BTC dominance has been breaking all resistance even when BTC broke ATH altcoins are still struggling. traditional investors joined the Crypto Market and since then they are controlling the Bitcoin price which resulted in huge depreciation to ALTs Price and Market Cap. some good project did have some nice runs but 80% ALTs are still underwater. Jan 28, · Bitcoin live price charts and advanced technical analysis tools. Use Japanese candles, Bollinger bands and Fibonacci to generate different instrument comparisons. 51 rows · View crypto prices and charts, including Bitcoin, Ethereum, XRP, and more. Earn free .
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Bitcoin Dominance Index Chart — TradingViewHello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..
Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already.
Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr.
Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment! I'm waiting that price can continue uptrend.
We can open long position as soon as BTC will break nearest resistance. Next resistance Videos only.
Will History Repeat itself? Remember you heard it here first! D , 1W MikeMilestone As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again.
Altcoin are clearly taking a hit with Ripple's struggles with the SEC suit. As I expect Bitcoin continue to show strength and reach new ALT this year and push forward to its k goal, Looks like Bitcoin will continue to outperform alt coins for the short term.
But don't be discouraged, as long as your alt coins keep going up against the dollar, you are winning Normally the Alt Season Start on December this is 3 years in row trends. BTC dominance is at supply zone, previously many times it rejected frm same zone. Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in. At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away.
This is partly to do with Some Elliott Wave for you. Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions.
In case if big players are fixing positions on BTC, the nearest support level is at the price values of
I perhaps shall keep silent
It is a pity, that I can not participate in discussion now. It is not enough information. But this theme me very much interests.