The price is forming a neutral triangle, the upward movement is expected to continue until the level of 56.50
$BTC.DOMINANCE 3 Years ERA is ending with Rising Wedge reaching at the top on monthly TF! 🔥 An epic Bull Run is about to kick in within month or two or even less! If any correction happen that would be a golden opportunity to buy on discount or to LONG #bullrun #BullMarket
Bitcoin down 5% today but Bitcoin Dominance has suddenly printed the largest dump candle for a while. That means that the altcoin market is on a bounce. The best altcoins will be printing bullish hammer candles right now (I think). This chart doesn't prove that any coin will bounce and there are plenty of losing coins right now. Not advice
I think we are close to an alt season, seems like this is the top, what do you think?
Many people now waiting BTC dominance over 60%. I dont think so we will go so high! CRYPTOCAP:BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin 51.20% was a previous support for BTC dominance in 2020 now its can be like resistance Locally we...
This is not a trade or a signal, but rather some sweet, sweet hindsight to give some perspective on where we are at. Bitcoin Dominance is obviously Bitcoin’s share of the entire market place. When it is rising, that means that you would generally rather be in Bitcoin than altcoins (select altcoins usually outperform regardless), and when it is dropping you want to...
History of TOTAL2 and BTC. Looks like short-term bullish trend on BTC.D to 55-56. May correlate with rise in BTC price followed by a retracement and ALT season. What do you guys think?
$BTC.DOMINANCE Descending channel break out on daily TF! 🚨 Upon successful retest expecting a bloody market ahead! 🩸 This means CRYPTOCAP:BTC more to drop 📉
Rsi breakdown and we have a pollback & we are in new altseason cycle
Ethereum getting stronger in recent weeks. Might attribute some to cooling off of Bitcoin Dominance after US and China Bitcoin ETF launches. Might also factor in some hope of US ETH ETF. Could hint at a larger Ethereum move in coming month(s) once Bitcoin settles down.
It is expected that the index will increase to the range of 54.30-54.50 and then enter the correction process due to the pressure of the higher grade pattern. (To see the higher scale pattern, refer to the report on April 15)
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...
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...
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#btc #bitcoin dominance is like a bow. Falling wedge will likely play out as a hard pump of #BTCD index. I don't mean price of #btc or #usdt pump, but #bitcoin will more likely to overperform #altcoins Not financial advice.
We could be seing a rotation out of BTC and into alts and setting up for a shitcoin summer festival. I placed my bets on OP, TAO(havent touched in over 9 months), DYM (airdrop still have 1/3 all staked), some ATOM, LUNA, and a few others. Really keeping a chunk in Bitcoin and betting on Bitcoin miners like NASDAQ:MARA I really think theres too much fear and...
I really want this level of FVG to be completed When Bitcoin dominance reaches this level, many altcoins will multiply
according to the last my analysis... we targeted 59000 and now it's seems to be have fun and let's have a good party 🔥😎