BTC.D trade ideas
ALT SEASON #3After years of waiting, countless false starts, and more hopium than a bull market BBQ, we’re finally here: Alt Season 3 is upon us—or so my trusty weekly Bitcoin dominance chart is screaming.
For the uninitiated, this chart is basically the ancient oracle of crypto, and it’s saying, ‘Hey, Bitcoin, take five. It’s time for the alts to shine.’
Zoom in close and you’ll see the subtle shift—the kind of shift that makes your favorite meme coin go from $0.00001 to ‘retire on a yacht’ territory (not financial advice, obviously).
TL;DR: Pack your bags, but don’t forget to double-check the fundamentals of the random farm token you’re YOLO-ing into. Alt Season 3 is here to remind us all that dreams are made… and sometimes rugged. Stay sharp, my friends. 🚀
Alt Season In coming?
Is the long-awaited altcoin season finally here? Bitcoin dominance appears to be playing out a classic head and shoulders pattern, capped off with a striking engulfing reversal candle signaling a potential downside break. If this technical setup holds true, it could mark a pivotal moment where capital flows shift away from Bitcoin and into the broader altcoin market. Could this be the spark that ignites an alt season frenzy, or is it just another false signal in an unpredictable market? The charts are hinting, but the market will decide—are you ready for what’s next?
The Line That Define Your Upcoming Generational Wealth [BTC.D]Since Q3 this year, the VWAP line has been acting as a fairly strong support level. This maybe indicates that crypto market participants are closely watching this indicator as an important reference point for Bitcoin's positioning relative to other cryptos.
If this line gets breached, it could signal a broader shift in market sentiment. A breakdown of this support could open the door for a more dominant altcoin movement, with capital flowing from Bitcoin to the wider crypto ecosystem.
This could provide a valuable technical clue to help answer the $420trillion question : 'wen altszn?' .
Thanks for reading 😊
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BTC .D playing out a head and shoulder engulfing candle?Is the long-awaited altcoin season finally here? Bitcoin dominance appears to be playing out a classic head and shoulders pattern, capped off with a striking engulfing reversal candle signaling a potential downside break. If this technical setup holds true, it could mark a pivotal moment where capital flows shift away from Bitcoin and into the broader altcoin market. Could this be the spark that ignites an alt season frenzy, or is it just another false signal in an unpredictable market? The charts are hinting, but the market will decide—are you ready for what’s next?
ALT SENSATIONAL Everyone is watching this 60% level on CRYPTOCAP:BTC.D for the potential reversal from bitcoin dominance into alts. And I agree based on the order block and golden zone confluence.
The next step I take if I believe an alt season is soon, which is around the corner sooner than one would think, is to hawk the btc and ratio pair charts.
Here are a few that have piqued my interest as of now. This does not mean they immediately pump but rather offer some decent risk reward trade opportunities. I have no idea if these are the generational bottom but frankly they could be.
MEXC:TAOUSDT TAO
BINANCE:BNBUSDT BNB
OKX:OPUSDT OP
BINANCE:NEARUSDT NEAR
BINANCE:AVAXUSDT AVAX
BINANCE:JUPUSDT JUP
CRYPTO:WIFUSD WIF
- Robinhood + Coinbase wombo combo listing
Always be pitting your favorite altcoin vs btc or vs the native chain token the coin is on. Like PEPEETH or BONKSOL etc.
Oftentimes the true bottom or the major turning points present themselves once the ratio pair charts begin to reach key levels of support or resistance. Study and track diligently.
Some alts have already had an initial push up probably taking out some short liquidations. The key is looking for the laggards and the bull divergences.
$BTC and $ETH Dominance: Music of the Spheres !Recently in a previous post, I have suggested that the relationship $CRYPTOCAP:ETH/ CRYPTOCAP:BTC appears to be running on an 8 year cycle.
Here on these graphs we can see the Dominance of both: CRYPTOCAP:ETH and CRYPTOCAP:BTC
Clearly, we can see that when CRYPTOCAP:BTC dominance goes down, then CRYPTOCAP:ETH dominance goes up and visceversa in a singular mathematical dance which would seem to be music for the people engineering the new monetary system .... and introducing a much needed stabilization and growth of the whole crypto sphere as the technology gets mainstream adopted.
This picture reinforces my thesis that when in 2026 CRYPTOCAP:BTC start to go down hard, CRYPTOCAP:ETH and CRYPTOCAP:BNB ecosystem will chime in to save the day !
Enjoy ... !
* Not Financial Advice, Please Do Your Own Research.
BTC Dominance - When does ALT SEASON start?Greetings! I'll tell you that even though altcoins are doing great, I don't believe alt season has started. Certainly some alts have done very well. ADAUSDT has been one of the biggest winners, for exmaple, over the last 60 days, moving roughly 200% in a short period of time. SUIUSDT has done very well, too.
Don't let that fool you. There's still more work that needs to be done and several alts have not moved a whole lot compared to their lows and are still far from their prior highs.
I outline in the video the importance of breaking this lead-in level (in green) and only then do I think alt season has already started. Certainly this is a statement that is easy to say. One could suggest we're already in alt season, and that very well could be, but confidence increases drastically once this lead-in trendline is broken. Break this, and I don't think you're late to the game. You may be buying things higher than the lows, but the upside potential in alts is significant as we've seen in previous cycles.
Spread your capital around and don't hyperfocus on one single altcoin and you should be fine. Don't overleverage yourself, either. Trade wisely and protect your capital.
Take care everyone!
Bitcoin Dominance Is DroppingBitcoin dominance has finally shown some signs of weakness, though it’s impossible to say if this is temporary. After reaching nearly 62%, it has dropped below 60% and currently sits at 58.85%. This decline hints at renewed interest and capital flowing into altcoins, which is typically seen at this stage in the cycle. If you recall the chart I shared last week, “alt seasons” began in December of both 2016 and 2020. Fingers crossed for altcoin traders and investors.
ALT Season AheadHey,
I wanted to share some thoughts on the current market dynamics and what I’m observing in BTC dominance.
If you’re invested in ALT coins—especially legacy coins like ETH, XRP, or even RUNE—you might feel like your returns are lagging significantly. The truth is, they are. Let me break down the relationship between ALTs and BTC dominance to give you some context.
I use TOTAL3 and BTC dominace charts, check them out.
There’s a strong inverse correlation between BTC Dominance and TOTAL3. Historically, when BTC Dominance trends downward, ALTs begin to outperform, experiencing substantial growth relative to BTC. This shift often marks the period when ALT coins start “shining.”
Interestingly, during the last cycle, BTC didn’t peak at the height of BTC Dominance. Instead, BTC peaked after ALTs had a massive rally, during a period when BTC Dominance ranged in the 40-50% zone.
Currently, BTC Dominance remains in a strong uptrend with no clear signs of slowing. For this reason, before heavily shifting into ALTs or taking profits on BTC longs, I’m waiting for a momentum shift in BTC Dominance. Even a simple trendline break to the downside could signal that capital is flowing out of BTC and into ALTs. This doesn’t necessarily mean BTC will lose value; in fact, it might continue climbing. However, it does indicate a tipping point where ALTs could begin to significantly outpace BTC, offering much greater upside potential.
That said, it’s important to consider the growing institutional interest in BTC. Unlike retail investors, institutions are less likely to pivot into ALTs (except for ETH, which benefits from its status as a leading crypto ETF). As a result, BTC Dominance could climb past 70% and may not see a sharp decline even when ALT coin momentum begins.
Bitcoin Dominance: Elliott Wave and Harmonics ComboBitcoin Dominance ( BTC.D) is giving a fantastic trading setup.
It's preparing a BIG Bullish Swing.
From an Elliott Wave point of view, a bullish Impulse Wave is about to start.
In this case I'm talking about Super-Cycle (C) (turquoise).
Moving on to Harmonic Patterns, there are two:
The smaller one is the Bullish Shark, which is preparing its completion.
The second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done.
So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone
Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
Altseason Starts SoonThe Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure:
Key Observations:
Repeated Patterns:
The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly 231 days.
Each phase seems to correspond to a bearish period for Bitcoin dominance, where altcoins gain relative strength.
Halving Impact:
Vertical lines mark Bitcoin halving dates (green lines), which historically have a significant impact on the crypto market.
Following halvings, BTC dominance often rises as Bitcoin leads the market in initial rallies.
Projection:
The chart projects a decline in dominance after the current rally, extending into mid-to-late 2024.
A potential drop to ~44%-46% dominance is outlined, indicating a possible altcoin season or broader market rotation.
Support and Resistance:
The chart highlights a resistance zone around 62% dominance, which Bitcoin dominance seems to have tested recently.
A bearish breakout is suggested, aligning with a downward trend in the future.
Possible Interpretation:
Short-Term View: Bitcoin dominance might continue upward for a while but could face resistance near 60%-62%. If this area holds, a reversal could lead to dominance declining, benefiting altcoins.
Medium-Term View: If the projection holds, BTC dominance could see a prolonged decline lasting nearly a year, dropping below 50%. This scenario typically coincides with altcoin seasons where altcoins outperform Bitcoin in relative gains.
Risk Factors:Bitcoin dominance does not always drop due to bullish altcoins; it can also decline during a market-wide sell-off where Bitcoin loses less than altcoins. Macroeconomic factors, regulatory changes, and adoption rates could alter the outcome.