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BTC Dominance streak ending soon? Is Alt season coming?Hi guys its Brian here. We may potentially see BTC dominating streak come to an end soon which can be a good thing for alt coins. As you can see from the BTC dominance chart, it has been on a steady rise leading to alt coins bleeding as BTC gain dominance over them. However it is now reaching the resistance level and if it doesn't break through, then BTC dominance could go back down and let the money flow into the alt coins instead. Looking at the way alt coin market is currently, I would say it is about time so I would keep a look out for the incoming alt season as it can be a big one seeing how low most alts have gone down. www.brianchai.com Free Trading Group (signals, news, price alerts & more!)
CRYPTOCAP:BTC.D
by BrianChai
Alt coins Market Cap (With example bitcoin) from current to HighAlt coins Market Cap (With example bitcoin) Bitcoin have same structur (Bitcoin correction or flat) Altcoins go UP in 2016. Maybe same scenario in 2019? Maybe we will repeat the scenario of rapid growth of altcoins. Many have already lost faith in the Altcoins. Similarly, it was with the bitcon on the price of 3000-4000. Altcoins as you know, are about 300% behind Bitcoin. I remain optimistic about the growth of altcoins.
CRYPTOCAP:TOTAL2Long
by UnknownUnicorn285026
5
TRON - Support - Bullish EngulfingTRON - Support - High Engolfo. TRX / BTC just touched your biggest support. We have a high, very powerful ENGOLFO candlestick Pattern. Every time we touched this support, we had a shot in PAR TRON / BTC. The risk is worth it. Engolfo is a standard BULLISH. Observing the DOMINANCE of the BTC, we have a possible DOUBLE TOP. We are very close to an "Alt SEASON" This time whales multiply their BTCs. Welcome back to 2017. Are you ready? It will be the biggest BULL RUN of ALL! HERE WE GO! CAME OUR TIME! ALT SEASON 2019!
Long
by ferGOD
1
BTC to $8200 or lowerAfter a highly exceptional run bitcoin reached it's 3.618 target, with percussion. BTC saw it's value reach, in perfect fashion, the 3.618 advancement line. Also consider Bitcoin's Dominance found strong resistance at a perfectly measured Gann Fann Please see related idea: From here, I see two possible scenarios playing out for Bitcoin. Either, the bear market is truly over and this 5-impulse wave up was just wave 1 of the larger move to come, in which case look to the blue up arrows and green & orange boxes. This could see the price achieve a new all time high for 2019. $22,528 OR It was all the US/China trade war and a trade deal announcement and deescalation of tensions between the US and China. Such an event would happen over the summer. Between potentially next week and say labor day or end of September if you wish. I think we will have a better picture of things to come by the end of June and again by the middle of July But in any case, I am quite confident the price of bitcoin will do some type of correction trend lower over the next 1-3 weeks. (Probably 3 - until the middle of July). short targets - just follow the Fibonacci road! Green boxes are pretty safe bets, IMO. 1) $9316 (green zone - high prob) 2) $8136 (green zone high prob) 3) $7183 (Yellow zone - med-high prob) 4) $6229 (Orange zone medium prob) Long targets for Wave 3 (Bitcoin will eventually achieve ALL of these targets, and beyond.) 1) 11,280 2) 13,530 3) 15,779 4) $18,029 5) $22,528
COINBASE:BTCUSD
by jdharward
SHIFT is oversold and has hit the long term support PP 150%The highly anticipated Shift Core v7.0t is released. It introduces the foundation of a storage-based p2p economy that thrives on the utility of the SHIFT token. It renders Phoenix, a decentralized and immutable database capable of ensuring media is permanently stored. Shift is oversold on the weekly graph for the first time since it's listing on Bittrex. This in combination with the price sitting at support means we are looking at a good entry. If shift makes a move to it's first big resistance, we are already looking at a profit of +- 150% Good luck!
SLong
by Znil1
Alt Season - next wave startingAfter reaching $11,200 -- BTC needs to correct and alt coins need a chance to catch up. I think the next 1 to 3 weeks will be a rapid bloom time for the alt market but it could all be over by the middle of July! Let's review. Regarding BTC, $11,100 represented the 3.618 Fibonacci advancement line, when measured from the bottom to the tip of the first wave. This is often the tippy top price of a 3rd wave. The next major price milestone will be $15,498, representing the 5.618 line and the next number in in the fib sequence. If BTC doesn't have a major correction or slip back into a bear market, this is the price I would target for the 5th wave. Looking at Bitcoin's Dominance, we can see it made an impressive run and market take over beginning on June 14th. I noticed a lot of my alt coins pumped hard (but for like 15-20 minutes) on June 13th. By applying a Gann fan to BTC.D, we can see the level perfectly, and I do mean perfectly bounced off the last wedge, which is often a major resistance line. Directly above it, we have the resistance line generated by the previous high. BTC Dominance might recover between the 2/1 and 3/1 wedge but it will be only temporary before resuming downward. Look for BTC.D to reach and breach 59 Here is what I think will happen. Bitcoin will maintain it's price above $10,000 for probably a week or so. Probably at least through next Tuesday when the US and China meet. While BTC's price is kept at this level, BTC will flow into alts, causing them to rapidly bloom over the next 1-3 weeks. Thank you for reading! Please like and subscribe if you find this useful!
CRYPTOCAP:BTC.DShort
by jdharward
BTC.D - Next wave of Altcoin season at fight or flightBitcoin's market dominance appears to be at a the precipice of reversal, which would trigger the next wave of Altcoin season. BTC breaking out, above the triangle invalidates this idea. I think we will see an immediate drop in BTC dominance down to at least 59. Some alts will pump in this period while speculating traders take their bet. Upon reaching 59, the market will have a choice to make. Dipping below say 58.5 will break the triangle and we'll see a bloom in alt coins. If Bitcoin dominance breaks below 57 and especially below 56 we'll see alt coins bloom A LOT. ;) Good luck!
CRYPTOCAP:BTC.DShort
by jdharward
Bitcoin Dominance/ When Alt Season?I know everyone is so itchy and calling for alt season, but it simply will not come until this bitcoin dominance chart reverses trend. The shaded area is the key level. Once this breaks down and below that we could see alts turn, but as of now, it is holding as support and bouncing meaning, death the most alts. This means money is flowing out of alts, and into bitcoin and this will act as the gas to propel BTC to 9000 and likely 9800-10,000 imo. Alts are risky until bitcoin is done running, watch this chart it is your key indicator, not crypto twitter... Long BTC, not alts.
CRYPTOCAP:BTC.DLong
by CoinsightGhost
1
Altcoins Market CapitalizationImportant announcement All the crypto community are waiting for the Altcoin season. I officially declare the season has already started since the beginning of 2019 Since the beginning of 2019 until April ENJ 600% EVX 650% OAX435% DLT – 500% THETA 335% RVN-525% HOT 320% BNB 290% KNC 215% APPC APPC 160% and 120% ONT 134% TRX 180% EOS 136% The second season this year has already begun The results of the coins that made more than 100% since May TNT- 290% GXS - 220% AST – 195% CELER - 194% DENT -183% BCPT -144% BTT -150% CELER - 194% DENT -183% HOLO – 103% LINK- 128% MITH -115% MTH-100% Nebulas -100% REN -100% SKY -133% Storj – 125% XEM -100% XZC – 120% Follow my social networks I work for you my friends
CRYPTOCAP:TOTAL2Long
by EXCAVO
25