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Market Cap BTC Dominance, %Market Cap BTC Dominance, %Market Cap BTC Dominance, %

Market Cap BTC Dominance, %

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BTC.D trade ideas

Bitcoin Domiance Confirms Alt Season is Upon UsI’ve recently been cautious about entering the market due to concerns that Bitcoin’s bearish outlook might drag altcoins down further. My worry was that there could be more downside for alts. However, today’s price action has provided some much-needed clarity—and it’s looking positive. I shared an idea about Bitcoin dominance bouncing off the 0.618 Fibonacci level back in 2021, which marked the start of altcoin season. Interestingly, we saw a similar setup this November. Bitcoin dominance reached 59.96%, rejected the 0.618 Fib level, and started declining—a promising signal for the start of another alt season. Altcoins initially rallied as dominance fell to 58.03%, but then dominance bounced back up, causing alts to pull back. What caught my attention, though, was how dominance behaved more recently. On December 22, dominance attempted to climb but topped out at 59.27%—lower than the November high of 59.96%—before posting a notable drop today and setting a lower low today. This is a very positive development for altcoins. There’s still a lingering concern about Bitcoin’s bearish potential. I’m worried that BTC could revisit its previous all-time high, experiencing a 31% correction down to $73,000. This aligns with historical data from 2021, when Bitcoin saw a 31% drop after dominance hit the 0.618 Fib level. This scenario remains on the table. However, what I hadn’t fully considered until now is how the altcoin market behaved during Bitcoin’s correction in January 2021. When BTC dropped 31%, the altcoin market surged as illustrated above. This indicates a decoupling effect, where money flows out of BTC and into alts, fueling an altcoin rally even as Bitcoin corrects. We saw a similar dynamic today. When BTC dropped to $92,000, it had little to no impact on the altcoin market. This decoupling reinforces the idea that altcoins can thrive even during Bitcoin’s downturns. With these patterns playing out, I’m now confident that we are on the verge of—or already entering—altcoin season. 🚀
CRYPTOCAP:BTC.DLong
by heywippa
$BTC.D prediction based on the current situation.CRYPTOCAP:BTC.D has been climbing steadily since the start of this bull run. It’s often said that an altseason begins when BTC dominance drops below 55%. However, the 54% level appears to be a strong support zone, with the MACD showing a low point and the RSI entering oversold territory. My analysis suggests that BTC dominance has established a range between 59% and 55%. It’s likely to bounce off the top resistance, pushing dominance back toward the support. If the next drop breaks through this support, it could finally trigger a true altseason.
CRYPTOCAP:BTC.D
by CryptoNikkoid
1
BTC.D ChartAs i mentioned in my previous analysis i expected BTC.D to have it's pull back to the inverse cup & handle pattern and midline of it's channel and we got a beautiful red inverse hammer from the resistance zone. Im expecting BTC.D to continue it's path to the lower numbers which will give alt coins some room to grow and a future alt season. Market might give a bit more correction due to other charts which you can read on my profile, but don't get shaken out and buy the dips and you'll thank me later. The Giga cycle is upon us. DYOR Goodluck
CRYPTOCAP:BTC.D
by Arisha_Najjaran
1
The Fibonacci golden ratio (commonly 0.618 or 61.8%) Always PlayThe Fibonacci golden ratio (commonly 0.618 or 61.8%) is a powerful concept in trading and is often used for identifying potential reversal or continuation zones. However, while it is highly effective, it doesn’t always work, as no tool or concept in trading guarantees 100% accuracy. Here's why: Why Fibonacci Golden Ratio Works: Natural Patterns: The Fibonacci ratio is rooted in nature and psychology. It reflects patterns that occur in financial markets as traders’ behavior often aligns with these ratios. Support and Resistance: The 61.8% retracement level frequently acts as a strong support or resistance zone where price reacts. Widely Used: Many traders use Fibonacci levels, which makes them self-fulfilling to some extent. Why It Doesn't Always Work: Market Conditions: Fibonacci levels may fail in choppy or sideways markets where clear trends or retracements don’t exist. Lack of Confluence: A single Fibonacci level without other confirmations (like trendlines, candlestick patterns, or volume) might not hold. External Factors: Sudden news, macroeconomic events, or unexpected volatility can overpower technical analysis. How to Make It More Effective: Combine with Confluences: Use Fibonacci retracements with trendlines, candlestick patterns, moving averages, or RSI divergence for higher accuracy. Check Market Context: Apply Fibonacci in trending markets where retracements are more predictable. Backtest and Refine: Analyze past data to see how well Fibonacci levels align with price action in the assets you trade.
CRYPTOCAP:BTC.D
by RajaSaien
Analyzing Bitcoin Dominance: Pinpointing the Pivot to Alt SeasonTo identify a key pivot point for an altcoin season, let’s analyze Bitcoin Dominance (BTC.D) using the Monthly Chart, which provides a clearer overview of pivot levels and trends. Current Outlook on BTC Dominance Stochastic RSI Signals Bearish Momentum The Monthly Stochastic RSI turned bearish in November with a confirmed bearish crossover. This suggests a continued decline in BTC dominance and aligns with the larger market narrative of Bitcoin being in its final Wave 4 & 5 of the current cycle. Rejection at the 0.618 Fibonacci Level In November, BTC dominance rejected the 0.618 Fibonacci retracement level, a significant resistance point. A similar rejection occurred during the 2021 bull run, marking the peak in BTC.D and the shift of money pouring into Alt Coins. What Happened After the 2021 Rejection? After BTC.D rejected the 0.618 level in 2021: Bitcoin Continued Rising: Bitcoin’s price rallied as dominance declined. Altcoin Market Share Increased: This shift in dominance marked the beginning of Alt Season, with altcoins gaining significant market share. As BTC.D retraced to the 0.382 Fibonacci level, Bitcoin and dominance both consolidated and moved sideways. During this period, altcoins experienced exponential growth, with many hitting new highs. Where Are We Now? The current setup appears to mirror the 2021 scenario: BTC dominance rejected the 0.618 Fibonacci level in November. A decline in dominance is expected, leading to - 1) Bitcoin’s price increasing. 2) Bitcoin dominance decreasing, signaling the expansion of the altcoin market. What to Watch Next Key Consolidation Levels: BTC dominance could retrace to around 53.9% or lower, where consolidation is likely to occur. During this phase, the altcoin market is expected to expand further, with surging prices and new all-time highs. Altcoin Season Peak: A critical level to monitor is 47% dominance (0.618 Fibonacci level). Once BTC.D falls below this threshold, the market may approach the peak of altcoin season. At this stage, consider developing an exit strategy, as altcoins could be nearing their cycle highs. Conclusion The rejection at the 0.618 level and the bearish monthly Stochastic RSI suggest that Bitcoin dominance is poised to decline further. If history repeats, we could see a significant rally in altcoins while Bitcoin continues to rise. Monitoring BTC.D’s retracement to 53.9% or below and its potential fall through 47% will be crucial for identifying the peak of altcoin season and planning a timely exit.
CRYPTOCAP:BTC.DShort
by heywippa
2