BTC Dominance - Double Bottom BTC Dominance - Double Bottom Got to always keep eye👀z on BTC dominance for the sake of ALTS!!! LOL 😂
Dominancebtc
This end of the year bitcoin will show why is the #1We have the famous double bottom that everyone is talking about.
I mark a horizontal resistance that in my opinion is where it will stop shift to the upside. However, if we cross the line with high volume there is a chance that we see a continuation.
If the latter happens I believe that it will end up somewhere inside the rectangular area. There is a lot of volume on that region an it could ether be what it stops the trend or where it consolidate and move horizontally.
BTC.DI expect it to attack the roof of the channel and from there we will have a descent to 35 dominance
BTC dominance VS Altcoins dominanceBTC dominance raises, while the Altcoins dominance is decreasing. That means the buyers rush to the bitcoin market , and that's why the altcoins market is fallen for a while.
Trust the altsAlt season has not yet started and MUST start.
As happenned the previous alt seasons, btc dominance will fall to new lows.
Btc dominance will top at 52 percentWe have a divergence in monthly Rsi
Which will end if btc dominance reaches 52 percent.
If history repeats itself in fractals, dominance pullback will be to fibo level 0.38 and almost 0.5
Which approves the monthly divergence
So a possible fractal and a monthly divergence
dominance reviewI was wrong about dominance before. looks like its going to do a pullback to the broken trend line. my final target is 47 for now, although there's not gonna be straight to the target and I'm expecting retraces along the way. will update the idea there.
Bitcoin Dominance is bullish So Altcoins will Red more#Bitcoin Dominance Chart:
#BTC Dominance bullish above 43.60% and this will be very bearish for #Altcoins
I am expecting Some relief in Altcoins so we can see some retracement in Altcoins.
if 2D candle close above 43.60% then #Alts will be bearish.
BTC domianance is on the riseThe first quarter of the cycle we always see a surge on bitcoin dominance but should see it drops with the next mini correction that will happen any moment.
In the second quarter of the cycle I think we ll see a drop in BTC D. and alts start
We are tired of waiting for you. Well, thank you.Domination ends its fiddling in place and begins to gobble up a share of altcoins.
LAST WAVE FOR ALTCOIN??We can see BTC.D in wave 4 it's mean altcoin sideways/correction.
After finished, of course altcoin continue to rally again.
Good luck for us.
BTC D. A long harnessing of a horse.Don't be fooled by still-robust altcoins.
In fact, the rise in prices is just
a pullback after fall.
And fall will continue.
bitcoin dominance path for upcoming daysthere's a divergence and this is what I expect for dominance in the upcoming days. as you know it's a bullish signal for altcoins
BITCOIN DOMINANCE 4HOUR UPDATEBTD.D QUICK UPDATE :- We can see in chart we have to wait for the 4h close if btc.d will closed below the 200ma then we can trade or if it will broke the 200ma then the second resistance level is 42.47.
*Not a financial advice trade on confirmation
Bitcoin Dominance is again moving higherDominance is again moving higher, the market tried to shift its market structure.
Now #BTC is dumping and #Bitcoin Dominance is also moving higher
A high of 42.13% should be a sign of a fall in #BTC.D.
Best Regards, Reda Souhail™
Bitcoin domanince update 2hourDominance 2 hour update.the dominance is the same pattern falling wedge current open the btc pairs altcoins update
Altcoins Now Entered In Bearish zone because Dominance Broke out#BTC Dominance Chart Update:-
#Bitcoin Dominance broke the resistance.
And trading above 42% which is Bad sign for Altcoins.
Now..?
Above 42% is not good for Altcoins.
We can see Altcoins drop.
And next resistance is 44.55%
Again if Dominance go below 42% then good otherwise Altcoins will be bearish.
Good entry in Altcoins will be when Dominance hit 44.50%
Support:- 42%
Resistance:- 44.50%
