Bitcoin Dominance Altcoins Fully bullish as I told you#BITCOIN Dominance TA Update :-
#BTC Dominance falling and this is very good for Altcoins.
Now Dominance is below 65% this is very good.
I am expecting Target of Dominance can be 58% and that would very bullish for Altcoins.
I already posted this chart if you followed.
Support :- 64% / 58%
Resistance :- 72%
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Dominancebtc
BTC will keep beating altcoins, Hybrid Intelligence saysBTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up.
To dig deeper into this idea, we’ve posted the following question to the Cindicator platform:
“The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13. Will the Market cap climb above 995.2B USD (+7.5%) earlier than drop below 856.3B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 91.11
This means Hybrid Intelligence expects the total crypto market cap to go up +7.5% before any downward movement of a similar magnitude.
Additionally, we’ve asked about Bitcoin’s dominance:
“Bitcoin crypto market share settled at 68.97% at 10:00 AM UTC on Wednesday, January 13. Will Bitcoin's market share climb above 70.35% (+2%) earlier than drop below 67.59% (-2%)?
(forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 82.80
This result suggests that Bitcoin’s market share will again hit 70%.
So together, the growing coin market cap AND the increasing Bitcoin’s dominance will likely lead to Bitcoin outperforming altcoins. Of course, some individual cryptos might still beat BTC, but the general trend still looks in favour of Bitcoin.
Long Bitcoin for now, Hybrid Intelligence suggests.
And diversify your alts with Stoic, we might add.
BTC.D update | It broke major support Level | ALTS Season UpdateHey guys welcome for a fresh update on BTC Dominance
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BTC dominance already broke out support zone !! Have a Look...
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As we shown our previous update of BTC Dominance
It got rejected by trend line at 71.62
And now it clearly broke major S/R level so it can move down to
Next support of 64 or even down to 61
And Similarly as we are seeing rise in ALTS
So ALTS season looks like it is there to stay for some time..
So take benefit out of this ALTS season guyz...
Give a thought to it and manage your risk carefully...
Will Be back with other Premium Trades in the mean time..
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Thanks for reading... Give us a THUMBS UP if you like it...
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this is Husain Zabir, signing out
Thankyou...
Bitcoin Dominance Support broken, Altseason ConfirmedBitcoin Dominance breaks the major support of 67.5%. Dominance takes local support at 68.4 zones and bounced many times from there but finally, it breaks downwards. The next support is 65.4%. Altseason is here and we already see a good rally in alts. Investors got crazy after ETH breaks its all-time high. Time to make huge money.
bears must break 67.50 for altseason oterwhise alts are fuc!#@we are at the decisive moment if bitcoin breaks the resistance we can say goodbye to the alts.
In any case,i am confident that we are at the beginning of an alt season up to the main support of the structure as btc seems to be ready to lateralize and leave space.
Altcoins Big session Very soon ( Bitcoin Dominance chart )
Bitcoin Dominance now 69.35%.
As I told you It can reject from 70-71%
So Now I can see it is rejected.
This would be good sign for Altcoins session.
Still keep in mind If dominance Below 70% then very good time to enter in Good potential Altcoins.
I am also searching for you.
Very Big Altcoins Sessions is very near.
Resistance: 71%
Support: 65% / 58%
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BTC.D UPDATEAs we can see the total of BTC - ETH - USDT dominance sums up to nearly 85% which leaves the rest of the ALTS only 15% as of now. However, Alts marketcap also rising, new money flowing in Alts, but not enough. For the long-waited Altseason to begin, we want to see BTC and ETH dominance start going down.
Altcoins Session is Coming guys..?#BITCOIN Dominance Chart:-
#Bitcoin Dominance now 69%
Guys BTC fully bullish and Altcoins very down at this time.
According to me this ja entry zone at Bottom.
Why..?
Now Dominance at very strong resistance at 71%
Below 71% Altcoins supper bullish according to me.
Red zone :- above red zoe exit from Altcoins.
Now You can buy good potential coin at bottom.
I am also searching good for huge profit.
Resistance:- 71%
Support:- 65% / 57%
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BTC DOMINANCEThe money is flowing from USDT to BTC and ALTS at the same time. This results in BTC.D and ALTS.D rising simultaneously, and so does BTC and ALTS. Exiting times.
Moral of the Story: BTC.D is not a good indicator if not combined with other factors. Unlike the common belief "when BTC.D rises Alts get rekt", both can rise together if the market is right.
Happy trading.
Conquerer