#BTC.DI think it should be hoped that
the roof of the yellow channel
can stop it and
maybe lead to the bottom of the yellow channel
BTC.D trade ideas
Bitcoin Dominance Expecting Ready to Take OffAfter wedge form created and breakout then last week dominance successfully retest, I can say we would see dominance will go to 63%-64% based on wedge formation
BTCD volatility increases as it heads upto resistanceWe are now in BTC.D resistance zone.
If pushes through, as it has of trendline, we will continue seeing alts underperform against BTC. Worthwhile keeping your eye on BTC pairs. BTC is printing a breakout pattern so this is likely to happen. It is the king after all.
Having said that, this is quite a significant resistance zone so it may reject here which will mean alt season. Expect BTC-ETH-ALTS cycle!
For now i don't have a crystal ball so don't know which way it will go but safest waiting for confirmation candle on a higher timeframe before taking position in ALTS.
Bitcoin's Final Push: Altcoin Rotation LoomsBitcoin dominance seems to be nearing its peak, but as with every end, we often see one last strong push.
It’s clear that only specific coins are currently outperforming Bitcoin, so I suggest continuing to focus on those until January/February. I believe Q1 will bring a massive rotation of capital into altcoins.
Just remember: most Bitcoin dominance tops tend to come after strong surges. So, I expect Bitcoin to continue climbing before we start calling the top.
If, by some chance, dominance hits 72%, I’ll be shifting the majority of my BTC stack into altcoins.
Converging BB Levels with MCAs we see, BTC.Dominance is ranging, with Bollinger Bands (20,2) converging. this means a breakout is imminent! And if it breaks the LTP, this means alt-season is on!
So, wait until MC confirms.
Bitcoin Dominance Strong! CRYPTOCAP:BTC.D Where is the Imbalance ? How much higher MARKETSCOM:BITCOIN
BTC price up - BTC dominance down = Altcoin seasonThe BTC price can go up to probably $ 120.000. The BTC dominance can go further down the comming weeks back to around 53%. When BTC price goes up and BTC dominance goes down, Altcoin prices tend to increase faster than BTC what gives potentially higher returns on investments.
BTC.D UPDATE Clear rejection of the 0.618 on the 2 DAYS ,alts bottom could be in boys!
Thank you for reading.
My thoughts are giving me no peace with this idea 2 I've updated my expectations regarding the altseason after reviewing the statistics. I believe the growth of altcoins will happen in two phases: first, a drop in Bitcoin dominance to 40%, followed by a recovery to 45-50%, and then a crash below 30%. I'll share any updates if I make any fixes. The scenario is invalidated if dominance rises to 65-70%
altseasonsome alt traders waiting for this to dump your long wait is over tom if it close as bearish enguling expect some btc funds to trade a lot of btc pair load your bags with your favorite alts..
ultra-fast altseasonI have a hypothesis that this altseason may be significantly shorter than the previous ones.
Everything will fit in 1 month
Conditionally, December 9 may be the end of the altseason, it is necessary to leave when approaching the dominance of 45%
The hypothesis is based on the fact that the altseason corresponds to the altseason according to the fiba of 0.618
Plus, the "tilt angle" (speed) increases with each cycle.
So, perhaps, there will be an indecent lot of people on the departing train waiting for the junction in 2025.
BTC DOMINANCE After a Trump victory the markets are booming, a new BTC ATH pushed bitcoin dominance to new local highs of 60.6%. Now we've seen a decent retracement on the daily candle and BTC is still in price discovery. This indicates to me that we have an altcoin resurgence on our hands, returning confidence in crypto and the green light for crypto support by America is a very important to this current rally.
I could see BTC dominance dropping to 59.5% before any continuation (bottom of the trend channel) higher and that's not particularly from a BTC selloff although that is possible as a SFP, but more likely is just BTC staying where it is and altcoins making up some ground.
RSI has dropped out of the oversold zone with this daily candle, a cool off is eventually inevitable as long as price stays flat while RSI cools it's very bullish.
A lot of that altcoin move needs to be from ETH imo, with BTC @ ATH Ethereum is 72% away from ATH... A massive difference and one that should close up going into Q1 2025.
The standard process for a crypto bullmarket is:
BTC --> ETH --> LARGE CAPS
--> MID CAPS --> SMALL CAPS
So far we're clearly still in the BTC phase, keeping a close eye on the ETHBTC chart to see if the momentum shifts towards Ethereum but that doesn't seem likely until next year at the earliest.
BTC dominance regaining strenghIn lower time frame, it looks #bitcoin #btc dominance is about to make a bounce after the recent short term dump.
Bitcoin weekend updateA small video of bitcoin on how it goes this weekend, as showed yesterday, bitcoin will distribute on the weekend...
Good luck
Altseason is closeLast one before sleep, we’re going into an altseason in only 2-3% dominance change . It wont be very big but it deffo helps alts to breath again and live . In the last ta i gave you two scenarios which the second one took place and here we are at 60% and I’m kinda sure about hitting resistance and pulling back for a while .
Will keep you updated .
BTC Dominance Transitioning from a range-bound market to a trending one:
EMAs and other indicators can stay highly overextended for longer than usual without signaling an immediate price retracement.
We expect any upcoming pullbacks to be relatively shallow.
BTC DominanceWe're approaching a crucial level in the market. While I can't say for sure this will be the peak, we're definitely getting close. Sentiment is low, frustration is high—clear signs we're hitting a psychological resistance point.
Altcoin Season is Inevitable in CryptoWelcome to the 2024 Bull Market Rally!
Altcoins are primed for a major breakout soon. The key is whether BTC dominance (BTC.D) drops from its current level around 60.41% or pushes up to 61.40%. If BTC.D falls below 59%, we’re likely to see the long-awaited altcoin season take off!
BTC dominance reveals how to navigate crypto cyclesHello everyone,
this one is for patient (long-term) traders/investors, not for those chasing daily gains or short term swings.
We are looking at BTC dominance chart. BTC dominance is currently at 60%, which is pretty high.
Everyone who follows cryptos for some time should know how crypto cycles work. BTC is king and always leads the way. BTC if the first one to start the bull run, altcoins follow. When BTC is near its peak, money transfers into ALTs --> start of ALTSEASON.
The first peak of altcoin season was January 2018. BTC dominance was at 35%. After Jan 2018 we went into a bear market. BTC dropped in value, ALTCOINS dropped even more. Consequently, BTC dominance went up.
BTC dominance reached top at 74% in Jan 2021. That is when ALTSEASON started.
THIS DOES NOT MEAN THAT BTC REACHED TOP in Jan 2021.
BTC rose from 40k to 70k between Jan 2021 and Nov 2021, but ALTs in this period made bigger gains.
BTC dominance in this period plummeted from 74% to 40%, creating a base for future.
From Jan 2023 BTC has been rising and increasing its dominance, currently sitting at 60%. I am positive it will not break high of Jan 2018. Next strong resistance is in the area of 64-67%, I expect dominance to reverse in this area.
BTC has already made a new ATH, but total crypto market space is not at an ATH yet. So ALTs are lagging in comparison to previous cycle.
I believe we are at the start of ALT season and I will be looking into ALTs for my last gains this cycle. Check my other posts to see which ALTS I am considering. I will also be posting some other ALTs in coming days/weeks, so subscribe to stay notified.
Good luck to everyone.
BTC.D Dominance exhaustionThe BTC.D has managed to maintain its rising wedge, and looks to be breaking to the upside and retesting the rising wedge.
Bearish Divergence is evident, but how long can it keep up this momentum?
With the elections seeming to be coming to an end, there is a lot excitement from the crypto rules that trump has promised.
Ive noticed a trend where structures tend to fake out one way before going the traditionally predicted way - ie the rising wedge usually breaks to the downside.
With the change in politics to Trump means there is a lot of excitement because of the promises Trump made.
This should lead to an extended risk on period for BTC
But FOMC could throw a curve ball
$BTC marketcap critical point, signaling the alt season coming.CRYPTOCAP:BTC has reached a critical 60% dominance level, which in the past has often signaled the start of an alt season. While history doesn’t always repeat itself, several other indicators confirm this signal:
- Stochastic RSI is highly overbought
- Bearish divergence
- MACD is also in overbought territory
Based on my analysis, altcoins are likely to see some relief in November, potentially pumping and outperforming $BTC.
