bitcoindominance
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BTCDOM - Sets New Highs đ
The Bitcoin Dominance Index, which measures the ratio of $BTC capitalization to the entire crypto market's capitalization, set a new yearly high above 58%.
đ At the same time, the alt is practically not reduced. The growth of dominance occurs due to the restoration $BTC amid a sideways movement in altcoins. This situation suggests that some altcoins have already reached their bottom.
Entering alts in the medium term is still quite risky, and I am waiting for a signal of a change in mood - the index breaking through the ascending trend and consolidating above it.
đââïž Until then, I plan to focus on $BTC , and in the case of opening positions on alts, I will count on short-term transactions.
#Bitcoinâ â #bitcoindominance #Debate2024 #BinanceLaunchpoolHMSTR #FOMC_Meeting_Results
The Bitcoin Dominance Index, which measures the ratio of $BTC capitalization to the entire crypto market's capitalization, set a new yearly high above 58%.
đ At the same time, the alt is practically not reduced. The growth of dominance occurs due to the restoration $BTC amid a sideways movement in altcoins. This situation suggests that some altcoins have already reached their bottom.
Entering alts in the medium term is still quite risky, and I am waiting for a signal of a change in mood - the index breaking through the ascending trend and consolidating above it.
đââïž Until then, I plan to focus on $BTC , and in the case of opening positions on alts, I will count on short-term transactions.
#Bitcoinâ â #bitcoindominance #Debate2024 #BinanceLaunchpoolHMSTR #FOMC_Meeting_Results
#BTC đ
Bitcoin Dominance has just made history!
For the first time since April 2019, it has Weekly Closed above 57.68% (green) đ
Thatâs 5 years ago!
đŽ The last time this happened, it sparked a multi-month uptrend in Bitcoin Dominance, climbing all the way to 71%!
Key Takeaways:
đ First Weekly Close above 57.68% since 2019
đ Could we see another Bitcoin Dominance uptrend to 71%?
âł History might be repeating itself!
Stay tuned for whatâs next!
#bitcoinâïž #CryptoDecision #bitcoindominance $BTC
Bitcoin Dominance has just made history!
For the first time since April 2019, it has Weekly Closed above 57.68% (green) đ
Thatâs 5 years ago!
đŽ The last time this happened, it sparked a multi-month uptrend in Bitcoin Dominance, climbing all the way to 71%!
Key Takeaways:
đ First Weekly Close above 57.68% since 2019
đ Could we see another Bitcoin Dominance uptrend to 71%?
âł History might be repeating itself!
Stay tuned for whatâs next!
#bitcoinâïž #CryptoDecision #bitcoindominance $BTC
Do you have a moment to talk about Bitcoin dominance?
Since crypto became big in the summer of 2017 exceeding $100 Billion in marketcap, the long term trend has been that BTC share of the marketcap continues to increase. Since 7 years ago,
BTC dominance has been steadily increasing, ETH dominance has halved, the #3, #4, #5 share of marketcaps have gone down significantly the rest of the Alts combined share of marketcap has also gone down a lot.
The 2 trends are BTC's increasing share of the total marketcap dominance and Stablecoin increasing share of total marketcap which hides how dominant BTC is. These trends indicate that you don't hold crypto long term. You consolidate profits into BTC and watch your shitcoins lose value and die.
June 2017
BTC dominance 38%
ETH 33%
XRP 10%
Remaining Alts COMBINED 19%
BTC Dominance Today excluding StableCoins
BTC 62%
ETH 16.5%
BNB 4.1%
SOL 3.4%
Remaining Alts COMBINED 14%
BTC Dominance Today including StableCoins
BTC dominance 56.5%
ETH 14.75%
BNB 3.59%
SOL 3.37%
StableCoins 10%
Remaining Alts COMBINED 11.79%
#bitcoindominance #BTCdominance #NeiroOnBinance #Write2Earn! #BinanceSquareFamily
Since crypto became big in the summer of 2017 exceeding $100 Billion in marketcap, the long term trend has been that BTC share of the marketcap continues to increase. Since 7 years ago,
BTC dominance has been steadily increasing, ETH dominance has halved, the #3, #4, #5 share of marketcaps have gone down significantly the rest of the Alts combined share of marketcap has also gone down a lot.
The 2 trends are BTC's increasing share of the total marketcap dominance and Stablecoin increasing share of total marketcap which hides how dominant BTC is. These trends indicate that you don't hold crypto long term. You consolidate profits into BTC and watch your shitcoins lose value and die.
June 2017
BTC dominance 38%
ETH 33%
XRP 10%
Remaining Alts COMBINED 19%
BTC Dominance Today excluding StableCoins
BTC 62%
ETH 16.5%
BNB 4.1%
SOL 3.4%
Remaining Alts COMBINED 14%
BTC Dominance Today including StableCoins
BTC dominance 56.5%
ETH 14.75%
BNB 3.59%
SOL 3.37%
StableCoins 10%
Remaining Alts COMBINED 11.79%
#bitcoindominance #BTCdominance #NeiroOnBinance #Write2Earn! #BinanceSquareFamily
Be Careful if you hold any of these Tokens_
$JTO - 166% supply increase in the next 6 months. Large Cliff on December 7, mainly Investors, and Core Contributors.
$TIA - 145% supply increase in the next 6 months. The Large Cliff on October 31 increases the supply by 80%.
$ONDO - 134% supply increase in the next 6 months. Huge Cliff on January 18 mainly Ecosystem but also some Investors.
$ZETA - 82% supply increase in the next 6 months. Unlocks happen monthly and Contributors receive 32% of the circulating supply.
$PORTAL - 115% supply increase in the next 6 months. Linear Unlocks for Private and Public Sale Investors.
$STG - 42% supply increase in the next 6 months. Linear Unlocks to team and investors.
$WLD - 37.5% supply increase in the next 30 days. Mostly linear unlocks for"Community" and Investors.
__
I wonder if these gigantic token unlocks influence Bitcoin's Dominance.
Are unlocks against Altcoins season?
Fundamentals matter it makes sense to prioritise tokenomics. Cheers!
(Leave a like if this was helpful)
#tokenunlocks #AltCoinSeason #bitcoindominance #CryptoFundamentals #Write2Earn!
$TIA - 145% supply increase in the next 6 months. The Large Cliff on October 31 increases the supply by 80%.
$ONDO - 134% supply increase in the next 6 months. Huge Cliff on January 18 mainly Ecosystem but also some Investors.
$ZETA - 82% supply increase in the next 6 months. Unlocks happen monthly and Contributors receive 32% of the circulating supply.
$PORTAL - 115% supply increase in the next 6 months. Linear Unlocks for Private and Public Sale Investors.
$STG - 42% supply increase in the next 6 months. Linear Unlocks to team and investors.
$WLD - 37.5% supply increase in the next 30 days. Mostly linear unlocks for"Community" and Investors.
__
I wonder if these gigantic token unlocks influence Bitcoin's Dominance.
Are unlocks against Altcoins season?
Fundamentals matter it makes sense to prioritise tokenomics. Cheers!
(Leave a like if this was helpful)
#tokenunlocks #AltCoinSeason #bitcoindominance #CryptoFundamentals #Write2Earn!
BITCOIN DOMINANCE UPDATE: WHEN ALTSEASON?
Hey everyone!
Appreciate a like and follow if this analysis helps!
Bitcoin Dominance is a key indicator for potential altcoin seasons. While there's been anticipation, the market hasn't shown significant changes yet. Let's analyze the Bitcoin Dominance chart for clues.
On the weekly timeframe, Bitcoin Dominance has formed a large rising wedge pattern and is approaching strong resistance. This level acted as support in 2019-2020 but has now turned into resistance.
We're currently in a potential "maximum pain zone." This period can present opportunities to accumulate promising altcoins for potential gains during the upcoming bull run.
Important to note:Â Accumulating now might involve short-term losses of 20-30% due to market manipulation. However, the potential for 20x-30x returns during the bull run makes this risk worthwhile for some.
Key Takeaway:
Seize the Opportunity:Â Start accumulating quality altcoins now to capitalize on the potential bull run.
Embrace Risk: Be prepared for short-term losses to reap long-term rewards.
Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
#bitcoindominance #altsesaon #Write2Earn! #crypto
Hey everyone!
Appreciate a like and follow if this analysis helps!
Bitcoin Dominance is a key indicator for potential altcoin seasons. While there's been anticipation, the market hasn't shown significant changes yet. Let's analyze the Bitcoin Dominance chart for clues.
On the weekly timeframe, Bitcoin Dominance has formed a large rising wedge pattern and is approaching strong resistance. This level acted as support in 2019-2020 but has now turned into resistance.
We're currently in a potential "maximum pain zone." This period can present opportunities to accumulate promising altcoins for potential gains during the upcoming bull run.
Important to note:Â Accumulating now might involve short-term losses of 20-30% due to market manipulation. However, the potential for 20x-30x returns during the bull run makes this risk worthwhile for some.
Key Takeaway:
Seize the Opportunity:Â Start accumulating quality altcoins now to capitalize on the potential bull run.
Embrace Risk: Be prepared for short-term losses to reap long-term rewards.
Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
#bitcoindominance #altsesaon #Write2Earn! #crypto
$BTC Dominance Breakdown Sparks Altcoin Surge! đšđš
As we shared with you a few days ago, Bitcoin dominance was forming a double top on the chart. Today, weâve finally seen the breakdown of the $BTC Dominance; 56.90% level, just as we anticipated. This has triggered an incredible pump in altcoins, giving traders a highly bullish moment. đ
But keep in mind, the daily closing hasn't happened yet. If there's a reversal in the dominance candle before the daily close, we could see a sharp crash in altcoins. đđ
Enjoy the ride, everyone! đ
#USNonFarmPayrollReport #CryptoMarketMoves #BTCâ #bitcoindominance #TelegramCEO
As we shared with you a few days ago, Bitcoin dominance was forming a double top on the chart. Today, weâve finally seen the breakdown of the $BTC Dominance; 56.90% level, just as we anticipated. This has triggered an incredible pump in altcoins, giving traders a highly bullish moment. đ
But keep in mind, the daily closing hasn't happened yet. If there's a reversal in the dominance candle before the daily close, we could see a sharp crash in altcoins. đđ
Enjoy the ride, everyone! đ
#USNonFarmPayrollReport #CryptoMarketMoves #BTCâ #bitcoindominance #TelegramCEO
Bitcoinâs 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
Guys im Re-calling it Again !
There is no highlight in the moment about bull divergent, but there is possibility alt recover, if bitcoin dominance not rushing, we can get the recover, but as we know, we still get dip here for you are late to dip. Always watchout !
just in case this week is proper to DIP, keep calm and hold, retail agenda is âgot caughtâ on some action by the whales, retails will try ape long position and we may face short position action from whales in altcoin, but i suggest dont try shorting, keep focus low leverage.
-This preventive action-
*While i am Re-Buff again to recall action, that there is inducement of Bitcoin Dominance come try to make a momentum, so be prepare, and mine try to activate limit order short position Bitcoin Dominance at 2.350,
We need to be careful, bitcoin can make a chase 69k by forcing up and can make dominance will be easily ride up, for now try play little longer for this week, since US news can also distract our plan, dont take many position for this week, and BUY the dip with DCA, until we some sign either BTC hits 69k or BTC passed it and make sideways, then we can come through to dip more until the situation clear, the plan is still there, we just need to careful alt long will be test by whales, because there is small amount of shorting position, and whales is play wait and see to bait some FOMO do short altcoins.
#bitcoindominance #KeepCalmAndHODLOn
There is no highlight in the moment about bull divergent, but there is possibility alt recover, if bitcoin dominance not rushing, we can get the recover, but as we know, we still get dip here for you are late to dip. Always watchout !
just in case this week is proper to DIP, keep calm and hold, retail agenda is âgot caughtâ on some action by the whales, retails will try ape long position and we may face short position action from whales in altcoin, but i suggest dont try shorting, keep focus low leverage.
-This preventive action-
*While i am Re-Buff again to recall action, that there is inducement of Bitcoin Dominance come try to make a momentum, so be prepare, and mine try to activate limit order short position Bitcoin Dominance at 2.350,
We need to be careful, bitcoin can make a chase 69k by forcing up and can make dominance will be easily ride up, for now try play little longer for this week, since US news can also distract our plan, dont take many position for this week, and BUY the dip with DCA, until we some sign either BTC hits 69k or BTC passed it and make sideways, then we can come through to dip more until the situation clear, the plan is still there, we just need to careful alt long will be test by whales, because there is small amount of shorting position, and whales is play wait and see to bait some FOMO do short altcoins.
#bitcoindominance #KeepCalmAndHODLOn
Quoted content has been removed
Bitcoin is going to $100k-$150k in
this next cycle.
Get ready boys#Bitcoinâs #bitcoindominance #cryptomarketcap
this next cycle.
Get ready boys#Bitcoinâs #bitcoindominance #cryptomarketcap
Bitcoin Dominance just in a yearly range!
Domination continues to put pressure on the entire alt market. Apparently, the figure of 50% is more than realistic in the near future.
BTC D #BTC #bitcoindominance
Domination continues to put pressure on the entire alt market. Apparently, the figure of 50% is more than realistic in the near future.
BTC D #BTC #bitcoindominance
đđ„ Top 3 Cryptos to Buy Today: BTC, SOL, Manta đ„đ
1/ đ #Bitcoin (BTC): The King of Crypto! đ
- BTC isn't just the first cryptocurrency; it's a digital gold standard. With its widespread adoption and recognition, it's often considered a safe haven in the volatile crypto market. đĄïžđ° #bitcoindominance
2/ đĄ BTC Fact Check đĄ
- Did you know? If Bitcoin were a country, its energy consumption would rank 30th in the world, above Argentina! đ⥠#BitcoinFacts
3/ âïž #Solana (SOL): The Speedster! âïž
- SOL has made waves with its lightning-fast transaction speeds and low fees. It's becoming a favorite for developers and investors alike. A true contender in the smart contract arena. đïžđš #SolanaSurge
4/ đš SOL's Unique Edge đš
- Solana's Hybrid Proof-of-History consensus mechanism is its ace card, blending speed with security. It's not just a crypto; it's a revolution in blockchain tech! đ ïžđ #InnovationInCrypto
5/ đ #Manta: Privacy Pioneer! đ
- Manta is making privacy in crypto transactions its mission. With cutting-edge tech, it's a game-changer for those seeking anonymity and security. đ”ïžââïžđŒ #PrivacyMatters
6/ đł Dive into Manta đł
- Manta leverages zk-SNARKs, the same tech behind Zcash, to ensure transaction privacy. It's like having an invisible cloak for your crypto activities! đ©đź #CryptoPrivacy
7/ đ Thoughts, Crypto Fans? đ
- What are your takes on BTC, SOL, and Manta? Are they part of your portfolio? Share your insights, tips, or questions in the comments below! Let's chat. đŹđ #CryptoTalks
Remember, in the world of crypto, knowledge is as valuable as your investments. Stay curious, stay informed, and happy trading! đđĄ #CryptoWisdom #TradeSmart
1/ đ #Bitcoin (BTC): The King of Crypto! đ
- BTC isn't just the first cryptocurrency; it's a digital gold standard. With its widespread adoption and recognition, it's often considered a safe haven in the volatile crypto market. đĄïžđ° #bitcoindominance
2/ đĄ BTC Fact Check đĄ
- Did you know? If Bitcoin were a country, its energy consumption would rank 30th in the world, above Argentina! đ⥠#BitcoinFacts
3/ âïž #Solana (SOL): The Speedster! âïž
- SOL has made waves with its lightning-fast transaction speeds and low fees. It's becoming a favorite for developers and investors alike. A true contender in the smart contract arena. đïžđš #SolanaSurge
4/ đš SOL's Unique Edge đš
- Solana's Hybrid Proof-of-History consensus mechanism is its ace card, blending speed with security. It's not just a crypto; it's a revolution in blockchain tech! đ ïžđ #InnovationInCrypto
5/ đ #Manta: Privacy Pioneer! đ
- Manta is making privacy in crypto transactions its mission. With cutting-edge tech, it's a game-changer for those seeking anonymity and security. đ”ïžââïžđŒ #PrivacyMatters
6/ đł Dive into Manta đł
- Manta leverages zk-SNARKs, the same tech behind Zcash, to ensure transaction privacy. It's like having an invisible cloak for your crypto activities! đ©đź #CryptoPrivacy
7/ đ Thoughts, Crypto Fans? đ
- What are your takes on BTC, SOL, and Manta? Are they part of your portfolio? Share your insights, tips, or questions in the comments below! Let's chat. đŹđ #CryptoTalks
Remember, in the world of crypto, knowledge is as valuable as your investments. Stay curious, stay informed, and happy trading! đđĄ #CryptoWisdom #TradeSmart
đš BREAKING đš
$87 BILLION ASSET MANAGER
WISDOMTREE OFFICIALLY FILED
FOR SPOT BITCOIN ETF.
INSTITUTIONS ARE FOMOING INTO
BITCOIN WITH TRILLIONS & BILLIONS đ„
#cryptomarketcap #Bitcoinâs #bitcoindominance #volume #BinanceTournament $BTC $ETH $USDC
$87 BILLION ASSET MANAGER
WISDOMTREE OFFICIALLY FILED
FOR SPOT BITCOIN ETF.
INSTITUTIONS ARE FOMOING INTO
BITCOIN WITH TRILLIONS & BILLIONS đ„
#cryptomarketcap #Bitcoinâs #bitcoindominance #volume #BinanceTournament $BTC $ETH $USDC
HONG KONG ALLOCATES $6.4M TO ACCELERATE #BLOCKCHAIN DEVELOPMENT AS HONG KONG CYBERPORT WELCOMES 150+ COMPANIES IN THE #WEB3/BLOCKCHAIN SECTOR
$BTC $ETH $BNB #bitcoindominance #cryptomarketcap #volume #global #BlackRock
$BTC $ETH $BNB #bitcoindominance #cryptomarketcap #volume #global #BlackRock
$BTC $ETH $BNB #bitcoindominance #cryptomarketcap #volume #global #BlackRock
The US Court of Appeals could be getting ready to issue a ruling on the $GBTC case of @Grayscale vs. @SECGov before end Aug. Rulings are issued on Tuesdays and Fridays at 11:00am EST. Time to load up on #GBTC as we await this ruling, coupled with the @BlackRock #ETF filing news. Exciting times.
The US Court of Appeals could be getting ready to issue a ruling on the $GBTC case of @Grayscale vs. @SECGov before end Aug. Rulings are issued on Tuesdays and Fridays at 11:00am EST. Time to load up on #GBTC as we await this ruling, coupled with the @BlackRock #ETF filing news. Exciting times.
đš BREAKING đš
BITCOIN JUST TOUCHED $29,000 đ„
BEARS IN DISBELIEF
#cryptomarketcap #Bitcoinâs #bitcoindominance #volume #BinanceTournament $BTC $ETH $BNB
BITCOIN JUST TOUCHED $29,000 đ„
BEARS IN DISBELIEF
#cryptomarketcap #Bitcoinâs #bitcoindominance #volume #BinanceTournament $BTC $ETH $BNB
What is your opinion after #bitcoindominance ?
This is a open discussion to everyone so as to foster #Write2Earn reward for allđ€
This is a open discussion to everyone so as to foster #Write2Earn reward for allđ€