$BTC Bitcoin dominance is at a crucial moment. It recently hit a new yearly high of 58% amid a crypto and stock market crash¹. However, if we consider the 200-day pattern I mentioned, with 50 weeks of decline and 150 weeks of growth, we may be close to a turning point.
The previous decline cycle ended in December 2021 near the 40% support, and if the pattern repeats itself, Bitcoin dominance COULD START FALLING as late as OCTOBER 2025². This is consistent with my analysis that the current cycle is one of growth and ends in a week.
It is important to note that the crypto market is volatile and can be influenced by many factors. However, if the pattern holds, we could see a shift in Bitcoin dominance in the coming months.
*Factors to consider:*
- _Market Cap_: Bitcoin dominance is measured relative to the total market cap of cryptocurrencies ³. - _Market Trends_: Cryptocurrency and stock market crashes can influence Bitcoin dominance ¹. - _Historical Patterns_: The 200-day pattern may be an indicator of a shift in Bitcoin dominance ².
In short, while there is no certainty, the analysis of the 200-day pattern suggests that Bitcoin dominance could reverse soon. It is important to keep an eye on changes in the market and adjust your strategies as needed.
$SOL When an asset, such as Solana (SOL) in USDT, is referred to as having “broken resistance”, it means that the price has broken through previously established price levels that acted as barriers to price increases. This can be a sign that the asset could continue to rise, as the breaking of resistance often indicates a shift in supply and demand.
As for EMAs (Exponential Moving Averages), when the 50-period EMA crosses above the 200-period EMA, it is a bullish signal, suggesting that the asset could be in a positive long-term trend. Similarly, if the 35-period EMA powerhouse also crosses above the 200-period EMA, this reinforces the bullish signal. In short, these crossovers can be indicators of a possible increase in the asset’s price in the future.
There are many simple setups, one of them is Solana. The price broke through the resistance level of $161 and stayed below that level for 4 months.
Buying in the range of $160 to $168 is a good buy, it will definitely reach at least $185 to $190, but it can easily break above $200 in a relatively short time frame.
$BTC , IN THE NEXT FEW HOURS 🤑💯 in a very bullish Rally .... Breaking a strong Resistance, of a bearish parallel channel with BULLISH continuity ... I think its target will be 77 to 80 thousand. in its first impulse ... !!!
$BTC About to Break Parallel Channel, Weekly .../// Parallel Channel A channel can be used as an entry pattern for the continuation of an established trend and can be part of a trend following strategy. The channel is formed when price action is controlled by two parallel, sloping lines, and when it has tested each of these lines at least twice. An ascending channel indicates an uptrend, with the support line connecting successive higher lows and the resistance line connecting consecutive higher highs.
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LET'S TALK ABOUT THIS LAUNCH...@@@ Trump's coin, known as "Trump Coin," and its relationship to protocols like AAVE are not widely recognized or verified in the financial realm. AAVE is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries. The "Trump Coin" and other cryptocurrencies associated with political figures are usually marketing or speculation initiatives rather than solid projects. As for "Liberty Binance Global," there is no clear information about a specific cryptocurrency with that name. Binance is one of the largest cryptocurrency exchange platforms and could offer a variety of coins and tokens, but it is essential to do proper research before investing in any cryptocurrency.