DUMP BTC and buy alts??My file coin is getting some love rn.
Huge price swings to come for many cryptos. I don't believe that this is the top for bitcoin but i could be wrong.
NOT FINANCIAL ADVICE!!!!!!
BTC.D trade ideas
Bitcoin Dominance: A Key Indicator for Altcoin SeasonIn the intricate world of cryptocurrency, where trends shift rapidly and market dynamics are ever-evolving, Bitcoin dominance stands as a critical metric, offering insights into the broader sentiment and capital flow within the digital asset space. Recently, the narrative surrounding Bitcoin's dominance has taken a noteworthy turn, stirring discussions about potential shifts in market behavior and the rise of alternative cryptocurrencies, or altcoins.
Since September 2022, Bitcoin dominance has been on a journey, reflecting both the resilience of the pioneer cryptocurrency and the growing interest in alternative digital assets. However, recent developments have caught the attention of traders and analysts alike, as Bitcoin dominance breaks free from its bullish channel, signaling potential changes on the horizon.
The significance of Bitcoin dominance extends beyond mere numerical value; it serves as a barometer for investor sentiment and market trends. When Bitcoin dominance decreases, it often indicates a redistribution of capital within the cryptocurrency market, with funds flowing towards altcoins. This phenomenon, often referred to as "altcoin season," is characterized by heightened activity and enthusiasm surrounding alternative cryptocurrencies.
As Bitcoin dominance breaks away from its bullish channel, traders are closely monitoring key support and resistance levels, seeking clues about the market's direction. Currently, the market is retesting old major support levels, forming a distinct range that could offer valuable insights into future price movements.
At present, the focus lies on testing the upper boundary of this range to gauge potential resistance. Should the market experience a rejection near the red old support zone, it could serve as an additional signal of Bitcoin's waning dominance and the increasing appeal of altcoins to investors.
The implications of these developments are significant, as they could herald a shift in market dynamics and trading strategies. Traders and investors are keenly observing the charts, recognizing the potential for a turning point in the market's trajectory.
While Bitcoin remains the undisputed leader of the cryptocurrency space, its dominance is not static, and fluctuations in this metric can offer valuable insights into evolving market trends. The current scenario underscores the growing diversity within the cryptocurrency landscape, with altcoins emerging as formidable contenders for investor attention and capital allocation.
As Bitcoin dominance continues to navigate uncharted territory, the cryptocurrency community remains vigilant, analyzing market data and chart patterns to decipher the next phase of this ongoing narrative. Whether the current trend signals a definitive shift towards altcoins or merely a temporary fluctuation remains to be seen, but one thing is certain: the era of digital assets is characterized by constant evolution and adaptation, and understanding Bitcoin dominance is paramount in navigating this ever-changing landscape.
BTC.D (BTC Dominance) Top pada kisaran 57%Altcoin memiliki potensi kenaikan (outperform) terhadap BTC
Bitcoin Dominance may Reach this zone by MayBitcoin dominance might reach 58-60% by May 2024, then it could retrace back to 55%, giving opportunity for altcoins to rise.
[UPDATE BTC.D] My vision for the bitcoin dominanceHere's a simple range vision for the next 10 years of bitcoin dominance.
Dominance BTC for 2025-26Idea of Bitcoin dominance by 2025-26
Perhaps this is the last time that Bitcoin will be able to reach 60% to 65% dominance, for future halvings it may be different.
ATH 2025: 80k$ - 90k$
ATH end of 2025 or in 2026: 120k - 140k$
[BTC.D]BTC dominance going dowm = ALTS growingEasy to say what happening.
March 25th's week, seems to be when the tides will shift, and BTC growing again compared to ALTS....
Cheers
alt season started .... BTC.Dbtc.d
Bitcoin Dominance has formed a bearish pattern... it has completed the flag B price action pattern and is waiting for a fall, which will cause money to enter altcoins.
Its target is known in the chart
good luck
mehdi
BTC.D expected to fall upcoming weeksBTC.D finally arrived the last hurdle before the weekly downtrend.
There have been two bounces from the sky blue upward trendline forming a round-top structure between 51~55%.
Now there is no hurdle to 48.6% except some local highs/lows at 50.8% and 51.8%.
The weekly RSI retested the red upward trendline in October 2023 and is still 52.
When BTC.D touches 48.6%, the RSI will be bellow 35, expecting possible bounces.
See Major Alt Rally! Be PreparedBe Prepared! We are going to see Major Alt rally!
As the cryptocurrency market continues to evolve and mature, we're seeing growing excitement around alternative cryptocurrencies, often referred to as "altcoins." These altcoins are any cryptocurrency other than Bitcoin (BTC), which is the most well-known and established digital currency.
The anticipation for a major altcoin rally stems from several factors:
Market Dynamics: Historically, altcoins have experienced periods of significant growth and outperformance compared to Bitcoin. This is often referred to as an "alt season" or "altcoin rally." During these phases, investors flock to alternative cryptocurrencies in search of higher returns.
Technological Innovation: Many altcoins offer unique features and innovations beyond what Bitcoin provides. These can include faster transaction speeds, enhanced privacy features, smart contract capabilities, and more. As new technologies and use cases emerge, investors become increasingly interested in the potential of these alternative projects.
Increased Adoption: With each passing year, more businesses, institutions, and individuals are embracing cryptocurrencies and blockchain technology. This broader adoption leads to increased demand for a diverse range of digital assets beyond just Bitcoin.
Market Sentiment: Sentiment plays a crucial role in the cryptocurrency market. Positive news, developments, and community excitement can fuel bullish sentiment towards altcoins, driving prices higher.
Investor Interest: Institutional and retail investors alike are continually seeking opportunities for diversification and potential high returns. Altcoins offer a way to invest in projects with significant upside potential, especially for those who may have missed out on Bitcoin's earlier growth phases.
While predicting market movements is inherently uncertain, the combination of these factors suggests that we may be on the verge of witnessing a major altcoin rally. As always, it's essential for investors to conduct thorough research, understand the risks involved, and make informed decisions based on their individual investment goals and risk tolerance.
Stay tuned and stay informed as we navigate the exciting world of cryptocurrency together!
Bitcoin dominance: Bull continuationCorrection from 54.40% to 52.8% looks like it has completed completed with a mini divergence in price and volume,
Based on the chart, you can see a 3 wave correction cycle which is WXY has completed, and from here Bull continuation cycle is expected to the new ATHs.
Expect Bitcoin and other tokens or crypto currencies to continue rising.
Two Ideal Scenarios for AltsThe weekly uptrend was lost, it is showing some signs of exhaustion, and may correct soon in a way that could be beneficial to alts.
Scenario # 1 - Bitcoin Dom gets stopped for the 3rd time at 54.1%, and moves down to make a final / higher low above 48.7 (still a lower low from its recent weekly low). Then it turns up hard to break through 54.1 on its 4th attempt after showing strength above 48.7-50%.
- this situation means a more immediate run for alts, but it won't last nearly as long and btc will quickly dominate again.
Scenario # 2 - we see a temporary break above 54.1 that goes near the center of weekly resistance and the bottom of the white diagonal trendline drawn on the chart. It gets rejected here and then follows the same path as Scenario 1 from there.
- alts would have to wait a bit longer to get a slightly longer and stronger run vs. btc before it dominates again.
Note that it is also possible that dominance turning down just means a correction for the market, instead.
Bitcoin Dominance BTC.D in Englisdh and French
Bitcoin Dominance chart ( BTC.D)
It exaplains itself really but the ALT Season, where ETH based and other "ALT Coins" run better than Bitcoin, has historicaly run AFTER the Halving and is shown on the chart as GREEN areas.
These are the 2 main ALT SEASONS we have seen.
After Halving, The Bitcoin PA ( price ) tends to flatten out ( on average) for a whioe..this allows the ALTS to push higher but after a while, the BTC Price beginsd to accelerate.
It will be very interesting to see if this happens again this cycle.
Graphique de domination Bitcoin ( BTC.D)
Cela s'explique vraiment, mais la saison ALT, où les pièces basées sur l'ETH et d'autres « pièces ALT » fonctionnent mieux que Bitcoin, s'est historiquement déroulée APRÈS la réduction de moitié et est affichée sur le graphique sous forme de zones VERTES.
Ce sont les 2 principales SAISONS ALT que nous avons vues.
Après la réduction de moitié, le Bitcoin PA (prix) a tendance à s'aplatir (en moyenne) pendant un certain temps... cela permet à l'ALTS de pousser plus haut, mais après un certain temps, le prix BTC commence à accélérer.
Il sera très intéressant de voir si cela se reproduit ce cycle.
BTC.D : ALT SEASON = Dominance Hi Guys ,
Bitcoin dominance chart shows that it has been in an ascending channel for a long time and after hitting the ceiling of the channel, it is now ready to fall with the change of structure. We can expect a good altcoin season.
SecondChanceCrypto
⏰ 19/FEB /24
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTC.D UpdateBTC.D Update
Pullback from trendline
Bearish divergence
Soon we will approach support level.
Possible pullback from Support.
If we break down support then we going to another support
Set,Ready,GoAltcoin seoson
We are in the important area and BTC dominance will see 47 and altseason is starting
Bitcoin DominanceALT SEASON?
Many Alts have already done very well, and some have outperformed BTC %gains already! 💪
What we want to see is the BTC.D start to cool off. And as of now, the Monthly RSI is at critical resistance at the 60 level.
If price action rejects current level at 54% on the candle chart, ALTS will begin to break out!
Keep an eye on this chart! 🍀
Imminent 40% Bitcoin dominance collapseFor the last 18 months Without Worries has been tracking Bitcoin dominance, the idea is attached below. The above chart is a weekly chart.
Throughout Bitcoin dominance history a weekly life cross print has been anything but life giving. On the last two crosses:
No. 1, February 2017. Alt token market cap grew 52000%
No. 2, April 2020. Alt token market cap grew 3000%
No. 3, this will be the last hurrah before entering a 6 to10 year bear market.
For the 3rd time in history a weekly like cross has just printed. Looking left it is clear a life cross is anything but bullish for Bitcoin dominance.
In addition to the cross there is significant negative divergence. This divergence prints in combination with failed RSI support.
The months ahead are going to be the most rewarding we’ve seen in years. However I do maintain the point of view that not all alt.tokens will run equally in this cycle, such as ETH, LTC, to name a few. Some tokens will achieve 10 to 30x returns whereas legacy tokens will see frustrating returns. Choose wisely!
Ww
Bitcoin Dominance failed to breakout from strong Resistance ZoneBTC.D 💰
Bitcoin Dominance failed to breakout from strong Resistance Zone.
But, in order to maintain #Bitcoin Bullish upside movement, have to maintain 200-Day Trend. 🎯📈
But, Alt Coins k liye iska neechy ana zruri.
Wo b thak gye laal ho,ho k. 🚨🚀
Also, be aware of Bull Trap.
GETTEX:52K - $53k k area may hounder hundred thousands $ ki Liquidity cluster hay. ⚠️
