Market Trends - Bitcoin dominance surged above 60% in early November [1] - Bitcoin dominance stabilized around 59% as capital consolidates into BTC during market drawdowns [1] Company Insights (NYDIG) - NYDIG reports capital consolidation into BTC during market drawdowns [1]

Market Analysis - Ethereum is currently trading around $3,000, with price action seemingly driven by chasing narratives [1] - Ethereum's price movements often mirror previous cycles, typically underperforming Bitcoin during rallies [3] - A 40% correction in Ethereum's price has occurred, deeper than the expected 30% drop [5] - The analysis compares Ethereum's current situation to Bitcoin's 2017 performance and Tesla's price action, noting similarities and differences [6][18] - Ethereum's USD valuation is heavily dependent on Bitcoin's performance, with ETH/BTC pair currently in a downtrend [11][16] - The window of weakness for Ethereum against Bitcoin is expected to last for approximately 3 weeks [9][12] Key Levels and Potential Scenarios - $2,900 is identified as a crucial support level for Ethereum; failure to hold this level could lead to a drop to $2,100 [9][30][40] - If Bitcoin drops to $80,000 ($-10,000 or -11%), Ethereum could potentially fall to $2,100 [25][30] - A rally in Bitcoin back to its 200-day moving average could allow Ethereum to hold $2,900 and potentially rally higher [23][37] Time-Based Analysis - December is historically a turning point for the ETH/Bitcoin valuation [10] - From a time-based perspective, Ethereum's current capitulation is similar to Tesla's previous drop, with the current week being the 13th week of the correction [36]

#Bitcoin dominance mirrors 2019.It's a good case that we're seeing a rejection at the 20-Week MA and dominance falling downwards after this correction of $BTC.I recall, from the early days, that those were signs of a potential bottom on Bitcoin, as then, if there's a bottom on Bitcoin and it consolidates, it means that #Altcoins should be outperforming Bitcoin from this point.It happened in 2016/2017.It happened in 2019/2020 into 2021.It's likely going to happen again.No bear market. ...

Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin dominance. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on Into the Cryptoverse Premium at into the cryptoverse.com. Let's go ahead and jump in. So, I'm actually recording this video on November 10th.I'll be out of town for a few days. I'm going to be speaking at Bitcoin Amsterdam. So, my apologies if uh things are a lot diffe ...

Right now we are at the top of the range. So I would recommend that you exercise a little bit of caution because typically when we get to the top of these ranges and we get acceptance back in the ranges, it could signal a little bit of a correction. Becoming a millionaire in crypto gets a whole lot easier if you follow the right people.The number one mistake that I see new people making in crypto is not following the right people. You know that I love to recommend upandcoming valuable crypto YouTube channel ...

Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin as so far it has still managed to stay above its 50we moving average. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Today's a pretty big week. We have Bitcoin Amsterdam going on this week.I will be speaking at that conference and I look look forward to seeing a lot of ...

Where are we in the cycle?We're at the stage of Q4 2019, Q1 2020.The period where nobody believed in #Altcoins in the previous cycle.The #Bitcoin dominance has just seen it's first drop, I expect the second one to come in during this quarter. https://t.co/uyWXkjkrR8 ...

Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin and we're going to be discussing the relative strength index or RSI. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Let's go ahead and jump in. So, we've talked about the RSI a few times in the past.And just to remind you, it's not really the best indicator to use by i ...

Market Trends - Analyst suggests Bitcoin's weakening dominance may indicate the beginning of altcoin season [1]

is the entire 2019 rally for Bitcoin occurred during quantitative tightening. The entire rally that we've had for Bitcoin this entire cycle has also occurred during quantitative tightening. Now, of course, that's going to end in December, but it does go to show you how this cycle has been similar to the 2019 cycle.And I would say that because quantitative tightening is ending in December, there's a good chance that Bitcoin dominance could skyrocket between now and then. And then it might end up forming a to ...