Bitcoin Dominance - Falling Wedge Broken - Altseason is here #BTC.D (Bitcoin Dominance) #Analysis
Description
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+ Bitcoin dominance has formed a nice falling wedge pattern and support is broken successfully.
+ This was the moment that everyone was waiting for, in 2025 we are gonna see a huge bull run, greater than last bull run.
+ Falling wedge is a bearish pattern and the dominance has successfully broken down from the wedge and heading towards the next support at around 39% (This is gonna be a the peak of the alt season)
+ 2025 jan will be huge for altcoins.
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Enhance, Trade, Grow
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VectorAlgo
BTC.D trade ideas
BTC.D has not topped out yet!Everybody is convinced that BTC.D has topped comparing it to arrow number 1.
What if we should compare it to number 2?
Overall movement direction is UP, not DOWN as it was in 2020.
BTC.D found support on 50MA and formed hidden bullish divergence on RSI.
63-70% dominance is levels to watch
Alt season is just around the corner#BTC.D #Analysis
Description
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+ Bitcoin dominance had an unsuccessfull breakout from the resistance line.
+ dominance is around the resistance zone and now it is headed in the right direction
+ a drop in the bitcoin dominance will push the altcoin prices higher
+ if the dominance is headed in the right direction we can expect a altseason soon.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BTC.D Analysis: Retest of Key Area Highly LikelyBitcoin Dominance Looking
Bitcoin dominance looks very strong but BTC has entered the range. So I think dominance may follow a calmer course for a while, a few coins that have separated from the herd may make good moves in these few days, but it is too early to claim that the general atmosphere is completely bullish, because SP500 seems to be making a deep correction and is giving signals of this. I do not buy anything during the New Year, and I will not buy, but then I will spend all of these corrections with buying because I believe that 2025 will be good.
A retest of this area in BTC.D (Bitcoin Dominance) seems very possible based on current market behavior. This level holds significance as a potential reaction zone for further movements.
Also, I see no point in saying that this view of dominance supports the blue box analysis I shared here:
Because when BTC goes down to blue box we will see an upside move on dominance then we blue box of dominance chart will support the price, we will see an upmove on both.
Key Points:
Current Setup: BTC.D is approaching a critical area of interest.
Retest Likelihood: Market dynamics suggest a probable revisit to this zone.
Focus: Monitoring the reaction at this level for future directional clarity.
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I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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Let me analyze BTC.D FOR Q1 2025 TO YOUChart showing Bitcoin market cap dominance:
Key Technical Observations:
1. Current Trend Structure:
- The chart shows BTC dominance was in an upward channel (marked by yellow parallel lines)
- Recently broke down from this channel, suggesting a potential trend reversal
- Current dominance level is around 58.04%
2. Price Pattern Formation:
- The chart forecasts a potential declining pattern ahead marked by white curves
- Labeled as "LAST RE-TEST BEFORE ATLS" suggesting this could be the final retest before a significant move
3. Support Levels:
- There appears to be a key support zone around 55% (marked by purple horizontal boxes)
- The projection suggests a possible drop toward 50% level
4. Future Projection:
- The white wavy line suggests increasing volatility with lower highs and lower lows
- Final projection points to a sharp downturn (purple curved line) heading into January 2025
Trading Implications:
- The breakdown from the upward channel could signal weakness in Bitcoin's market dominance
- Traders might want to watch the 55% support level carefully
- The analysis suggests preparation for increased volatility and possible further decline in BTC dominance
Keep in mind that this is technical analysis and projections may not play out exactly as charted. Always use proper risk management in trading decisions.
💡 Trading Recommendation:
Monitor price reaction at 55% support - crucial level for maintaining bearish thesis. Consider risk management strategies around projected volatile moves.
Return Of The Alts Season. Wait For It!Macro scenario shows falling RSI for Bitcoin Dominance , BTC.D . We may be welcoming a return of the Alts Season that seemed to go on a pause when CRYPTOCAP:BTC went to 92k.
I foresee a near support level where it will bounce a bit, hit a near-resistance and continue downward. The overall daily trend is already bearish.
Some major alt coins have completed their correction and can't wait to go parabolic. Coins like CRYPTOCAP:DOGE , CRYPTOCAP:LTC , CRYPTOCAP:SOL and others.
See d rawings on the chart it's as clear as day!
Comment and like if you disagree. Merry Christmas 🎄
BTC.D Chart: A Bullish Signal for Altcoin HoldersRight now, I can't find a better example of a rising wedge breakdown and retest on the weekly timeframe than on the BTC dominance chart. This is incredibly promising for anyone holding altcoins
Six months to glory for our alts !!
ETHBTC to the moon in Q1
Bitcoin Dominance: Cycles and Post-Halving 2024 ForecastAn analysis of BTC Dominance in the context of market cycles and halving events. The chart highlights historical patterns of dominance decline following Bitcoin price peaks, which occurred 17 months after each halving. The outlined scenario suggests a potential return to key support (~41%) before a rebound.
Will history repeat itself? Let’s watch how upcoming market events shape BTC Dominance dynamics heading into 2025.
Bullish on Gala: My Updated PerspectiveWhen it comes to trading, my priority is always to protect my capital. If I have doubts, I don’t hesitate to step out of the market. As anyone in crypto knows, this space is notorious for wiping out gains quickly, and my focus is on preserving mine.
That said, today’s price action gave me the confirmation I needed to re-enter Gala and turn bullish on the altcoin market. Before diving into the factors that shifted my outlook, let’s revisit the concerns that initially kept me out:
Bitcoin’s bearish outlook: I feared it could drag down Gala and other altcoins.
Bitcoin dominance potentially invalidating my 0.618 Fibonacci theory.
High stochastic RSI on the weekly chart with a bearish crossover.
Now, let’s break down how today’s developments allowed me to rationalize these concerns and form a bullish bias for Gala and altcoins. I’ll also share additional confluence factors at the end.
1. Bitcoin’s Bearish Outlook: Will It Drag Down Gala and Alts?
Today I posted a detailed analysis on 'BTC Dominance' (please check it out for more context), but here’s a summary: In 2021, Bitcoin experienced a similar scenario, leading to a 31% correction. My outlook on Bitcoin remains bearish in the short term, but today’s price action made me consider a key question: How did altcoins react when Bitcoin dropped 31% in 2021?
Interestingly, during that period, the total market cap of altcoins expanded. This makes sense because funds tend to flow out of Bitcoin into altcoins, explaining why alts can rally even as Bitcoin corrects. We saw a similar dynamic today when Bitcoin dropped to GETTEX:92K with almost no impact on altcoins. This suggests a potential decoupling between BTC and ALTS, which reduces my concerns about Bitcoin dragging down the market.
2. Bitcoin Dominance: Does It Invalidate the 0.618 Fib Theory?
In November, Bitcoin dominance rejected at the 0.618 Fibonacci level, much like it did in 2021, signaling the start of an alt season. Recently, however, dominance surged upward, leading to a temporary altcoin pullback. My concern was that if dominance surpassed 0.618, it would invalidate the theory.
Today, dominance took a sharp dive, which has significantly strengthened my confidence in the bullish case for altcoins. This price action supports the idea that we are indeed on the verge of an alt season.
3. High Stochastic RSI on the Weekly Chart: A Lingering Concern
To be fair, the stochastic RSI on the weekly chart remains elevated for most altcoins, with a bearish crossover. However, recent market movements have caused it to come down slightly. While this isn’t ideal this is my only lingering point. The monthly and daily charts show a bullish stochastic RSI, which offsets some of my concerns. Admittedly, this is the one area where I wish conditions were slightly more favorable, but it doesn’t outweigh the stronger bullish signals elsewhere.
For example, the Stochastic RSI is bearish on BTC Dominance which supports a Bullish Stochastic RSI on Gala.
Final Thoughts
With these concerns addressed—or at least rationalized—I feel more confident about re-entering the market. While no setup is ever perfect, today’s developments have reduced my hesitation and strengthened my bullish case for Gala and altcoins. Let’s see where this market takes us! 🚀
What Next
I will hold my trade for the entirety of Wave 3, for those that are not aware each wave consists of 5 impulses I won't be trading the swings. I will be however looking for the top of Wave 3 to exit but I can't imaging that will be for a few weeks yet.
Instead, I will monitor prices at key level's which are as follows -
1. Confirmation of Wave 3 when price breaks 0.066%
2. My first price target is between $0.11402 - $0.13126.
I will provide price updates at those points.
ALTSEASON?Altseason is nearly here, and you can get rich!
You’ll succeed if you do these 5 things:
1. Believe in something
2. HODL through -30% and BUY THE DIP
3. Pay attention to CRYPTOCAP:BTC Dominance
4. Pay attention to the US Macro data
5. Pay attention to Trump policies
The only way to lose is to be indecisive 👇
Bitcoin Domiance Confirms Alt Season is Upon UsI’ve recently been cautious about entering the market due to concerns that Bitcoin’s bearish outlook might drag altcoins down further. My worry was that there could be more downside for alts. However, today’s price action has provided some much-needed clarity—and it’s looking positive.
I shared an idea about Bitcoin dominance bouncing off the 0.618 Fibonacci level back in 2021, which marked the start of altcoin season. Interestingly, we saw a similar setup this November. Bitcoin dominance reached 59.96%, rejected the 0.618 Fib level, and started declining—a promising signal for the start of another alt season. Altcoins initially rallied as dominance fell to 58.03%, but then dominance bounced back up, causing alts to pull back.
What caught my attention, though, was how dominance behaved more recently. On December 22, dominance attempted to climb but topped out at 59.27%—lower than the November high of 59.96%—before posting a notable drop today and setting a lower low today. This is a very positive development for altcoins.
There’s still a lingering concern about Bitcoin’s bearish potential. I’m worried that BTC could revisit its previous all-time high, experiencing a 31% correction down to $73,000. This aligns with historical data from 2021, when Bitcoin saw a 31% drop after dominance hit the 0.618 Fib level. This scenario remains on the table.
However, what I hadn’t fully considered until now is how the altcoin market behaved during Bitcoin’s correction in January 2021. When BTC dropped 31%, the altcoin market surged as illustrated above. This indicates a decoupling effect, where money flows out of BTC and into alts, fueling an altcoin rally even as Bitcoin corrects.
We saw a similar dynamic today. When BTC dropped to $92,000, it had little to no impact on the altcoin market. This decoupling reinforces the idea that altcoins can thrive even during Bitcoin’s downturns.
With these patterns playing out, I’m now confident that we are on the verge of—or already entering—altcoin season. 🚀