A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
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...
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.
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.
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,...
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...
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
My opinion is that the alt season will be very powerful like in 2017. But it will be so sudden. That no one will understand at first what happened. Why do I think so? I believe that Bitcoin will not grow any more. But in order for there to be fomo on the market, it is necessary to make people buy and buy again. It is necessary for big money. There are more details...
Diamond top monthly + bearish div weekly If we break down 50.4% we should see a beautiful alt season As usual, gainers gains, betting on a SOL shitcoin season
The price is forming a neutral triangle, the upward movement is expected to continue until the level of 56.50
It has reached its upward target, and now the conditions are ready for a fall
📉 #Bitcoin dominance holding steady on the trend line. 📈 Once broken, expect a potential altcoin pump! 🚀 Keep a close watch for market shifts. 💡 #CryptoMarket #AltSeasonIncoming
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...
This will be based on patterns and RSI, tracking and continuing to observe signals that trend fluctuations may occur soon.
A massive rising wedge is forming on the weekly chart for BTC.D. Prepare for altseason...?! Thoughts?
All altcoins together will have a bigger capitalization than Bitcoin in the future. The probability that it will fall is high. Today it can be seen that btc.d is falling in the summer It is a 2 week candle chart and don't think it will happen tomorrow. This may take several months. MoralDisciple
Hello everyone, welcome to the article! I'm Cryptorphic, and since 2018, I've been accurately predicting BTC Bottoms and Altseasons. I'm eager to see if we can do it again this time! Those who've been with me for a while know this isn't about boasting, but rather about getting your attention on the right track. By the time you finish reading this article, you'll...