$BTC.dHola ,
approaching last weeks spike up
maybe deviate above that and get knocked back down
7 ema is the white squiggly and a close above that would mean the King is back in control and we get to bid alts lower
Look at the brightside the higher btc dominance goes that much more money should flow into alts on the way down
lets see at NY if we get a quick spike down on alts and reverse?
BTC.D trade ideas
BTC Dominance (BTC.D) Chart Overview and DescriptionBITSTAMP:BTCUSD target is set at 58.13% BTC Dominance.
The chart shows BTC.D currently at 57.63%, approaching a key resistance zone (marked in blue) near 58%.
A breakout above this level could lead to a further rise in BTC.D, signaling continued Bitcoin dominance.
The area just below 58% has acted as resistance in the past, as seen on the chart.
If BTC.D hits 58.13% and rejects:
This could signal a shift of dominance back into altcoins, leading to a short-term altcoin rally.
Monitor key support zones for BTC.D (e.g., around 57%) for confirmation of a reversal.
If BTC.D breaks and holds above 58.13%:
Bitcoin may continue to dominate, and altcoins could face further corrections or stagnation.
Consider monitoring Bitcoin price for strength while keeping an eye on major altcoin support levels.
BTC.D Rising to 58.13%: Positive for Bitcoin, bearish for altcoins.
BTC.D Dumping After Hitting Resistance: Bullish for altcoins, indicating potential altcoin rotation or season.
Track BTC.D closely along with Bitcoin price movement to make informed decisions.
Bitcoin Dominance Analysis Update (12H)This analysis is an update of the analysis you see in the "Related publications" section
The price reached the green zone and is now pumping. We anticipate the start of a drop and an alt-season from the upper red zone.
Note that, in terms of price, we consider this area to be the peak of Bitcoin dominance. However, in terms of timing and the number of times this level is tested, there is no certainty. This means that when Bitcoin dominance reaches the upper red level, you can enter altcoins. However, altcoin fluctuations might increase, and it could take some time, as the market maker might cause some turbulence before the main move.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ALTS discounts ahead Orange lines are hi/mid/low of Nov2024. We swept the low of Nov, now back to the range; price tends to test mid of Nov. I will monitor the fib levels; any aggressive move above 0.72-0.79; confirms a move to 62% dominance that matches a weekly rejection block (check the weekly chart to confirm). From 62% a free fall would start declaring parabolic move to altcoins. This all plays well with OTHER.D daily chart which confirmed change of character as market direction.
Warning to Alt coin holders!BTC.D broke the downtrend line on the 16-hour chart. Alt holder confidence may start plummeting, potentially triggering a massive sell-off unless we deviate back to invalidate the significant correction ahead1. USDT.D has formed a double bottom on the monthly chart with bullish volume sentiment, suggesting a massive correction might be around the corner
Laconic sign.Hi!
Most ideas about the behaviour of BTC. D that have been published
all this year have not worked. Until those who said every week since
winter that dominance was about to fall have been non confirm their rightness.
And just as wrong are those who talked about figures of 70-80-90 (!!!) %.
I analysed the chart carefully in the first half of the year and decided that
there are 2 levels of the most probable reversal.
They are 58.4% and 61.8% . And I could not make any additional
predictions as to which of them would turn out to be that level. Any of them.
Now it is the 1st of October (congratulations to everyone on the beginning
of the real autumn, if you love it as I do) and we can see that the
September monthly candle closed with a real shooting star .
And new October candle opened as it should with a decline below
the body of the previous star.
That's pretty promising.
The most key thing to say is that the market is in no hurry at all.
4 hour charts are completely useless this year.
Processes are defined on much larger timeframes.
BTC.D Top outHistory never repeats but it tends to rime quite well.
If we use that saying as the base for this thesis then we should see BTC.D top out at between 69-78% dominance using the horizontal resistance at the previous dominance top (2021).
To estimate this in a timely manner we plot the dates of the halvings and the date of BTC price ATH. To extrapolate the future cycle top we take the number of days from the halvings to the BTC price ATH and add them together and divide them by the number of cycle tops.
x=(a+b+c)/3
Historically we find confluence in the RSI momentum oscillator were the strength of the BTC.D is weakening hence gaining momentum to the downside. If history rimes we are entering that part of the cycle within the next 3-6 months.
Market Dominance Analysis–Bullish for Altcoins, Caution AdvisedKey Observations:
Dominance Rejection: The market dominance faced a strong rejection after reaching the 58% level, aligning with key resistance at the 7 and 21-day EMAs. This suggests a bullish signal for altcoins, as the dominance pullback indicates a potential shift in momentum away from Bitcoin.
Bullish Shift for Altcoins: Altcoins are positioned to benefit from this shift, especially if dominance continues to weaken. The key support for dominance lies around the 200-day EMA, and if dominance closes this week below this level, further bullish potential for altcoins could unfold.
Key Levels to Monitor:
Resistance for Dominance: Should dominance attempt to rise again, watch for potential resistance at 54.5% and 53% levels. These could act as key turning points, marking possible take-profit (TP) zones for altcoins as dominance struggles to break higher.
Strategy for Altcoins:
Cautious Optimism: While the rejection of dominance is a bullish signal, altcoins should remain cautious of dips into the danger zones around 54.5% and 53% dominance, which could pose resistance.
Target Zones: The shift in momentum suggests potential for continued altcoin strength, with dominance weakening if the candle close remains under the 200-day EMA.
Conclusion: The recent rejection of dominance is a strong bullish sign for altcoins, but traders should keep a close eye on the danger zones around the 54.5% and 53% dominance levels. If dominance fails to reclaim these areas, altcoins could continue to see further gains.
ALTCOINS to the moonCRYPTOCAP:BTC.D
* Since 9 September 2024 and the chart still following the pig picture & the big plan as well .( please check the post below here).
* It was so nice entries & it was altcoins bottoms.
* Retest for the reversal range breakout is already done and you could see that in the altcoins chart.
* Now the BTC. Dominance need to break 53.71% and close 1W Candle below.
* Then re-test to continue dumping.
* I think the next wave for the altcoin is so huge , if you missed the bottoms you still have another opportunity with this correction.
* May be some coins will give you nice entry by the end of this month.
* This plan may take long weeks to be done.
* I was expecting BTC price is going to dump before going to 100K but it worked against my plan but in the end BTC price broke the high so ( BTC price now is in the market maker hands & under their control).
*I did mistake because the chart was showing that BTC is going up but i thought it is a trap because i was emotionally controlled by the media & i did not believe the chart.
*To review the previous post for BTC. Dominance check it below...............
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Golden Advices.
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* This is my expectation for next weeks & may be i am completely wrong, Please do your own plan.
* Please calculate your losses before entering any trade.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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My total posts
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@Crypto_alphabit
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BTC.D ChartBTC.D broken down its ascending channel and is currently having a pullback to the previous support acting as a resistance now. 2Days and 13hrs remaining till we get the candle closed and if it stays like this I think it will continue the path shown in the chart in the following weeks and months which will lead to a huge alt season. So pack your bags and load your alt coins if we get any correction from BTC and the market. It can be out very last chances on buying low before we fly high with this mega cycle. Buy the dips and thank me later.
DYOR
Goodluck
Is It Really Alt Season? We have many alts currently seeing brief weekly consolidation and trying to set higher lows that would qualify as bull flags looking for continuation. Bulls need to see BTC.D confirm the weekly down trend to solidify the shift into the alt space.
The more alts like CRYPTOCAP:LINK that see continuation to higher highs, the higher probability others will follow.
Of course the direction BTCUSD breaks its tightening daily range is going to have some implications, but as of right now the weekly consolidation in most major alts is still very healthy bigger picture, considering the size of the run up.
Bitcoin Dominance Broken Down: Time to shift to holding alts..The crypto market historically tends to move in cycles/phases, with BTC first pumping followed by higher market cap OG tokens, before the capital flows to the midcaps and eventually the microcaps and meme coins (which then marks the time to sell).
The BTC.D weekly chart had finally broken down below the red long-term support trendline, suggesting capital shifting into altcoins. Need another ~3 days for the current weekly candle to close below to confirm.
The Fusiongap {50/15} had also registered "bearish" on the BTC.D chart, which further supports this thesis.
Hence this suggest that it is safe to continue to DCA into mid-cap altcoins such as KASPA (KAS) with many higher mcap OG coins having already pumped close to their previous cycle ATH. Will start DCAing out of the market once the micro-caps and a kinds of memecoins start pumping, probably approx. in a year time.
Bitcoin dominace updateThey say history doesn’t repeat itself, but it often rhymes.
Just like in the previous update on Bitcoin dominance (BTC.D), it rejected the 0.702 level as anticipated. This rejection sparked notable activity in the altcoin market, aligning with historical patterns.
Here’s the current setup:
• The weekly chart RSI has broken down from its uptrend.
• Bitcoin dominance was rejected at 0.702, mirroring the previous cycle.
• BTC.D has broken down from its uptrend channel and is now experiencing a bearish retest of that channel.
Key levels to monitor:
• 59% dominance: As long as BTC.D remains below this level, altcoins should continue to perform well.
• 53% dominance: A break below this level would likely mark the onset of a mega alt season.
Why this is positive for the market:
This consolidation phase provides the market with time to rebuild momentum, reset sentiment, and adjust funding levels, setting the stage for a potential upward trajectory.
During this period, #Ethereum is expected to follow a similar path, consolidating just below the critical EUROTLX:4K level.
Directional Bias:
The overall outlook remains bullish.
This pullback could represent the final opportunity to secure strong entry points and optimize rotations before transitioning into a full-blown #altseason.
While you’re no longer early to the market, significant opportunities still exist. However, once #Ethereum successfully retest $3580, these opportunities may vanish for the remainder of this cycle.
ETHUSDt chart:
ETHBTC chart:
Btc Dominance appears to be getting rejected from channel retestBitcoin dominance chart just recently bounced back up in an attempt to climb back inside the ascending channel it recently broke under and as of now both candles that sent a wick back inside the channel upon the current retest both closed their candle bodies with the channel still as resistance. Since then we are now seeing the current candle appear to head lower again suggesting the bottom trendline of the channel will be confirmed as solidified resistance, in which case price action has a much higher probability at this point of validating the breakdown and dumping to the 53% target. If this occurs we are very likely to see alt season really tart too kick in here soon. *not financial advice*