At the moment, it is suffering. Tonight at 7 o'clock, the market usually moves. It does not give us any specific data
Our eyes on Arweave, BNB and other Alts for the next leg up. NYSE:AR is a 100% BET.
BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
As you can see we have a descending triangle with key points of resistance and support. What is interesting is the date we can see a reversal on the Bitcoin dominance which falls on 06/24/24. If all the stars align and all the galaxies fall in place this could be the mark of the Altcoin dominance start for this bull cycle. The yellow boxes at bottom are the...
Clear potential breakout above long term resistance trendline for BTC dominance. Now there is always the potential for a fakeout and then break below which could lead to alts increasing, but this is something to watch closely for the time being.
hi traders BTC.D formed a rising wedge which is a bearish pattern. I think that we may see a breakdown soon which may cause an altcoin season. Can't say when exactly we will get a breakdown but I think it may happen soon, in the next weeks / months.. Altcoins seem to be cheap now as well, so buying some altcoins and getting ready for an alt season is the...
Dominance for bitcoin has been sideways and last week or so no major movement up.or down ,wave trend shows a curve forming on BTC dominance which historically been a downward movement on the 3 day chart
Bitcoin (BTC) dominance is a metric that expresses the percentage of the total market capitalization of cryptocurrencies represented by Bitcoin. This value has a significant impact on the development and value of altcoins - alternative cryptocurrencies that stand in the shadow of Bitcoin. In this article, we will focus on the relationship between BTC dominance and...
When the trend line breaks, altcoins will moon. 10,20-50x's. Some of the catalysts will be the Ethereum ETF, NVIDIA/AI updates. I project that AI will be the leading narrative for this bull run and the majority of the money will be made in November 2024 to May 2025
The price is forming a neutral triangle, the upward movement is expected to continue until the level of 56.50
BTC.D: 2 candles have been placed for 4 hours, but it is turning green. For now, it means that you open the porition on altcoins. It will be more profitable than Bitcoin itself. If you also have a position, I would leave it open for now.
If the key level of 54.40 is lost in the daily time, it is possible that the correction will continue up to the levels of 52.60-53.
The uncertainty lies in how the price will respond, as historical halving have seen varied reactions. Often, the price has dropped, but sometimes this decline occurred several months prior to the event. Currently, the price is testing monthly support levels. Technically, there is limited potential for downward movement, given the heightened demand due to ETF...
A massive rising wedge is forming on the weekly chart for BTC.D. Prepare for altseason...?! Thoughts?
Bitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market. Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your...
BTC DOMINANCE is in a grey zone area. It recently broken out of the trendline. It is also forming a bull flag but that might be invalidated of we retrace further. If the bull flag is validated, then dominance should try to break the next upward resistance. BTC Dominance is not sitting on the 50 day moving average. Will it hold? If the retracement continues,...
📉 #Bitcoin dominance holding steady on the trend line. 📈 Once broken, expect a potential altcoin pump! 🚀 Keep a close watch for market shifts. 💡 #CryptoMarket #AltSeasonIncoming