Btcdominance
BTC.D Update (1D)This analysis is an update of the analysis you see in the "Related publications" section
Based on the previous analysis, we anticipated an upward movement in Bitcoin dominance.
Now, considering recent candlestick patterns, the movement path can be identified more clearly.
Soon, there may be a slight recovery in altcoins, but Bitcoin dominance could rise again to the 59 level before the expected altcoin season begins.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
alt season is loading !as i made an analysis on #btc.d the market hit a great supply which made it down so the liq in the market will approach to alt coins now we can see it clearly the liq movements !
my last analysis on this chart 👇👇👇
BTC dominance update
The pullback i expected from the market finally happened & caused a massive sell off in the market
The momentum of this move is so strong that i can say that it may even go to higher levels after allowing some recovery in altcoins
So don't forget risk management in open positions
Possibility of sideways until the next volatility period
(Title) The key is whether sideways can occur until the next volatility period
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(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
(USDT.D 1D chart)
The point to watch for USDT and USDC is whether they can maintain their upward trend.
BTC dominance failed to fall below 55.01 and is showing signs of touching the MS-Signal indicator.
The key is whether it can meet resistance near the MS-Signal indicator and fall.
The key is whether USDT dominance can meet resistance near the 3.92-4.31 range and fall.
I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and remain there or continue to fall.
For the coin market itself to maintain an upward trend, I think that USDT dominance needs to remain below 4.97 or continue to fall.
Therefore, we need to check whether the content I mentioned above is maintained or whether it satisfies the content for BTC.
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(BTCUSDT 1D chart)
As I mentioned yesterday, there has been a movement in BTC dominance and USDT dominance.
However, I think that for the trend to change, it depends on how BTC moves around 95904.28-98892.0.
That is, if the price is maintained around 95904.28-98892.0 until around December 27, I think it is highly likely that the StochRSI indicator will be reset and the upward trend will continue.
Otherwise, if it falls below the M-Signal indicator on the 1D chart, that is, below the MS-Signal indicator, and shows resistance, it is likely to touch the M-Signal indicator on the 1W chart.
This movement can be seen as a pull back due to profit taking to relieve fatigue from the upward trend that has continued so far.
I think this can be seen as profit taking for the upward trend that started in 2023.
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Due to this decline, the BW(100) indicator is showing signs of being created at the 101109.59 point and the HA-High indicator at the 97821.58 point.
Accordingly, we can see that the high point section has risen.
Therefore, if the HA-High indicator is generated at the 97821.58 point, the key is whether it can be supported and rise around this area.
In any case, what we need to look at importantly is whether it can be supported and rise around the M-Signal and MS-Signal indicators on the 1D chart.
The key is whether it can be maintained until the next volatility period, around December 27th.
To do so, I think funds should flow out of altcoins and the price of BTC should be defended.
I think it is currently showing that pattern, but I will have to wait and see a little longer.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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ETH All Time High is NOT YET IN A fractal, a Fibonacci pattern, and Crypto logic tells me that the Ethereum all time high is still coming.
This could take some time - but the month of December seems likely as this is a period of euphoria around the world, and BTC is notoriously bullish over Decembers. Ultimately, it all depend son how long BTC can hold and trade range - This is when altcoins continue to rally.
What we need to monitor closely now, is the BTC market cap (to watch the liquidity) and the Bitcoin Dominance Chart. A hard drop in BTC.D signifies the "beginning of the end" for the BTC bull cycle, but also the last impulse of Altseason.
More on that HERE:
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BINANCE:BTCUSDT BINANCE:ETHUSDT
The point of interest is whether BTC.D can fall below 55.01
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(BTC.D 1D chart)
If it falls below 55.01 this time and fails to maintain, it is possible that it will touch the MS-Signal indicator.
Since the BTC dominance is rising, it means that funds are concentrated toward BTC, so altcoins are likely to move sideways or show a downward trend.
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(USDT.D 1D chart)
As USDT dominance falls below 4.97, it can be seen that the coin market has started an upward trend.
Therefore, in this upward trend, USDT dominance is expected to fall to around 2.84.
We can see that support and resistance points are concentrated in the 3.92-4.31 range of USDT dominance.
Therefore, the point of observation is whether it can meet resistance in this range and continue the downward trend.
If USDT dominance touches around 2.84 and rises or rises above 4.97, the coin market is expected to show a sharp decline.
If it rises above 4.97, the coin market is likely to be in a downward trend.
If it touches around 2.84 and rises, I think the coin market is likely to show a movement to form a high range.
Therefore, it is expected to form a high point while shaking up and down and start a downtrend.
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1W chart will be updated after a new candle is created.
(BTCUSDT 1D chart)
The key is whether it can receive support and rise near the important support and resistance area of 95904.28-98892.0.
If it falls below the important support and resistance area, it is likely to touch the M-Signal indicator on the 1W chart.
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If the price maintains near the 95904.28-98892.0 area during the period for the StochRSI indicator to reset, it is expected to start an uptrend to rise above the Fibonacci ratio of 2.24 (116940.43).
Accordingly, the point of interest is whether the price can be maintained around the 95904.28-98892.0 range until the next volatility period, around December 27th.
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The HA-Low indicator on the 1D chart is formed at the 56204.13 point.
If the HA-Low indicator on the 1D chart is generated when the decline proceeds below the 95904.28-98892.0 range this time, I think the key point will be whether there is support around that area.
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Whether ETH can renew the ATH when moving sideways until the next volatility period of BTC is also a point of interest.
-
Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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BTCD looks like to bounce more#btcd #bitcoin dominance will likely bounce again in short term, the chart says.
It's the king's turn, and it wants market cap dominance. Bitcoin is poised to regain market capitalization dominance. This usually means that (the majority of) altcoins will initially start losing in their sats value.
It is now a well-known phenomenon that venture capital will first pour into Bitcoin. Once people start skimming their profits, it often flows to the other top 10 coins, then the midcap coins and finally the low caps after this. That is, until the cycle is complete again and people move their capital from the low caps back to Bitcoin or eventually to fiat.
I have unfolded the Tom DeMark Sequential on this, and it flashes a 9 and even a 13, which usually means there will be a course change.
Harmony (ONE)📊 Comprehensive Analysis of Harmony (ONE)
🔍 Overview: Harmony, after experiencing significant trading volume, successfully broke out of its descending channel. The breakout of the weekly resistance zone (yellow area) in the weekly timeframe opens new opportunities for upward movement.
🕰 Technical Analysis:
Current Situation: The price, having surpassed the weekly resistance, is poised to target Fibonacci levels of 1.618 and 2.618.
RSI Analysis:
RSI is encountering a critical resistance level that could temporarily halt the upward momentum.
A breakout above this resistance could push RSI into the Over-Extended zone, which may trigger a sharp price surge.
🎯 Recommendations and Entry Points:
Layered Entry Strategy:
First Entry: At the current price zone.
Second Entry: After a correction and pullback to the yellow zone (previously broken resistance).
📌 Key Considerations:
Risk Management: Proper capital management and risk allocation are crucial.
Market Volatility: Sudden market reactions can lead to unexpected losses. Failing to adhere to effective risk management could result in significant setbacks.
AltSeason is approaching.This analysis is an update of the analysis you see in the "Related publications" section
A sharp drop occurred after hitting the red box, indicating a post-pattern movement.
A structural change has occurred in higher timeframes, and the trendline has been lost. We do not expect a higher high (H) from Bitcoin dominance.
With a pullback to higher areas, it could experience more drops, considering that Bitcoin has been solidifying around important supply zones. With the decline in Bitcoin dominance, we expect a good altseason in crypto.
The timeframe is 3 days, and this altseason could last for several months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Alt Season is Right Around the CornerBitcoin dominance has been growing in the past few days as it outperforms the rest of the cryptocurrency market after the sharp drop last week. Many things are pointing towards Bitcoin continuing to outperform in the short term as we gear up for the next parabolic bull market.
However, alt season is very close and, once BTC confirms it's breakout towards 100k, a lot of the large caps like Ethereum and Solana will begin to go up very quickly. This is based on my cyclical analysis of alt seasons. To get a better idea of the cyclicality of cryptocurrency, Bitcoin, and alt seasons, check out my previous post which predicts the next parabolic rise in November:
An important thing to note when referring to alt seasons is that they don't last long (only a few months). So understand your timeframe when investing over the coming weeks. Another important idea is how money tends to flow during this period. It historically starts with Bitcoin breaking its all time high and beginning to rise. During this time, altcoins tend to underperform. But once BTC consolidates and begins to go sideways, that's when the rest of the market has time to catch up. In the chart I show 4 key points:
Bitcoin
This is when BTC makes a significant breakout whether that's from a significant resistance level or its ATH. This is where BTC is outperforming 99% of the market.
Ethereum & Large Caps
BTC will begin to slow down and a lot of the major altcoins will see a big increase. This is where you can find great trade setups on the BTC pairs like ETHBTC, SOLBTC, etc.
BTC Consolidates
BTC will start to go sideways, cooling off and preparing for its next rise. From here you might see some pumps in mid-low caps. These tend to be volatile and hard to predict.
Small caps - Quick and fast
As BTC continues to go sideways, some small caps might experience quick pumps in price. Similarly, these tend to be even more volatile and hard to predict.
After this, the pattern repeats back up to Bitcoin until we reach a peak and begin a new bear market.
The cryptocurrency bull market is brewing up and alt season can offer some incredibly profitable opportunities. Plan ahead, and don't overtrade.
BTC | BITCOIN ATH | ALTSEASON A comprehensive analysis today on my take regarding Bitcoin , BTC All time High, and for how long we can still expect to see altseason.
When I say altseason, what I am referring to is hard pumps and large increases, scattered across the altcoin market.
In the previous BTC update, I considered an ATH between 99k and 105k. More on that here :
Today's main "concern" is really whether or not the alt-rallies are finished - and I say, not yet .
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BINANCE:BTCUSD CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
Bitcoin will complete the Elliott?Hello people i hope you doing well.
This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading.
Here we have btc chart with some magic waves! Im always analyse technically first.
In 1month timeframe we can have a nice Elliott Pattern waves.
We had wave 1 and 2 done before and as picture we are on the middle of wave 3!
This is just an imaginary and forecast
But it works sometimes you should forecast the people's next move! Specially the big ones like Whales and miners.
The targets are near than the Supporting areas haha.the 125k is not much for 85% of wave3.and the end of wave we can have 150k btc.
Wave 4 can give btc some rest and correction wave!
And we can have 83k as the biggest Liquidity support and the best area to get the money and get the people who lost the last train of pump!In this upping channel(wave3) the lowest price is 73k!
So be aware and quite fast if your money lost:))
And the volume can tell you there is nothing happened to Btc and the Crypto market and its still baby!i bet this wave can make you reach if it happens:)
Always remember to have plan!dont enter the market with 100% money and please have stop loss and have plan to quit and dont be greedy!!
Good luck
BTC dominance 2024-2025(prodolzhenie prognoza po dominacii bitkoina 2023-2024)
Proshlyj prognoz otrabotal prakticheski ideal'no, nemnogo promazal po vremeni (uskorilsya), nemnogo oshibsya s metodikoj raschyota dominacii (uchyol al'tkoiny - podrobno v obnovleniyah na proshlom prognoze po dominacii). Odnako v celom prognoz pravil'nyj!
Nakaplivat' bitkoin bylo bolee pravil'nym resheniem nezheli otkupat' al'tkoiny.
Podavlyayushchee bol'shinstvo al'tkoinov obnovilo svoi minimumy k bitkoinu.
Teper' prishla pora razvorota. Tyazhelo sprognozirovat' tochku razvorota (kak eto bylo s proshlym prognozom) kak po vremeni tak i po urovnyu, odnako ya sklonyayus' k variantu chto eto proizojdyot ot 55-65% vo vremennom promezhutke konca2024 achala2025 goda. I ustremitsya v blok 35-45% k koncu 2025 goda.
!!! Etot prognoz bolee kak prodolzhenie v popytke najti mesto razvorota, a ne kak samostoyatel'nyj predydushchij prognoz. Ya by ne stavil mnogoe na nego, odnako tendenciya dolzhna byt' yasna - gryadyot al'tsezon.
BTC DOMBTC DOM
i gotta post this. did this months ago and its just unfolding all over again lol
the trend pivot seems kinda clear, coming up fast. hold strong, then flip at pivot.
less go
The Rising Trend in Bitcoin Dominance Has Been Broken!On the weekly chart, Bitcoin dominance has fallen below a critical support level for the first time in 693 days. Could this give altcoins some breathing room?
The answer is short: yes.
The negative divergence present in the dominance RSI has played out. Additionally, RSI has dropped below the 50-point mark on the weekly chart, which is significant for the continuation of the downtrend. When we analyze ADX DI, we see signals that support the downward trend in dominance. Furthermore, BTC.D has broken the ascending trendline (marked in red), which had persisted for 98 weeks.
As a bonus, our AlphaTrend indicator's ascending trend support is at the 58.50% level. If BTC.D closes below this level, AlphaTrend is set to generate a sell signal for the first time in approximately 123 weeks. The weakening of dominance has already started reflecting positively on altcoins. However, there’s no need to get overly excited yet; we must continue making data-driven decisions.
A decline in dominance alone does not guarantee an altcoin rally. However, the potential end of Bitcoin's market hegemony is a highly positive signal for altcoin investors.
Thank you for reading!
Bitcoin Dominance and Altcoin PerformanceAs anticipated in our previous analysis, Bitcoin dominance has encountered resistance at around 61%, subsequently declining to its current level of 55.6%, where it is now testing a significant support zone.
At this juncture, we may observe a potential bounce at the current support level. However, should the downward trend in dominance persist, the next critical support level to monitor is approximately 51%.
While we are witnessing substantial gains in altcoins, attributed to the recent decline in Bitcoin dominance, it is important to note that we are still in the early stages of this market shift. Current indicators suggest that a full-fledged altseason has yet to materialize, although we are moving in a positive direction.
In summary, the key support levels to watch are as follows:
55.6% (current level)
51%
The 2022 lows at 39%
We will continue to provide updates and further analysis as the market situation evolves.
BTC Dominance Update (1D)This analysis is an update of the analysis you see in the "Related publications" section
The previous support level analysis has underperformed. It appears that Bitcoin's dominance may drop to a lower support level.
This means that altcoins could continue to pump further, and for now, no price correction is expected!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Is It Really Happening: When Altseason Will Begin?Hello, Skyrexians!
Today we will observe the CRYPTOCAP:BTC.D chart, this is the chart which shows the Bitcoin dominance on the crypto market. During last 2 years it has growing slowly, but permanently. It caused to this strange cycle where Bitcoin has broken ATH, while some altcoins set the new low every month. Is this nightmare really finished or altcoins will continue suffering? Let's discuss today.
On the chart you can see weekly time frame which showed two completed altcoin seasons: in 2017 and 2021. Last altseason has started after reaching 0.618 Fibonacci level from the previous altseason. Then we saw the big drop to 40%. Let's notice that this altseason has been started after flashing the signal on Bullish/Bearish Reversal Bar Indicator . As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Currently this indicator has been flashed 2 bearish reversal bars in the 0.61 Fibonacci retracement zone. If today weekly candle closes with this signal and next week there will be the confirmation - 58% breakdown, there is a high chance that real altseason come the market.
Best regards,
Skyrexio Team
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BTC dominance just made a perfect retest#bitcoin #btcdom chart has bounced with recent dump. If this' a probable successful retest, then #altcoin dump sessions and #btc + #usd domination will be likely necessary.
BTCUSD Potential Price Action, Follow important price channels There is important price channel levels. After 7 years of trading my opinion is we will see little consalidation in triangle which will lead little alt season because of dominance then breakout the up side.
BTC dominance is falling, capital is flowing into altcoins!Hello everyone, as we can see, for a very long time, BTC's dominance over the rest of the market was gaining strength, but now we can see how the level of dominance has broken out of the upward trend channel, which is causing a rebound and the transfer of capital into altcoins.
The flow of capital gives clear and significant increases on the market, and therefore many cryptocurrencies benefit from an increase in price.
It is worth looking at the RSI indicator, which also indicates that the energy used is used to flow capital into the rest of the market, and what is more, it can be seen that there is still room for a stronger decline to the support places indicated on the chart.
