Dominance & Altcoins
- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
Ghi chú
- i made this Dominance graph in October 2022. - Read it and understand it.
Ghi chú
👀Ghi chú
Something important to add about this charts :- don't follow or believe in my fractals, they are just here to "Show the way" and try to indicate some potential movements.
- it's really hard to define "Timing" and "Push" with Cryptos.
- All movements can be fast and unpredictable in those markets.
- All movements can go higher or lower and sooner or later.
- Don't forget that Trading is just trying to predict the future with all informations we got in the past.
Happy Tr4Ding !
Ghi chú
Giao dịch đang hoạt động
Still on road.Ghi chú
Ghi chú
Ghi chú
57% Reached. Don't check your Altcoins prices, check BTC.D better. Ghi chú
Hodl :PGhi chú
👀
Giao dịch đang hoạt động
58% Dom
Giao dịch đang hoạt động
my fractals are just correct because of luck. keep this in mind.Ghi chú
new chart here :
Giao dịch đang hoạt động
59.50% BTC.DGiao dịch đang hoạt động
60% reached.
Ghi chú
- if BTC push more in Dominance, the next critical target should be around 66% (78.6 FIbo).
- Charge your altcoins bags..
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.