Liquidity scoop is comingThe BTC dominance has always been a interesting indicator to me since 2024 April it has been gradually going up to the 60% zone and then we a saw a nice rejection which push alts to make new all time highs for year of 2024. It maybe this week and slightly delayed but I sniff another rejection wick coming soon to push alts to do 1.5-2x in returns within the next 2 months. It's all about patience and game plan. In these volatile markets spot trading is pretty nice.
BTC.D trade ideas
Bitcoin Dominance Bearish BTC.D + ALTSEASONBack in 2017 and 2020 i've posted a BTC.D Bearish Chart.
That Was a long-term view and still playing well till now.
You can find my Old Prediction
Both times we wend on BTC From 20000 to 3000 and From 65000 to 16000, but it's not about Bitcoin Bearish Scenario, but About ALTSEASONs.
Both times it were best seasons ever as BTC.Dominance went down
That Chart Is it and still valid until 2035 together with my Bitcoin longterm view TA on TradingView.
Wish you a good luck and hope you'll be happy with that TA. Enjoy.
Sal ??!!Bitcoin Dominance Today the price shows that the price is moving inside a short-term ascending channel on the daily time frame, settling at $104,896 with trading volume increasing significantly.
It is worth noting that Bitcoin Dominance analysis shows that the price is currently approaching a major resistance at $110,125, an important area that may determine the next trend¹.
Crypto Market Overview, What is potentially coming next. Observations:
1. **Bitcoin Dominance (BTC.D):
- BTC dominance is trending upwards, indicating a shift of capital back into Bitcoin relative to altcoins. This suggests a "flight to safety" scenario where investors favor Bitcoin over riskier altcoins.
- BTC dominance appears to be testing resistance levels near 59-60%.
2. USDT Market Cap:
- USDT's market cap is steadily rising (green line), showing an increasing supply of stablecoins. This could indicate that investors are moving into stablecoins, potentially as a preparation to re-enter the crypto market or hedge against volatility.
3. Altcoins Excluding Top 10:
- The dominance of smaller altcoins (blue line) has been in a declining trend. This aligns with the increasing BTC dominance, suggesting weaker investor confidence in smaller altcoins.
4. Bitcoin Price (orange line):
- Bitcoin’s price is climbing alongside its dominance, a bullish signal. This suggests strong investor interest and potential accumulation at these levels.
5. Market Sentiment:
- The convergence of rising BTC dominance, a stable USDT supply increase, and a declining smaller altcoin trend typically signals market participants reallocating capital from speculative assets to Bitcoin.
6. Moving Averages:
- BTC.D seems to be moving above significant moving averages, which often serve as dynamic support/resistance levels. This adds strength to the bullish case for Bitcoin.
### Potential Outlook:
1. **For Bitcoin:
- If Bitcoin dominance continues to rise and its price maintains upward momentum, it may lead to a significant rally. The combination of increasing price and dominance suggests that Bitcoin could outperform the broader market in the near term.
2. For Altcoins:
- Smaller altcoins are likely to face additional pressure, as funds flow out of them and into Bitcoin or stablecoins. Larger-cap altcoins (those in the top 10) might be less affected but could still underperform relative to Bitcoin.
3. Market Transition Phase:
- The increasing USDT supply suggests that liquidity is building on the sidelines, which could flow into the market soon. If Bitcoin breaks key resistance levels, it might act as a catalyst for renewed interest in the crypto space.
4. Potential Risks:
- A sharp decline in Bitcoin dominance or a stagnation of price near resistance levels could result in a reversal, with capital flowing back into altcoins or out of the market entirely.
### Key Levels to Watch ###
- **BTC Dominance Resistance:** 59-60%. A breakout above this could signal a Bitcoin-led bull market.
- **Bitcoin Price Resistance:** Monitor the $35,000-$37,000 range as a critical level.
- **USDT Market Cap Growth:** Continued growth could precede major market moves.
In summary, the chart indicates that Bitcoin is likely to remain the leader in the near term, with increasing dominance and price signaling a bullish trend. However, smaller altcoins could struggle in this environment. Stablecoin movements should be closely watched for signs of liquidity deployment into the market.
DOMINANCE - retesting almost done!The market is experiencing a terrifyingly bearish phase, and the start of the week is concerning. However, everything will be fine soon.
We can see this through the dominance chart.
On the weekly timeframe, the pattern has broken downward, and a retest is now in progress.
This current pressure on altcoins aligns with the dominance chart retesting its breakdown.
It’s expected that dominance could rise to a maximum of 61% before altcoins break free from this nightmare and finally deliver the long-awaited profits.
Personally, I’m still holding onto my altcoins and strongly advise against selling. Everything will improve in the coming weeks.
Altcoins are currently at bargain lows that are worth buying.
Best regards Ceciliones🎯
RSI AnalysisRSI Length: 50
MA Type: SMA
MA Length: 50
Historically, when RSI is below SMA on this setting, it means the start of alt season. One thing to pay attention to is that RSI is trying to break above the SMA line and if RSI fails to break above the SMA line, it is a confirmation that btc will lose value against alts. People have been calling for alt season since 2022, but still nothing has happened and this chart also does not confirm or predict an alt season. I’m just pointing out what has historically happened to the Big D based on RSI chart.
BTC.D - Official Alt Season ?Charting this on a weekly timeframe is tough, so use it as a reference point only.
I’ll provide more precise analysis on lower timeframes, but this represents my general macro outlook. But: Start preparing for an Exit Strategy. You are warned.
1st area of Interest = Green Box (45-46%)
2nd area of Interest = 43% Horizontal Support and close Trendline Support
3rd area of Interest (in case we got very lucky) = 39.70%
Bitcoin Dominance Analysis:Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Sure! Here's the analysis in English for your TradingView post:
Bitcoin Dominance Analysis:
Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Scenarios:
Bullish Scenario: If Bitcoin dominance successfully breaks above Zone A, it will indicate Bitcoin gaining strength relative to altcoins. This could mean a shift of liquidity from altcoins to Bitcoin.
Bearish Scenario: If Bitcoin dominance fails to break the resistance and moves downward, the next target will likely be the support zone at Zone B. This could signify increased focus on altcoins.
Btc dominancealt coins will gain against btc for a few days we can start to see it money flowing to alts as btc dominance retraces btc dominance going down means money flows back to alt coins and eth . Every bull cycle after btc finish going up money flows to alt coins . I think the major alt coin bull run has not yet happen because btc has not reach the top i think btc tops at 120k so be patient the alt coin bull run will start soon.
Bitcoin Dominance Update: Alt-Season around the corner!Bitcoin dominance is still in an obvious uptrend and in my opinion we can have a potential scenario as illustrated on the chart which the dominance will have a spike up to %68 as Bitcoin records new all-time highs and the alt-season that we all are waiting for will start right after hitting this level around Mid-February.
This analysis will be invalidated if the dominance closes below %56 before making new high above %60
an insight on BTC's dominanceCRYPTOCAP:BTC.D
✅ Bitcoin Dominance has formed a double top below the 59.15 resistance on the four-hour time frame, which could once again move towards its short-term uptrend line if it breaks the 58.37 support 👌
✅ Bitcoin Dominance needs to break the uptrend line and support at 56.79 on the daily time frame to start its new downtrend 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Skyrexio | Bitcoin Dominance: Altseason Is About to Be CancelledHello, Skyrexians!
We know how you wait for the altseason, but market is about to make the new shakeout! The CRYPTOCAP:BTC.D drop in November 2024 gives us the belief that all altcoin holders will be rich, but it has started to go up again with slow altcoins bleeding. Now we have the last chance to be saved. If now, say hello to new lows for altcoins.
Let's take a look at the daily chart. Dominance dropped after printing the Bullish/Bearish Reversal Bar Indicator . We still count this wave as the wave 1. The wave 2 in our opinion is happening now. This wave has the ABC shape which has the chance to be finished now inside the Fibonacci 0.618 target area. Moreover we can see red dot on the indicator. Next week will be decisive for crypto market. If dominance will decrease from here we will see the altseason soon.
Best regards,
Skyrexio Team
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Bitcoin Dominance, is it telling us what is happening?Bitcoin Dominance - In the 2021 top, BTC.D put in its top just before BTC put in its top. Altcoins were rising as BTC.D was topping, and then altcoins got their crazy parabolic tops as BTC.D was having its first initial drop from its cycle top. Dominance topped just before BTC went to 42K, and had its first 30% correction post covid-crash, which was JUST before it (BTC) went up and put in its cycle top. Currently Bitcoin Dominance is surviving the 58% key S/R, and looks like it may push higher on a 1W and 2W basis.
So, even though Bitcoin has bearish divergence all the way up to its 3W chart, Dominance makes me think that BTC is going to push through it and go higher where it then might repeat something similar to what it did in 2021 - do a correction at that point after Bitcoin dominance peaks, and then Bitcoin peaks as altcoins have the blow-off top phase of their cycles as Bitcoin dominance has its initial fall from its cycle top.
Bitcoin Dominance targetsMany people now waiting BTC dominance over 60%. I dont think so we will go so high!
CRYPTOCAP:BTC.D
We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin
51.20% was a previous support for BTC dominance in 2020 now its can be like resistance
Locally we formed triangle with fake out
2 possible scenarios for Btc dominance marked on a chart
Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100%
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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