Dominancebtc
2.3T BTC MCap and 7.7T Alts MarketcapMarket dominance is sitting on support if it breaks, and the market rallies we may see the biggest alt run in history. at 10T total mCAP
BTC price at 109K
Alts will divide the 7.7T marketcap
if it bounces BTC may see a 63 percent Mcapdominance probably this in a crypto bear market scenario.
at its lowest target of 10K.
Altcoin Session Big Update... Waiting for Big Alts Relly..?#Bitcoin Dominance Update:-
$Bitcoin Dominance Trying to break Strong resistance.
Don’t try to make decisions in Panic zone.
Now..?
If Dominance Break above 41% and closed above resistance level that’s mean Altcoins = Bearish
So Now Wait and Watch market.
Support:- 40.20% / 37%
Resistance:- 41% / 42.30%
Altcoins Session is coming soon .?#BITCOIN Dominance update:-
#Dominance currently trading 39.77%
As per chart dominance already broke down the support level.
Still trading below support 40.30%
Guys below $40.30% we can see big Altcoins sessions.
But if Break 41% Resistance that’s mean Exit time from Altcoin.
First 37% support level then 35%
But Above 42.50% Strictly Exit from Altcoins because after 42.50% Altcoins blood bath.
In Simple Language:-
Below 40.40% = Altcoins Bullish
Above $40.40% = Altcoins Bearish
#BITCOIN DOMINANCE Breaking Down! ALT SEASON has already begun!Welcome to this quick update, everyone.
I know you've been waiting for this chart!
Bitcoin Dominance has broken down the important level of 40.
As per the pattern the index is likely to hit the 30% level.
It's also moving below all important EMAs. Showing signs of weakness.
Meanwhile traders will shift to Altcoins against BTC.
This could be a very good opportunity to make some profits in the next few weeks while BTC moves sideways (which means accumulation as per my last BTC chart).
Many Altcoins are already showing some strong moves.
So Here's my trading plan:-
1. Keep BTC mostly.
2. Trade more on Spot and low leverage Margins on ALT/BTC Pairs.
3. Trade less on Futures (Only at the support levels rather than between a range).
4. Make more BTC.
I'll be sharing 15 to 20 Altcoins this week.
Invalidation:- Only a weekly break and close above 40.88% will invalidate this Chart.
So far this scenario is unlikely.
Do hit the like button and share your views in the comment section. Follow me to know the next Altcoins I'll consider adding to my bags.
Thank you
#PEACE
BTC dominance first time at this level since April 2018Alts are not mooning, at least for now, BTC is at the same price range for several weeks. Something is cooking up here.
Not sure how to interpret this. For now just observing.
If dominance close under 39% I will probable make some moves (BTC to alts trades).
Maybe it is a fakeout, don't know yet, just pay attention to it.
Check my two previous analysis on BTC.D in comment section. Thanks!
Bitcoin Dominance (BTC.D) AnalysisBitcoin Dominance (BTC.D) Analysis
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BIAS
On daily time frame Bitcoin Dominance have formed out the Bearish flag where the price is currently at the Support trend-line and below the resistance level.
It no visible short term momentum for either the bulls of the bears means that we're probably in the calm before the storm, and this move will probably be bigger than anything we've seen in months.
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TheKing past to present Quick & Simple :
- in 2014-15-16, BTC was mostly alone and his supremacy was Total, you can see in the graph his Dominance was around 95%-100% of the Total Market.
- in 2017-18, when alts popped around the corner, BTC Dominance went down to 35%. Alts started to moon than BearMarket came around.
- in 2018 , you can notice that when BTC dominance grown more than 50%, we came back in a full Bearmarket, the top BTC Dominance reached 70%, then a New Cycle Started.
- in 2020-21-22, with this new BullMarket, it could be really possible with DEFI/SWAPS and lot of new projects that "TheKing Dom" will fall between 27%-25%.
. After that zone reached, we could consider that Bearmarket will come very fast.
- Follow closely Dominance and try to understand it, this is the way to understand in wich parts of the cycle you are.
- Check in comments my older analysis about Dominance to get the moves.
Happy Tr4Ding !
BTCD is just a MEME nowHi,
BTCD has been in a downtrend since late Oct, but the market overall has not been bullish since then. So, Bitcoin dominance is not a factor anymore. We can't consider this as a critical factor in our TAs.
As you can see on the chart, it's at the support on the weekly chart, but the breakdown is more likely to happen soon. I don't think this breakdown affects altcoins.
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart that USDT DOMINANCE broke down a very strong support level of 200 MA now I am expecting a drop of 5%. stay turn I will give some trade setups.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
TIK TIK Dominance Break down So Ready for Massive Altsessions.?#Bitcoin Dominance Analysis:1
#Dominance currently Trading below Strong Support.
Mean to say that This is very good For Altcoins sessions.
Important Point:- If Dominance Trade below 40% then This will be Awesome and Huge Altcoins sessions in coming year Q1 2022.
Exit Strategy:- If Dominance Cross 42.30% that’s Clear Point to exit from Altcoins without Emotions.
If Dominance Dump more then 35%-36% is Good point to Exit From Altcoins with huge Profit.
Point to be Noted= 42.30% and 35%
BTC Dominance: Which Scenario is Going to Happen?Bitcoin Dominance is on the edge of a big move either upside or downside. %40 is an important level for bitcoin dominance to support. If dominance can't bounce at this level it will go straight down %30 which is actually an altcoin party!
In another scenario bouncing at 40 will make a bloody hell for altcoins!
A weekly candle below this level will confirm the first scenario and the other scenario depends on bouncing at this level.
BTC.D can rise#BTCD
Bitcoin Dominance is above long term support zone and inside a daily support zone, also there is a descending parallel channel that dominance is above middle line. BTC dominance can head up to break out from upper line of channel to touch daily resistance zone and divergence of RSI help this scenario.
but if dominance reject from upper line, it will drop to long term support zone.
so better to take your profits of spot orders to be able to buy dip again.
BTC.D. Will there be a bitcoin season?BTC.D. forecast from Wunderbit trading
Rising lows on the RSI. There is a high probability of a rebound from the support line.
The alt season index has changed its direction towards the Bitcoin season. If the domination of bitcoin keeps support, then we are waiting for the bitcoin season.
The fear index starts to rise. After the red zone, Bitcoin often begins to grow.
Bearish Descending TriangleI predict that the bitcoin dominance chart is forming a bearish descending triangle. If this prediction actually works, we will see a great altcoin season that low cap coins making 10x and bitcoin price close to 80k. The dominance aim is 27% at the end of Q1 2022. The next 3 months will be exiting for us.
If bottom is firm, we can draw that perspective. We have two green 8H candles inside a converging wedge.
Add approximately 120 bars and extend the arrow diagonally to the upper border. Voila.
I am only missing green dot on VFI but it will pull up following the Stoch RSI.
Alt-season in December is increasingly in doubt.
BTC Dominance - Why alts dumping was predictable... 🙄If you studied the BTC dominance chart you knew that the 40% market share for BTC was a key support.
Once hit, there was only one result... altcoins will bleed and now they are all in double digits red.
Bitcoin dominance has bounced of the support and now is moving higher. Yes, BTC price is also falling, but not as fast... hence BTC is gaining in market dominance.
This is usually the worst outcome in the market, where everyone loses. Just that BTC holders suffer less.
However, this dump is... uncharacteristically slow. We seem to go lower bit by bit... This is either a massive bear trap and we PUMP hard soon or the market will continue to bleed slowly until it finds equilibrium again.
There is no flash crash, no news, just... money exiting. So long BTC/ETH don't make a lower low, there is till hopium. If not, goblin town welcomes you.
Like and follow if you liked my idea!