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Dominancebtc

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
Elliot wave perspective on bitcoin dominanceHello fellas, we've seen a huge moves on bitcoin in these past few days and in this specific post, I want to do a quick update analysis about the dominance of bitcoin. If you've seen my previous analysis about the correlation between bitcoin dominance and the bitcoin's price, you should know that lately bitcoin's price has a positive correlation with the bitcoin dominance. Looking at the chart, I use the daily chart which is pretty consistent for the use of swing trader and has a great confirmation whatsoever. Based on EW perspective, I see that the period between September 5th, 2019 - November 12th, 2019 was the A corrective wave in bigger cycle. And with this fact, we can easily see that the A wave has formed a type of Falling wedges or usually known as a leading first wave diagonal. Usually, after this action, we will see the B wave that correct the action of A wave in this market cycle and the B wave could spike to the upside that moves align with the golden pocket zone. But, other than that, we must consider the 70% level as a strong resistance for this dominance structure. with the price of bitcoin has a potential to touch again $8000 region, I do believe this dominance will have the similar spike as bitcoin has. The higher dominance level of bitcoin means the higher money inflow of the bitcoin and if more money inflow occur on bitcoin, we will see the demand spike comparing with the number of supply of bitcoin which will affect the increase of the price on bitcoin.
CRYPTOCAP:BTC.DEducation
by julio24albert