🚀 Hey Traders! 👋
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance (
BTC.D) is trading inside a beautifully defined rising channel on the 4H chart.
📈 What’s unfolding?
✔ Strong support holds at the lower channel line (marked by green arrows)
✔ Bounce potential toward the upper channel resistance (~65%)
✔ Expect possible rejection there, followed by another retest of support
💥 Why this matters:
✅ BTC dominance drives altcoin sentiment
✅ Rising dominance → pressure on altcoins
✅ Watch for a breakdown below support → potential altcoin relief rally
⚙ Key Takeaway:
Monitor this channel carefully. If dominance breaks below support, alts could gain momentum. If it bounces, BTC will continue to lead.
💬 Drop your thoughts in the comments — are you betting on BTC or alts next? 🚀👇
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance (
BTC.D) is trading inside a beautifully defined rising channel on the 4H chart.📈 What’s unfolding?
✔ Strong support holds at the lower channel line (marked by green arrows)
✔ Bounce potential toward the upper channel resistance (~65%)
✔ Expect possible rejection there, followed by another retest of support
💥 Why this matters:
✅ BTC dominance drives altcoin sentiment
✅ Rising dominance → pressure on altcoins
✅ Watch for a breakdown below support → potential altcoin relief rally
⚙ Key Takeaway:
Monitor this channel carefully. If dominance breaks below support, alts could gain momentum. If it bounces, BTC will continue to lead.
💬 Drop your thoughts in the comments — are you betting on BTC or alts next? 🚀👇
Trade attivo
🚨 BTC Dominance Update – Follow-Up 🚨
As anticipated, Bitcoin dominance is respecting the ascending channel beautifully!
📈 We’ve just hit the upper resistance zone (~65.50%) and saw an initial rejection from there.
🔄 Next watch zone:
We’re expecting a cool-down phase toward the midline/lower support of the channel (around 64.80%–65.00%) before any major move.
⚠️ Key Takeaway:
A strong rejection from the top & breakdown from the channel = 🔥 Altseason trigger.
Invalidation: Close above 65.50 level.
We’ll keep tracking this closely! 👀 And keep you updated.
Nota
📊 BTC Dominance Update
As expected, BTC dominance has broken down from the rising wedge. Currently, it's heading for a bearish retest near the breakdown zone. This move could cause short-term dips in altcoins, especially heading into Monday.
But here's the key:
🔄 Once the retest completes, we’re likely to see renewed upside momentum in Altcoins and a shift back in strength across the board.
Stay patient and be ready—
📌 We'll look to reload our best setups once confirmation hits.
📈 Altseason is about to get started.
—
🧠 Monitoring closely.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.