Crypto Phases Explained: From Bitcoin Season to Full-On FOMO !Hello Traders 🐺
I hope you're doing well. In this idea, I want to dive into the different phases of the crypto market, because I feel like many new traders — and even some semi-pros — still don’t fully grasp this fundamental concept. So make sure to read this until the end and feel free to ask your
Key data points
Previous close
—
Open
—
Day's range
—
About Market Cap BTC Dominance, %
Coin
On crypto market, a coin dominance is a ratio of its market cap to cumulative market cap of cryptocurrencies. It's a great way to see how big a coin is relative to the whole crypto market — the value of everything is in comparison. It's calculated by dividing a coin market cap by the overall market cap of the top 125 coins and then multiplying it by 100. The result of these calculations and how it changes over time you can see on the dominance chart — calculated for you by TradingView.
Bad News From Bitcoin Dominance: Pain AheadHello, Skyrexians!
I got sick for these 5 days that's why has not shared updates, but market was very boring so we didn't miss any significant move. CRYPTOCAP:BTC.D concerns me now because to end this trend we need to see any significant correction, but we didn't. On the 12h Awesome oscillator wa
Bitcoin Dominance TA, Bearish SignalsRecently I spotted a very strong, long-term bearish signal on this index. A triple-bearish signal as it is present with three indicators. I am talking about a bearish divergence.
Volume has been dropping significantly as the index moves higher.
The weekly RSI peaked October 2023 and has been produc
Bitcoin Dominance: My Global Overview Hello, Skyrexians!
Yesterday we made a local update on CRYPTOCAP:BTC.D where pointed out that waves order has been changed a little bit, today we will take a look at this chart globally. Soon we can have a great reversal but we will feel pain before it because target above 66% will happen.
This
Bitcoin dominance and the altseasonIn this chart, you can see the Bitcoin dominance from 2017 till now.
The depth of the altseason was 35.14% and for the bear market we went up, up to 73.02.
If we take a Fibonacci retrace level, we can see during 2021 altseason we were only retraced 0.893 or 89.3% what we lost during bear market.
Beyond FOMO: Strategic Analysis of BTC.D and Market ProspectsLet's begin by examining CRYPTOCAP:BTC.D on the monthly timeframe. Here we see the old EXP model, which formed in December 2020. This model reflected the decrease in bitcoin dominance during 2020-2021. For our current analysis, we're interested in the level of the first point — 73.02%.
On the w
Bitcoin Dominance - BTC.D - AltcoinsYears of struggle to be inside for a subseason that lasts a few weeks.
For some it's financial freedom, for others it's the cornerstone of a reset story.
We're talking about Bitcoin Dominance.
Few know just how powerful it has become.
The only thing that is real is bitcoin. By the time everyone
No Altseason Until BTC.D Hits 70%?Bitcoin Dominance (BTC.D) is currently climbing and approaching a major resistance zone between 71.38% and 73.06%. This area has proven to be a strong turning point in the past, acting as a top back in December 2017, September 2019, and again in 2021. These repeated rejections suggest that this zone
Update BTC.DFrom the data shown on the drawing, we find that a Diagonal Leading pattern has been formed and is then considered a wave A, then a correction is made in wave B, which is the bottom of the Leading pattern, from which altcoins and Ethereum breathe, and when it reaches the bottom, then a final wave C
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.