BTC.D trade ideas
IS #Altseason 2024-25 finally Start?? HOLD OR SELL!!#BTC.D (BTC Dominance):
BTC.D Finally Rising Wedge Downside Breakout is Confirmed..😊
Long Awaited #Altseason 2024-25 is finally Started..
hold your altcoin and enjoy the raid..
but don't remember to book your profits..
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#BTC.D #CRYPTO #BULLISHRUN #BINANACE #ALTCOINSEASON #UPTREND
BTC Dominance Weekly OutlookAlt Season Potential
A BMS (Break of Market Structure) has occurred in the bullish trend, showing a change of character to bearish, as seen from the candle indicating heavy selling pressure.
If the trend continues, BTC dominance would correct to the nearest SSL at Fibonacci 50.71%, and if it cannot hold, a deeper correction would occur at Fibonacci 1,618 at 43.77%, indicating the occurrence of Alt Season.
BTC dominance is falling, capital is flowing into altcoins!Hello everyone, as we can see, for a very long time, BTC's dominance over the rest of the market was gaining strength, but now we can see how the level of dominance has broken out of the upward trend channel, which is causing a rebound and the transfer of capital into altcoins.
The flow of capital gives clear and significant increases on the market, and therefore many cryptocurrencies benefit from an increase in price.
It is worth looking at the RSI indicator, which also indicates that the energy used is used to flow capital into the rest of the market, and what is more, it can be seen that there is still room for a stronger decline to the support places indicated on the chart.
Bitcoin Dominance Halving Cycles and Alt SeasonsThis chart shows that in the 2 recent halving cycles Bitcoin Dominance had a massive pullback 240 days after the halving. We are now approaching the next 240 day cycle after the most recent halving earlier this year.
240 Days after Halving = December 17 2024.
BTC DOMINANCE Update (1D)This analysis is an update of the analysis you see in the "Related publications" section
In the previous analysis, the price didn’t reach the red zone and experienced a heavy drop, exactly as expected. This highlights the importance of this level.
However, before anything else, you should know that from the green zone, we anticipate a significant pump in Bitcoin dominance, which will lead to an altcoin correction. When this zone is reached, you should sell your altcoins to be able to buy them back at the bottom.
Stay with us to capitalize on the altcoin season!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Btc Dom - There's still a long way to goCRYPTOCAP:BTC Dominance 1W;
Below is my chart of the Bitcoin Dom chart, which I have been pointing to 61.61% for a long time and I expect it to rise to a maximum of 62%. With the return from 61.53%, the market has now started to smile.
What's next?
There is strong weekly support at 56%. This level drops to 55% on the monthly.
This is a strong support and with its theme, it will make a retracement upwards.
I know you don't even want to hear anything negative when everything is going well, but if we ignore the facts, what's the difference from emotional thinking?
There is a quote by David Hume that I love and use as an example in my life: “ If we stop here and go no further, why have we come this far? ”
In short, I want to say that there is still a long way to go for Btc Dom. I will not be surprised if this bull period happens again if we see the 72% level that I have been pointing to for a long time.
Of course, we are talking about probabilities here. That's why all charts have a 50% margin of error. If one day you see someone or some people telling you something that is 100% certain, stay away from them.
#Btc #Bitcoin #dominance #bullish
BTC Dominance is Cracking – Altcoin Season IncomingBTC dominance hit a brick wall at key resistance levels (58%-61%) and is starting to crumble. The rejection is loud and clear: the spotlight is shifting to altcoins.
Get ready for altcoins to take the stage. As dominance falls, expect explosive moves across the board. The charts are screaming one thing – altcoin season is here, and it’s about to get wild.
Which altcoin is your favorite?
Perhaps something that has been long awaited.Two consecutive divergences seem to have done the trick.
However, the candle has not yet broken the Ichimoku cloud
(and also the rising trend line) and we need to keep watching.
But it is not a complete reaction for two consecutive divergences, that's for sure.
DOMINANCE - real bullish for ALTS didn't start yet!monthly chart displays a breakdown for multi years rising wedge .. the interesting thing that today is a monthly close and we are only a few hours away from this.
rising wedge lower side matches with 0.618 fib (golden level) ...In fact, these two levels represent strong support that was responsible for the loss of thousands of traders and their suffering throughout this period.
it's a real sign to be bullish in december...
Caution still required ... retest the lower side of rising wedge is expected ..so don't use a high leverage
if u spot ..so don't worry it's time to get money ,,, don't sell ur coins too early u will regret missing opportunities Very much
BEST Regards Ceciliones🎯
Btc dominance To me there is the possibility that btc dominance has touch support . Everything lines perfect also the usdt support and btc resistance . I would not be surprised if we see a correction soon . We are at a critical level on the markets , it should resolve soon weather they keep going up or retrace here. Keeping some cash on the sidelines just in case . Not an advise
Bitcoin dominance repeating history- complimentary analysis to this one:
www.tradingview.com
- in 2020 a weekly close above TOTAL ATH marked the top for bitcoin dominance and it seems that is going to be the case this market cycle as well
- with dominance likely topping out especially Ethereum should be ready for massive upside
Mini Altcoin Season Incoming?If BTC Dominance (btc.dom) sees a weekly close below 57%, it signals an acceleration of capital inflows into altcoins. In this scenario, a confirmed btc.dom target around the 51% level becomes plausible.
However, for this to materialize, it’s crucial that BTC price movements remain stable. Stability is the key to unlocking this altcoin surge.