#BTC DOMINANCE, LAST OPPORTUNITY TO BUY CHEAP ALTS!Bitcoin Dominance is currently around 60.51%, keeping BTC in the 68k–70k range while altcoins drop 20-40% from recent highs.
This pattern is common in bull runs, as rising BTC dominance typically pulls altcoins down. In my experience, a rejection zone between 64% and 65.81% could trigger an altcoin rally while BTC hits new all-time highs and moves sideways.
Here are three key points to watch:-
1. BTC Dominance reaching rejection levels.
2. BTC closing above the monthly resistance of $71,378.
3. Altcoins holding higher time frame supports and showing reversal signs.
If these align, it could be a strong opportunity for altcoins.
Patience here pays off – holding USDT or stablecoins now could let you buy altcoins at lower levels soon.
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Btcdomusdt
Altseason ahead: Bitcoin Dominance - a Pullback, or Reversal?BTCDOMUSDT is showing signs of being overheated, and we believe the price may have topped out, at least in the short term. This comes after a strong rejection at the double Fibonacci resistance level around the psychological 2600 mark, suggesting that a significant pullback could be coming.
Currently, the price seems ready for a relief bounce, which should mark the beginning of a long-term trend reversal. If this scenario plays out, we might witness a massive altcoin rally as funds rotate out of Bitcoin dominance and into alternative cryptocurrencies.
Keep an eye on this setup, as it could signal an exciting opportunity for altcoin traders. Prepare for the potential shift, and stay tuned for what could be an electrifying period in the crypto markets! 🔥
#BTCDOMUSDT #1D (Binance Futures) Ascending trendline breakdownBitcoin Dominance is pulling back towards 50MA resistance on daily, seems likely to get rejected next.
⚡️⚡️ #BTCDOM/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 6.0%
Current Price:
2374.2
Entry Targets:
1) 2411.5
Take-Profit Targets:
1) 2010.3
Stop Targets:
1) 2612.6
Published By: @Zblaba
BINANCE:BTCDOMUSDT.P CRYPTOCAP:BTC.D #Bitcoin #Dominance #Index
Risk/Reward= 1:2.0
Expected Profit= +99.8%
Possible Loss= -50.0%
Hard landing coming?The acquisition of Bitcoin, other than stable currencies, fell in wave A in five strong waves, and then rose in three waves to retest the summit. It is possible that wave C will be completed, and there will be five waves of decline in the shaded area.. Let us see what will happen
Note: The analysis fails if it closes higher than the area 1712
$BTCDOM/USDT 2D (#BinanceFutures) Big falling wedge breakoutBitcoin Dominance Index seems about to reverse, ahead of the Ethereum Merge it's an opportunity to hedge against big Altcoins.
⚡️⚡️ #BTCDOM/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2X)
Amount: 11.8%
Current Price:
1197.3
Entry Zone:
1192.8 - 1144.0
Take-Profit Targets:
1) 1168.4
2) 1380.2
3) 1469.0
Stop Targets:
1) 1069.7
Published By: @Zblaba
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +21.08% | +36.26% | +51.46%
Possible Loss= -16.90%
Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 3-4 months
Tags: #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Component Info:
www.binance.com
$BTCDOM/USDT 2D (#BinanceFutures) Rising wedge on resistanceBitcoin Dominance Index looks locally topped and about to reverse mid-term, let's give it another try!
Current Price= 1517.1
Sell Entry= 1517.1 - 1572.5
Take Profit= 1411.7 | 1311.6 | 1211.1
Stop Loss= 1656.1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +17.24% | +30.20% | +43.20%
Possible Loss= -14.40%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 2x
Estimated Gain-time= 5-6 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
Contract:
www.binance.com
Will the Bitcoin continue to gain market share❓💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins, the BTCDOM index will gain value."
💎The BTCDOM Index broke above the resistance trendline, followed by the break ..........
ALTS CAN RISE AGAIN !BTC.D I'm seeing a reversal at this point , next weekly open can be good for alts in my opinion 44.62% and 44.17% acting as a strong resistance here . But on the other side if we close a few daily above 44.62% we may see another blood bath in this month , else a drop till 42.63 level is quite possible . BTC might range till 20Th of may and Dominance going lower . What might be a best to to load a few dips ? Though save some USDT for future use .
$BTCDOM/USDT 2D (#BinanceFutures) Ascending trendline retestBitcoin Dominance Index has been rejected with a Hanging man pattern and could resume the downtrend.
Current Price= 1275.5
Sell Entry= 1275.0 - 1305.0
Take Profit= 1196.9 | 1129.7 | 1063.1
Stop Loss= 1364.5
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +21.66% | +37.29% | +52.77%
Possible Loss= -17.34%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 3-4 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
www.binance.com
$BTCDOM/USDT 2h (#BinanceFutures)Ascending triangle break retestBitcoin Dominance Index broke-out bullish on Low Time-Frame (LTF), let's catch next pull-back to 50MA support for continuation scenario.
Current Price= 1273.5
Buy Entry= 1260.1 - 1248.7
Take Profit= 1285.0 | 1311.5 | 1330.9
Stop Loss= 1228.8
Risk/Reward= 1:1.2 | 1:2.23 | 1:2.99
Expected Profit= +19.52% | +36.40% | +48.80%
Possible Loss= -16.32%
Fib. Retracement= 0.618 | 1.117 | 1.414
Margin Leverage= 8x
Estimated Gain-time= 10 days
www.binance.com
www.binance.com
www.tradingview.com
$BTCDOM/USDT 12h (#BinanceFutures) Rising wedge breakdownBitcoin Dominance Index just lost 50MA support and seems to be heading lower, that would be a nice relief for Altcoin.
Current Price= 1205.1
Sell Entry= 1209.2 - 1228.8
Take Profit= 1162.2 | 1131.3 | 1101.2
Stop Loss= 1262.7
Risk/Reward= 1:1.3 | 1:2 | 1:2.7
Expected Profit= +18.64% | +28.76% | +38.64%
Possible Loss= -14.32%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 5 weeks
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
www.binance.com
www.binance.com
www.tradingview.com
$BTCDOM/USDT 3h (Binance Futures) Falling wedge break and retestBitcoin Dominance index seems to be reversing while Bitcoin is trying to make new All Time High.
Current Price= 1072.4
Buy Entry = 1066.0 - 1049.2
Take Profit= 1111.9 | 1170.6 | 1240.1
Stop Loss= 1012.2
Risk/Reward= 1:1.2 | 1:2.49 | 1:4.02
Expected Profit= +20.52% | +42.72% | +69.04%
Possible Loss= -17.16%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
$BTCDOM/USDT 2h (Binance Futures) Ascending triangle breakoutBitcoin Dominance just broke-out bullish and is likely to continue short-term after 50MA retest.
Current Price= 1080.1
Buy Entry = 1080.4 - 1072.5
Take Profit= 1104.2 | 1125.6 | 1156.7
Stop Loss= 1052.3
Risk/Reward= 1:1.15 | 1:2.04 | 1:3.33
Expected Profit= +20.64% | +36.56% | +59.68%
Possible Loss= -17.92%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 8x
Estimated Gain-time= 5 days
$BTCDOM/USDT 30m (Binance Futures) Ascending channel breakdown#BitcoinDominance broke-down locally and is likely to retrace in the coming days.
50MA seems to be acting as resistance now, that would be a good thing for altcoins relief!
Current Price= 1113.8
Sell Entry = 1116.2 - 1128.8
Take Profit= 1073.0 | 1025.2 | 992.5
Stop Loss= 1162.2
Risk/Reward= 1:1.25 | 1:2.45 | 1:3.27
Expected Profit= +17.64% | +34.68% | +46.32%
Possible Loss= -14.16%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 5 days