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Bitcoin Dominance Update, Put Stop loss in all tradesBitcoin Dominance Update Bitcoin Dominance is bouncing from the long horizontal support line and also tests the psychological support of 50%. There are two possible scenarios now. The first one is that Dominance bounced from here and test the 58% resistance area and if breaks above it we see a retest of 64% resistance area. In that case, alts will bleed in the BTC pair. The second case is that Dominance breaks and closes below the 50% area. That will trigger the targets of 45% area and after that 40% area. This is bullish for alts and we see a good altseason in BTC pair. However, there is a low probability that Dominance goes to the 40% level sooner. Alts market is going parabolic since January 2021 and we see huge gains in the alts market already. Check any altcoin chart and you see a parabolic move without any correction. We expecting a correction in the alt market before the next rally start. We will continue to find TA + FA gems that will give good returns in every situation. For now, open every new trade with a stop loss. Keep Earning
CRYPTOCAP:BTC.D
by Bitcoinik
Bitcoin Dominance Chart ( Altcoins session end..? )#Bitcoin Dominance Update:- Currently dominance is 51.50% And now dominance is trading at very important support level. So as I predicted dominance fall down from 71% to 50% And I also told you when 71% dominance buy Altcoins bags. Now max Altcoins 10x-20x profit. Hope you followed me. Now...? Now dominance trading at very strong support level so we can expect bounce back from here and Altcoins can go more dump. But if 50% level break down then again ready for Big Altcoins sessions. I will also update here. Support: 50% / 40% Resistance: 53% / 58% Below support:- Bullish Altcoins Above support:- Bearish Altcoins Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
CRYPTOCAP:BTC.DShort
by CryptoPatel
19
Dominating The Market Btc.d #Bitcoin $BTC #BitdHere we see our Bitcoin Dominance chart which today dipped into 51 area ! This is major ! Our expected Altseason won't happen with a high Bitcoin Dominance chart so it's great to see this dipping even lower right now! You can see we are under the daily Ichimoku cloud . We are under both the 50 MA and the 200 MA . And we have hit a TD Sequential 9 in red on this daily chart as well as the 3 day chart . This chart is just red ! And whilst the Dominance of Bitcoin in the market goes down - the rise of Altcoins in the market should continue up , even giving us a bit of Altseason! So this is very Bullish for our Alts . Last Bullrun of late 2017 saw Bitcoin Dominance actually fall to 36 area at end of December 2017/early January 2018 !! That's quite a bit lower even than we are now though there's no guarantee how low it goes . No one can say yet but so far it seems like our altrun will be looking good all year .
CRYPTOCAP:BTC.D
by shimmeringpath
3
Bitcoin Dominance.When wll we move to the 3d phase of altseason?BTC. Dominance update🧨 If consider that now we are in 2-nd phase of altseason, chart says that we meet the major support 51-52%. From here we probably will bounce up a bit, then consolidate some time and then if we go below the major support, we may say that we are moving to the 3-d phase of altseason. Also for information, altseason is over when we will come back to 60% Bitcoin Dominance. As we see on a lot of altcoins against BTC pair, they have not finished they cycle yet, the same is for ETH/BTC which looks very good💪 P.S. It is my personal opinion. I am not financial adviser. DYOR. Have a nice day!!! If you like my reviews and it help you to understand the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations. Thanks to your likes, I understand how many people rated my review positively. Thank you very much and thank the sympathetic commentators for understanding. I spend my personal time monitoring the market situation and share my opinion with you openly. I ask you to take this point into account and treats with understanding.
CRYPTOCAP:BTC.DShort
by sorokanstanislav
BTC: Prospects for a bounceWhile I think BTC may be starting now a major correction akin to those in January and February, we should bear in mind two other things: 1) On the BTC Dominance chart, this last drop coincides with a historical support level that was important twice in the past: 03 April 2019, and 23 September 2018. The next major support level down dates to 29 March 2018. 2) On the BTC money flow index, the trendline marked has until now provided a bounce to the upside. We have broken down through this line at present. Nonetheless, there is strong upside pressure below it. An indicator to watch in the days ahead. Feel free to comment.
BITSTAMP:BTCUSD
by ianrdouglas
BTCUSD : NEW POTENTIAL ATH IS COMINGHi to all, BTC broke its descending correction move in main bullish trend. Now i'm waiting a new ath from BTC between 62.8K & 64.2K in short term. Bitcoin Dominance is below 56 and at the same time Total marketcap is growing-up over 2bn. It means a new rally is coming at BTC and AltCoins. 58.800$ is the support before this bullish wave. Good Luck to all. If you find it useful, please support this idea with LIKE and feel free to ask all your questions as a COMMENT.
BITSTAMP:BTCUSDLong
by FXLoungeIN
1
BTC Dominance projection based on the lengthening cycle theoryIn the perspective of a lengthening cycle theory, with the end of the cycle around end of 2022, we would have a much longer time to develop the alt season, with a double top cycle in BTC like in 2013, and the coming correction in BTC would coincide with a surge in BTC.D. If this perspective is confirmed, it will be better to go out of crypto and stay in FIAT the time that BTC finishes correcting.... To be followed closely Blue line = halving Green line = start of alt season Red line end of altseason 2017 + end of 2021 if we follow the same time pattern as in 2017. Cfr my long term analysis on BTC trend in the perspective of a lengthening cycle theory for more information :
CRYPTOCAP:BTC.D
by Crypt0p0tat0
2
Bitcoin Dominance and Are you ready for Altcoins Session 2.0 #BITCOIN Dominance chart Update:- #Bitcoin dominance currently at 57% Which is below of strong support level. 58% support level broke down so this is very good for Altcoins. We can expect some more uptrend in altcoins. Now..? Now next support level is 50% If dominance will go towards 50% then Ready to another altcoin sessions. But keep an eye 58% level. If break upward 58% then Altcoins Retracement posible. Major level:- Support:- 50% / 39% Resistance:- 58-60% Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
CRYPTOCAP:BTC.DShort
by CryptoPatel
7
Everyone thought we are crazy‼️ crypto signals🌴QUICK MARKET UPDATE🌴 Everyone thought we are crazy‼️ 💎Yello ladies and gents🥂😎 💎Let's make some checks from the update we shared with you on 15 March: 1) We said BTC Dominance will crackdown: ✅Check, we see one of the biggest breakdowns on BTC dominance since 2017. 2) We said ETH (the papa of altcoins) will be the leader: ✅Check, ETH breakout ATH sooner than BTC and is now leading the market (first time since a long time ago). 3) We said The altcoin market cap (TOTAL2) will hit $2tr: ✅ And this is the exciting thing, such as TOTAL2 really did breakout the consolidation, but still a long way ahead of us to hit 2tr. ☯️The time is yours, spend it well.
CRYPTOCAP:BTC.D
by MyCryptoParadise
12