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Btc-dominance

btcusdtperpHello my comrades 1. As you can see in the bigger picture (weekly time frame) The price is currently at the end of the wedge (purple line), which in itself is a good support because it overlaps several zone of demand. 2. Below is the last support that is in the range of 29920 to 28870. If it is lost, I have to give a new analysis. 3. Most importantly, the dollar dominance chart is approaching its resistance level, and this will cause a positive market reaction.
CRYPTOCAP:USDT.DLong
by mehrdad-javan1
2
#BTC/USD DAILY UPDATE !Hello, welcome to this BTC/USD daily chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : The Daily Chart The recent trajectory of lower highs and lows has been forming on the chart, indicating a continuation of the bearish trend. As it seems now, BTC’s price targets the $36K support area in the short term, which has held the price on multiple occasions over the past year. However, a break below it could result in a rapid drop towards the $30K demand zone. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC Dominance - What to watch for bear/bull marketWe see a green weekly 1. If the following week closes higher, we should watch for the possibility of this falling wedge breakout. Be mindful of the resistance line. Breaking out, getting rejected, and trading inside the pattern would indicate a pattern failure. Breaking out of this falling wedge and closing above the resistance line will indicate a very bearish action for crypto and alts. If this happens, look to my previous publication for the ideal time to add to your HODL position. Happy trading!
CRYPTOCAP:BTC.D
by BMoom
3
BTC.D: nothing has changed!!This is an inverted chart! Im still expecting BTC.D to make new highs to around 50% before Altseason starts. Everytime BTC begin a new rally to ATH it makes at first a drawdown from altcoins and then release some of its dominance to push altseason. This is the case, especially considering the fact that ETH will likely not rally when BTC is moving massively. Still expecting this for long time now. We'll see soon if we get it! Hope this can be useful for the trading view community!
CRYPTOCAP:BTC.D
by UnknownUnicorn19016152
How has BTC dominance affected ALTs? 1 month after publication! A month ago the idea "BTC.D, dominance is going down! Is ALTSEASON coming soon?" was published. The price (%) began to fall after leaving the channel and testing it as resistance. What is dominance? Bitcoin dominance is the ratio of the capitalization of the major cryptocurrency (BTC) to the total capitalization of cryptocurrencies. Simply put, % of Bitcoin's capitalization in the TOTAL capitalization of the crypto market (Bitcoin+Altcoins). Now it`s 42%. When Bitcoin dominance falls, 99% of altcoins start to grow. This is also called an altseason . The longest altseasons with 10-100x for ALT`s happen during the end of Bitcoin bull market (2017, 2021), but during temporary corrections like this small altseasons also happen. In one month, Bitcoin rose by 16% to $48,000. We see that 3/4 of altcoins have grown more than Bitcoin: 1. Cardano (ADA) +35% 2. Dogecoin (DOGE) +50% 3. Near Protocol (NEAR) +82% 4. Only BNB have grown as well as BTC +16%! That's why it's important to pay attention to Bitcoin's dominance (BTC.D). It can be an additional indicator to open a trade! Did you use our tip a month ago? Write in the comments, it's interesting to know. Friends, press the "like" button and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6
BTC.D - I'm calling it my treasure mapI heard the voice of Mr Klaws and that said it's time for a reasonablely noticabel market move. If you're not familiar with BTC.D, feel free to PM me or ask here and we'll explain. I call this the "treasure map". My strategy is BTC in the green channel, my fav alt probably coming into a buy zone or opportunity. Red zone should be printing profits. Green dash lines are market support for BTC. Red lines and box are where we would find massive supply (people selling cheap) of alts. It is important in this time to keep focus on a longer trend and make some hay. Or it mega bounces and my portfolio hurts.... invest wisely and with confidence or not at all. AKKK AKKK AKKK AKKKK AKKKK AKKKKK
CRYPTOCAP:BTC.DShort
by pikajew
BTC REJECTED 📉😔Greetings, Today we're looking at Bitcoin price action and it's 1D candle close. The past 2 days both daily closes have been in the red, that may show a sign of things to come. Yesterday we can see a Bearish Inverted Hammer & Today's candle, which has just closed is a bearish candle. I'm looking for tomorrow's daily candle to close above $44,400 to stay in bullish territory. 1D Time Frame 50MA (Blue line) - This can be a level where we will see as support if BTC reaches these lows. If BTC reaches these levels it will be around $41,800 price range. Trend Line (Yellow Line) - If BTC price action falls below this line, expect armageddon. Keep in mind we're watching Bitcoin price action closely as it determines our Altcoin trading as well as USDT.D & BTC.D to do our analysis. Remember, nothing is guaranteed, control the controllable. Mogues
COINBASE:BTCUSDShort
by mogues
Btc1! Daily CME GAP Analysis Update🟢#BTC Update Price currently in consolidation phase with frequent liquidity grabs and stop hunts. We also had BTC filling a CME gap earlier which is a good sign for expecting a move upwards, we have also successfully reed D1 200 EMA which is a good sign as well since a re is very important for market to gain back momentum. Weekly closure will clear out things further and we can possibly expect a move sooner, where breaking through and holding above our first resistance at $47300 approximately will be a bullish sign. Analyzed by Hossein 📅 04.04.2022 ⚠️ (DYOR)
CME:BTC1!Long
by Trader_Needs
BTC.D/TOTAL Painting A Clear PictureThis has arguably been the most consistent correlation (BTC.D/TOTAL) when it comes to understanding where the price is going for both BTC/Market Cap and I've yet to see anyone else mention it. The magic 40% on the BTC.D chart is where we are focused. That bottom support has systematically proven to be an indicator of the downside ahead. It is currently 5 for 5 on accuracy. Usually, when the market is strong, BTC gets the main flow of money into it as both Smart and Dumb money ride the wave up. Then once Smart Money hits their target, they begin to take those profits from BTC and flow it into Alt's. Well, since BTC has bounced off support at roughly $32,000 - we have seen the exact opposite. Im seeing a lot of "Explosive Alt season", but my question is, at what cost does this come? Now the question currently is if it actually makes it that low again for the 6th time. Here I have labeled the exact events that transpired at specific points. This is a Macro view of where BTC and Market Cap currently are and coincidentally they are both in arguably the most important channels in this cycle and the last cycle that topped in 2018; Bitcoin: Total Market Cap: Hope this helps!
CRYPTOCAP:BTC.D
by NoOneWhoIsSomeone
9