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Dominancebtc

Which direction should Bitcoin Dominance take?#Bitcoin Dominance 1D chart; The white trendline starts from January 2015 and continues to the present day with a peak in January 2021. It managed to rise above the trendline with strong momentum. A decline will surely come, but it is too early for that. So why not now? In order for the decline to begin, the necessary infrastructures must first be formed. One of them is the RSI mismatch. There is no decline at the moment. Pay attention to the levels I have circled in red circles; the first one is a strong resistance level, the other is OB resistance. My opinion is that we can see a rise at least until the OB region.
CRYPTOCAP:BTC.D
by ugurtash
USDT.DOMINANCE 1DAY CHART UPDATE !! The 21-day moving average acts as resistance indicating that the price needs to move above this level to regain bullish momentum. If USDTD breaks below the support trendline of the rising wedge and drops below the Ichimoku Cloud, it would confirm the bearish trend. This scenario would likely correspond to a bullish move in the broader crypto market, as USDT.D moves opposite to major cryptocurrencies like BTC and ETH. USDT.D could continue to consolidate within the triangle formed by the rising wedge. This would involve sideways movement with possible minor fluctuations, indicating uncertainty and a lack of strong directional bias. Less likely given the rising wedge pattern, a sustained move above the 21 MA and sustaining above the Ichimoku Cloud would signal renewed bullish strength for USDT.D, potentially signaling a bearish trend for the broader crypto market. Bearish Indicators: A potential breakdown below the rising wedge pattern and the Ichimoku Cloud indicates a bearish outlook for USDTD. Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
CRYPTOCAP:USDT.D
by CryptoSanders9563
BTC.D looking to decrease -> Altcoin Run until the end of 2024- Yearly range provided a reversal point with a clean market strcuture shift to the uspide, which price bounced off from to the 50% of the range. In range trading we call this take profit nr 1. - Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range. With the expectation to drop into the fvg, altcoins should witness a push to the upside until the end of the year 2024. Afterwards we are expecting a rapid upmove of BTC.D to target 2 until the year of 2027, which would result in altcoins bleeding out. This idea gives us a great confluence with the TOTAL3 chart analysis, which we published before. You should have a look at this as well. (www.tradingview.com)
CRYPTOCAP:BTC.D
by SerenityEquity
Market update: Relief or more Dump?USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close above the red zone. dyor, nfa Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
5
Bitcoin (BTC) dominance for 2023-24Bitcoin (BTC) dominance is a metric that expresses the percentage of the total market capitalization of cryptocurrencies represented by Bitcoin. This value has a significant impact on the development and value of altcoins - alternative cryptocurrencies that stand in the shadow of Bitcoin. In this article, we will focus on the relationship between BTC dominance and altcoins and how the increase in Bitcoin dominance can affect the price of altcoins. The relationship between BTC dominance and altcoins is often considered to be opposite. When BTC dominance increases, altcoins lose value and vice versa. This phenomenon is associated with the so-called "altseason", when altcoins experience a period of growth and investors' returns significantly exceed returns from Bitcoin. In the coming period, it is expected that BTC dominance may increase significantly, which could have a negative impact on the price of all altcoins. This can be caused by various factors, such as the adoption of Bitcoin by institutional investors or increased interest in BTC as digital gold. Given the expected increase in BTC dominance, it is important to invest wisely. Investors should consider diversifying their portfolio, which means investing in multiple cryptocurrencies and/or traditional assets such as stocks, bonds, or real estate. This way, they can protect themselves from a possible decline in the value of altcoins due to increased Bitcoin dominance. In conclusion, understanding the relationship between BTC dominance and altcoins is essential for cryptocurrency investors. By keeping an eye on these metrics and adjusting their investment strategies accordingly, they can potentially minimize risks and maximize returns in this rapidly evolving market. As BTC dominance is expected to rise in the near future, smart and diversified investing becomes more crucial than ever.
CRYPTOCAP:BTC.DLong
by Bitcoinblockchainonline
3
Best time to Buy alts - Life time opportunity The uncertainty lies in how the price will respond, as historical halving have seen varied reactions. Often, the price has dropped, but sometimes this decline occurred several months prior to the event. Currently, the price is testing monthly support levels. Technically, there is limited potential for downward movement, given the heightened demand due to ETF involvement. This is my perspective on the current price action; shorter time frames offer little insight, while the monthly timeframe presents a broader view. Over the past few weeks, many trades have been invalidated due to the lack of movement in altcoins. This situation persists. Since we are trading altcoins, I'm providing two charts to assess their status: - Chart displays higher time frame resistance at 57.5. - If manipulation occurs due to the halving, we might see the price tap this resistance and then begin to decline. Consequently, altcoins may experience a minor drop followed by a significant increase. The chart indicates a rising wedge, signaling an uptrend in BTC dominance. A breakdown from this pattern would suggest the beginning of a bull run. The question remains: when will this occur? The answer is elusive as timing cannot be accurately predicted. However, in my view, the timing seems imminent, particularly after the halving event. With the halving, the demand for BTC is expected to surpass its supply, thereby driving prices higher. I anticipate that our positions will soon experience significant gains. Brace yourselves for challenging times and prepare for volatility. Avoid significant losses before the anticipated bull run.
CRYPTOCAP:BTC.D
by Crypto-Adda_Official
CRYPTORE REVOLUTION: BTC.D - ALTS RUNNING FOR POWER📣 Hello everyone! Since 2017, the full picture on the Bitcoin dominance index chart has remained incomprehensible to me, at least because of the short history. Now, 7 years later, for myself today I clearly understand that the trend on the BTC.D index is clearly downward, and all upward rollbacks are corrections to a long-term downward trend. I believe that a global triangle is forming on the Bitcoin dominance index chart, which will be broken down and Bitcoin will begin to rapidly lose its dominance. The 20% target could be achieved by 2027. ⚠️ Think for yourself, decide for yourself - good luck in making independent trading decisions and profits ✊ Goodbye!
CRYPTOCAP:BTC.DShort
by AnonymousTraderAcademy
📈Checkout the dominance, AltSeason is close!📉CRYPTOCAP:BTC.D BINANCE:BTCUSDT There are two scenarios for the start of a bullish rally in altcoins. Scenario 1: If Dominance fails to break above the 53.35 level, it will move towards the bottom of the pitch-fork. In that case, we will have a short but relatively intense and exciting rally in altcoins. Second scenario: With Dominance stabilizing above the level of 53.35, the rise of Dominance to the level of 57 will cause Bitcoin to continue its rally and test the level of $70,000 and above. Further, by placing Dominance between two blue resistances and even falling to the bottom of the pitch-fork at the same time as Bitcoin stabilizes at around 65-70 thousand dollars, it can involve altcoins in a longer-term rally than the first scenario. Note: This week, after a short period of time when I had little analytical activity on this page, I plan to introduce and analyze my suggested altcoins in this rising market. We will have fun plans soon. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
CRYPTOCAP:BTC.DShort
by CrazyS
Bitcoin Dominance: A Decline on the Way?The market capitalization dominance of Bitcoin, measured in percentage, has continued to behave as anticipated. We've seen an increase and have now ostensibly formed a Wave ((a)), with the current phase being the formation of Wave ((b)). This Wave ((b)) is expected to reach between 100% and 138% of the previous movement. We have almost reached the 100% mark. It's important to remember that these figures don't need to be exact to the percentage point or, in the case of stocks, to the cent, but it's reasonable to expect that Bitcoin's dominance could now decrease. As for Bitcoin, we're likely to see a five-wave downward movement. If market prices rise in the meantime, the altcoins should outperform Bitcoin, though a correction across all currencies is expected before any further upward movement. Once Wave 4 in Bitcoin's dominance concludes, we may see an increase in dominance again, indicating a shift in market dynamics.
CRYPTOCAP:BTC.D
by stromm
2
BTC Dominance Analysis: Potential BreaksTraders, Here's a snapshot of BTC dominance and its implications: Resistance Zone: BTC dominance is encountering challenges breaking above the 55% resistance zone. Altcoin Strategy: Any breaks below the trend line signal a need to add more altcoins to our portfolio. Risk Management: Exercise caution and monitor the general trend of BTC to mitigate potential losses. Super Bullish Run: It's worth noting that the super bullish run may come to an end around the middle of next January. For detailed insights, refer to related posts. Stay informed and trade wisely! Best regards,
CRYPTOCAP:BTC.D
by AliSignals
Complete analysis of Bitcoin DominanceHello friends I hope you have made the most of Dominance Tether analysis. (be sure to read the previous analysis) Usually, on important days, the market maker does everything to create fear and make people excited (even disabling Instagram, Meta and Facebook) in order to collect liquidity and throw the unruly and careless trader The shake-hands out of the market. To complete the viewpoint and identify the important time ranges (change of bitcoin status from bullish to bearish) and altcoin party time, we come to Bitcoin Dominance. As you can see, it is about 3 months that the chart is moving in the range of 53-55%. There are several important reasons for Bitcoin's dominance to decline. 1: Approaching the long-term downward trend and negative RSI divergence in the daily time frame. 2: I explain with a simple example, the upward trend of the chart is like a stone that is thrown upwards, its acceleration gradually decreases and creates a curve, this indicates the weakening of the upward trend of Bitcoin. Now it has to correct some of the upward path so that it can attract liquidity again and gain momentum Time analysis: Breaking or touching the floor of the current range (yellow box) will start from March 10gh to 11th, which will probably cause the market to floor, the exit of the shake-hands and the re-entry of investors for the altcoin party. The next range (blue box) 48.90 to 50.50% continues for 1 month to 40 days, which causes the main altcoin party. May 10th to May 13th (white dashed line range) is one of the most volatile and determining market ranges, which will probably witness the continuation of Bitcoin falling to the range of 44,000 and break of the support of 48.91 to 47.62. If the structure of the time lines is changed, the analysis will be updated. Inform me of the currencies you want to analyze (in the form of a road map). I would be happy if you share your opinion with me. Give me energy by liking and following me.
CRYPTOCAP:BTC.DShort
by Sadegh_Sh
17
BTC.D probabilitesdespite that long ter pas from my latest analysis about Dominance , all the lines and analysis have been done over 1.5 years ago at the time that crash happened , I followed the money follow at that time on the price chart and find the probable demand and supply areas on dominance which worked well till now , and as you can see the reactions on each line was accurate , but this area that we are facing now is very important , breaking the yellow diagonal line could lead dominance over 55 and it can reach to 58 % which is very important factor in crypto market , this could cause a huge crash on Altcoins (on /btc pairs) and could cause a unrecoverable damage to their value against BTC. and the vise versa exactly can be considered , the fall of dominance from this stage could give the alts a huge pump (considering the money that flowed into crypto market lately almost half a Trillion $) that caused this pumb. so we need to be alert about each situation . this idea need to be update by some other related charts (Total and Total2 along ETH.D ).
CRYPTOCAP:BTC.D
by ZorgOros