at other times, the end-message can be quite clear. Bitcoin Dominance (BTC.D) is giving out a clear message and that is up. Mid-March, BTCD moves above EMA100 weekly on a major green candle. The action that ensues is what makes the message clear. For the next month and a half, 6 sessions/candles, BTCD consolidates by going sideways... 100% sideways. After 6 weeks of consolidation, the index is now moving up. This is supported by a very strong RSI. Volume is low, which means that the real, strong action is yet to come. On a bearish bias/potential, we would see a test and retest of EMA10 and EMA100 as support, instead, bullish consolidation then up. We can expect additional growth with the next target being MA200 at 53.53%, followed by EMA300 at 57.99%. Mirror image from the March/May 2021 drop. First we go down... Then we go up! Namaste.
CRYPTOCAP:BTC.DLong
by AlanSantana
8
Mini Altseason2023 has started)). Hi dear community and my loyal followers. Are you waiting for your altcoins to burst and explode? Do you want to know when mini altseason2023 starts? Let me update some ideas. As you see BTCD reached to the key weekly resistance zone 48.5-49% and rejected strongly with potential weekly shooting start or bearish pinbar. At the same time daily BTCD broke down rising wedge with bearish divergence and more likely will retest 44-45K support zone giving room altcoins to explode after long term accumulation phase. At the same time Total 2 broke weekly descending triangle, retested it successfully, and broke also main diagonal and horizontal resistance. Weekly candle close above 620 billion is super bullish for altcoins with target 1 and target 2 mentioned on the charts. But Target 2 will be reached only if price clears target 1 and holds it as a support. If you like my ideas and analyses, don't forget to like and follow. I will appreciate a lot.
CRYPTOCAP:BTC.DLong
by ergal91
🔥 Bitcoin Dominance Falling: Alt-Season Finally Starting?In my most recent analysis on BTC.D I wrote that we were at an important resistance area. We would either blast through the resistance, and continue the Bitcoin-only bullish move, or we'd see a reversal where alts would start to outperform Bitcoin by a large margin. As seen on the chart, BTC.D has seen a reversal from the top resistance area. This has given alts, especially ETH, more room to grow. I'm not entirely sure whether we're going all the way back down towards the bottom support, but at least we can get a couple of weeks with better alt returns? For now, I'm assuming that the decline in Bitcoin dominance is temporary, so let's enjoy the alts while it lasts.
CRYPTOCAP:BTC.DLong
by FieryTrading
8
BTC Dominance, Get ready for Altcoin party 🥳🎉. BTC.DHello guys, Consider Bitcoin market cap to help identify market movement and the Altcoin season. To altcoin party we need money flow from bitcoin to other coins which we can see this on the chart now. So we have to wait for it to break 47% and complate the reversal pattern, and on the condition that the price of Bitcoin does not fall too much and stuck in trading range. Good luck. If its useful please like it as a support and follow me for next analysis :) . Salam doostan aziz, chart arzesh bazar bitcoin hast ke be zire moghavemat khod reside. in chart ro baraye tashkhise harkat bazar va alt season dar nazar begirid. baraye altcoin party ma niyaz darim ke pool az bitcoin be coin haaye diger montaghel shavad ke hala in ro daram rooye chart mibinim, pas bayad sabr konim baraye shekaste shodan 47% va kamel shodan olgo bargashti, va hamchenin be sharte inke gheymat bitcoin ham rizeshe ziyaadi nadashte bashad va renj shavad. moafagh bashid. like va follow faramoosh nashe :)
CRYPTOCAP:BTC.DShort
by ArashBanakar
5
Altseason 2023 is going to start in coming days. Be ready. Hi dear community and my lovely followers. I will be in short. I want you to inform that be ready for Altseason 2023 which is going to start in coming days. It will be wild. As you see Total 2 on weekly log chart has broken the main diagonal resistance/ weekly falling wedge/ and it is going to break pink zone which is one of the strongest horizontal resistance. As soon as it will be flipped, All altcoins will explode in a crazy way making x5-x10. Bellow you can see also Total 2 weekly regular chart, where Descending triangle was broken and retested successfully. The only thing we need is "flip the main horizontal resistance and the party will start. Also pay attention to Weekly RSI which has also broken the main diagonal resistance with retest and it is above 50 level, so huge momentum is coming to altcoins market))) BTW BTCD hit 48% main resistance which is again sign that it will be rejected because of altcoins hard pump. Pay attention to updates bellow this analysis I'm going to post other charts as well. Don't forget to like, comment and follow please. I'll appreciate your support.
CRYPTOCAP:TOTAL2Long
by ergal91
1
BTC.D 49% tagged precisely! ...and now we dropTraders, As stated numerous times previously, I have virtually zero expectations that Bitcoin dominance will exceed anything past 49%. Today we tagged that threshold exactly and now I expect a drop. In accordance with the dominance fall-off, I am expecting Bitcoin to retest the neckline of it's Cup and Handle pattern at HKEX:25 ,200. Though, I seem fairly certain regarding Bitcoin's pullback (and I am), I am less certain about what the altcoin space will do. For this reason, I am currently all in stable until alt direction can be more accurately determined. Stay tuned. If I get the right mix of signals, I will be entering quite a few trades to catch any move up. We are currently on a 16 in a row win streak long. I hope to extend this streak soon. Best, Stew
CRYPTOCAP:BTC.DShort
by stewdamus
2