When will the altcoin season come in 2024 ?
BTC Dominance has been rising since the end of 2022. That's about 1.5 year.
We can find a similar pattern from Jan 2018 - Sep 2019 (little over 1.5 year), BTC dominance had dropped from Sep 2019 - May 2021 (about 1.5 year)
Every time the BITCOIN DOMINANCE CHART make peak, this index will decrease, then the proportion of the entire altcoin market will increase.
Let's prepare for this cycle's huge altcoin bullish market π #BTC.D
BTC Dominance has been rising since the end of 2022. That's about 1.5 year.
We can find a similar pattern from Jan 2018 - Sep 2019 (little over 1.5 year), BTC dominance had dropped from Sep 2019 - May 2021 (about 1.5 year)
Every time the BITCOIN DOMINANCE CHART make peak, this index will decrease, then the proportion of the entire altcoin market will increase.
Let's prepare for this cycle's huge altcoin bullish market π #BTC.D
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Let's take an overview of #Bitcoinπͺ momentums in the last two weeks:
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of ββ$61,500.
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of ββ$61,500.
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#Bitcoin πͺ has an ascending harmonic pattern that is approaching the buying range and after that we expect to rise, and we can expect targets of 55970 - 62657.8 in the short term.
#BTC The buying range is 51530 - 49501. But if this pattern does not work and the price touches 46224.1, the upward scenario will be canceled.
#BTC The buying range is 51530 - 49501. But if this pattern does not work and the price touches 46224.1, the upward scenario will be canceled.
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π846β€433π―382π365π₯229
If #BTC pumps to $67,900 about $900millions are expected to liquidate on Binance!
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Technical CRYPTO Analyst
If #BTC pumps to $67,900 about $900millions are expected to liquidate on Binance!
Lol this was spot on!
#BTC pumped to $67,900 level!
#BTC pumped to $67,900 level!
8β€1.59Kπ₯1.39Kπ―590π391
Polish presidential candidate SΕawomir Mentzen, who holds 33.7 BTC (over $3.5 million), has pledged to establish a Strategic Bitcoin Reserve if elected, mirroring Donald Trumpβs initiative. Could Polandβs next leader be a true #BTC President? π
11π―506π362β€347π₯206
Members,
#BTC made a quick move, and unfortunately, we didnβt have enough time to share the signal here. Rest assured, weβll be providing some solid signals very soon. Stay tuned!
#BTC made a quick move, and unfortunately, we didnβt have enough time to share the signal here. Rest assured, weβll be providing some solid signals very soon. Stay tuned!
29π―605β€388π368π₯168π30
#BTC is hitting the high liquidation zone.
Rest assure we would be providing some solid signals once we see confirmations in the markets
Stay tuned for highly profitable signals
Rest assure we would be providing some solid signals once we see confirmations in the markets
Stay tuned for highly profitable signals
15π647π―455β€296π₯210π20
#BTC is heading towards hitting the High liquidation zones! Volitality is expected
2π498π―407β€251π₯216
Technical CRYPTO Analyst
#BTCUSDT If the trendline 2 resistance is broken, Bitcoin will reach $48,000. And it means the end of Bitcoin's upward trend, $110,000 is the highest price ceiling of Bitcoin. As is clear from the chart, Bitcoin's upward trend has the AB=CD pattern and theβ¦
#BTC Ready For The Resistance R2 Test.
1π423π―338π₯281β€217π9
#BTC 1W chart
This is the Support that can save us (at least for now) -> the intersection of the 50-Week EMA & 1.5-year trend line
This is the Support that can save us (at least for now) -> the intersection of the 50-Week EMA & 1.5-year trend line
5π―346π289β€274π₯227
#BTC/USDT β Updated Analysis (Daily Chart)
Price successfully broke above the key R1 resistance (~107,000 USDT), confirming strong bullish momentum.
It's now trading around 117,400 USDT, testing the extended trendline labeled R2, which is acting as dynamic resistance.
Pattern ABCD: Still visible with point D having completed earlier. This implies that price could be in a wave extension or consolidation phase.
BTC is now testing upper resistance (R2), making this a potential pause or breakout zone.
Keep eyes on R2 reaction β breakout = continuation, rejection = possible retest of 107K.
Price successfully broke above the key R1 resistance (~107,000 USDT), confirming strong bullish momentum.
It's now trading around 117,400 USDT, testing the extended trendline labeled R2, which is acting as dynamic resistance.
Pattern ABCD: Still visible with point D having completed earlier. This implies that price could be in a wave extension or consolidation phase.
BTC is now testing upper resistance (R2), making this a potential pause or breakout zone.
Keep eyes on R2 reaction β breakout = continuation, rejection = possible retest of 107K.
π―604π523π₯320β€247
#BTC.D This week Bitcoin Dominance Index is producing the highest bearish volume session since February 2021. More than 4.5 years.
This week we have the strongest bearish action since June 2022. We can say that the altcoins market bull market is not only fully confirmed but already underway. We are already experiencing the best altcoin season since 2021 but it is still early, this is only the start.
Bitcoin Dominance is set to produce the strongest drop in many years and this only happens when the altcoins go ultra-bullish.
Bitcoin is moving sideways right now near resistance. As Bitcoin does this, the altcoins continue to move forward. This is classic bull market dynamics. When Bitcoin consolidates at a high price, the altcoins tend to explode. You can expect this pattern to continue to repeat for months to come. There is more good news though.
The fact that the altcoins are growing, perfect examples right now are Ethereum and Litecoin, is a bullish signal for Bitcoin.
This week we have the strongest bearish action since June 2022. We can say that the altcoins market bull market is not only fully confirmed but already underway. We are already experiencing the best altcoin season since 2021 but it is still early, this is only the start.
Bitcoin Dominance is set to produce the strongest drop in many years and this only happens when the altcoins go ultra-bullish.
Bitcoin is moving sideways right now near resistance. As Bitcoin does this, the altcoins continue to move forward. This is classic bull market dynamics. When Bitcoin consolidates at a high price, the altcoins tend to explode. You can expect this pattern to continue to repeat for months to come. There is more good news though.
The fact that the altcoins are growing, perfect examples right now are Ethereum and Litecoin, is a bullish signal for Bitcoin.
π―559π454β€351π₯135
Technical CRYPTO Analyst
#BTC.D This week Bitcoin Dominance Index is producing the highest bearish volume session since February 2021. More than 4.5 years. This week we have the strongest bearish action since June 2022. We can say that the altcoins market bull market is not onlyβ¦
#BTC.D As expected, Bitcoin Dominance continued its downward trend after a pullback and is reaching the EMA 200 and it remains to be seen how it will react after reaching it. Will it be supported or will the decline continue?
π428π―307β€212π₯161
ππ #BTC Short-term holders, also known as paper hands, have sent 21,200 BTC to the exchange at a loss in the last 24 hours.
Reason for the market going down. It will add more selling pressure in coming days.
Reason for the market going down. It will add more selling pressure in coming days.
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