Nov 20, · Bitcoin dominance is the percentage that measures Bitcoin’s share of the WHOLE cryptocurrency market capitalization measured in percentages. This is price action analysis for BTC.D (bitcoin dominance over altcoins). During next couple of month there is an opportunity for short-term alt season, but we need to see all options. So importance level are at % dominance, if price going to break one we going to see huge dump of alts, I can say % from current prices over couple of The market dominance of Bitcoin is at a High having reached the Highs this week. With the RSI breaking over it has completed a cup formation a relief consolidation is expected. The alt market dominance is past its Lows approaching the levels.
Bitcoin dominance tradingviewBtc-dominance — TradingView
BigCap i. It's Just Beginning of Alts Now fundamentals are different but it looks like we are repeating the same pattern, also at the same date. Nice QM Pattern triggered on bitcoin dominance chart Now still we can see Altcoins pump hard but we can see some corrections in altcoins. So Guys keep an eye on below point:- Support See the Altcoin chart. As predicted previously, dominance is tightening the range this would lead to a big move around end of May either up or down.
The bias is down based on probable action by the USD pair. If there is a bitcoin bullish explosion at then end of May, Alts will suffer and their dominance fall. The bearish cycle could have just started Hope this idea will inspire some of you! Kindly, Phil. Predictions and analysis.
Videos only. Top authors: dominance. XRP will be delisted next year. We are witnessing that right now. D rises, we psychologically assume that we want to be in Bitcoin , which then leads to a decrease in the alt coin market. For those who are interested in more risk management strategies, please look at the links below! Trade Safe! X Force. I wish I had known this in early ! Trying to decide if there's any point in hodling them at this point.
XForceGlobal cryptogardener. A lot projects were outpacing Bitcoin at a rapid rate. Now we are a smarter market!