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#BTC Dominance Decisive time coming by 31st March, Here's why!Welcome to this brief Analysis of Bitcoin Dominance. Reasons to Follow me? *9 Years in Trading! *7 years in Crypto *Certified Technical Analyst *Record Holder of Most liked Bitcoin Chart on Tradingview. *Consistent updates on Markets and Trade Setups *No Bias *All-time Top Author on various assets and index charts globally. *Very Active Community during both bull and Bear Market Let's get to the chart! Bitcoin Dominance is getting rejected at the local resistance but does not take it as a confirmation for a possible alt season. ALTS are still bearish IMHO. We can buy way cheaper but later. It pumped almost 4.18% since my last post and I expect more growth in Dominance for the next few weeks. Possibly till the end of this month. When it hits the resistance, that will be the actual time to know whether the index will break or get rejected. Currently, it's almost reaching the resistance better wait for the right time. If you follow me you already saved a lot of your funds which was possibly stuck in many altcoins. INVALIDATION: A daily close followed by a confirmation candle below the 21DMA and 50DMA will invalidate this chart. What do you think? Do let me know and hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
5
#BTC Dominance following the path! Part IIWelcome to this extensive analysis BTC Dominance. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance is following the previous chart so far. Although there's some initial rejection at the red zone. A break above that red zone is likely which will take us to 45.5% range. A rejection at that point could result in fireworks across the btc pair altcoins. For now expect some more bloodbath in Altcoins till dominance reaches the legacy trendline resistance which will eventually give us some good buying opportunities. We will asses our strategy to enter altcoins when we reach there. It's better to wait for now. Invalidation:- Daily close below the blue MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
2
Will bitcoin dominate 2022!?Guys, before i start this analysis I believe BTC.D is a LONG in the short term till it hits about 45% as that is the resistance of the downtrend channel that is visible. I'm guessing it will happen in about a month. Anyways, this chart shows that a bearish divergance is getting created on the weekly timeframe. Right now it kinda got created but its very small and not visible yet. Once BTC.D reached 45%, the bearish divergance will be huge and visible and that will cause it to dip and A BIG ALTSEASON IS WILL BE TRIGGERED TO START!!! Look at my ADA/USDT and ADA/BTC analysis to see why I am accumilating ADA for the altseason and DYOR. I am not giving financial advise this is just my ideas of ADA being ready to prove all the haters wrong of it having become "trash". DYOR DYOR DYOR!
CRYPTOCAP:BTC.DShort
by blz_legend
#BTC Dominance ALT SEASON in Q2 Possible? Here's Why!Welcome to this extensive analysis of Bitcoin Dominance If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance bounced and pumped almost 4% since the last chart. Expected this growth and asked you not to go long on BTC pairs. Hope you listened. The charts show potential for more growth in BTC Dominance. Once we hit the legacy trendline resistance, a rejection will cause rallies across the market in BTC pair altcoins. This is why I expect a nice second quarter, especially for Altcoins. CONCLUSION:- Bitcoin Dominance should rise to almost 45.50% We will see later whether it breaks the long-term resistance or gets rejected from there. It's early to come to a solid conclusion. Close above that level means BTC will hit new ATH and Alts go cheaper. Invalidation:- A close below 50D MA will invalidate this chart. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
3
BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC .D analysis. I have tried my best to bring the best possible outcome in this chart. BTC.DOMINANCE is the You all know the reason for the sudden loss of BTC, because of which people are selling every coin due to which BTC dominance is mounting and BTC dominance I think the bad rejection of 43.45% is a force 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.
CRYPTOCAP:BTC.D
by CryptoSanders9563
BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC .D analysis. I have tried my best to bring the best possible outcome in this chart. BTC.DOMINANCE is the You all know the reason for the sudden loss of BTC, because of which people are selling every coin due to which BTC dominance is mounting and BTC dominance I think the bad rejection of 42.74% is a force 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.
CRYPTOCAP:BTC.D
by CryptoSanders9563
#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!! Welcome to this extensive analysis of BTC Dominance. If you are reading my updates for the first time, make sure you follow me to read the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance bounced right from the bottom of the channel around 39.15. Currently moving around 42.27 level and broke above the blue MA. The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks. This will eventually give some momentum to BTC against altcoins. ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost 300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see whether it breaks the resistance or gets a strong rejection. CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart. We will have to see whether it gets rejected or breaks the trend line. Invalidation:- Close below the Blue MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
5
Bitcoin Dominance: 1W Chart ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Bitcoin Dominance. The chart is self-explanatory. The Bitcoin Dominance recently broke out of the S/R 1 line and headed for a re-test. If the re-test is successful and the price moves upwards, the Bitcoin Dominance will start moving up. I noted multiple Support and Resistance Lines to keep an eye on. The RSI also broke out of a resistance line headed up. Lastly, a Triple Bottom was recently formed which is bullish. This is a weekly chart so please be patient. Included in the chart: Trend line, Support and Resistance Lines, RSI, Triple Bottom Formation. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
12
Bitcoin Dominance At Crucial Level!!Doing an update on our Bitcoin Dominance chart on the 4H timeframe, some of you may recall from my last TA on BTC.D i talked about a possible reversal in and around the current spot price action is sitting, we cut through the 40.50% level today and are currently pushing the downtrend resistance line. Bitcoin had a small pump than a massive dump today clearly institutional candles and that is a definite factor here for BTC dominance. What we are looking for here is a close below the downtrend resistance line and a reversal back down, in my opinion we are overdue for a decent sized correction here for BTC.D we have been pumping like crazy in turn keeping the crypto markets down, if we do by chance continue to see bitcoin dominance climb the goal will then to be a reversal below our previous high at 41%, this would be a confirmed lower high which is a bearish scenario and would be great for the altcoins and markets overall. Checking out the bollinger bands there is definitely one thing that i don't want to see and that is a climb up and push to that top band, closing ontop of here will likely trigger an explosive run to the upside and the chances of that crushing the market further is pretty high, on BTCUSD we are long overdue for a pump up and an uptrend and on BTC.D we are due for a correction of some sort. The RSI has crossed over the yellow simple moving average which was resistance and we are now beginning to climb into the top overbought zone or sell zone and this is where theres a good chance of the RSI reversing aswell as price action, the longer goal for the RSI is definitely a push back down and below the midline, we need to regain a confirmed downtrend once again too see some nice price movements from BTC and the rest of the market! Not financial advice just my opinion
CRYPTOCAP:BTC.D
by JacobR905
Bitcoin Dominance Reversal on the Horizon + Upcoming Altseason!?Taking a look at our bitcoin dominance on a 4H timeframe we rebounded off the 39.40% level where everyone thought altseason was about to be on the rise, we have climbed all the way back up to the 40.28% level currently but i am looking for a drop and reversal sooner than later. We have downtrend resistance coming from the high around the middle of december, this resistance lines up directly with the upcoming 40.50% level, also realize that this resistance level on its on is very heavy and hard to break through, I am expecting something similar to what i have drawn out, looking for a lower high which would be valid anywhere below our recent high, but think is the 40.50% level is a likely spot for our PA to reverse. Afterwards if this does play out we want to see a continuation of lower highs effectively putting us into a downtrend. This is the ideal scenario for the altcoin market but the real explosive price action will happen once we have a confirmed break below the 39% level, the 2018 altseason peak arrived around 35% BTC dominance and just based on the shear growth of all of crypto i expect a much larger scale altcoin season at some point and hopefully soon! Looking at the bollinger bands this gives me hope that we are going too see a cooldown and reversal soon, we have been riding the top band explosively for the past few days and if we do continue this we should realistically be looking at it coming to an end somewhere inbetween 40.29% and 40.50%. The RSI is currently hitting resistance right below the overbought zone and we are beginning to curl to the downside, we have upcoming support from the yellow SMA which might catch us briefly but the main goal here is that midline i always talk about, getting below this level and holding below confirms a downtrend which is fantastic for alts. The wave trend is seeing somewhat of the same thing aswell, we are beginning to curl to the downside after seeing a steady wave to the upside, looking at almost every wavetrend top we have seen recently we have come all the way back to the bottom buy zone and i don't see us having any different outcome this time around, we had a pretty vertical jump up with barely any downside so i am expecting more of the same thing when we come back down! Not financial advice just my opinion!
CRYPTOCAP:BTC.D
by JacobR905
3
BTC Bitcoin Dominance: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin Dominance (BTC.D). The chart is self-explanatory. The Bitcoin Dominance is currently at a key area between a multi-year support line and a multi-month resistance line. The Bitcoin Dominance has formed a multi-month triple bottom pattern (bullish; in magenta color) and a multi-month double bottom pattern (bullish ; in blue color). The RSI (relative strength index) bounced off of a multi-month support line and potentially headed back upwards. There is still room for growth. If Bitcoin Dominance breaks up, it could be a great sign for the Bitcoin price. If it breaks the support line, a potential altcoin season may be coming very soon! Shown: Support and Resistance Line, Trendline, Double Bottom Pattern, Triple Bottom Pattern, RSI (relative strength index), Triangle Pattern If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
11
TheKing past to present Quick & Simple : - in 2014-15-16, BTC was mostly alone and his supremacy was Total, you can see in the graph his Dominance was around 95%-100% of the Total Market. - in 2017-18, when alts popped around the corner, BTC Dominance went down to 35%. Alts started to moon than BearMarket came around. - in 2018 , you can notice that when BTC dominance grown more than 50%, we came back in a full Bearmarket, the top BTC Dominance reached 70%, then a New Cycle Started. - in 2020-21-22, with this new BullMarket, it could be really possible with DEFI/SWAPS and lot of new projects that "TheKing Dom" will fall between 27%-25%. . After that zone reached, we could consider that Bearmarket will come very fast. - Follow closely Dominance and try to understand it, this is the way to understand in wich parts of the cycle you are. - Check in comments my older analysis about Dominance to get the moves. Happy Tr4Ding !
CRYPTOCAP:BTC.D
by thecryer
14
Altseason Almost Here!!!Ah yes it feels a little bit old saying this over and over again but BTC.D is being very stubborn and is holding on by a string lol, it looks like we could be in for an explosive altseason coming sometime soon... fingers crossed lol. We are finally seeing a decent push down below the 40% level which has given us lots of trouble recently and hopefully we can continue that drop to our 39.50% level which is absolutely key. Personally i believe if we do cross this mark soon and close below a couple times that will be our confirmation of altseason, we have no support underneath here unless we factor in price action from 2017-18. Looking at the BJ key levels we notice that we are slipping once again below the key resistance level that was recently support and this is our last key level for the downside and also plays into my reasoning of a fall below 39.5% triggering a big fall to the downside. Another interesting indicator, the bollinger bands, are beginning to squeeze down on price action and the longer and tighter this goes the much more explosive move we are going to see, the only problem is it doesn't indicate which direction, but for this scenario i think the guess is very easy on where we are headed. We are also trading in the bottom half underneath the midline which is a good sign, this also gives us the opportunity to trade down and to grab ahold of that bottom band on the BB's this can also trigger a big downside slip, and notice exactly where that bottom band lays.. right below that crucial level at 39.5%, another great reason to believe altseason is on the horizon. The EMA ribbons are starting to spread out and push down on price action, this shows us that the bear pressure is building up and is going to continue building up, i say that because this indicator does not turn on a dime and takes quite awhile to see a full scale reversal. We aren't even fully spread out either we are considered pretty compact or tight still, what we wanna see play out following this TA is the ribbons continuing to push down on price action and aswell as spread out further creating big space between the ribbons like we have seen previously, if you look back on big price moves you will see the EMA ribbons are much more spread out than they are now and thats what we are looking for and i think is what we are going to see once this 39.5% level breaks, we have the bollinger bands ready for an explosive move to the downside and then add the massive pressure from the EMA ribbons, we could see a much lower BTC.D and a perfect recipe for altseason! Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
3
BTC.D: massive daily bullish divergence! 2th post.We can clearly see a bullish divergence on the daily. This is going to pump btc price up and drain alts a bit. I anyway hold my alts and dont sell them cause after btc will pick we’ll have a January2020-like alt season! This is a continuation of my last post which i will relate under here(BTC.D:massive weekly bullish divergence). We have bullishes divergences on almost every timeframe. Also notice the stochastic rsi oversold and ready to pump (both on btc and btc.d) Its clear how btc is showing enormous strength these days. Don’t misunderstand me: i know btc is not pumping to the moon like most of you wanted. When i say strength i intend making you understand that there was a lot of selling pressure (due to china trading ban). This has given the possibility to many whales to accumulate huge quantities of btc. Its clear we will have a rally and btc will hold the line. Its just about time! Have faith!! Here for you, as always, CryptoSoap! Follow me on twitter, i post btc and alts analysis!
CRYPTOCAP:BTC.DLong
by UnknownUnicorn19016152
Altseason Almost Here!!!Taking a look at our bitcoin dominance and we have just recently broken right through that crucial 40% mark and that is a huge deal for the altcoins, realistically we should start seeing some explosive price movements going forward across the board. We definitely want to see our daily candle close below the 40% line as it would be very bearish and with that bullish for altcoins. A close here opens up the door for a breakdown to our first support at aprx 39.5% and then our S2 support which comes afterthat, either way any price action going forward that continues to drop is very positive for the alts! The bottom band on the bollingers as you can see is just below us we actually wicked onto it, the door is open for us to grab onto here and to see a big fall in domiance, historically closing ontop of this bottom band leads to explosive bearish price action just like we want! The RSI is getting crushed fairly badly and thats another great sign going forward, the RSI getting stuck below the midline signals we are in a confirmed downtrend which of course is positive for the altcoins. The interesting thing here though, is that we have tons of heavy resistance above us and it appears they are going to be pretty tough to breakthrough, we have the SMA which we are now below(BEARISH) and then we have two overhanging heavy lines of resistance that will take quite some time to break i personally think! Overall looking very good for the altcoins and if we see this trend continue moving forward we could be leaping right into altseason where i expect to see some explosive massive gains! Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
BTC Dominance: Alt Season Coming!Hello friends, today you can review the technical analysis on a 1W linear scale line chart for the Bitcoin Dominance. I generally look at candlestick charts, but for presentation purposes, a line chart is used. 1) The BTC Dominance has been respecting a Parallel Channel since the May 2021 crypto market correction. 2) Also there is a Bear Flag Pattern that has formed in the charts. This pattern's target is usually the length of the flag staff. 3) Since the RSI (relative strength index) recently broke a key support line, it may go back up to re-test the trendline before falling further. 4) With the potential increase in RSI, the Bitcoin Dominance may go up as well before a drop down. 5) If the Bitcoin Dominance falls to the target, it could result in potentially the biggest Altcoin Season. 6) If Bitcoin Dominance breakout above the Parallel Channel, it could invalidate this idea. 7) This is a weekly chart so don't expect anything to happen quickly. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year? Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
4
Altseason on the Horizon!!Bitcoin dominance is once again falling after what looked like a possible reversal to the upside of this descending channel, i predicted that we would see a push up to the top of the channel before then bouncing off and continuing the downtrend. We are looking very good as far as the altcoins are concerned, everytime BTC dominance falls the altcoins get a boost and in my opinion we are not even close to the full blown altseason i have been talking about, honestly due to the fact that in the 2018 altseason peak we had a BTC dominance of aprx 35% and as you guys can see we are very far off that number, another great reason is because of the shear growth of crypto and altcoins in general, back in 2018 is was pretty rare for people to be involved in crypto and if they were it was likely in Bitcoin, the growth and adoption of both BTC and all the altcoins has done tremendous numbers and just based of that there is good reason to believe that this altseason will be the largest in history. Lets take a look at some key indicators, the first is the EMA Ribbons, this indicator is a slow mover and shows the strength and momentum of the bears and bulls, and in this case where our red ribbons are ontop of the green we are measuring the bears momentum. This indicator has not even come close to its full effect we are just getting going, that is due to the fact that the ribbons are still very compressed together and the more and more they spread out the bigger the momentum is. If you go back on the charts and even look at the bullish cycles of this indicator you will notice that the ribbons are not even close to being fully spread out, and when they do reach the stage of max spread the gains or losses are absolutely huge, this is a great tool to keep an eye on to judge the strength and power of the current cycle and have a good guess of where we currently are and where we can end up. The RSI is on here because it shows us exactly where we are in a trend stance, below the midline we are in a confirmed downtrend and the opposite is true for above the midline. So confirmed downtrend that is constantly holding on our BTC dominance means big gains and explosive moves for the altcoins, and the longer we hold this the faster altseason will come. Before we get into our last indicator we have some important levels to talk about, first off being the descending channel, we just had a close underneath the bottom of this channel and this ultimately turns this level into resistance which is great for the altcoins. Just above here we have resistance at 41.22% and 41.57% which are both decently strong levels, then of course we have the top of the descending channel and then heavy resistance at the 42% level, overall this makes a climb back up a lot more tough and highly likely that we wont see an uptrend for quite awhile. Now our next must break support level is the 40.50% level and i personally this might take a couple trys just because we have barely seen action here at all recently, 1 time recently but then not since awhile back. Now the ADX, we have seen a strong downswing here on this indicator and what this basically shows us is the average direction of price action and many people might of thought we have bottomed out here recently with a little curl upwards but it seems we are getting back to the norm with the ADX moving sideways and slightly downwards! Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
1