#BTC.D 4H Chart
Bitcoin dominance is still moving up and it is currently ranging between 52.45% and 52.73%. It needs to move up and close above 53% in order to expect further bullish movements.
BTC.D trade ideas
🔥 Predict The Next Crypto Bull-Market: Save This Chart! 🚨In this analysis we're going to take a closer look at the Bitcoin dominance, also known as BTC.D.
As seen on the chart, the BTC.D appears to be trending downwards over a long period. However, the most recent peaks (red arrows) in the BTC.D value have coincided with the start of the bull-markets.
Assuming that the Bitcoin Dominance will keep on going up, there's a very decent probability that the next Crypto Bull-Market will start once the purple resistance line is hit. Just be patient!
Keep an eye on this chart, since it might signal the start of the next bull-run.
BTC.DLOOKS BULLISHThe alt party was due to the dropping of Bitcoin Dominance, which we mentioned in the previous post.
Now two factors are correcting altcoins
1- The rise of Bitcoin dominance. Until it reaches the red box, altcoins can correct
2- The opening of a new weekly/monthly/yearly candle
Reduce the volume of your buy/long positions, until Bitcoin Dominance reaches the red zone
btc dominance and eth dom chartnotice where btc has a huge red volume ETH has a huge Green Volume? Expecting an alt run now
#BTC.D 6H Chart
Bitcoin dominance reached the resistance area at 53% where it got rejected from and it is currently sitting on the support area around 52.45%. If it breaks below this support, then it will reach the next support around 51.9%.
#BTC.D 2H Chart
Bitcoin dominance is still moving up and it is currently trying to break through the resistance area around 52.5%. If it does, then we would expect further bullish movements towards the next area of resistance at 52.9%.
🔴 BTC.D 🔴 Alt Season is coming ...
It seems that Bitcoin's dominance may continue its downward trend after the pullback and experience a short-term altseason.
BTCD 1124I hope you have alts. Solid ones. Not just COQ INU.
BULLISH AF ON THE KING BTC
But also on TECH plays like SOlana and Injective
TIA, OSMO, KUJI
⚠️Declining BITCOIN dominance. Good or Bad!BTC.D
Bitcoin dominance dropped from 55.5% to 51.5% after a rising wedge pattern predicted declines
Altcoins have rallied strongly as Bitcoin dominance declined, but most alts are now overbought and due for a correction.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
BTC.DConsidering the dynamic and static resistances, it is possible to imagine the reduction of this index. I hope it will help you in analyzing the market.
Bitcoin Dominance compared copy paste last cycleJust a view of the ebb and flow of BTC dominance from last cycle
BTC DOMINANCE CHART - STILL HAVE A GOOD PUMP FOR ALTSAlts are still keeping it strong.
BTC.D break out the long term trend.
NFA
btc dominance doing jsut as i said yesterday!I mean seriously, look at it, exactly as predicted!
Hope this information finds you well and is helpful!
original post:
"This support and Resistance Line has been relevant for over half of the crypto markets life span. I believe this a final retest before going parabolic!
What an exciting time!
Comment let know your thoughts
If you like my content please follow"
Breakdown of BTC dominanceBTC is falling harshly the past few days. This is partially due to a BTC correction and an Ethereum pump. Altcoins have been on a tear which takes from the BTC total market cap. I have long been expecting some level of correction leading into Jan. The question is a matter of when. I am not buying anything right now.
BTC DOMINANCE (Important!)This support and Resistance Line has been relevant for over half of the crypto markets life span. I believe this a final retest before going parabolic!
What an exciting time!
Comment let know your thoughts
If you like my content please follow
Rising Wedge: Nice Example Just posting this because I think this is a pretty example of a rising wedge. The retest is spot on.
Long Term OutlookSad for the moon boys. if dominance breaks down below this triangle it will be just one more proof that the crypto market ''won't'' revolve around btc in the future. so far the crypto market is too dependent on the price action of btc.
BTC.D bitcoin dominance indicator , intteresting?just fot recording. do you think will this waves on CRYPTOCAP:BTC.D work ? and what does it mean? only an alt party or ... what?
BITCOIN dominance forecast in the short termBITCOIN dominance calculation in the short term:
BTC Cap. Forecast: 870B
ETH Cap. Forecast: 360B
TOTAL3 Forecast: 750B
so
TOTAL Forecast= 870B+360B+750B=1.98T ~ 2T
so
BTC dominance= 870/2000=43.5%
@JalilRafiefard
December 22, 2023
Bitcoin is about to pump!Finally they are dumping their S coins and coming back to papa.
This could send us to our new ATH of the year.
BTCUSD is at a key support above the recent low and above the other shoulder.
We are soo to see a kick ass geometric BTC chart I feel!!
Is the BTC.dom dominance since 26 november 2022 coming to an endSince November 2022 and the FTX collapse, there has been an important development in order to end the Altcoin value losses and get a share of the recent BTC rise. The daily closed below the trend that has not been broken for a long time. The weekly close is important to validate the same validation!
But if this is not a scam and the stock market will be triggered for the movement of altcoins, we start now. Many majors like Sol, avax and mina have already appreciated more than 3 and 4 times. I think the conditions are ripe for others to join in. We will watch the process!
However, this would be useful in a scenario where BTC remains flat. Possible depreciation on the BTC side would only mean that gold would be less affected.
