BTCdominance

Hey Binance Square fam! 👋 Are you ready for what might be a bumpy ride in the crypto market? We’ve been seeing some critical signals in *Bitcoin Dominance (BTC.D)*, and they’re hinting at a *potential altcoin shakeout*! Let’s dive into the analysis and predictions to see what’s happening. 🔥

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*Remember the February 3 Crash? 💥*

You might remember when we warned about a potential downturn before the *February 3 crash*. Well, guess what? We’re seeing similar patterns emerging in *BTC.D* right now, which could signal another potential shakeout is on the horizon. 🚨

*BTC Dominance* is a powerful chart tool that shows the strength of *Bitcoin* relative to the rest of the market, especially *altcoins*. And right now, things are getting interesting!

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*Elliott Waves and BTC Dominance 🌊*

Let’s break it down using *Elliott Wave theory*. On the *12-hour timeframe*, we can see the current *5 Elliott Wave impulse pattern* forming. Here’s what’s happening:

- *Wave 2*: Perfectly retraced to the *0.61 Fibonacci level* of Wave 1.
- *Wave 3*: Completed within the target area, showing strength in BTC dominance.
- *Wave 4*: Retraced to the *0.38-0.5 Fibonacci area*, with the *Awesome Oscillator* signaling a bearish turn, confirming its completion.
- *Wave 5* (Upcoming): BTC.D is gearing up for its *final leg up*, potentially reaching *66%* dominance. While the “max pain” target could reach *69%*, that’s less likely.

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*What This Means for Altcoins 📉*

When *BTC.D* rises, it usually means *Bitcoin* is outperforming *altcoins*. As BTC dominance climbs, altcoin values often drop because traders tend to shift their funds into Bitcoin. This could lead to *substantial losses* for altcoin holders. 🚨

Here’s the deal:
- *BTC.D increase* = Bitcoin rises in dominance.
- *Altcoins* = Likely to fall behind as funds flow into Bitcoin. 💸

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*Key Takeaways 🔑*

1. *Monitor BTC.D*: Keep a close eye on *Bitcoin Dominance*. It’s a crucial indicator for understanding market shifts. If *BTC.D* rises significantly, be ready for potential *altcoin volatility*.

2. *Elliott Wave Analysis*: The current Elliott Wave pattern suggests BTC.D is nearing its final leg up, which means Bitcoin could continue outperforming altcoins for a while.
3. *Risk Management*: *Stop-loss orders* and managing your risk are key! 🚨 Make sure you’re prepared for possible volatility in altcoins as *BTC.D* rises. This can lead to *sharp drops* in altcoin values.

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*Prediction and Analysis 🔮*

*Short-term Prediction*:
With BTC dominance likely to rise in the near term, expect *altcoins* to face increased *selling pressure*. This could lead to *further declines* in altcoin prices, especially those with weaker fundamentals.

*Mid-term Analysis*:
If BTC dominance reaches the *66-69% range*, altcoins might experience a *prolonged dip*. *Traders* may continue moving into Bitcoin, pushing altcoins down even further.

*What Should You Do?*
If you're holding altcoins, *monitor BTC.D closely*. If the dominance continues to rise, you may want to *reduce exposure* to altcoins or use *stop-loss orders* to protect your profits and minimize potential losses.

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*Stay Alert and Be Prepared! 🚨*

This is a crucial moment for altcoin traders. *BTC dominance* is signaling that a potential shakeout is coming, and altcoins may face some significant challenges ahead. Make sure you’re ready for potential volatility, and remember, careful analysis and risk management are key to navigating these uncertain times. 🧠💡

$BTC
$ETH
$BNB

#CryptoAlert #BTCdominance #CryptoMarket #Bitcoin #altcoins

Skyrexians, brace yourselves! The altcoin market is on the verge of a massive shakeout, and if you’ve been following our analysis, you know we called the Feb 3 crash before it happened. Now, the same signals are flashing red again!

🔎 BTC Dominance is the Key
Every major altcoin crash has been predicted by Bitcoin dominance, and right now, the charts are screaming for a final leg up in BTC.D—a move that could send altcoins into freefall.

📊 Elliott Waves in Play

Wave 2 retraced to the 0.61 Fibonacci level—textbook precision.
Wave 3 hit the target zone perfectly.
Wave 4 pulled back to 0.38-0.5 Fibonacci, while the Awesome Oscillator flipped bearish—a clear signal that Wave 5 is about to explode.
The target? 66% dominance, with a nightmare scenario of 69% dominance that could obliterate altcoins in the short term.

💥 What’s Next?

If history repeats, altcoins are in for a rough ride. Expect brutal liquidations, fear-driven sell-offs, and maximum pain before a potential market reset.

🚀 Are you ready? Position yourself wisely, Skyrexians. The shakeout has begun.

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#bitcoin #cryptocrash #AltcoinShakeout #BTCdominance

Hey crypto fam! 🤑 If you’ve been keeping an eye on the markets lately, you’ll notice something interesting: *Bitcoin dominance* is showing signs of weakening. 📉 This is big news because it could signal the start of *Altseason*! Let me break it down for you. 🔥

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*What’s Happening with Bitcoin Dominance?*

*BTC Dominance* refers to Bitcoin’s share of the total crypto market capitalization. For months, Bitcoin has been *leading the market*, but now, we’re seeing a *bearish divergence* in the weekly chart! 😱

A *bearish divergence* means that even though Bitcoin’s price might be going up, its *dominance* is starting to decline. This indicates that *altcoins* are beginning to gain traction and could soon outperform Bitcoin. 🚀

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*Why Does This Matter?*

Historically, when *Bitcoin dominance* drops, *altcoins* tend to see massive gains. *Altseason* happens when altcoins start catching up to Bitcoin’s growth, often delivering *bigger gains* for traders. If you’ve been holding your favorite altcoins, now might be the time to start paying extra attention! 👀

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*Altseason is Close!* 🚀

With this *bearish divergence in Bitcoin dominance*, it’s likely that we’re on the *edge of Altseason*! 🔥
- *Altcoins* have the potential to *surge* and *outperform Bitcoin* in the upcoming weeks.
- As Bitcoin cools down, traders will start moving their profits into altcoins, leading to *huge gains* in the altcoin market.

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*What Should You Do?*

1. *Monitor Your Altcoins* 📊: Keep an eye on coins with strong fundamentals and promising charts. It’s time to prepare for possible explosive growth.
2. *Diversify Your Portfolio* 💼: Don’t put all your eggs in one basket. Spread your investments across multiple altcoins to catch the gains as they come.
3. *Don’t Get Greedy* 💸: As we know, altcoins are *volatile*. Be ready to take profits when the time comes.

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*In Conclusion:*

It’s time to *watch out for Altseason!* 🚀 With *BTC dominance* on the decline, altcoins are ready to *take the spotlight*. Keep your eyes peeled, do your research, and get ready for some exciting times ahead in the market! 🌟

Let’s get those gains! 💰💎

$BTC
$ETH

#BTCdominance #Altseason #cryptotrading #Altcoins #CryptoMarket

🔸Few days ago we analyzed $BTC chart and called out dump when it was trading at $98K.
🔸After that it dropped to $93.3K.
🔸But it is not a dump that we called out.
🔸Another dump upto $88k is still loading. Here is further detail.

🔸Look on chart #BTC sweep out range lower side liquidity by fake out.
🔸If you read last article in detail we mentioned a bounce upto $99.6K than dump. It is bcz there is lot of liquidity that #Bitcoin need to sweep before it drop to $88K.
🔸In last bear trap again liquidity on up side increased. Market will now bounce upto $99.6k then $88K dump is expected.
🔸Instead of $99.6K it can go even more up like $100k & $101k. but we will focus on booking profits there instead of buying in #FOMO there.
🔸Also #altcoins will drop when $BTC will hit $88K.
🔸So book profits when #BTCdominance hit 60% level.
🔸In short words book profits when $BTC rise upto $99.6K and then wait for $88K and $86K levels.
🔸Engage with posts..............