Get started

Dominancebtc

Bitcoin Dominance analysis : Is an alt season over?The cryptocurrency market is witnessing a correction for the last 48 hours, Bitcoin price had dropped from 10500$ to 9700$, and Major cap altcoins like XRP,ETH, LTC and EOS saw an average drop of over 15% in last 48 hours. Cryptocurrency market cap lost 30B$ value in past 48 hours, while Bitcoin dominance saw an increase of 5%. Now the question is? Is it a normal correction for altcoins, or Season is over? To find the answer, we will look into Bitcoin Dominance Technicals. Findings based on Daily Timeframe chart BTC.D broke down from a Major trendline last week, which hold the BTC.D above this support for 10 months. BTC.D bounced back from support at 62%, from which BTC.D had bounced in July’19, after that Altcoins started dropping to new lows. Bitcoin dominance retested Trendline neckline support yesterday, and currently trading below that. Opinion Altcoins can recover quick, and push for another bullish wave only if Bitcoin dominance stays below 65-66% – which is also a trendline neckline support. In that case, Bitcoin dominance could drop below 58% in next few days. If BTC.D manages to stay above 66%, then there is a more than 50% chances that – altcoins can continue drop against bitcoin till Bitcoin Halving. Check out our long term Bitcoin Price analysis - itsblockchain.com
CRYPTOCAP:BTC.DLong
by HiteshMalviya
Bitcoin Dominance Chart Bullish so Altcoin Bloodbath Soon.?BTC Dominance Chart Now Bullish so now current Bitcoin Dominance is 63.30%. Whats Charts Says? According to Chart in Daily Time Frame Bullish Engulfing Pattern Working. So if This pattern success then Altcoin Bloodbath posible. Because if Bitcoin dominance will increase then altcoin dominance do down. and Then altcoin dump posible. so always secure profit with time to time and never be greedy. our Last bitcoin Dominance Chart Working Exactly as I told you. I told you about this altcoin session and Dominance down when dominance was 70%. so guys be prepare for both Scenario. in Cash if This Bullish engulfing pattern fail then big Altcoin session again posible. so prepare both scenario. Please like and follow me for latest crypto updates. and also check our link IDEA for our Updates Thank you
CRYPTOCAP:BTC.DLong
by CryptoPatel
BTC Dominance DroppingStill learning and a long way to go. Mostly have followed FA, but this looks interesting to me...seems we are at a tipping point. Would love to hear input of others on where we are headed. Will a surge in alts occur before the halving, after the halving, or not at all until the lucky few surviving projects show true network effect and actual value. My thinking is that the market is strongly driven by greed, FOMO, and the herd mentality. Although there are definitely more mature forces behind the bigger moves, so always expect the unexpected. Any thoughts are appreciated:)
CRYPTOCAP:BTC.D
by transparentone
BTC.D >> Bitcoin Dominance targets in 2020-2021Hi everyone, I believe this space (cryptoland) is becoming very interesting as dominance slowly is shifting away from Bitcoin into some major alts whose projects have excellent execution and increasing/promising use cases as time progresses. Bitcoin continues to be a great store of value yet some alts are beginning to steal the show. It is my conviction that Bitcoin dominance is in a multi-year ABC correction (beginning 2017) having completed the A wave in 2018 & B wave (relief bounce) in 2019 & has begun the C wave a number of weeks ago. Important note: With bitcoin dominance generally being in a downtrend over the coming year or two, this does NOT mean at all that the Bitcoin price won't appreciate. On the contrary: As its market cap dominance decreases, Bitcoin will continue to increase in price and adoption. It is a common misconception that Bitcoin price is positively correlated dominance needs to increase in order . Truth is: the correlation is very low. Anyway, back to the chart: we present 4 targets for Bitcoin dominance which we think will play out in 2020-2021. Breaking the 50-53% level triggers another roaring alt season, not unlike the one of EOY 2017. By that time, Bitcoin would have likely surpassed $20k (its previous ATH) and so investors and traders would begin diversifying their bitcoin gains heavily into the Altcoins. The targets presented are very technical, actually, based on multiple Fibonacci retracement analyses. We believe the end of the C wave would show an ATL Bitcoin dominance of 25%. AT that point, you can be almost sure that the bull cycle has ended and cryptoland is entering another multi-year winter (bear market). Cheers, Leb Crypto
CRYPTOCAP:BTC.D
by Leb_Crypto
1
ALT SEASON IS HERE - YOUR WINDOW OF OPPORTUNITY Looks like at season is here. Unless you stacked up on alts when I posted this analysis back in December: Most likely in the next few days there will be a small retracement (most likely BTC will dump 5-10% to help with this) and this would be your best moment to buy some alts! If interested here is a list of alts I am thinking about getting for myself in this alt season: ETH, LINK, KNC, WAVES, HOT, BCH, XTZ, ATOM, MKR, BAT, ICX, REP, ZRX, SNX, THETA, ZIL, RLC, NRG and other... ** NOT FINANCIAL ADVICE ** of course ;)
CRYPTOCAP:BTC.DShort
by Crypto_Burger
Bitcoin Dominance Update #BTC Dominance Chart Update: I told You if 67% break then big altszn I hope you got it. now Dominance at support 65%. we can expect now dominance one spike. #Altcoins can go down little. secure your profit. if break upward 67% then we can see blood bath in altcoin. But if not break 67% upward then ready for one more big altsession. keep an eye on every updates. Support: 65% Resistance : 67% both level is very important for us. bellow 65% big altsession and above 67% is blood bath in altcoin so good to exit from altcoins. please like and follow me for latest crypto updates. Thank you
CRYPTOCAP:BTC.DLong
by CryptoPatel
2
Dominance BitcoinI see on the chart soon we will have the intersection of MA50 and MA200 and this is called - Death cross The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock's short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages. The last week you saw a good movement of several alt coins paired with bitcoin, most likely this trend will continue There are several signs of the alt season. What do you think about this? Best regards EXCAVO
CRYPTOCAP:BTC.D
by EXCAVO
30
Bitcoin DOMINANCE going down - ALT season to continue.In our previous update we outlined how Dominance chart is taking a beating and is now consolidating around previous support levels. But is this consolidation to be considered re-accumulation or distribution? The fact that this is the 4th time that support level is being touched, leads us to believe any bounce in the dominance will be short lived and more downside is in the cards. Consequence from this would be continuation of alt season. Enjoy!
CRYPTOCAP:BTC.DLong
by AlphaTradeZone
Bitcoin dominance Formation of an ascending wedge before halvingBitcoin dominance chart by market capitalization. Perhaps an upward wedge will form before halving. Then a strong drop in the dominance of bitcoin and pumping altcoins. I showed the zone for a more likely reversal on the chart, although the entire zone for observation is the line of the uptrend. You also need to understand that the situation can change quickly if domination breaks the uptrend line (red line) and consolidates below it. This will mean the beginning of a downtrend and the beginning of a full-fledged pump of the viola season in which most already do not believe, and this is a good sign. Domination is for a long time near this trend line of the uptrend, and the further in time, the situation is heating up. Sooner or later we will see her breaking through. I think everyone is looking forward to it.
CRYPTOCAP:BTC.D
by SpartaBTC
15
Bitcoin.Dominance UPDATEAs we have outlined earlier price broke support which has started acted as a resistance. There has been a relief in most of the alts as we had our setups on ADA's Twitter (more than 40% profit in 10days on alts). However, price is at support now and also at 150 DMA, thus the "small alt window can be at an end". If Price will not hold above 150 DMA, then I am expecting 69% (~0.50%). Scenario: alts can give us one small relief for another "small window" but expecting strength at 69% and expansion in up-trend. If you have any equity in alts, be careful and protect your equity as soon as possible. __________________________________________________________________________________________________________________ I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content. Telegram: t.me Twitter: twitter.com __________________________________________________________________________________________________________________ I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..). PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC). go.primexbt.com __________________________________________________________________________________________________________________
CRYPTOCAP:BTC.D
by UnknownUnicorn6034472