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Btcdominance

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
weekly outlookHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It appears to be breaking upward through the 0.886 (56227.18) to 1 (61338.93) range, which was considered a resistance range. Accordingly, it has become important to be able to maintain the price above 1 (61338.93). The next target is around 1.618 (89050.0). The key is whether it will rise like this and touch, or whether it will create a pull back pattern and rise. To date, the maximum period for which the StochRSI indicator remained at the top of the overbought zone was two months. (1W chart) Looking at the 1W chart, the maximum resistance area is around 66401.82. Therefore, it is judged that the upward trend will continue only when it breaks above 66401.82. If it fails to break above 66401.82 and falls below 59035.55, it is likely to turn into a downtrend. However, there is a possibility that the downtrend will continue only if it falls further below 53256.64, so you should think about a response plan for the 53256.64-59035.55 range. If the downtrend that started like this is truly a downtrend, it is expected to fall below 44200-47600 and show resistance. Otherwise, if it receives support around 44200-47600 and rises, it is expected to create a pull back pattern and continue the upward trend. -------------------------------------------- (BTC.D 1M chart) In order to achieve a big bull market, BTC dominance must show a decline. Otherwise, if it becomes a bull market in which only BTC and ETH rise, or if BTC appears to be about to fall slightly, altcoins will see a large decline. Therefore, it is believed that BTC dominance must fall below 50 and be maintained to create a stable bull market. (USDT.D 1M chart) USDT dominance is expected to remain below 4.97 for the coin market to remain bullish. However, if it falls below 4.16 and then rises above 4.16 to around 4.97, the coin market as a whole is expected to see a large decline. At this time, you need to check whether BTC dominance has risen to the 55.01-62.47 range or higher, or is maintained around 50. This is because it is thought that if BTC rises in the 55.01-62.47 range or higher and is supported around 44200-47600 and rises, there is a high possibility that a major bull market will begin. If BTC dominance remains around 50 and then declines, the coin market will also see a large increase. Unlike previous BTC halvings, this time BTC and ETH are maintaining an upward trend alternately. Accordingly, it is believed that BTC dominance shows no direction and shows sideways movements. However, it is thought that it is unlikely that the bull market will continue while maintaining the current level of BTC dominance, so it is necessary to check the direction of BTC dominance. ---------------------------------------------- (BTCUSDT 1D chart) We talked about the mid- to long-term perspective with the 1M chart and 1W chart, but the immediate movement, that is, the short-term perspective, may be more important. The reason is that it rose near the new high (ATH). It is currently supported around 1 (61338.93) and is showing an upward trend. However, since StochRSI < StochRSI EMA, I think we need to hold the price above 63660.11 to break out of this situation. If it shows resistance around 63660.11, it will fall back to around 1 (61338.93). Therefore, from a short-term perspective, the key is which direction it deviates from the 1 (61338.93) to 63660.11 range and maintains it. If it breaks above 63660.11, it can be purchased through day trading and the target is around 66401.82. If it falls below 1 (61338.93), you should check for support around 59053.55. The next period of volatility will be around March 10 (March 9-11). Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Dominance to drop to 35% if it can't reclaim 58%Should Bitcoin Dominance fail to reclaim an old neckline at 57-58%, it will likely drop back down to its recent lows and continue down to make a new ATL just below 35% Presently, Bitcoin dominance may fail to get above 54.09% on the weekly chart, after losing its uptrend and getting stopped 3x. If instead it does get above it, it still has to reclaim the neckline of a double-top that occurred the last time it tapped ~73.6%, and it appears to be facing resistance to that already, several percentage points below that level. It also has never hit an old rising wedge's TP 2, which happens to line up with a 2x measured move down from the aforementioned double-top. This idea is contrary to another post I've made that sees Bitcoin Dominance as long-term bullish, and headed back towards 100%, which I've linked to below and in the related ideas section as well:
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
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
Others Dominance v Bitcoin dominance --- may not give a new ATH ... for the cycle Bitcoin could be so strong That even though the others index ( aka shitcoins ) still do well from here. Maybe they don't make a new high for this ratio. As this chart shows -- last cycle all the coins outside the top 10 peaked at 1 : 2 bitcoin.d essentially the others.d was around 20% of the entire total market bitcoin was around 40% Eth was around 22% (stables and the remainder of the top 10. made up the rest) These targets are definitely worth keeping an eye on!
CRYPTOCAP:OTHERS.DLong
by BallaJi
3
Bitcoin Dominance: A Key Indicator for Altcoin SeasonIn the intricate world of cryptocurrency, where trends shift rapidly and market dynamics are ever-evolving, Bitcoin dominance stands as a critical metric, offering insights into the broader sentiment and capital flow within the digital asset space. Recently, the narrative surrounding Bitcoin's dominance has taken a noteworthy turn, stirring discussions about potential shifts in market behavior and the rise of alternative cryptocurrencies, or altcoins. Since September 2022, Bitcoin dominance has been on a journey, reflecting both the resilience of the pioneer cryptocurrency and the growing interest in alternative digital assets. However, recent developments have caught the attention of traders and analysts alike, as Bitcoin dominance breaks free from its bullish channel, signaling potential changes on the horizon. The significance of Bitcoin dominance extends beyond mere numerical value; it serves as a barometer for investor sentiment and market trends. When Bitcoin dominance decreases, it often indicates a redistribution of capital within the cryptocurrency market, with funds flowing towards altcoins. This phenomenon, often referred to as "altcoin season," is characterized by heightened activity and enthusiasm surrounding alternative cryptocurrencies. As Bitcoin dominance breaks away from its bullish channel, traders are closely monitoring key support and resistance levels, seeking clues about the market's direction. Currently, the market is retesting old major support levels, forming a distinct range that could offer valuable insights into future price movements. At present, the focus lies on testing the upper boundary of this range to gauge potential resistance. Should the market experience a rejection near the red old support zone, it could serve as an additional signal of Bitcoin's waning dominance and the increasing appeal of altcoins to investors. The implications of these developments are significant, as they could herald a shift in market dynamics and trading strategies. Traders and investors are keenly observing the charts, recognizing the potential for a turning point in the market's trajectory. While Bitcoin remains the undisputed leader of the cryptocurrency space, its dominance is not static, and fluctuations in this metric can offer valuable insights into evolving market trends. The current scenario underscores the growing diversity within the cryptocurrency landscape, with altcoins emerging as formidable contenders for investor attention and capital allocation. As Bitcoin dominance continues to navigate uncharted territory, the cryptocurrency community remains vigilant, analyzing market data and chart patterns to decipher the next phase of this ongoing narrative. Whether the current trend signals a definitive shift towards altcoins or merely a temporary fluctuation remains to be seen, but one thing is certain: the era of digital assets is characterized by constant evolution and adaptation, and understanding Bitcoin dominance is paramount in navigating this ever-changing landscape.
CRYPTOCAP:BTC.D
by UnknownUnicorn2319099
Two Ideal Scenarios for AltsThe weekly uptrend was lost, it is showing some signs of exhaustion, and may correct soon in a way that could be beneficial to alts. Scenario # 1 - Bitcoin Dom gets stopped for the 3rd time at 54.1%, and moves down to make a final / higher low above 48.7 (still a lower low from its recent weekly low). Then it turns up hard to break through 54.1 on its 4th attempt after showing strength above 48.7-50%. - this situation means a more immediate run for alts, but it won't last nearly as long and btc will quickly dominate again. Scenario # 2 - we see a temporary break above 54.1 that goes near the center of weekly resistance and the bottom of the white diagonal trendline drawn on the chart. It gets rejected here and then follows the same path as Scenario 1 from there. - alts would have to wait a bit longer to get a slightly longer and stronger run vs. btc before it dominates again. Note that it is also possible that dominance turning down just means a correction for the market, instead.
CRYPTOCAP:BTC.D
by dudebruhwhoa
3
Bitcoin Dominance BTC.D in Englisdh and French Bitcoin Dominance chart ( BTC.D) It exaplains itself really but the ALT Season, where ETH based and other "ALT Coins" run better than Bitcoin, has historicaly run AFTER the Halving and is shown on the chart as GREEN areas. These are the 2 main ALT SEASONS we have seen. After Halving, The Bitcoin PA ( price ) tends to flatten out ( on average) for a whioe..this allows the ALTS to push higher but after a while, the BTC Price beginsd to accelerate. It will be very interesting to see if this happens again this cycle. Graphique de domination Bitcoin ( BTC.D) Cela s'explique vraiment, mais la saison ALT, où les pièces basées sur l'ETH et d'autres « pièces ALT » fonctionnent mieux que Bitcoin, s'est historiquement déroulée APRÈS la réduction de moitié et est affichée sur le graphique sous forme de zones VERTES. Ce sont les 2 principales SAISONS ALT que nous avons vues. Après la réduction de moitié, le Bitcoin PA (prix) a tendance à s'aplatir (en moyenne) pendant un certain temps... cela permet à l'ALTS de pousser plus haut, mais après un certain temps, le prix BTC commence à accélérer. Il sera très intéressant de voir si cela se reproduit ce cycle.
CRYPTOCAP:BTC.D
by Orriginal
BTC.D : ALT SEASON = Dominance Hi Guys , Bitcoin dominance chart shows that it has been in an ascending channel for a long time and after hitting the ceiling of the channel, it is now ready to fall with the change of structure. We can expect a good altcoin season. SecondChanceCrypto ⏰ 19/FEB /24 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
CRYPTOCAP:BTC.DShort
by Secondchancecrypto
1
USDT.DTeather dominance is used as gauge to inverse the prices of CRYPTOCAP:BTC & #altcoins. When CRYPTOCAP:USDT.D drops it is bullish for the entire crypto space and when it pumps it is bearish. Right now the downtrend is breaking below a channel that I have marked off since 2018. That means this channel has been in play 6 years. Right now the candles are breaking below the bottom TL in what I have labeled a 5 wave bearish declining sequence. The significance of this is move is important. The bottom TL has been the top of all bull markets since 2018 and we are currently breaking below that level with no real support in sight until 4% then 2%. This means that the bears have officially lost. It's game over now. Bull market is here and it looks big since this channel has been bear market support since 2018. BigMike loves you all let the party begin.
CRYPTOCAP:USDT.D
by Big_Mike716
4
BTC.D 1DIntervalHello everyone, I invite you to check the situation of BTC's capital domination over the rest of the market. We will start by identifying the downtrend channel where we can see that the chart is moving. Looking at the current growth, it is worth spreading the trend based fib extension grid, thanks to which we can determine significant resistance at the level of 53%, and further significant resistance at the level of 54.47%. It is worth looking at the EMA Cross 10 and 30 indicator here, because you can see on the chart how the red line 10 is approaching the intersection of the green line 30 from below, which may give an impulse for another increase and taking capital from the market. Looking the other way, we can designate supports in a similar way. And here you can see how strong support at the level of 51% maintained the decline, but it is still worth keeping in mind the level of 50.19%. When we look at the RSI indicator, we will see that we are staying below the downward trend line, with some room left. However, the STOCH indicator remains above the upper limit, which should lead to a change in the trend and the transfer of capital to the rest of the market.
CRYPTOCAP:BTC.D
by cryptodailyuk
BTC.D WILL NEVER REACH 58% EVER AGAIN AND/OR HOLD IT.The statement is made to stablish what I believe is obvious, but considering what I've been learning from all on CT, this is my opinion of course, not financial advice. BTC market share around 10T Total Market Cap would reach maybe 3.3 on present cycle, where ETH may reach 1.1 with SOL.D above it by small % maybe reaching 14% on a very tiny window. All behaviour of Altcoins Dominance regardas past cycles is suggestion the market share is going to expand (logic) and the race would be to hold above 10% and for BTC to hold AND sustain, above 25%. I Believe BTC will touch the base of the Fib Channel, around 14% meanwhile the window closes and the market shuffle is over. Happy Harvest.
CRYPTOCAP:BTC.D
by TheMatterMaker
USDT : Breaking away from the downtrend by increasing the gapHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (1D chart) It appears that the gap decline that started on January 19th has stopped and a larger gap rise has occurred. Due to this gap increase, the reported price (ATH) was renewed again. ------------------------------------- (USDC chart) It is still on the rise. The key is whether USDC can continue its gap upward trend above 26.525B. I believe that the gap between USDT and USDC shows the inflow and outflow of funds into the coin market. Therefore, the gap rise can be interpreted as funds flowing into the coin market. Since the movements of USDT or USDC through transactions are expressed as candles, I think the occurrence of gaps should be distinguished. --------------------------------------- (BTC.D chart) You need to check in which direction it deviates from the 51.17-51.98 section. ---------------------------------------- (USDT.D chart) (1D chart) USDT dominance is entering a period of volatility from January 22-27. Accordingly, after the volatility period has passed, you need to check which direction it deviates based on the 5.89-6.39 range. When a gap rises in USDT, a gap rise in USDT dominance also occurs. Accordingly, USDT or USDT dominance is likely to show an upward trend. However, USDT dominance can be seen decreasing through trading. A decline in USDT dominance means that buying power has increased through many transactions in the USDT market. Therefore, if USDT dominance falls, the coin market is likely to show an upward trend. Even though USDT is renewing its new high (ATH), USDT dominance overall is showing a downward trend. In order for this downward trend to turn into an upward trend, it is expected that it will have to rise above 7.14. The most important question is whether the coin market becomes more active and more transactions occur, leading to a continued downward trend in USDT dominance. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
CRYPTOCAP:USDT
by readCrypto
2
Comprehensive analysis : short-term decline in fundsHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (1D chart) The most recent decline was on August 8, 2023. Before that, a precursor to a downward trend occurred starting on June 18th. Currently, the gap has begun to decline since January 19th and has fallen below the HA-High indicator. If the gap decreases due to this movement and falls below the MS-Signal indicator, it is expected to record a downward trend for a while. (1M charts) However, this decline is likely to be a short-term adjustment of about a month, such as in August 2023. In order to record the downward trend that started in May 2022, large gap declines must occur in succession, so we still need to monitor the situation. Therefore, I don't think there is any need to have much fear just yet. --------------------------------------- (USDC chart) While USDT has begun to gap down, USDC continues to gap up. If the gap continues to rise above 26.525B, it is expected that USDC will likely continue its upward trend. I believe that this gap increase is evidence that funds are flowing into the coin market. Therefore, it is expected that a new market will begin to change hands. This is because USDC is viewed as a leading funding channel for American investment institutions and investors. ------------------------------------- (BTCUSDT chart) (1W chart) The main question from this week will be whether there is support or resistance near the HA-High indicator on the 1W chart. The HA-High indicator on the 1W chart was created at 42141.24. Therefore, if the price is maintained above the 42141.24-43823.59 range, you can be considered to be at the starting line of the major upward trend. Therefore, it corresponds to a major bull market, that is, a buying period for a full-fledged uptrend. It is the movement of altcoins that allows us to piecemeal know whether these movements are correct. All you have to do is check whether the altcoins show signs of rising in unison when they rise above the 42141.24-43823.59 range. (BTC.D chart) As mentioned in the USDT explanation above, this decline is expected to last about a month in the short term, so we need to check whether the BTC dominance rises by more than 61% or falls below 50%. In order for a major bull market to begin, it is expected that BTC dominance must rise by more than 61% and then begin to decline. This is because it is expected that an altcoin bull market will begin when BTC dominance falls below 50%. Therefore, if the BTC price maintains the price above the 42141.24-43823.59 range and the BTC dominance rises by more than 61% and then begins to fall, the coin market is expected to begin a major bull market. A major bull market refers to a bull market in which most coins (tokens) are likely to renew their all-time highs (ATH). An altcoin bull market refers to a bull market in which you can make a profit no matter which altcoin you buy. -------------------------------------- It is said that price and volume are important when trading in the stock market, and in fact they are important. However, trading volume in the coin market has less meaning than in the stock market. This is because trading volume is spread across multiple exchanges. Therefore, I believe that transaction volume in the coin market should be judged by the flow of funds. Therefore, I believe that the gap between USDT and USDC has important implications. Changes in USDT or USDC due to transactions are expressed as candles. Therefore, the inflow and outflow of funds is expressed as the occurrence of a gap. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
5