BTC.D trade ideas
Weekly Bearish divergence...Confirmed on BTC dominance! I think the next move for dominance will be a very sharp fall to 57.5%-52.25% these levels are it's biggest upper support. I am of the opinion these supports will not hold long but their is the possibility of a BSR being approved by the US that could send BTC dominance to a higher high. Be prepared and God speed! #NFA
BTC DOMINANCE REACH 10 DAYS HIGHCRYPTOCAP:BTC dominance reached a 10-day high as the crypto market moves toward the Whitehouse summit, where speculation for a Bitcoin Reserve is very high and reflected in the BTC price.
BTC jumped $10,000 in the last 3 days and hit $92,000 during today's trading session.
Summit tomorrow, with BTC short-term resistance at $94k-$95k.
🚨FOLLOW FOR QUALITY CONTENT AND AVOID THE NOISE🚨
Bitcoin Dominance Bitcoin dominance ( CRYPTOCAP:BTC.D ) has been stagnant lately, partly due to rising stablecoin dominance.
BTC pairs are holding up better than before, hinting at seller exhaustion or a delayed reaction.
I believe altcoins will outshine BTC on its next big move; otherwise, both will keep drifting lower.
BTC.D Bull Flag???This bull flag could be getting ready to wave away.
For awhile I was considering that higher highs for BTC.D would be off the table; considering the shooting star that shot through the 1.272 window. This normally hits the "night night" button for the trend up.
This could be a clue that suggests that alt coins are not in their prime time for major pumps quite yet.
IF there is a breakout above the flag it could re-test the 1:1.272 window or perhaps a bit further; the phi based 1:1.618.
- Not Financial Advice -
66% Is Actual Again For Bitcoin Dominance Hello, Skyrexians!
Sad news, pump on Sunday was a huge fake. If you remember our last CRYPTOCAP:BTC.D analysis we pointed out that if we will see 60% breakdown there is. great chance to see altseason right now. But Dominance started to grow again and finally we have no doubts that shakeout will happen.
Let's take a look at the daily time frame. Here we can see the clearest Elliott waves structure. Wave 3 has the max AO as usual, and wave 4 was a flat correction which found support at 0.5 Fibonacci. Now we can see that final wave 5 to the 66% target. Don't pay attention to the red dots on Bullish/Bearish Reversal Bar Indicator , they are not important inside the range and can be counted a signal only at the potential end of wave 5 in conjunction with the divergence.
Best regards,
Skyrexio Team
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BTC Update (12H)This analysis is an update of the analysis you see in the "Related publications" section
As you know, the market is trendless and stuck in dumps and pumps, which has made traders frustrated. At this time, we need to follow the indicators and be a bit patient.
Based on the previous analysis, it seems that Bitcoin dominance is heading downward.
Despite Bitcoin’s weak upward movement, some altcoins may have a good upward move in the coming days.
We hope this move happens and this indicator drops. Let's see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
I Think March Is Gonna Be a GOOD Month📆🔥 I Think March Is Gonna Be a Good Month! 🚀💡
Bitcoin Dominance and the Altseason Setup
🚀 BTC Dominance Update: Bitcoin's dominance currently sits at 61.63%, and we're seeing some interesting developments in the market!
🔹 Back in the Channel – BTC dominance has climbed back into the ascending channel, a sign that it could continue its upward momentum. However, a drop to 58% or lower would be great for altcoins.
🔹 Major Rejection at 64.5% – The recent wick to 64.5% was a clear rejection, which could indicate that BTC dominance may struggle to push higher in the short term. Historically, these sharp rejections have led to potential shifts in market dynamics.
🔹 Will BTC Dominance Hit 71-73%? – Some analysts expect BTC dominance to test the 71-73% resistance, a historical inflection point that has previously led to strong altseasons. While such a scenario could put pressure on altcoins, the market has evolved, and alts have a much larger share than before.
📉 If BTC dominance fails to break higher and starts reversing, we could see a significant rotation into altcoins. Keep an eye on this trend as it unfolds!
🔥 March could be a pivotal month, and patience might just pay off! If you’re interested in deeper insights, check out my Bitcoin Broken Cycle / Delayed Cycle video from today.
💬 Drop your thoughts below! Will BTC dominance climb higher, or are we on the verge of an altcoin breakout?
One Love,
The FXPROFESSOR 💙
PS. I came across an interesting chart on Twitter and wanted to share the insights with you. I have no intention of advertising anyone, nor do I use others' charts without credit—I always create my own analysis. After all, all good legends create and post on Tradingview📊🔍
BTC.D - Alt Season (Rotation from BTC to ALTS about to begin)only 3 charts you should care about from now = BTC.D , USDT.D and Total 2 (/3/others)
strong utility tokens will win from here
CRYPTOCAP:BTC is weak, (IT WILL DEFINITELY HAS ITS LAST RALLY THOUGH - check out my EW count and the target I've been speaking since 5th Aug)
either it consolidates here and complete its subwave 5 of macrowave 5 later or do it now and distributes later, the time for alts to shine has come...
Few more weeks of pain left. I don't recommend selling here, keep the HODL
but rotation has almost started... whales are taking profits on Bitcoin and time for our shitcoins to outperform from here...
PS. We might see new lows (than 3rd Feb) but the RR is not worth it, never sell in the middle (unless you are invalidated)
Look at the Macro chart for in-detailed analysis on BTC.D I did a few weeks ago
Bearish Divergence on the weekly chart !Hello Traders 🐺,
Over the past few days, we've witnessed a massive market dump. Interestingly, just one day before BTC's drop, I published an idea predicting the downturn, yet it received the lowest engagement I've ever had! Why? Because most people were expecting a continuous pump. But here's the truth: even in a bull market, price corrections are inevitable — that's how the market functions. 📉
So, if you want to stay ahead of the game and not miss the next big move, make sure you're following me for more insights! 🚀
Despite the recent dump, I still believe that Altcoins are about to experience a massive pump. But why?
As you can see in the chart, there's a significant bearish divergence on the weekly time frame. And as many of you know, the higher the time frame, the more reliable the signals, so a bearish divergence on the weekly is something we can really count on.
Secondly, we have a double top formation near a key resistance zone, which is a strong indication that a reversal could be near. Thirdly, we’re seeing a rising wedge pattern, which is another bearish sign.
So, in my opinion, all these factors together strongly suggest that we’re about to witness a major correction in the BTC.D chart — and a huge pump in the Altcoin market! 🚀
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
Supply & Demand for BTC.d <---> ETHBTCA notable change may be occurring in the market dynamics surrounding Bitcoin dominance, which reflects BTC’s share of the overall cryptocurrency market. Recently, it has displayed a shooting star candle, indicating a potential decline in BTC’s market influence. These signs point towards the beginning of an alt season, a time when alternative cryptocurrencies tend to outperform Bitcoin. With BTC stabilising around the significant $100k mark, the environment appears ripe for altcoins to attract investor interest. The upcoming weeks will be crucial in assessing whether this trend will gain traction, possibly transforming the market landscape for 2025.
Bitcoin experienced an impressive 2024, achieving new milestones and reinforcing its status as the market frontrunner. As we move into 2025, BTC remains robust, yet a shift in market dynamics may be imminent. Historically, Bitcoin’s dominance tends to wane when altcoins start to gain momentum, and this year might follow that pattern.
As Bitcoin finds stability around crucial price points, we often see liquidity shifting towards altcoins, sparking what many refer to as an alt season. Historically, during these times, altcoins tend to surpass Bitcoin in performance, offering significant returns for those investors ready to explore beyond BTC. With TOTAL3 approaching new price discovery and Bitcoin's dominance on the decline, the potential for altcoins to take center stage is becoming more apparent.
The crucial factor for BTC.d to unlock is how ETH performs against BTC. With the ETH/BTC ratio below 0.03, it appears appealing, but until it begins to rise, the alt season will be postponed. Alt season typically arises when Bitcoin dominance is high, not when it's low.
Typically, Bitcoin dominance tends to decrease in the years following a halving event. Therefore, I suspect that by the end of the year, dominance will be in the negative. However, up to this point, we have seen an increase in dominance this year.
If This Happens For BTC Dominance, Shakeout Is CancelledHello, Skyrexians!
As you remember we have the previous analysis on CRYPTOCAP:BTC.D where we pointed out the target at 66% and the shakeout. But we were sure that it will happen in the upcoming week, but Dominance retraced again below 61% and current wave doesn't look like the wave 5. This move increased probability of more positive scenario for altcoins.
Let's take a look at 12h time frame. We can see that candles were able only to touch the 62.5% and then retested the recent low. It gives us an idea that the probability that this is wave 5 decreased. Here we have two scenarios. The first one is that we are in wave 4, which is more complicated that we supposed and candles will finally reach 66%.
But the second scenario now has even more than 50% probability. This pump could be already shortened wave 5. Unfortunately, Bullish/Bearish Reversal Bar Indicator can't catch such waves, but Awesome Oscillator tells us that wave 4 has been finished and we can see the divergence, which could already happened if dominance touch 66%. Now AO is reversing and this is the sign that this impulse to the upside will not continue. The clear breakdown of 60% will confirm this idea.
Best regards,
Skyrexio Team
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Bitcoin dominance is ready to dieRetail thinks this cycle is going to play out like 2021 because most weren't here to witness 2017 and now tradingview free version doesn't allow you to see any data before May 2021, so everyone is going to be so scared and traumatized in March, that they'll think it's better to tether 50% and buy Bitcoin only, then you'll see Bitcoin Dominance drop dramatically starting April, all through May with some chop first week and finally an alts peak on June 14th. Some Alts will pull off a sweet 2000%
The big obstacle for retail is many no longer have access to 2017 data.
Pay attention to Litecoin, it looks identical to its own price action of April end of 2017.
Shorters are going to get super rekt because they are over confident now, they are getting wet and over horny here calling the great depression too early.
Most will get sidelined and double rekt on the upside due to the PTSD of 2019, 2020, 2022, 2023 and 2024.
Also pay attention to Bitcoin pairs, top 50 alts are green right now,
OTHERS.D has more than bottomed and is ready too.
Altseason is very close, but I suspect March will start with a relief pump and will then be boring flat month.
Start of April will kickstart true alt season.
May will be euphoric
Better sell by or before June 14th.
That's the top for altcoins.
Bitcoin top is hinting a July 4th peak.
Other low alts will moon in August.