Dominancebtc
Dominance BTCBTC dominance is the percentage that BTC occupies within the market cap of the crypto market. The fall in dominance does not mean that the price of BTC will fall, it indicates that altcoins will rise! Dominance is in a bearish channel and has just lost a powerful support at 40. Is an altseason coming?
Altcoins Bloodbath Coming Soon..?#Bitcoin Dominance chart:-
#BTC dominance weekly Chart looking Dominance at bear Bottom Level.
Which is Not good For Altcoins in BTC Pairs.
We can see Strong bounce before one more Down.
Support:- 39%
Resistance:- 48% / 58% / 71%
Imo Altcoins will bearish in Coming Weeks/Months in BTC Pairs.
If You are trading Altcoins in BTC Pairs then wait Long for Best Entry.
Now Max BTC Pairs Altcoins near about ATH so Keep an eye that will be big Dump in coming days.
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Bitcoin Dominance UpdateIt looks like Dominance has broken all the hearts that believed in a huge alts rally!
Bitcoin Dominance (Tradingview) bounced from near the 40% area and it is expected to continue with bullishness, that too with Inflation data release waiting up tomorrow.!
Entry : 1326
Target : 1473 (0.5 of Fibo)
Stop : 1243 (Current day candle low)
Total no. of Analysis : 18
Successful trades : 12
NPNL : 3
Stop Hit : 2
Lost : 0
In Progress : 1
Bonus target is 0.618 of fibo ( 1557 ) in a worst case scenario.
Safe trading!! Cheers!!
Bitcoin Dominance Update ( Altcoins Blood Bath Coming Soon ? )#Bitcoin Dominance Chart:-
$BTC Dominance currently trading at 40% Level.
Very Close to Altcoins Top in BTC Pairs.
So Guys Ready to Exit Altcoins in BTC pairs.
Soon Big Dump coming in Altcoins so Open any trade with Proper risk Management.
I am expecting Dominance bounce from 38%-40% Level.
And Next Resistance is 50% Level mean if Hit 50% Dominance Level then altcoins Will dump 50% from Current Price.
And If you not exit from Altcoins in BTC Pairs then You will get Next Chance in 2025-2026
I am Not Talking about Altcoins in USD Pairs.
Still Altcoins may test New Low’s.
Happy Trading.
Support:- 38%
Resistance:- 50% / 58% / 66%
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BTC Dominance ! Weekly chart (altwinter is coming in next weeks)as you see in the picture btc dominance is in a reversal zone and soon moneys from alt coins will transfers to btc
so its more logical to trade on btc , altcoins winter is coming ! ( not all of them but most of them )
dont forget that its weekly chart movements are super slow
GODBLESS
USDT Dominance at decisive point. Here's what to expect Next!!Understanding Dominance:-
USDT Dominance is inversely proportional to market movements.
If it dumps the market will pump and vice versa.
Technical Analysis:-
As we speak the dominance is approaching the resistance zone consisting of two trendlines intersecting each other.
This happens to be an important point for the market.
Remember if you zoom out, a break and close above this channel will result in more dumps in the market.
Whereas if we break the lower support, the green zone. BTC can rally towards $22k again.
Keep in mind we are stuck in the range of $18.5k to $20k.
CONCLUSION:- This last quarter is likely to be bullish IMO so sooner or later, am expecting this range to break to the downside.
Do your own research, this is not financial advice.
If you find this update helpful, Hit the like button and share your views in the comment section.
Thank you
#PEACE
Altcoins Blood Bath Coming ..? ( Bitcoin Dominance Bullish )#Bitcoin Dominance Chart Analysis:-
#BTC Dominance currently trading at 40.87%
Last Post I told You 40% will be Reversal and same Happened.
Now I am bearish on Altcoins.
We can see Bitcoin Dominance 50% in few weeks.
And BTC pairs more down from this level.
I personally Expecting 30-50% more down Altcoins from here.
BTC Dominance is inverse Proportional to Altcoins. ( BTC pairs )
Resistance:- 50% / 58% / 66%
Support:- 39%
A very interesting point.Hi! As you can see, strong candle of dominance pushed away from both the support and resistance lines.
All indicators I need are pointing to a hike to the upside. I still consider the most important point of this move to be 51%.
I am ready to say anything on the other targets only after it reaches this point.
Total market cap following the planIt's fun to go back to chart I haven't seen in months and see that my TA has played out like I thought. Here you can see the first trendline I drawed on this chart (in yellow) and then at the retest I saw the H&S.
By book the retracement should end around 360Bil USDT but I think this will stop around 550Bil USDT (cyan dashed line).
Here you can see TOTAL2 (w/o BTC market cap) and TOTAL3 (w/o BTC and ETH market cap) on which I had a channels which broke down.
Eventually there'll be a time to buy heavy but I don't think this is the time yet.
Keep up and short what you can!
#BITCOIN DOMINANCE 2DAY UPFDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC.D UPDATE:-
BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing sideways behavior, that would be a bullish sign for ALTS, if BTC moves sideways or move upward.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
The Zigzags of DominanceThe bitcoin dominance graph looks very strange.
I think the reason for that is that a huge number of hands bought Ether hoping that Ether 2.0 itself would immediately pump up its price.
That's why everything looks so unnatural, it's hard to predict anything. We have a candle and some divergence. It should start to rise.
Bitcoin Dominance Technical Analysis ( Altcoins Bloodbath )#Bitcoin Dominance Technical Analysis:-
As Per Daily Chart Bitcoin Dominance is Bullish IMO.
BTC Dominance Bullish = Altcoins Bearish
Now I am expecting if Dominance Pump from here then Big Down relly of Altcoins in next couple of days.
Next Resistance is 48.50%
If Dominance hit 48.50% Level then we can see Altcoins approx -50% drop from here.
Keep an eye on 40% Level.
This is very strong support.
If Dominance Move Upward side then Don’t try to Open any Long Positions guys.
Support:- 40%
Resistance:- 48% / 58% / 66%
Bitcoin Dominance Chart Update ( Altcoins Soon Big Dump ..?)#Bitcoin Dominance Detailed Technical Analysis :-
$BTC dominance currently trading around 40.66%
Which is very Bottom area of dominance.
39.60% Level is Strong support level.
If Bounce from this Level then Best Strategy is Exit From Altcoins.
$BTC Pairs Will dump hard if Dominance Increased and If BTC pairs Dump then USDT pairs also Dump.
Now..?
I am exiting Some Altcoins in Huge Profit which I bought at Bottom.
Strong support:- 39.50%
Resistance:- 48%
I will Update more time to time.
Thank you.
Bitcoin dominance. How does it affect the cryptocurrency market?#BTC #altcoins #dominance #education
▪️Bitcoin dominance index - is an indicator that indicates the ratio of bitcoin capitalization to the capitalization of the entire cryptocurrency market.
▪️How does btc dominance affect the market? - When the dominance of bitcoin falls, altcoins begin to rise - this is called the alt season!
▪️Now the dominance is at its minimum values, which means that it will soon begin to grow! Altcoins will be weak during this period of time. Bitcoin may reach $30,000 and go for a correction. So far, these are my thoughts for the near future!
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Dominance is at Critical PointHello ,
I would like to highlight that Dominance is at Critical Point.
It completed its Narrowing Wedge ,and there is also a resistance at 40.90 level.
From this point , if BTC grows higher and Dominance stay stable or go higher , alts can start to pump and go higher.
But if BTC goes down and dominance start go higher from resistance level , it means money will start to leave alt coins.
We shoud be cautios and should be following BTC Dominance
Disclaimer : This post is just for educational purposes , it is not a financial or trading advice. Please decide your own trading decisions with your own risk analyse.
Using BTC Dominance With Current Bitcoin PriceSome people monitor bitcoin price along with bitcoin dominance to help them make trading decisions. Although they are not iron laws, here are some potential outcomes that various combinations of BTC price and dominance may be indicative of.
1. When the price and dominance of BTC are rising, it could signal a potential bitcoin bull market.
2. When the price of BTC is rising but BTC dominance is falling, it could signal a potential altcoin bull market.
3. When the price of BTC is falling but BTC dominance is rising, it could signal a potential altcoin bear market.
4. When the price and dominance of BTC are falling, it could signal a potential bear trend for the entire crypto market.
5. While these two factors do not imply a definite bull or bear market, historical observations suggest a correlation.
Domination has become very capriciousSo, let's look at 12H chart.
It's no fun.
There were all three EMA crosses, the candles are under the tenkan and under the kijun.
The rejection from diagonal.
I expect a retest of the ~41.5 level.
From there up movement will resume.
But pay attention, BTC dominance is falling now, but the altcoins are slowing down, because the bitcoin will very probably break 20000 down.
In addition, we have a whole bunch of bullish divergences. There is bound to be an episode of bloody altcoin dump.
You know, one of those ones where it's down 25-40% of the price in one day.
Divergence will provide that.
But later.