BTC.D trade ideas
The Fibonacci golden ratio (commonly 0.618 or 61.8%) Always PlayThe Fibonacci golden ratio (commonly 0.618 or 61.8%) is a powerful concept in trading and is often used for identifying potential reversal or continuation zones. However, while it is highly effective, it doesn’t always work, as no tool or concept in trading guarantees 100% accuracy. Here's why:
Why Fibonacci Golden Ratio Works:
Natural Patterns: The Fibonacci ratio is rooted in nature and psychology. It reflects patterns that occur in financial markets as traders’ behavior often aligns with these ratios.
Support and Resistance: The 61.8% retracement level frequently acts as a strong support or resistance zone where price reacts.
Widely Used: Many traders use Fibonacci levels, which makes them self-fulfilling to some extent.
Why It Doesn't Always Work:
Market Conditions: Fibonacci levels may fail in choppy or sideways markets where clear trends or retracements don’t exist.
Lack of Confluence: A single Fibonacci level without other confirmations (like trendlines, candlestick patterns, or volume) might not hold.
External Factors: Sudden news, macroeconomic events, or unexpected volatility can overpower technical analysis.
How to Make It More Effective:
Combine with Confluences: Use Fibonacci retracements with trendlines, candlestick patterns, moving averages, or RSI divergence for higher accuracy.
Check Market Context: Apply Fibonacci in trending markets where retracements are more predictable.
Backtest and Refine: Analyze past data to see how well Fibonacci levels align with price action in the assets you trade.
Bitcoin dominance parallel channel meadline is important.
if breaking up Altcoins will become dumped and if breaking down Altcoins will become jumped.
if parallel channel has been breaking down Altcoins will be jumped so intensively.
ALT season Hello guys we can see btc.d 2015_2024
I think crash and good dump for btc.d
In 2025 after the change president usa in Whitehouse we can see altcoin party 🥳🎉
BTC Dominance Chart - BITCOIN DOMINANCEBTC Dominance is the most important chart to follow to understand whether the crypto market is in an altcoin or Bitcoin season.
"We had a great projection regarding the Bitcoin Dominance bearish shift around the 60% level, and it played out perfectly. I’ve linked that projection to this post for reference.
Currently, Bitcoin Dominance is testing the weekly supply zone as a bearish retest. This aligns with the premium side of the Fibonacci, adding to my conviction that we’re likely to see a bearish reversal from here, forming a lower high. This lower high could potentially trigger another leg down in dominance, setting the stage for a strong altcoin season.
I expect this shift to happen very soon.
Bitcoin Dominance at Major Resistance: Alt Pump Incoming?
🚨 Bitcoin Dominance Update 🚨
Currently sitting at 58.69%, Bitcoin dominance has reached a critical confluence of horizontal and trendline resistance.
📉 Key Observations:
- Dominance retraced precisely to the Golden Ratio (0.618 Fibonacci) level.
- This area marks a potential reversal zone.
💡 What This Means:
A decline in Bitcoin dominance could signal the much-anticipated altcoin season as capital flows out of BTC into altcoins.
🗺️ Key Levels to Watch:
- A breakdown from this resistance could lead to massive altcoin pumps.
- On the flip side, a breakout above this resistance could invalidate this setup.
📊 Keep your eyes on this setup, and let’s prepare for potential opportunities in the altcoin market. 🚀
🔔 Follow for more trade ideas and market insights!
BitcoinDominance Altcoins CryptoTrading AltSeason BTC
WHY ALT-COINS ARE DUMPING!!?hello to everybody and welcome back for another analysis.
today is kinda different and we are gonna talk about BTC dominance and the impact it can have on the alternate coins and it's very important.
the reason that the alt-coin market has been all red is actually because of the BTC dominance that is going towards the 60% market cap, and on the other side the BTC price itself is dropping significantly and this alone can cause a huge dump in alt-coin markets.
so be very careful these days for any long entry and manage your risks.
for all holders that want to buy any alt-coins, I suggest that they wait for the dominance to drop and maybe they can consider buying.
Remember, this is not financial advice; it is just my personal opinion that I wanted to share with you all.
THX for reading and have a great day.
Btc.D Here is the plan:
Btc.d has much liquidity lying between 59.3-62
It reclaimed Nov bottom exactly on 15Dec. The daily close above 59.3 means moving towards 62ish.
For BTC; it needs to gather momentum exactly between 84-73; this will give our base towards 150k.
I started buying alts because majority are below 70% Fibs; where smart money starts to accumulate. Good luck to all; stay safe and stick your plan.
Closing 2 days below 59.30%, is the entry; hopefully last week of Dec or First week of Jan25.
BTC Dominance - Dreams come trueDid you survive the correction? The alt season will begin soon. BTC dominance is likely to drop significantly. Good luck to everyone!
Btc dominance Looks like it will get rejected at the 0.61% on the btc dominance . This going down means altcoins going up . There is no reason to be bearish for alts , btc can drop to 87k who cares . Altcoins will gain more marketcap
BTC Dominance - weekly stronghold -Many people are infatuated with CRYPTOCAP:BTC.D - overly analyzing the trend just complicates things in my opinion. As week look at the weekly chart - hearing CRYPTOCAP:TOTAL3 ATL season is a headwind. Any thoughts ??
Bitcoin Dominance Cycles: Key Insights: Litecoin, Cardano, PLSDiscover the repeating cycles of Bitcoin dominance and how they correlate with altcoins like Litecoin, Cardano, and Pulsechain. This analysis reveals a potential peak in Bitcoin dominance by March, likely ahead of the broader market cycle top. Could this be the key to timing the market? Dive into the chart and uncover actionable insights for the coming months.
📈 Highlights:
Bitcoin dominance historical cycles
Altcoin trends aligned with dominance shifts
Potential implications for March 2024
🔗 Add your thoughts and share if you find this valuable!
#Bitcoin #Crypto #TradingView #Altcoins #Litecoin #Cardano #Pulsechain #CryptoCycles #BTCdominance"
BTC.D finishing bearish retesthi Traders,
BTC.D broke down out of the rising wedge and now we're seeing a pullback to the upside which itself may be a bearish retest.
If BTC.D gets rejected here, we will see an alt-season.
Most likely the alt-season will be led by ETH but other coins should outperform BTC too.
When BTC.D reaches 47%, taking profit on alts will be very reasonable.
BTC.D Long-term SpeculationLooking at this chart objectively, it is currently in a lifelong downtrend and we should now expect a rapid and sustained decline to around 13-17% from where we are now in a wave 3 of 3. This changes if dominance exceeds 63.32% or if the next move down doesn't reach the 1.618 extension and starts to look like the C wave of an ABC correction of an uptrend...
Btc Dominance The possibility of moving these daysThis is only my personal opinion, do not accept analysis without personal review, wishing you success.
When is altcoinseason?
I think altcoinseason is getting closer.
We have to follow the trend line, the dominant one has already reached a sensitive area, it may go up a little more, even up to 66%, who knows, maybe even a little more, but when the trend line breaks, that's when we'll have the first serious signs from the start of altcoinseason.
It is quite difficult to reach the 70% area because the market in general has matured and matures from cycle to cycle.
BTC Dominance will fallBTC.D breaks the trendline and AO indicator also shows divergent. Soon we may enjoy the altcoin seasons !!
Is the Bitcoin Dominance chart fake and useless?Why is the Bitcoin Dominance chart in the 4-hour time frame the opposite of the daily time frame? It is upward in 4 hours, downward in daily!
BTC.D important zones of support and resistance!!Join our community and start your crypto journey today for:
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Let's analyse BTC dominance:
BTC.D has recently broken below a significant 24-month support trend line, triggering a surge in the altcoin market. While a brief retest of this level is possible, BTC.D is currently trading within a rectangular pattern on the daily chart.
The 200-day EMA on the 3-day chart is identified as a crucial support zone, where a minor pullback may occur. Conversely, the 100-day EMA on the 3-day chart is seen as a key resistance level, likely capping any further upside in BTC.D.
Overall, the weakening Bitcoin dominance suggests a potential continuation of the altcoin rally. However, traders should monitor BTC.D's price action and key technical indicators for potential shifts in market sentiment.
Key Levels:
Support: 53.81%
Resistance: 53.20%
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
BTC Dominance Breakdown? Bearish Setup Ahead!Analysis: 📉
BTC.D is trading within an ascending channel, currently at the upper resistance line (~58.4%). A potential bearish setup is forming, indicating a decline toward the lower channel support and a possible breakout downward. Targets can be set within the shaded support zone
Key Levels:
Resistance: ~58.4%
Support: ~55% (critical zone for consolidation)
Channel Breakdown Target: ~54%
Ascending Channel:
The price is trending within an ascending channel, marked by parallel resistance and support lines.
The chart suggests the price has recently touched the upper resistance of the channel.
Bearish Divergence Projection:
The shaded horizontal box towards the bottom represents a critical support area around the 55% dominance level.
then
The current level (~58.35%) is identified as a possible resistance, reinforcing the bearish outlook.
🚨Risk/Reward: Attractive if the price confirms the breakdown. Watch for volume and price action around the lower channel support for continuation or reversal signals.
Disclaimer: Not financial advice. Trade with proper risk management.
Wave BProbably BTC will have a short correction and here we will see wave b from B. The end of wave b is probably the level of 0.618 and then the start of wave C. We have to wait and see.
bitcoin dominance chart- video ideabitcoin dominance chart- video idea
Expect Bitcoin to increase while alts fall till feb next year
BTC dominance updateAs expected, BTC dominance has taken control of the altcoins and that is why the whole market has been ranging downwards recently.
With 3% of growth so far, Qude can expect this dominance to ease up at the highlighted yellow zone which can a very good news for altcoins
