Consultez le graphique Bitcoin / Euro en direct pour suivre les dernières évolutions de prix. Des idées de trading, des prévisions et des nouvelles du marché sont également à votre disposition. 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. Bitcoin is often called the first crypto currency. Bitcoin is better described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system.
Btc eur tradeviewBitcoin Dominance Index Chart — TradingView
But don't be discouraged, as long as your alt coins keep going up against the dollar, you are winning 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 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 Bitcoin dominance touched On the weekly chart, Bitcoin Dominance completed the Elliott wave pattern and now the ABC correction wave is going on.
The B wave is completed with a Some Elliott Wave for you. I believe we'll begin to see a significant pullback here now, which will result in the strengthening of the altcoins in Q1 Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for Bitcoin is better described as the first decentralized digital currency.
It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system. Remember you heard it here first! The infamous "Then they fight you" phase started! Merry Christmas. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range.
As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only.
I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hello, dear subscribers!