Bitcoin dominance wavesBitcoin dominance shows the waves following the main crypto cycles imposed by halving events.
The whole crypto market breaths in waves.
The current top may signify the soon to come strong alt season.
BTC.D trade ideas
$ETHBTC x $BTC.DCRYPTOCAP:BTC.D ➡️📉 BINANCE:ETHBTC ➡️📈
#Altcoins will follow!
#ethereum has always been a key indicator for #Alts and that hasn't changed. The cycle repeats as before the bull run!
Wen Alt Szn?BTC.D has just tested the .618 of its December 2020 long term high, December 2020 marked the beginning of the 2021 alt season. Its December 2020 long term high is the .618 from December 2016, December 2016 marked the beginning of the 2017 alt season.
BTC.D's weekly RSI has entered overbought levels while forming bearish divergence similarly to the December 2020 long term high.
BTC.d fall over 0.5%, subsequent performance of ARBWe will try to interpret the fall in the BTC.d on day 0 and see the performance of ARB on subsequent days on Day 1 and Day 2.
Btc dominance . Now some money should flow to alts . Not sure if btc will drop more but this suggest that btc dominance of the market will decrease meaning money could either go to alts or usdt . Some alts already turning positive againt btc .
Bitcoin Dominance ExhaustedSomething like preparing for rejection in early November on BTC dominance
Significant gain almost same with gain in mid July till Min Aug
When Bitcoin dumping u must ready to bag more alt here like
BTC.D analysis - Oct 31 2024Following previous analysis, BTC dominance crossed above the long term descending trendline and the Oct candle closes at 60% in 3 hours indicating that BTC.D is possibly heading for 66% zone as its target.
As long as BTC.D keeps rising, we can't expect an altseason.
Is the wait over after more than 3 years? BTC.D% at resistance?Well,I now personally many old traders have waited for btc dominance to reach 60+% .That is when we start scaling into alt-coins which have potential ,especially like Sui and many AI driven coins. Perhaps we can start scaling .Alt-coins have been crushed by btc surge but their time is around the corner .My personal idea is btc would hit 88 to 90K with btc dominance about 65% .Then money will start flowing to lower caps.We can start scaling into alts from now on and hence increase as btc dominance increases from now with my 60% allocation at 65% of btc dominance .
What do you guys think?
Bitcoin Domination REVEAL! Dollar system copy.People often talk about Bitcoin Dominance CRYPTOCAP:BTC.D , but mostly just about the chart, not about the hidden monetary system around it.
The fiat system has the dollar, which is like Bitcoin for all other crypto but for other currencies. The dollar is the world’s reserve currency not just because we want it to be. This is a rule of the massive and complex real financial system, which could NOT change significantly even within 10-20 years. I have a strong understanding of this topic, but this post is about the really important question: “When will altseason happen?!”
Most top altcoin founders have a lot of BITSTAMP:BTCUSD & $BITSTAMP:ETHUSD. These two assets are the oldest in crypto, and because of this, they contain all the liquidity in the market. Any altcoin has a mission for its founder—to gain profit: more BTC, more ETH, more USDT. Because of that, from time to time, we see weak altcoins and a strong Bitcoin. At this moment, they buy and pump altcoins a lot.
The top chart is Bitcoin Dominance against other tokens. And now (31 Oct 2024), we see Bitcoin at an all-time high and altcoins nearly dead. But wait for it; you will see that liquidity will jump into your favorite token.
The bottom chart is TVC:DXY , meaning the dominance of the dollar against other currencies. That’s why I think the Bitcoin team (corporations, not Satoshi) built a fiat-like system, and we should expand this theory to understand more.
Remember, the end of 2025 - the end of the bull market.
Bitcoin DominatingI am sorry to continue to beat a dead horse, but the altcoin cycle has not begun yet. Dominance just reached 60%, meaning that Bitcoin continues to put the smack down on your favorite smaller tokens.
Long term, this could be a time to scale in, but if you are trading, there’s no confirmation yet that altcoins are set to outperform.
BTC.D top?dominance has reached the predicted target and should either begin to consolidate and then fall. Or as I expect - at most a few more days to go up and then fall, with the expectation that it will confirm resistance and we will have at least a short alt season :)
2025 BTC.D - History Doesn't Repeat Itself, but It Often RhymesJust thinking through this idea in regards to BTC.D
In the last cycle BTC.D ramped up to consistently being above 60%, after its June 2020 lows, in the 4th week of October 2020. It ran up to 100% by the end of 2020 and then proceeded to roll over and fall back below 60% by the 3rd week of January 2021. Altseason started at the beginning of February 2021 with ETH & large cap projects. I'd like to think that Altseason officially ended by the end of May 2021 with a wild frenzy into memes (Doge, Shiba, Akita) setting new ATHs.
If we're applying that same logic to this cycle then... BTC.D. will begin its ascent towards 100% dominance by passing 60% by the end of October 2024 (as of today, it's October 30th) and then start to roll over the 2nd-ish to 3rd-ish week of January 2025, to start the New Year! From there we can estimate that Altseason will start sometime around the 1st-ish week to 2nd-ish week of February 2025. It will last until, I'm thinking, the end of April 2025 to middle-ish of May 2025 (at the latest).
Additional Thoughts:
We may get a blowoff top scenario by end of September 2025 / October 2025... but that's TBD. I'm not sure a double peak is guaranteed or in the cards this cycle. So, it may be wise to leave something in your bag headed into the end of year (Q3 / Q4), just so you can say mama we made it. IDK - just thoughts and not financial advice.
Resource & Thoughts
Consider the Path to Altseason by Secrets of Crypto
Would definitely have to consider macro, m2 & m3 and the US presidential election
Bitcoin Dominance Update: BTC.D is about to surge to %68Bitcoin dominance has broken the main long-term resistance on the weekly and monthly charts, making it very bullish and likely to reach new highs.
In this case, we expect Bitcoin to dominate the crypto market and surpass altcoins in gains. After reaching the target of 67%, we can anticipate the alt-season to start, marking the time for altcoins to make moves.
I'm not sure if we’ll have an alt-season like before, but some altcoins are likely to experience good returns. DYOR
BTC Dominance explained - Impact on Altcoins and Market CyclesBTC Dominance Explained 📊 – Impact on Altcoins and Market Cycles
Understanding Bitcoin dominance is crucial for navigating the crypto market, especially when planning moves with altcoins. Let’s dive into this BTC.D chart to get a clearer view of what BTC dominance signals and how it can shape your portfolio strategy.
The BTC Dominance Range and Altcoin Opportunities 🌐
Bitcoin dominance measures BTC’s market share relative to all cryptocurrencies. Currently, we’re moving within an upward channel, nearing a significant resistance at 59%. Historically, levels above 58% have been challenging for altcoins, as a strong BTC dominance means funds flow primarily into Bitcoin rather than altcoins. The higher this percentage, the more “BTC-centric” the market becomes.
However, if BTC dominance reverses from this resistance, which the chart suggests as a possibility, it could open the door for altcoins to perform strongly. Key levels where altcoins tend to gain traction are around 54%, 50%, and ideally below 48%. Dropping to or below these levels is often where we see capital shifting into altcoins, allowing them to shine as BTC consolidates.
Why BTC Dominance Matters for Ethereum and Other Alts 🚀
As noted in my recent Ethereum analysis, a breakout for ETH could coincide with a decrease in BTC dominance. Ethereum, currently flirting with a big breakout level around $2,800, could see significant upward movement if BTC dominance declines. The fundamentals of ETH are also aligning with this technical picture, setting up a favorable environment for Ethereum to absorb some of Bitcoin’s market share.
How to Use BTC Dominance in Your Trading Strategy 📉
When BTC Dominance Rises: High BTC dominance typically signals caution for altcoin investors. When dominance is around 58% or higher, the market is likely to favor BTC over other coins. This is a “BTC season,” where Bitcoin absorbs most of the inflow, leaving altcoins with reduced momentum.
When BTC Dominance Declines: If BTC dominance drops below 54% and further towards 50%, it becomes “altcoin season,” a period where alts, especially high-cap projects like Ethereum, tend to outperform. Watch these support zones closely; they often indicate when BTC is overextended and funds may rotate into alts.
Channel Boundaries for BTC Dominance: This channel on the 8-hour BTC.D chart shows BTC dominance’s cyclical nature. Every time dominance reaches the channel’s top, altcoins often benefit if BTC reverses. Conversely, approaching the bottom of the channel can signal potential BTC strength, drawing funds away from alts.
Current Market Setup: Preparing for an Altcoin Move?
We’re at a tipping point, with BTC dominance testing upper resistance. Should we see a reversal, we could enter a favorable phase for alts, particularly Ethereum, which is primed for a breakout. The combination of Ethereum’s strong technical position and the possibility of BTC dominance declining is a powerful signal for the alt market.
By understanding and leveraging BTC dominance in your strategy, you can more effectively time your altcoin entries and exits, aligning with macro movements rather than just isolated setups. This cycle-driven approach is essential for maximizing gains across different market phases.
One Love,
The FXPROFESSOR 💙
BITCOIN DOMINANCE ANALYSISBTC Dominance (BTC.D) on the 1W timeframe is expected to rise towards the marked zone between 60.92% and 67.78%. Once it reaches this level, we anticipate a potential decline in BTC.D. This shift would likely signal capital moving from Bitcoin to altcoins, paving the way for an increase in altcoin prices.
Dominance & Altcoins- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
BTC.D reached 60% after 3 and half years..It's been almost 3 and half years we see 60% dominance on bitcoin. Could be a sign of bullish continuation as it should be?
BTC.D - Current State of the MarketBitcoin's Dominance has just reached the 60% levels. This cycle is slightly different as ETFs are causing more money to flow into Bitcoin than normal cycles might allow.
But dominance is reaching the golden ratio (0.618) of its 2021 Fibonacci levels. If we see a rejection and retracement from this level, we could see money flow out of Bitcoin and more towards altcoins as this next leg of the bull market progresses.
$BTC.D Hits 60% - What's Next?CRYPTOCAP:BTC has pumped over 10% the last few days which sparked Bitcoin Dominance to reach the long awaited 60% milestone.
Depending on how strong the weekly close is, CRYPTOCAP:BTC.D could reach as much as 65% before Alts start to play catch up.
1 week away until the US Presidential Election, with the following day FOMC bringing another round of rate cuts.
Things could get wild real fast. Buckle up!
BTC.D almost tops out at 0.705 log scale fib retracementIf history repeats, BTC.D almost tops at 0.705 log scale fib retracement.
Bitcoin Dominance is getting closer to target.I think that Bitcoin Dominance should touch this target before bull market.
Afterwards, I think the altcoin bull market we have all been waiting for may begin.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
Bitcoin DominatesAs you can see, Bitcoin is still leading the charge and pounding altcoins across the board. There will be an altseason when this tops, which could be soon. But right now, Bitcoin is still the main gig in town. This continues to make new highs.
