Bitcoin dominance has broken a major trendline after 2 years and 8 months.Get ready for the TRUE ALTSEASON https://t.co/tyqAc734B0 ...

The #Bitcoin dominance is going down.It dropped 8% and $ETH is back to an ATH.I assume we'll see #Altcoins pacing up with Ethereum in the coming period as confidence gets back to the markets. https://t.co/RkZAJQzozW ...

Market Trends - Bitcoin dominance is down to approximately 58% [1] - Historically, a drop in Bitcoin dominance has often correlated with a rise in altcoins [1] - Money flowing out of Bitcoin can potentially fuel altcoin growth [1] Investment Opportunities - The report suggests the possibility of an upcoming altseason [2]

Market Analysis - Bitcoin is showing a new short-term bullish signal, but liquidity is building below its price [1] - Ethereum is on the verge of breaking out into a new bullish price pattern [1] - Chainlink is potentially reconfirming a larger bullish signal [1] - Bitcoin's weekly chart indicates a larger bull market, but a significant bearish divergence is confirmed, likely leading to sideways consolidation or a pullback over months [2][3] - Bitcoin's 3-day chart momentum is bearish, suggesting no major bullish movement in the near term [4] - Bitcoin faces major support around 112,000, but a bearish divergence on the daily chart is still active [6][7] - Ethereum's larger trend is bullish, bouncing from a significant support area between 3,900 and 4,100 [23][24] - Solana is lacking momentum and trading sideways, with resistance between 190 and 200 and support around 180 and 167 [39] - XRP is struggling to regain the 290 level, with a bearish divergence on the weekly chart indicating a potential pullback [41][42] - Chainlink's larger trend is bullish, with support between 24 and 25 and resistance around 2670 to 27, but a bearish divergence is reconfirming [46][48][49] Trading Opportunities - A bullish divergence on Bitcoin's 4-hour chart suggests a slight bullish relief, with resistance expected just under 115,000 and further resistance at 117,000 [8][9][11][12] - Ethereum has formed an inverse head and shoulders pattern on the 4-hour chart, with a potential bullish price target of around 4,640 if it breaks out above 4,350, representing a possible 6% to 7% move [28][30][31]

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. You may have noticed recently that Bitcoin on its USD pair has been dropping a little bit. This is pretty much in line with what we've seen happen um in a lot of the prior posth having years and also even in in ...

Market Dynamics - ETH 的上涨若由 Tom Lee 的购买行为驱动，则预示着比特币主导地位的实质性下降，这在图表上表现为显著事件，而非短暂波动 [1][5] - 比特币作为投资标的，因其 21 million 单位的稀缺性，吸引了 Michael Sailor 等投资者的青睐 [2] - Tom Lee 认为 Ethereum 是全球金融体系的支柱，并大量购买 Ether，其行为与比特币的发展路径相似 [3] - 比特币主导地位的下降，与 Solana memecoin 热潮和 Trump token 现象不同，前者在图表上表现为更显著的趋势 [4] Investment Strategy - 行业需要将 Ethereum 打造成一种具有吸引力的投资资产 [3]

🔥 LATEST: Coinbase says the current market conditions signal a potential rotation into full-scale altcoin season as Bitcoin dominance falls from 65% to 59% while altcoin market cap hits $1.4T, in its latest research report. https://t.co/ovRKkD5uWA ...

Market Analysis and Altcoin Valuation - The crypto industry should prioritize Bitcoin valuation over USD valuation for altcoins, as USD's purchasing power asymptotically approaches zero over time [2][3][4] - The industry primarily values altcoins against Bitcoin or Ethereum, deeming other valuations less relevant for assessing risk and potential uptrends [5] - Altcoins have decreased approximately 61% from their 2021 highs against Bitcoin, with a maximum decrease of about 69% [6] - The industry anticipates altcoins to rally against Bitcoin through late August [9][10] - Ethereum's valuation against Bitcoin has likely bottomed out for this market cycle [11] Bitcoin Dominance and Trend Reversals - Bitcoin dominance often encounters resistance at Fibonacci retracement levels [8] - Historically, Bitcoin dominance tends to reverse its course in September [25][27][28][29][30][44] - Bitcoin dominance typically drops whenever Bitcoin breaks out of a long consolidation period [35][36][37] Ethereum's Influence and Potential "Fake Alt Season" - Altcoins' upward movement against Bitcoin is primarily driven by Ethereum's performance against Bitcoin [17][18][32] - Altcoins have been consistently underperforming Ethereum since April [19][21][70] - The industry foresees a potential "fake alt season" following Ethereum reaching new all-time highs, followed by a correction in September [54][62] Future Outlook and Strategy - A Bitcoin correction is expected in September, potentially leading to increased Bitcoin dominance [40][65] - Altcoins are expected to rally against Bitcoin for the remainder of August, but this trend may reverse in September [22][66][71][74] - The industry suggests a rotation back to Bitcoin is likely to begin in approximately two weeks [67]

Bitcoin dominance is below 60%, Alt Szn? 👀 https://t.co/JUKwkRFTQZ ...

Daily News 🗞 | August 13• Crypto captures half of top 20 spots in ETFs launched since 2024• Tom Lee’s BitMine expands equity offering to $24.5B for more Ethereum acquisitions• Bitcoin dominance dips to 59.6% amid capital shift• South Korean investors shift to crypto-related stocks amid stablecoin push• USDC issuer Circle to launch new layer-1 Arc blockchain this year#CryptoNews #PoloniexNEWS ...