BTC.D - Bitcoin dominance about to fall hard ?

1 231
Violet bars pattern is move from 4 years ago
as you can see its copying it right in term of time and price action, not exactly in term of price but proportionnal

those blue trendlines converging to the same point indicate btc.d might have made a local top

all of these above indicate that we are picking and alt season will start, with a big acceleration in 2 weeks when we go below 60%

you can expect bounce from there for bitcoin or 94k6 then we should be fine

target for btc dominance is just the fib
58%
55%
49%
45%
39%

as btc.d seems to react less to volatility this year, theres a chance we dont go to the lowest fibs

Cheers
註釋
went above both trendlines but can still be valid if we manage to go below 0.236 fib again

however it topped between the 2 fib so you can also expect a last move up to 61.82/62.29 (bringing the crypto market down)

i have to assume for now i don't know exactly whats going to happen but i still don't think btc gonna go sideways for as long as 2024 and 2023
註釋
btc d prolly toped here confidence 6/10
註釋
looks like second top guessed and btc d now broke down
is it about to waterfall??
註釋
XRP - Same pattern detected ??
same pattern here ?
註釋
alright breakout, maybe expect a last pullback to 61% before the real craziness
註釋
idea still very valid cause following the pattern i mentionned just above at perfection, everything converge to a super green week starting from tomorrow, not sure tho but i filled some of my bags today
註釋
little update on this one, that is still valid as long as the pattern displayed just above is in play
+ this now :

快照
註釋
ofc this idea is invalid but btc.d could now go down from here as it hits 0.786 at 63.4

快照

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。