BTC Dominance - Market Update - 17.05.22Hello Traders!
If Bitcoin price goes below the current support in the $29500 - $31000 range, we should expect a continued decline in altcoins, which will lead to an increase in Bitcoin dominance.
On the chart, we see that the price value has found support near the 39.25% level and is currently approaching a breakout of the nearest resistance level of 44.50% and the local downtrend.
With significant selling pressure, we can expect an upward movement on the chart to the resistance level of 50.00% near which the MA100 on the weekly timeframe is located at the moment.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Dominancebtc
Altcoins Big Dumped As per Our Analysis now Again Ready for ..?Altcoins Alert
#Bitcoin Dominance Update:-
- I told You #Alts session will be Danger So all #Altcoins Dumped 30-40% down
- Bow some Recovery because Dominance Rejected
- If Dominance below 45% Then Big Altcoins sessions soon
- But Above 45% Exit from #Alts
Now Dominance trading at 45%
and If break upward then best time to exit from altcoins.
I am Expecting rejected from here and we can see some altcoins sessions.
But if break 45% then Dont be greedy.
VEry bearish altcoins above 45% dominance.
thank you
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Bitcoin dominance analysis and prediction of the next movement .Analysis of D.BTC: I expect the bitcoin acquisition to rise in the coming period with a drop in prices
And huge losses in the altcoin. This analysis is for the current stage. In the event of any update, we will update the idea
The breakout of the daily descending trend line may fail, so the D.BTC will continue its decline and altcoin will recover.
As long as the acquisition rate is above the key area, investing in altcoins remains dangerous
Market Cap BTC Dominance (BTC.D)BTC dominance is the share of bitcoin capitalization in relation to the total market capitalization.
Now a descending triangle is formed there (the base is 20%), in most cases it breaks down.
IMPORTANT! The lower capitalization is - the better for altcoins!
It is more likely that it will only work towards the 36% zone (green) and this will be really very good for altcoins.
Or it can go down to the zone of 31.64% (orange) - the madness will begin;)
The 4-th quarter of 2022?
Bitcoin Dominance ( Altcoins Session Big Blood Bath Coming ? )#Bitcoin Dominance Chart:
As per Dominance Chart currently Dominance is trading at 41.70%
and Now trading at Support/Retest Level after Bull Brakout.
So we can expect Upward move from here so
If Dominance Pump then ALtcoins Dump Hard.
So be prepare with your all positions and keep an eye on Dominance Chart.
and Dont Panic and check time to time My every updates.
But Below 41% Level we can see One more Big altcoins session.
in Simple you can understand:-
#Altcoin Session will be Danger as Per chart.
= If hold 41% Level Then We can see Big Blood-bath in #Alts
= Below 41% Level Then Big #Altcoins Session Waiting for you.
Must check Dominance Chart before opening #Trade
Bitcoin Dominance Chart ( What will be Altcoins Next Move ? )#Bitcoin Dominance TA Update:-
now #BTC Dominance is 41.46%
Strongly Rejected From 44% level as I predicted.
And When it was rejected that was Starting of Altcoins sessions.
Now I am still bearish.
Dominance Bearish = Altcoins Bullish
Hope you followed my Last dominance update and entered in Altcoins dip and now all Altcoins is Minimum 50%-100% up.
Now Retracement Mode.
I am Expecting Dominance could touch 37% again.
But if 42.50% break then we can see small Retracement in Altcoins.
But if 44% break upward the I will exit from Altcoins.
So Keep watch Dominance chart.
Support = 40.70% / 37%
Resistance = 44%
If break 44% level then Good decision to Exit from Altcoins.
#BTC.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERS Hello members, welcome to the BTCDOMINANC Quick update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
In the current scenario, BTC.D broke the Chanel downside and retested the lower trend line.
We are expecting here that we will see some downfall which means that BTC will form some green candle because as we know that BTC and BTC.D both work inversely proportional.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
Altcoins Session will be very big ( Bitcoin Dominance Update )#Bitcoin Dominance TA Update:-
now #BTC Dominance is 41.60%
Strongly Rejected From 44% level as I predicted.
And When it was rejected that was Starting of Altcoins sessions.
Now I am still bearish.
Dominance Bearish = Alts Bullish
Hope you followed my Last dominance update and entered in Altcoins dip and now all Altcoins is Minimum 50% up.
I am Expecting Dominance could touch 37% again.
Support = 40.70% / 37%
Resistance = 44.50%
If break 44.50% level then Good decision to Exit from Altcoins.
Bitcoin Dominance lost supportHello my friends...
BTC.d lost support and it means people doesn't buy bitcoin for now. so what are they doing?
if you look at USDT.d chart, you see bearish movement. so money is going toward Altcoins. find Bullish alts and buy them in supports.
if you have any questions about market, please ask in comments.
USDT.D, Dominance will becoming decreaseHello everyone
We finally analysed one the most important and main index of bitcoin analysis
According to the chart as you can see the price after drop in months ago it will needed to had correction of this movement and after the price couldnt went up from the ATH we will expect the price that wanna make new downward trend and this mean the price of bitcoin and altcoin maybe it can start new rally but we need to take acceptance after the price break the resistance and sensitive zone that we shown on chart we can take decision.
Our view about the market of crypto or any financial market is the markets need to recover it self and need to drop and make fear than its ready to start new rally.
Good Luck
Abtin
Ready for Small Altcoins Sessions ? Dominance Update#Bitcoin Dominance TA Update:-
#BTC dominance currently trading at 43.44%
This is Critical level.
Resistance level = 45%
If Dominance break 45% level then best strategy will be exit from Altcoins.
Because we can see Altcoins REKT.
But IMO now we can see small Altcoins sessions from here.
If 42.50% break down then Ready for small Altcoins sessions.
Keep an eye on below levels:-
Above 45% = Altcoins REKT
Below 45% = Small Altcoins Sessions
Support:- 39%
Resistance:- 45%
USDT Dominance Lower time frame Update.Welcome to this short update on USDT Dominance.
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USDT Dominance is looking weak atm, trading inside a symmetrical triangle.
Break and close below this triangle will trigger a rally across the market.
For now, this initial rejection will result in the bounce in many altcoins and even BTC.
The chart shows the possibility of a retracement towards the 4.47% level which also happens to be the lower support trendlline.
Taking some positions into alts could be a good idea as the risk is low here and rewards better.
DYOR before taking any trades.
If you like this useful info, do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!!
Welcome to this extensive analysis of BTC Dominance.
If you are reading my updates for the first time, make sure you follow me to read the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced right from the bottom of the channel around 39.15.
Currently moving around 42.27 level and broke above the blue MA.
The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks.
This will eventually give some momentum to BTC against altcoins.
ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost
300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see
whether it breaks the resistance or gets a strong rejection.
CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart.
We will have to see whether it gets rejected or breaks the trend line.
Invalidation:- Close below the Blue MA.
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
Bitcoin Dominance BTC.d three scenariosI am posting three possible scenarios for the Bitcoin Dominance ( BTC.d ) wave structure forming this entire bull run.
Scenario 1 shown above is the most bullish (12345 impulsive wave down)
Scenario 2 shown below is bullish (wave B corrective structure)
Scenario 3 shown below is the least bullish (ABC Flat corrective wave) - invalidates below 35%.
Video: I made a video on these three scenarios. Posted below.
I think BTC.d is going to top in the 0.5 to 0.618 fibonacci of the previous wave. I show this in my charts.
All three scenarios will have an altcoin pump, so don't worry. I'm thinking it starts within a week. As for which structure is the correct one, well the market has to start ruling them out one by one. I definitely hope BTC.d will plummet below 35% to invalidate scenario 3, as it is the least bullish.
For BTC people, keep in mind, BTC topped 4 weeks before many altcoins finished their bull run in 2017.
I made a video explaining my three BTC.d (Bitcoin Dominance) scenarios. Highly recommend watching it.
Scenario 2:
Scenario 3:
Video I made on the three possible scenarios
Are we close to an alt rally/dead cat bounce ?Just a quick view of what gave the MA/EMA 200 resistance on the BTC.D the last 2 times
Major alt coins are on a weekly/monthly support levels
Are we going to see the start of an alt rally during February ?
If so, I will be extremely cautious with my take profits levels with 40/50% at TP1
just ideas here, crypto ideas
Alts Season: yes or not??Hello everyone,
I present my idea regarding BTC dominance and what could happen to alts.
As we can see in the weekly chart I compared what happen in the final stage of the last cycle of 2017 with what are happening right now.
In both cases after a big fall of the dominance, which led the alts to disengaged from btc, there was a moment of consolidation, let's dive into that:
- 2017 cycle.
The dominance was bouncing between a level of resistance and support, the RSI was rising with bullish divergence, the MACD was rising but remaining under the histogram.
Then the dominance broke the support and set new lows. That was the final stage of the bull run: btc retracing and altcoins went to a blow off top (alts season).
- 2022 cycle.
The dominance is bouncing between a level of resistance and support, the RSI is rising with bullish divergence, the MACD was rising but still under the histogram.
By comparing 2017-2022: we can see a lot of similarities between this two moments.
The question is what will happen now? The dominance is gonna breaks the support or the resistance?
We can't predict the future but we can make our best guess about it and a good way to do it is analysing what happen in the past:
- If the market is gonna follow what happened the last time we can expect that the dominance will break the support and set new lows (comparing fractals, around 25%) led to an alts season, while btc is gonna make the last retracement before entering in a bear market.
- If the dominance will break resistance there will be no alts season.
Comments and opinions are welcome.
Enjoy your day!
**NOT financial advice, everyone do their own research**
BTC.D inside weekly resistance#BTCD
#Bitcoin #Dominance
it is inside weekly descending resistance zone.
break it out will increase dominance to green resistance zone, and we better to have no altcoin in our bag.
rejection from descending resistance will drop it to support zone and 31% and maybe another great time for Alts and #BTC.
BTC dominance - bottom at 40%? (M)The Bitcoin dominance is reversing with a strong move to the upside. Before, three consecutives lows were formed, each just a little lower while RSI is rising indicating a bullish divergence. This could potentially have a high impact and we would not see this level for a while, if we continue moving up from here.
For more details and an analysis on Bitcoin, go to the most recent post on BTC/USDT.
Good luck with your trades! Do not consider this as financial advice.