bitcoindominance
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How to Know When Alt Season is Coming? š¤š
Everyone is waiting for ALT season, especially since most of us didnāt invest in BTC. To find out when itās coming, thereās only one chart you need to watch: Bitcoin Dominance (BTC.D).
š Current BTC Dominance: 57.8%
If dominance pumps to 59%, weāll likely see a bigger dump in altcoins.
But hereās the good news: that could be a great chance to buy the dip! šš
ā ļø Key Levels to Watch:
1ļøā£ If BTC dominance breaks above 59%, the uptrend in BTC could continue, delaying alt season.
2ļøā£ To kickstart alt season, BTC dominance needs to break down below 55%. Thatās when alts will start flying! šš„
Stay patient and be readyāDCA into your favorite alts when the time is right. š
#bitcoindominance
Everyone is waiting for ALT season, especially since most of us didnāt invest in BTC. To find out when itās coming, thereās only one chart you need to watch: Bitcoin Dominance (BTC.D).
š Current BTC Dominance: 57.8%
If dominance pumps to 59%, weāll likely see a bigger dump in altcoins.
But hereās the good news: that could be a great chance to buy the dip! šš
ā ļø Key Levels to Watch:
1ļøā£ If BTC dominance breaks above 59%, the uptrend in BTC could continue, delaying alt season.
2ļøā£ To kickstart alt season, BTC dominance needs to break down below 55%. Thatās when alts will start flying! šš„
Stay patient and be readyāDCA into your favorite alts when the time is right. š
#bitcoindominance
Zak-user:
thank you
What's going on with BTC dominance?
Dear Friends, over the last few days, bitcoin dominance has reacted with a sharp rise of 6% and is now around 57%. Because of this jump, the bulk of the alts reacted with a pretty decent correction or stopping in one place.
Before I begin...šš„I'll likely make my content private soon, so make sure to follow me here , so u won't miss this and my future content.
š„The point is that there were too many altcoin long positions accumulated at the moment, which were strongly asking to be taken out. Since it is simply not favorable for the market to head in the direction everyone expects it to go.
š„Bitcoin is now in the opposite situation, the bulk of the market is waiting for a correction rather than growth.
Many people have already felt the prospect of growth of alts and thought that they are āon a train that will not go backwardsā - it turned out not so.
šAs always, the market is throwing off local passengers, who fly in at random values and wait for an instant profit. It is not for nothing that I always tell you to be ready for good local pullbacks! Here is a good example of that.
šāOn domination, I expect the following: from the highlighted level, I expect to see a continuation of correction and a further move below 54%. Simultaneously, strong bouncesĀ onĀ theĀ alts
Why Follow My Analysis?š„šš ā Iāll be sharing VIP signals for free, along with chart breakdowns and updates to help you stay ahead of market moves. Donāt miss out on these expert insights designed to give you an edge.
#BTCNewATH #BTCNewATHAgain #Bitcoin110KNext? #BTCdominance #bitcoindominance $BTC
Before I begin...šš„I'll likely make my content private soon, so make sure to follow me here , so u won't miss this and my future content.
š„The point is that there were too many altcoin long positions accumulated at the moment, which were strongly asking to be taken out. Since it is simply not favorable for the market to head in the direction everyone expects it to go.
š„Bitcoin is now in the opposite situation, the bulk of the market is waiting for a correction rather than growth.
Many people have already felt the prospect of growth of alts and thought that they are āon a train that will not go backwardsā - it turned out not so.
šAs always, the market is throwing off local passengers, who fly in at random values and wait for an instant profit. It is not for nothing that I always tell you to be ready for good local pullbacks! Here is a good example of that.
šāOn domination, I expect the following: from the highlighted level, I expect to see a continuation of correction and a further move below 54%. Simultaneously, strong bouncesĀ onĀ theĀ alts
Why Follow My Analysis?š„šš ā Iāll be sharing VIP signals for free, along with chart breakdowns and updates to help you stay ahead of market moves. Donāt miss out on these expert insights designed to give you an edge.
#BTCNewATH #BTCNewATHAgain #Bitcoin110KNext? #BTCdominance #bitcoindominance $BTC
AgenteIA007:
I had foreseen this with the entry of the ETFs, the dominance of btc will continue until it starts to go down, I think.
BTC Hits $108K š What It Means for Alts!! š¤·š»āāļø
Bitcoin dominance (BTC.D) is testing key resistance near 58%āa āscary zoneā for altcoins. Historically, when BTC.D reaches levels like this and rejects, altcoins rally as liquidity flows away from BTC into higher beta assets.
The chart shows BTC.D approaching critical resistance with multiple confluences:
ā¢ 58% Resistance: Significant rejection area.
ā¢ 200-Day Moving Average: Providing extra resistance overhead.
ā¢ Trendline Retest: BTC.D is pushing up into a previously broken trendline.
If dominance rejects here, alts could catch a bid, especially ETH and other BTC beta plays. Keep an eye on the BTC.D chart for confirmationāif it reverses, itās game on for altcoin season.
As always, Iām staying sharp with these opportunities. If youāre looking to follow my trades, you can check out my lead copy trading account. Click here to copy and šš°. Cheers, and happy trading !
#bitcoindominance #success #analysis #trading #alts
$BTC $ETH $XRP
Bitcoin dominance (BTC.D) is testing key resistance near 58%āa āscary zoneā for altcoins. Historically, when BTC.D reaches levels like this and rejects, altcoins rally as liquidity flows away from BTC into higher beta assets.
The chart shows BTC.D approaching critical resistance with multiple confluences:
ā¢ 58% Resistance: Significant rejection area.
ā¢ 200-Day Moving Average: Providing extra resistance overhead.
ā¢ Trendline Retest: BTC.D is pushing up into a previously broken trendline.
If dominance rejects here, alts could catch a bid, especially ETH and other BTC beta plays. Keep an eye on the BTC.D chart for confirmationāif it reverses, itās game on for altcoin season.
As always, Iām staying sharp with these opportunities. If youāre looking to follow my trades, you can check out my lead copy trading account. Click here to copy and šš°. Cheers, and happy trading !
#bitcoindominance #success #analysis #trading #alts
$BTC $ETH $XRP
šØ #BITCOINDOMINANCE Update:
Bitcoin dominance is forming an ascending triangle on the 4-hour timeframe and is currently facing strong resistance at the top. š
A solid rejection from this level, followed by a breakdown of the triangle, could trigger a strong rally in altcoins. šš¹
š Key Levels to Watch:
Resistance: 58 level š
Invalidation: A 4-hour candle close above 58 would invalidate this setup.
š§ Stay sharp and keep a close eye on this moveāAltseason might be right around the corner! š
š Follow for more timely updates and premium trade insights! š„
#bitcoindominance #altsesaon
Bitcoin dominance is forming an ascending triangle on the 4-hour timeframe and is currently facing strong resistance at the top. š
A solid rejection from this level, followed by a breakdown of the triangle, could trigger a strong rally in altcoins. šš¹
š Key Levels to Watch:
Resistance: 58 level š
Invalidation: A 4-hour candle close above 58 would invalidate this setup.
š§ Stay sharp and keep a close eye on this moveāAltseason might be right around the corner! š
š Follow for more timely updates and premium trade insights! š„
#bitcoindominance #altsesaon
Clementine12:
go go go
WHAT IS EXACTLY BITCOIN MARKET DOMINANCEā
šŗ You are just starting your crypto journey and I bet you hear that word thrown around lately on every post you see.. but what exactly does it mean?
Since BTC was the first crypto currency, it has remained the largest by market cap. Therefore Bitcoin Dominance is simply a metric used to measure the relative market share/capitalisation % compared to the rest of the cryptocurrency sector.
šŗ Why in the world would I care about BTC dominance? What makes it so important?
Good question. There are many reasons why this is an important metric for investors to take into consideration. (Iāll make another post later to not bore you guys with long boring posts and keep it short and simple.) But the main reason you hear that word thrown around lately is: Bitcoin dominance can be used to understand market sentiment. When dominance is high, it generally indicates that investors are more confident in Bitcoin compared to other cryptocurrencies as it might seem as a āsaferā option because of its larger size and more established reputation. On the other hand, when itās low could mean that investors are more willing to take risks on other cryptocurrencies for potential higher returns.
šŗ Finally you might askā¦ how do I know what is the current BTC dominance? Where do I find it?
You can find it by opening trading information of BTC on your Binance App. And that is also true not only for Bitcoin but also for any other cryptocurrency listed on Binance.
#MarketNewHype #bitcoindominance $BTC
šŗ You are just starting your crypto journey and I bet you hear that word thrown around lately on every post you see.. but what exactly does it mean?
Since BTC was the first crypto currency, it has remained the largest by market cap. Therefore Bitcoin Dominance is simply a metric used to measure the relative market share/capitalisation % compared to the rest of the cryptocurrency sector.
šŗ Why in the world would I care about BTC dominance? What makes it so important?
Good question. There are many reasons why this is an important metric for investors to take into consideration. (Iāll make another post later to not bore you guys with long boring posts and keep it short and simple.) But the main reason you hear that word thrown around lately is: Bitcoin dominance can be used to understand market sentiment. When dominance is high, it generally indicates that investors are more confident in Bitcoin compared to other cryptocurrencies as it might seem as a āsaferā option because of its larger size and more established reputation. On the other hand, when itās low could mean that investors are more willing to take risks on other cryptocurrencies for potential higher returns.
šŗ Finally you might askā¦ how do I know what is the current BTC dominance? Where do I find it?
You can find it by opening trading information of BTC on your Binance App. And that is also true not only for Bitcoin but also for any other cryptocurrency listed on Binance.
#MarketNewHype #bitcoindominance $BTC
Bitcoin's Dominance šŖ Rises Amidst Altcoin Slump š
Here are the key takeaways from the recent market shifts:
* Bitcoin's Market Dominance Surges š: Bitcoin's market dominance (BTC.D) witnessed a notable surge, peaking at 57.79% before retracing to 56.97%.
* Altcoin Market Capitalization Plummets š: The total market capitalization of altcoins (excluding Ethereum) experienced a substantial decline of 10.76% over the past 24 hours.
* Volatile Market Conditions š¢: The cryptocurrency market remains highly volatile, with rapid price fluctuations and shifting market dynamics.
* Bitcoin's Influence Grows š: Bitcoin's increasing dominance underscores its role as a safe-haven asset and a leading cryptocurrency.
* Altcoins Face Challenges š§: Altcoins are struggling to maintain their market positions amid Bitcoin's resurgence and broader market headwinds.
* Investor Sentiment Shifts š: Investor sentiment may be shifting towards Bitcoin as a more stable and reliable investment option.
* Market Uncertainty Persists š¤: The future trajectory of the cryptocurrency market remains uncertain, with potential for further volatility.
* Risk Management is Crucial š”ļø: Investors are advised to exercise caution and implement robust risk management strategies.
* Diversification Remains Important š: Diversification across various cryptocurrencies can help mitigate risk and optimize returns.
* Stay Informed and Adapt š§ : Staying updated on market trends and adapting investment strategies accordingly is essential for navigating the evolving cryptocurrency landscape.
#BTCāļø #bitcoindominance
Here are the key takeaways from the recent market shifts:
* Bitcoin's Market Dominance Surges š: Bitcoin's market dominance (BTC.D) witnessed a notable surge, peaking at 57.79% before retracing to 56.97%.
* Altcoin Market Capitalization Plummets š: The total market capitalization of altcoins (excluding Ethereum) experienced a substantial decline of 10.76% over the past 24 hours.
* Volatile Market Conditions š¢: The cryptocurrency market remains highly volatile, with rapid price fluctuations and shifting market dynamics.
* Bitcoin's Influence Grows š: Bitcoin's increasing dominance underscores its role as a safe-haven asset and a leading cryptocurrency.
* Altcoins Face Challenges š§: Altcoins are struggling to maintain their market positions amid Bitcoin's resurgence and broader market headwinds.
* Investor Sentiment Shifts š: Investor sentiment may be shifting towards Bitcoin as a more stable and reliable investment option.
* Market Uncertainty Persists š¤: The future trajectory of the cryptocurrency market remains uncertain, with potential for further volatility.
* Risk Management is Crucial š”ļø: Investors are advised to exercise caution and implement robust risk management strategies.
* Diversification Remains Important š: Diversification across various cryptocurrencies can help mitigate risk and optimize returns.
* Stay Informed and Adapt š§ : Staying updated on market trends and adapting investment strategies accordingly is essential for navigating the evolving cryptocurrency landscape.
#BTCāļø #bitcoindominance
Bitcoinās dominance has been on the rise recently. One of the factors that might be helping its rebound in this cycle is the regulatory environment and the clarity US investors have around Bitcoin as a commodity.
#BTC #bitcoindominance #dyor #crypto2023 #binancefeed
#BTC #bitcoindominance #dyor #crypto2023 #binancefeed
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BitMEX co-founder outlined support for Bitcoin from $30,000 to $35,000
BitMEX co-founder Arthur Hayes weighed in on the impact of controversial decisions by Treasury Secretary Janet Yellen and Fed Chair Jerome Powell on the crypto space.
Noting a 30% correction from the ETF's post-approval high of $48,000 to $33,600, Hayes pegged Bitcoin's current support levels at between $30,000 and $35,000.
#Bitcoin: #BTCUSD #btcusdt #BitcoinTrends #bitcoindominance
$BTC
BitMEX co-founder Arthur Hayes weighed in on the impact of controversial decisions by Treasury Secretary Janet Yellen and Fed Chair Jerome Powell on the crypto space.
Noting a 30% correction from the ETF's post-approval high of $48,000 to $33,600, Hayes pegged Bitcoin's current support levels at between $30,000 and $35,000.
#Bitcoin: #BTCUSD #btcusdt #BitcoinTrends #bitcoindominance
$BTC
BTC.D W1 Rising Wedge
ā¢ Currently zoomed out on dominance and monitoring what seems to be a rising wedge, which for those who are not familiar with it is a bearish pattern.
ā¢ BTC.D has recently made a POC break, but its bullish push could be rejected on the VAH as I predicted with the arrow I've plotted.
ā¢ TFO also in overbought zone, potentially signaling a reversal anytime, but there is more room for further upward push to reach the extremely overbought status.
ā¢ In the event we see a dump in dominance and $BTC somehow consolidates, it'll be a party spree for alts.
Key break points to WOF:
ā¢ 55.75%
ā¢ 54.06%
ā¢ 49.66%
#bitcoindominance
ā¢ Currently zoomed out on dominance and monitoring what seems to be a rising wedge, which for those who are not familiar with it is a bearish pattern.
ā¢ BTC.D has recently made a POC break, but its bullish push could be rejected on the VAH as I predicted with the arrow I've plotted.
ā¢ TFO also in overbought zone, potentially signaling a reversal anytime, but there is more room for further upward push to reach the extremely overbought status.
ā¢ In the event we see a dump in dominance and $BTC somehow consolidates, it'll be a party spree for alts.
Key break points to WOF:
ā¢ 55.75%
ā¢ 54.06%
ā¢ 49.66%
#bitcoindominance
#BTCDOM : Alt Coins bleeding? Bitcoin dominance surge might be the reason. Market sentiment often tilts with BTC dominance shifts. š©øš #bitcoindominance
Trading fam, let's amplify this community! Show some love with a like, repost, and follow. Together, we'll ride the gains! š°š #TradingCommunity
#Write2Earn #BTC
Trading fam, let's amplify this community! Show some love with a like, repost, and follow. Together, we'll ride the gains! š°š #TradingCommunity
#Write2Earn #BTC
šš BTC DOMINANCE UPDATE šš
Attention crypto traders! š It's time for a crucial update on Bitcoin dominance and its potential impact on the market. šš„
š What's Happening?
Bitcoin dominance recently encountered a historical trend line during its retest phase. š This event typically signifies a bullish outlook for Bitcoin dominance, suggesting that Bitcoin may regain its dominance in the cryptocurrency market. šš¼ However, there's more to the story than meets the eye. š¤
š” What Does It Mean?
Despite the bullish trend line encounter, there are signs of potential weakness in Bitcoin dominance. šš Aggressive volumes and increased buying pressure on altcoins indicate growing investor interest in alternative cryptocurrencies. šš° This could lead to a significant shift in market dynamics, potentially decreasing Bitcoin dominance.
š Why It Matters:
The outcome of this battle between Bitcoin and altcoins could have far-reaching implications for the broader cryptocurrency market. š”š If Bitcoin dominance breaks downwards, it could signal the beginning of an "altseason," where altcoins outperform Bitcoin in terms of price appreciation. šš² Conversely, a bullish continuation in Bitcoin dominance could mean a prolonged period of Bitcoin dominance over the market.
š Trading Tip:
As the market reacts to these developments, it's crucial to remain vigilant and adapt your trading strategy accordingly. š§š¼ Consider diversifying your portfolio to include a mix of Bitcoin and altcoins to hedge against market volatility. šŖš And always remember to implement proper risk management techniques to safeguard your investments. š”š¼
Stay tuned as we closely monitor the evolving situation and its potential impact on the cryptocurrency market. šš Don't miss out on the latest updates! #BTC #bitcoindominance #CryptoTradingTips šš„
$BTC #TrendingTopic #Write2Earnā¬
Attention crypto traders! š It's time for a crucial update on Bitcoin dominance and its potential impact on the market. šš„
š What's Happening?
Bitcoin dominance recently encountered a historical trend line during its retest phase. š This event typically signifies a bullish outlook for Bitcoin dominance, suggesting that Bitcoin may regain its dominance in the cryptocurrency market. šš¼ However, there's more to the story than meets the eye. š¤
š” What Does It Mean?
Despite the bullish trend line encounter, there are signs of potential weakness in Bitcoin dominance. šš Aggressive volumes and increased buying pressure on altcoins indicate growing investor interest in alternative cryptocurrencies. šš° This could lead to a significant shift in market dynamics, potentially decreasing Bitcoin dominance.
š Why It Matters:
The outcome of this battle between Bitcoin and altcoins could have far-reaching implications for the broader cryptocurrency market. š”š If Bitcoin dominance breaks downwards, it could signal the beginning of an "altseason," where altcoins outperform Bitcoin in terms of price appreciation. šš² Conversely, a bullish continuation in Bitcoin dominance could mean a prolonged period of Bitcoin dominance over the market.
š Trading Tip:
As the market reacts to these developments, it's crucial to remain vigilant and adapt your trading strategy accordingly. š§š¼ Consider diversifying your portfolio to include a mix of Bitcoin and altcoins to hedge against market volatility. šŖš And always remember to implement proper risk management techniques to safeguard your investments. š”š¼
Stay tuned as we closely monitor the evolving situation and its potential impact on the cryptocurrency market. šš Don't miss out on the latest updates! #BTC #bitcoindominance #CryptoTradingTips šš„
$BTC #TrendingTopic #Write2Earnā¬
Attention Altcoin Investors: Brace for Impact!
The cryptoverse is experiencing a chilling bloodbath, with major altcoin projects hemorrhaging 20% or more as Bitcoin flexes its dominance. Buckle up, folks, because things are about to get bumpy.
Remember that feeling when you first started investing in altcoins? The thrill of discovery, the potential for explosive gains, the unshakeable belief that you'd found the next hidden gem? Yeah, that might be on hold for a while.
This isn't your typical market correction, it's a full-blown altcoin massacre. Even established players like Ethereum and Solana are reeling, while lesser-known projects are facing near annihilation.
But fear not, intrepid crypto warriors! This is where opportunity often hides. While the faint of heart are scrambling for the exits, seasoned investors see this as a chance to snag undervalued gems at fire-sale prices.
But before you dive headfirst into the bargain bin, remember this:
Volatility is the name of the game in crypto. This isn't for the easily spooked. Be prepared for wild swings and stomach-churning dips. Do your research! Just because a coin is cheap doesn't mean it's good. Understand the project, the team, and the potential risks before you commit. Diversify, diversify, diversify! Don't put all your eggs in one basket (or one altcoin!). Spread your bets across different projects to mitigate risk. ēÆ®
This altcoin bloodbath may be scary, but it's not the end. Remember, even the mightiest trees started as tiny seedlings. So, stay informed, make smart choices, and weather the storm. The crypto future is still bright, but for now, buckle up and hold on tight!
P.S. Don't forget to share your thoughts and experiences in the comments below!
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
#AltcoinBloodbath #bitcoindominance #CryptoVolatility #DYOR #Write2Earn
The cryptoverse is experiencing a chilling bloodbath, with major altcoin projects hemorrhaging 20% or more as Bitcoin flexes its dominance. Buckle up, folks, because things are about to get bumpy.
Remember that feeling when you first started investing in altcoins? The thrill of discovery, the potential for explosive gains, the unshakeable belief that you'd found the next hidden gem? Yeah, that might be on hold for a while.
This isn't your typical market correction, it's a full-blown altcoin massacre. Even established players like Ethereum and Solana are reeling, while lesser-known projects are facing near annihilation.
But fear not, intrepid crypto warriors! This is where opportunity often hides. While the faint of heart are scrambling for the exits, seasoned investors see this as a chance to snag undervalued gems at fire-sale prices.
But before you dive headfirst into the bargain bin, remember this:
Volatility is the name of the game in crypto. This isn't for the easily spooked. Be prepared for wild swings and stomach-churning dips. Do your research! Just because a coin is cheap doesn't mean it's good. Understand the project, the team, and the potential risks before you commit. Diversify, diversify, diversify! Don't put all your eggs in one basket (or one altcoin!). Spread your bets across different projects to mitigate risk. ēÆ®
This altcoin bloodbath may be scary, but it's not the end. Remember, even the mightiest trees started as tiny seedlings. So, stay informed, make smart choices, and weather the storm. The crypto future is still bright, but for now, buckle up and hold on tight!
P.S. Don't forget to share your thoughts and experiences in the comments below!
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
#AltcoinBloodbath #bitcoindominance #CryptoVolatility #DYOR #Write2Earn
Update: When I shared these charts, BTC dominance was at 55%, and now it is below 54%. You all can see the effect in the market, and most alts are pumping.
Update: Dominance is dropping a little today
#BTCā¬ #bitcoindominance
Bitcoin dominance is at resistance, rejecting from here, and if the market cap remains stable, then we can see an alt season.
But on the other hand, if dominance breaks that resistance, then we can expect altcoin bleeding. Just wait for rejection before taking entries.
#TrendingTopic #Write2Eam
Update: Dominance is dropping a little today
#BTCā¬ #bitcoindominance
Bitcoin dominance is at resistance, rejecting from here, and if the market cap remains stable, then we can see an alt season.
But on the other hand, if dominance breaks that resistance, then we can expect altcoin bleeding. Just wait for rejection before taking entries.
#TrendingTopic #Write2Eam
$BTC Dominance Chart,
vertical lines are The #HALVÄ°NG months,
We can clearly see the decline in #bitcoindominance after Halving which brings us the #AltSeasonComing . Be patient
& Follow for more Amazing Market Analysis š
vertical lines are The #HALVÄ°NG months,
We can clearly see the decline in #bitcoindominance after Halving which brings us the #AltSeasonComing . Be patient
& Follow for more Amazing Market Analysis š
šØ #bitcoindominance Rising Wedge Breakout Confirmed ā
The stage is setāare you ready for the upcoming #ALTSEASON š
Get your altcoin watchlist ready, because the market is primed for explosive moves.
Don't miss out on the actionāfollow me!
The stage is setāare you ready for the upcoming #ALTSEASON š
Get your altcoin watchlist ready, because the market is primed for explosive moves.
Don't miss out on the actionāfollow me!
This is the picture shows my prediction of Bitcoin Dominance BTC.D in May2023. It gose to the resistance area.
For the next 2 months, alt coin will outperform $BTC Probaly, we will see the index continue to rise after the halving.
==> FINAL CHANCE TO BUY $ITCOIN BELOW 50kššš
#TechnicalAnalysis
#bitcoindominance
For the next 2 months, alt coin will outperform $BTC Probaly, we will see the index continue to rise after the halving.
==> FINAL CHANCE TO BUY $ITCOIN BELOW 50kššš
#TechnicalAnalysis
#bitcoindominance
In case you have a problem predicting the mid-term direction of bitcoin and altcoins. Here's some guide to follow.
The Bitcoin Dominance Cycle (DBC)
DBC is a good indicator on the current and future trend possible for the market. You can use it when timing your position.
But remember, this is just one part of analysis and not always right. Other factors could also affect the movement of coins. Stay Informed everyone.
*Credits to the rightful ownership of the photo*
Like and follow for more
#BitcoinDominanaceImpact
#bitcoindominance
#BTCdominance
The Bitcoin Dominance Cycle (DBC)
DBC is a good indicator on the current and future trend possible for the market. You can use it when timing your position.
But remember, this is just one part of analysis and not always right. Other factors could also affect the movement of coins. Stay Informed everyone.
*Credits to the rightful ownership of the photo*
Like and follow for more
#BitcoinDominanaceImpact
#bitcoindominance
#BTCdominance
Bitcoin Dominance
The level of 57.25% in Bitcoin Dominance was the support zone of 2019-2020 levels. This region was a strong resistance at the moment, but it throws it on it and falls back in this way, it gives a little hope to see if there may be a deviation. Of course, it should be watched, it would be wrong to enter such an idea in the first move, it is necessary to see continuity, it is reinterpreted in the following days according to the situation below the resistance zone.
I'm sure of the ETH/BT pair that everyone is following it this way, and I'm following it this way. There is a falling channel it has created since 2022 and it has been progressing in that ratio, there has been no loss of the channel yet, it has not been able to break the top even though it has tried a lot permanently, so we are following the right thing. The upper band of the channel needs to be broken.
This is how I follow the Others Dominans side, first a wedge, an upward break, a rising trend, break the rising trend and makes an intermediate decline and returns to the real uptrend. We have 1 example, our current example is similar. In case of a possible comparison, up to 28% should come in the current cycle, my follow-up is like this.
In general, I don't share it because everyone follows and shares the same things, but I follow them in this way in the background, let me share it because there are people who ask.
#bitcoindominance $BTC
I'm sure of the ETH/BT pair that everyone is following it this way, and I'm following it this way. There is a falling channel it has created since 2022 and it has been progressing in that ratio, there has been no loss of the channel yet, it has not been able to break the top even though it has tried a lot permanently, so we are following the right thing. The upper band of the channel needs to be broken.
This is how I follow the Others Dominans side, first a wedge, an upward break, a rising trend, break the rising trend and makes an intermediate decline and returns to the real uptrend. We have 1 example, our current example is similar. In case of a possible comparison, up to 28% should come in the current cycle, my follow-up is like this.
In general, I don't share it because everyone follows and shares the same things, but I follow them in this way in the background, let me share it because there are people who ask.
#bitcoindominance $BTC
š° #BTC Dominance is breaking through important key levelš§
There is more room for an upside moveš
#Altseason will hit us right at the rejection of the top supply zone (for now it will take a bit more time)
@cryptobreakout_trader #BinanceTurns7 #BTCāļø #bitcoindominance #BTCdominance #bitcoin $BTC
$ETH
There is more room for an upside moveš
#Altseason will hit us right at the rejection of the top supply zone (for now it will take a bit more time)
@cryptobreakout_trader #BinanceTurns7 #BTCāļø #bitcoindominance #BTCdominance #bitcoin $BTC
$ETH