Bitcoin dominance chart shows some interesting patterns. At the beginning of the bear market, the bitcoin dominance dropped significantly from the last shitcoin bubble. The bitcoin dominance did a W bottom, and then hits the expected target around 55% with the etf new rumor. After that, the bitcoin dominance started to form a bull flag , based on the symmetrical...
we are in a accumulation phase. as long as we are in the triangle any trade is not suggested. but according to the last hammer (2018 low) i think it's likely going to breakout to the upside. and also the bitcoin dominance seems to meet it's top and i can see a possible altcoin boom. some signs of this have happened to XRP and GOCHAIN. but if we break below the...
Percentage of Total Marcet Capitalization (BITCOIN DOMINANCE) Today we will talk about the bitcoin dominance index (Bitcoin Dominance). The current value is 47.4 %. Dynamics for the week -1.5 %, for the month +11.84 %, since the beginning of the year +26%. The Tradingview site does not allow adding an image to the text of my idea and there is no tool for...
- Bitcoin dominance is currently at 47.8% (August 4, 2018). - Dominance will go above 60% or even 65% by the time the Bitcoin ETF is launched. - Bitcoin ETF will be announced in 2018 (maybe VanEck & SolidX ETF in August or September). - Bitcoin ETF will be launched late 2018 or early 2019. - Bitcoin ETF will come before Ethereum Futures. - When SEC...
Bitcoin price correction and this so called "levels of artificial price" which is being hold by sharks 'n' wales should not last long. When Bitcoin makes his next retracement (which is happending already), you should all cashout your positions (except maybe XRP or few more altcoins), but, in general, whole market will make a 30%+ dropdown. Therefore, i' m...
The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive...