Live Bitfinex Bitcoin Dominance Perps prices from all markets and Bitfinex Bitcoin Dominance Perps coin market Capitalization. Stay up to date with the latest Bitfinex Bitcoin Dominance Perps price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitfinex Bitcoin Dominance Perps. 1 day ago · By TeamMMG On Dec 24, Share. BTC dominance is about to make a move. Lets see if it can fall to around 50%, which is in confluence with the % Fib retracement and previous weekly support/resistance levels. It is also touching the upper trendline which acts as a resistance for now and lets .
Btc market cap dominanceCryptocurrency market cap and Bitcoin dominance
A close above the cloud would lead to a strong push higher. In the chart below, the monthly BTC. D chart is also closing above the middle-line on the Bollinger Bands. Although there are five charts total, the final chart has three more signals that are extremely bearish for altcoins. The Relative Strength Index is nowhere near oversold levels, and recently broke out from a downtrend line, letting the top cryptocurrency rip against alts.
The histogram also turned green for the first time since March , just as the last significant altcoin season ended. Altcoins have never quite recovered since , and the increasing volume above on BTC.
D suggests that the trend of favoring Bitcoin over altcoins is only strengthening. For the naysayers that argue charting dominance is worthless, the ETHBTC chart — often used to gauge altcoins strength or weakness against BTC — gives signals inverse to all the above, pointing to a deep collapse in Ethereum while BTC runs to new all-time highs. The next two weeks are especially critical for altcoins, and are facing a bounce or die type situation against the only just blossoming Bitcoin bull trend.
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Bitcoin Dominance. Buy bitcoin. Real Bitcoin Dominance Index Today Weekly High Weekly Low The Real Bitcoin Dominance Index calculates Bitcoin's market share among proof of work coins attempting to be money.
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