BTC.D trade ideas
Thick Erected Parallel ChannelThe parallel ascending channel has not been broken yet. one important thing to look at is the midline. the Alt Season moonboys need to pay attention to the midline of this channel. if dominance breaks above the midline resistance there's a chance the Big D is going to visit the top of the channel. for now i would not say we are headed to the top of the channel. i will patiently sit and look at how the price action will react to the midline. if the midline acts as a resistance again, then the chance for the d to hit the top of the channel will reduce.
WARNING! Big Altcoins Shakeout Is Starting Right NowHello, Skyrexians!
If you remember, we warned you just before the February 3 crash. Now we can see almost the same situation on the market looking at CRYPTOCAP:BTC.D . This chart can predict all crushes.
On the 12 hours time frame we can see enough candles to analyze the current 5 Elliott waves impulse. If you remember dominance currently is in final global wave 5 and you can see it that it's almost over looking at the Bullish/Bearish Reversal Bar Indicator at the weekly time frame. Now we are looking inside this wave.
Look how perfectly wave 2 retraced to 0.61 Fibonacci of the wave 1. Then Wave 3 has been finished inside the target area as well. Wave 4 retraced to 0.38-0.5 Fibonacci area. At the same time the Awesome Oscillator showed us the bearish turn. It means wave 4 has been finished and now Dominance is preparing for the leg up in wave 5. The target is 66%, but the max pain target is 69%. This is unlikely but keep in mind.
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BTC dominance ready for a crashBack in december 2017 it rejected from this region it also wicked at 73% and then it continued its way to the downside . Currently btc.d is sitting at the same region and again it can wick at 70% area and send it down but i think btc.d will start going down from this region.
It did retest the uptrend for the second time. First rejection it offered a small alt pump .
Second rejection from this trendline might give us the so called altseason.
Waiting for confirmation.
Whatever the outcome , the uptrend one day will be over and that day is closer than we think.
$BTC.D Analysis on 23.02.2025BTC.D is still consolidating—no clear uptrend or downtrend confirmation yet.
- If BTC.D breaks down the yellow area, alts may get some breathing room.
- If it breaks the upper black area, alts could suffer more, potentially triggering stop losses across the board.
Altcoin Warning
Many alts are showing scam-like behavior (e.g., $LIBRA, $MELANIA, $TRUMP, NASDAQ:PI ), shaking big traders' confidence. Recent Bybit news also adds to the negative sentiment.
My Advice:
- Stay away from alts for now.
- No buying. No DCA.
Play it safe!
Bitcoin DominanceThe same scenario we discussed in our pinned posts remains intact. It appears that as long as the price stays below the red box, there is a possibility of a medium-term Wave C formation. We also had a support trendline, which is now broken; however, we need to wait for the daily candle to close to determine whether this break is fake or genuine.
BTC DOMINANCE roadmap (W)After the sharp drop that Dominance had, we had a bullish iCH at the bottom of the chart, after which Dominance is filling this IFC move by hitting higher Ls.
Upon reaching the resistance range, we expect drop candles
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate this analysis
Comment if you have any questions
thank you
BTC.D ALERT ***Considering this pattern that I have derived from the past market and the astonishing similarity
of the current price movement with the past, it can be expected that this pattern will
complete.
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Conclusion :
If this occurs, a rapid and attractive alt season will take place
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Wishing you successful & be profits 💲🔥
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Risk and capital management 🚨
Bitcoin Dominance Likely to Drop – Key Levels to WatchBitcoin dominance is showing signs of weakness and may be heading for a drop. The dominance chart suggests a potential reversal as key resistance levels are being tested and rejected.
Should monitor price action closely. If BTC.D falls further, altcoins might experience a strong relief rally. Stay prepared!
$BTC.D bearish but the result is disapointing for alts.📉 CRYPTOCAP:BTC.D Turning Bearish
CRYPTOCAP:BTC.D is overbought and starting to turn bearish. Influencers are hyping up an alt season, but don’t fall for the FOMO.
⚠️ Reality Check
✅ CRYPTOCAP:BTC.D dropped 2%, but altcoins barely moved.
✅ A small pump happened, but retail investors are not buying in.
✅ Many alt holders are selling to avoid further losses.
💰 Where's the Money Going?
🔻 CRYPTOCAP:BTC dominance is decreasing, but funds are flowing into CRYPTOCAP:USDT and stocks, not altcoins.
📊 Technical Outlook
🟢 MACD & RSI indicate some potential in strong altcoins.
🚨 A flash crash in CRYPTOCAP:BTC could wipe out altcoin gains.
🔴 Major resistance at 60% may trigger a bounce, keeping alts suppressed.
📈 If the descending channel breaks upward, CRYPTOCAP:BTC.D could hit 64%, leading to a 20%+ crash in altcoins.
🛑 Trading Strategy Recommendation
✔️ Day trade: Buy support, sell resistance, target 5-10% gains 📈
✔️ Avoid leverage: Too risky in this market ⚖️
✔️ Monitor MACD, RSI, and economic news for signals 📰
❌ Holding is NOT recommended in these choppy conditions. Be cautious, take profits, and stay ahead of the game. 🚀
BTC.D - Bitcoin dominance about to fall hard ?Violet bars pattern is move from 4 years ago
as you can see its copying it right in term of time and price action, not exactly in term of price but proportionnal
those blue trendlines converging to the same point indicate btc.d might have made a local top
all of these above indicate that we are picking and alt season will start, with a big acceleration in 2 weeks when we go below 60%
you can expect bounce from there for bitcoin or 94k6 then we should be fine
target for btc dominance is just the fib
58%
55%
49%
45%
39%
as btc.d seems to react less to volatility this year, theres a chance we dont go to the lowest fibs
Cheers
BTC.D% my notes for short-termThe negative scenario could be that the dominance tries to create a double top or take 50% of the upper wick. If it does this, it will try quickly, in this scenario we can have a heart attack. These levels are: 61.3 - 62.7 - 63.5 and 64.5.
In the positive scenario, the dominance will rise to 61.3% at most and fall down quickly. A drop to 56% and 58% below could create nice recoveries for altcoins in the coming weeks.
In the short term, these are the possibilities I expect in the coming days/weeks and the price levels I follow.
This is not investment advice.
Was 64% the top, or is there more downside coming for altcoins ?Hello Traders 🐺
In my last idea, I discussed the potential short-term pump for altcoins, which you can check out here: 👇
As you can see in the chart above, BTC.D dropped exactly as I predicted—so congratulations to all my dear followers who took advantage of it!
But what now?
Despite the recent dumps in the market, I still strongly believe that 64% was the top for BTC.D. Let me explain why:
1️⃣ The chart shows a rising wedge pattern, which is typically a bearish formation.
2️⃣ If BTC.D moves higher again, in my opinion, it could form a double top, making the chart look even more bearish!
3️⃣ Most altcoins are currently experiencing a severe decline, but in the past few days, ETH has shown slight outperformance over BTC, which is a bullish sign.
4️⃣ Always remember that technical analysis is about learning from history and acting accordingly. So far, we have never seen a bull market peak when BTC.D is at such a high level, and the Altcoin Season Index is still around 30%.
I hope you enjoyed this idea!
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
BTC.D ON DAILY CHARTCRYPTOCAP:BTC.D
on daily chart the bitcoin dominance continues to put significant market pressure and still on uptrend line.
we has a very strong resistance at 62% and I don't think it's easy to overcome, maybe it's the last breath.
Lets wait and see what happen soon , but in any case, in the event of a rebound and not exceeding the resistance, we will have support at 59% and 58%, and it must be broken to see a recovery in the market .
waiting..
Reality SlapI’m here to slap those calling for alt season since 2023. Yes, you deserve a big fat slap for calling for something that hasn’t happened yet. I’m guilty of calling for alt season without seeing any signs myself. You only need one indicator to tell you that we are in alt season and that’s when BTC.D goes and closes below 150 EMA on the weekly chart. For now the dominance is far above the150 EMA and we can all bark about alt season, but it’s not going to happen until we get a close below the 150 EMA.