BTC dominance trend reversalALTs started rally thanks to the BTC drop, but don't get too excited, BTC is just resting and consolidating around 33k.
in few days BTC will go to retest 40k and maybe break it up towards 50k area - the psychological resistance level of BTC.
We expect another few days of ALTs to thrive and then BTC will start to move up.
Be careful on your profits, make sure to go back to BTC or ETH before.
Dominancebtc
#btc.d #1h #bitcoindominance #btcdominanceCRYPTOCAP:BTC.D
Hi guys..its the latest analyze chart of BTC.D in 1H timeframe .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Watch for a Bitcoin Dominance BOUNCE in the next few Weeks! Be on the lookout for a big bounce of the shown support / resistance line in the coming weeks! This is a WEEKLY chart and has had many touch-points the past few YEARS! If this happens be ready for BTC to take back over the market and strangle the rest of the market in the immediate term. This would be much better for crypto than to have BTC have a massive drop like most expect. Once the dominance cools back off, we should be in for another Altcoin rally. LETS GOOOO.
BTC Dominance - My First analysis using Elliott waveI've been studying and trying to understand more about technical analysis.
Social Media is filled with people talking about Alt-season. So I think this is how the BTD Dominance will react when Alt-season comes this season.
Please, let me know if you found my analysis any good :)
BTC dominance reached support zoneBTC DOMINANCE
Reached support zone 63-62%
From here more likely is dominance to move up
Which mean bleeding and correction for alts
If dominance breakdown this Support can lead to alts season but this is less likely here
🚨🚨
Next week is very important for all the market
Take care because big move soon and dont overtrading
#btc.d #btc_dominance #weeklyHi guys..its the latest analysis chart of bitcoin dominance.the weekly candle closed very perfect and probebly after pullback till( 64-65) we will go to first support 60% .below 60% we will go to altseasion .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like and folow me.thx
CRYPTOCAP:BTC.D
Bitcoin Dominance 100% predicted by CryptoPatel& still More room#BITCOIN Dominance Chart Update :-
#BTC dominance now 64.58%
As I predicted It will fall so Finnaly target had been achieved.
That All Crypto Influencers and channels Told you to exit from Altcoins but I single told you to enter.
Hope you understand very well.
I told you to enter in Altcoins when Dominance was 71% so now almost 6% dominance down.
And all Altcoins almost 100% up.
Hope you earned and learned with my TA.
Still Waiting for big Altcoins Sessions.
Support :- 65% ✅
Now Support because resistance.
New Support :- 58%
Resistance :- 65%
Please Click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Bitcoin Dominance Altcoins Fully bullish as I told you#BITCOIN Dominance TA Update :-
#BTC Dominance falling and this is very good for Altcoins.
Now Dominance is below 65% this is very good.
I am expecting Target of Dominance can be 58% and that would very bullish for Altcoins.
I already posted this chart if you followed.
Support :- 64% / 58%
Resistance :- 72%
Please Click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BTC will keep beating altcoins, Hybrid Intelligence saysBTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up.
To dig deeper into this idea, we’ve posted the following question to the Cindicator platform:
“The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13. Will the Market cap climb above 995.2B USD (+7.5%) earlier than drop below 856.3B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 91.11
This means Hybrid Intelligence expects the total crypto market cap to go up +7.5% before any downward movement of a similar magnitude.
Additionally, we’ve asked about Bitcoin’s dominance:
“Bitcoin crypto market share settled at 68.97% at 10:00 AM UTC on Wednesday, January 13. Will Bitcoin's market share climb above 70.35% (+2%) earlier than drop below 67.59% (-2%)?
(forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 82.80
This result suggests that Bitcoin’s market share will again hit 70%.
So together, the growing coin market cap AND the increasing Bitcoin’s dominance will likely lead to Bitcoin outperforming altcoins. Of course, some individual cryptos might still beat BTC, but the general trend still looks in favour of Bitcoin.
Long Bitcoin for now, Hybrid Intelligence suggests.
And diversify your alts with Stoic, we might add.
BTC.D update | It broke major support Level | ALTS Season UpdateHey guys welcome for a fresh update on BTC Dominance
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BTC dominance already broke out support zone !! Have a Look...
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As we shown our previous update of BTC Dominance
It got rejected by trend line at 71.62
And now it clearly broke major S/R level so it can move down to
Next support of 64 or even down to 61
And Similarly as we are seeing rise in ALTS
So ALTS season looks like it is there to stay for some time..
So take benefit out of this ALTS season guyz...
Give a thought to it and manage your risk carefully...
Will Be back with other Premium Trades in the mean time..
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Thanks for reading... Give us a THUMBS UP if you like it...
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this is Husain Zabir, signing out
Thankyou...
Bitcoin Dominance Support broken, Altseason ConfirmedBitcoin Dominance breaks the major support of 67.5%. Dominance takes local support at 68.4 zones and bounced many times from there but finally, it breaks downwards. The next support is 65.4%. Altseason is here and we already see a good rally in alts. Investors got crazy after ETH breaks its all-time high. Time to make huge money.