Bitcoin Dominance Rate (BTCD) Falls Sharply After Rejection From 48% Resistance Area

The Bitcoin dominance rate (BTCD) has been falling since it was rejected on June 11. However, the conditions are ripe for long-term bullish continuation. The post Bitcoin Dominance Rate (BTCD) Falls Sharply After Rejection From 48% Resistance Area appeared first on BeInCrypto.

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Bitcoin Dominance Rate (BTCD) Reaches New Yearly High

The Bitcoin Dominance Rate (BTCD) has been moving upwards since completing a bullish pattern in January 2022. The weekly RSI is bullish. The post Bitcoin Dominance Rate (BTCD) Reaches New Yearly High appeared first on BeInCrypto.

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Bitcoin Dominance Rate (BTCD) Bounces Sharply After Triple Bottom Pattern

After creating a bullish pattern, the Bitcoin Dominance Rate (BTCD) has broken out from a nearly yearlong descending resistance line. The post Bitcoin Dominance Rate (BTCD) Bounces Sharply After Triple Bottom Pattern appeared first on BeInCrypto.

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Bitcoin Dominance Rate (BTCD) Breaks Out From Short-Term Downtrend

The Bitcoin Dominance Rate (BTCD) has been increasing over the past five days and is approaching a crucial resistance area, a breakout above which could determine the direction of the future trend.

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Bitcoin Dominance Rate (BTCD) Fighting to Rebound After Falling From Local High

The Bitcoin Dominance Rate (BTCD) is potentially in the beginning stages of a short-term reversal that could cause a strong upward move. The post Bitcoin Dominance Rate (BTCD) Fighting to Rebound After Falling From Local High appeared first on BeInCrypto.

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Bitcoin Dominance Rate (BTCD) Pulls Back, Allowing Altcoins to Flourish

The Bitcoin Dominance Rate (BTCD) has possibly reversed trend after its Sept 10 low and began a new upward movement. The post Bitcoin Dominance Rate (BTCD) Pulls Back, Allowing Altcoins to Flourish appeared first on BeInCrypto.

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BTCD Reverses Prior to Reaching New All-Time Low

The Bitcoin dominance rate (BTCD) has bounced just prior to reaching a new all-time low price and potentially initiated a new upward movement. The post BTCD Reverses Prior to Reaching New All-Time Low appeared first on BeInCrypto.

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BTCD Approaches Crucial Resistance – Will It Break Out?

The Bitcoin dominance rate (BTCD) is showing strong signs of a bullish trend reversal, but has yet to clear a crucial resistance area. The post BTCD Approaches Crucial Resistance – Will It Break Out? appeared first on BeInCrypto.

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Bitcoin Dominance Rate (BTCD) Bounces at Long-Term Support

The Bitcoin dominance rate (BTCD) has created a double bottom at the long-term support area of 39.50%. There is bullish divergence. The post Bitcoin Dominance Rate (BTCD) Bounces at Long-Term Support appeared first on BeInCrypto.

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BTCD Bounces at Long-Term Support

The Bitcoin dominance rate (BTCD) has created a long-term double bottom pattern close to the 39.50% long-term support area.  The post BTCD Bounces at Long-Term Support appeared first on BeInCrypto.

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BTCD Bounces – What Will Happen to Alts?

The Bitcoin Dominance Rate (BTCD) reached the 41% support area on Sept. 4 and has initiated a slight bounce. The post BTCD Bounces – What Will Happen to Alts? appeared first on BeInCrypto.

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Bitcoin Dominance (BTCD) Breaks Down, Approaches Range Lows

The bitcoin dominance rate (BTCD) has been decreasing since July 30 and broke down from an ascending wedge on Aug 11. The post Bitcoin Dominance (BTCD) Breaks Down, Approaches Range Lows appeared first on BeInCrypto.

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Alts Rejoice as BTCD Breaks Down

The Bitcoin dominance rate (BTCD) has been increasing since bouncing at the long-term support area of 39.50% in the beginning of May. The post Alts Rejoice as BTCD Breaks Down appeared first on BeInCrypto.

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BTCD Rejection and Drop Could Lead to Altcoin Rally

The Bitcoin dominance rate (BTCD) is in the process of breaking down from an ascending support line that has been in place since the May 19 low. The post BTCD Rejection and Drop Could Lead to Altcoin Rally appeared first on BeInCrypto.

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BTCD Breaks Out but Could be Nearing Top

The Bitcoin dominance rate (BTCD) has broken out from a descending resistance line.

The post BTCD Breaks Out but Could be Nearing Top appeared first on BeInCrypto.

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BTCD Gets Rejected at 48% – Will Alts Rally?

The Bitcoin dominance rate (BTCD) has been moving upwards since May 19, when it bounced at the long-term 39.50% support area. The post BTCD Gets Rejected at 48% – Will Alts Rally? appeared first on BeInCrypto.

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Bitcoin Dominance Continues Ascent Towards 50%

The Bitcoin dominance rate (BTCD) has been increasing since May 19 and is approaching a crucial resistance line. The post Bitcoin Dominance Continues Ascent Towards 50% appeared first on BeInCrypto.

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BTCD Resumes Downtrend, After Strong Bounce

The Bitcoin Dominance Rate (BTCD) has been decreasing alongside a descending resistance line since Jan. 3, 2021. It bounced on May 19. The post BTCD Resumes Downtrend, After Strong Bounce appeared first on BeInCrypto.

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Bitcoin Dominance Rate Bounces After Prolonged Correction

BTCD has reached a low of 39.63%, the lowest price since May 2018. However, it has begun a bounce that could take it towards 50%. The post Bitcoin Dominance Rate Bounces After Prolonged Correction appeared first on BeInCrypto.

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Bitcoin Dominance (BTCD) Approaches May 2018 Support

The bitcoin dominance rate (BTCD) has been decreasing throughout the entirety of 2021 and is approaching a long-term support level at 39.5%. The post Bitcoin Dominance (BTCD) Approaches May 2018 Support appeared first on BeInCrypto.

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Bitcoin Dominance (BTCD) Drops to Lowest Levels Since 2018

The bitcoin dominance rate (BTCD) has fallen below numerous long-term support levels, reaching its lowest value since 2018. The post Bitcoin Dominance (BTCD) Drops to Lowest Levels Since 2018 appeared first on BeInCrypto.

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Altcoin Season Rages as Bitcoin Dominance (BTCD) Slides

The bitcoin dominance rate (BTCD) has fallen below two long-term support levels, resuming its descent that started in the beginning of the year. The post Altcoin Season Rages as Bitcoin Dominance (BTCD) Slides appeared first on BeInCrypto.

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Altcoin Season Analysis: BTCD Drops Below 50%, ETH/BTC Hits 0.05

The current altcoin season appears to be gaining momentum. Bitcoin Dominance (BTC) has just dropped below 50% and ETH has hit 0.05 BTC — the pair's highest price in over 2.5 years. The post Altcoin Season Analysis: BTCD Drops Below 50%, ETH/BTC Hits 0.05 appeared first on BeInCrypto.

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Bitcoin Dominance (BTCD) Continues to Slip, Altcoins Flourish

In the long-term, the BTCD is expected to continue moving downwards until it reaches the 50% support level. Long-term BTCD trend The BTCD has been moving downwards since it reached a high of 71. 30% in December 2020.

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What the Bitcoin Dominance Rate Means for Altcoins

Both the altcoin market cap and ETH/BTC are expected to move upwards. Bitcoin Dominance Movement The BTCD has been moving downwards since reaching a local high of 73. 63% in December 2020. The movement up to that point was a failed breakout attempt above the 71% resistance area.

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Bitcoin Dominance (BTCD) Climbs Toward Resistance

While the possibility of a continued escalation remains, the BTCD is expected to resume its downward movement after and decrease toward the 51%-56% range.   Bitcoin Dominance Bounces The BTCD has been trending between 59.

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Bitcoin Dominance Rate Continues Tumbling as Altcoins Flourish

The Bitcoin Dominance Rate is expected to find support near 60% and initiate an upward move.   Bitcoin Dominance Long-Term Levels BTCD has continued a descent that began with a rejection from the long-term 71.

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Bitcoin Dominance Rate Attempts to Bounce Off Support

Due to the decreasing Bitcoin dominance, the Altcoin Perpetual Index (ALTPERP) is expected to break out above the current $1,700 resistance area.   Bitcoin Dominance Long-Term Rejection BTCD has been moving downwards since being rejected by the 71.

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Bitcoin Dominance (BTCD) Continues Slipping Back to Support Levels

  While a short-term bounce could occur, BTCD is expected to eventually reach this area. Bitcoin Dominance Continues Slipping BTCD has been falling since Jan. 3, when it was trading at a high of 73.

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Bitcoin Dominance (BTCD) Rejected by Resistance, Altcoins Get Relief Rally

The Bitcoin Dominance is expected to decrease toward the 66% support area at least in the short term.   Bitcoin Dominance Long-Term Rejection During the week of Dec. 27 – Jan. 4, the BTCD seemingly increased above the 71.

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Bitcoin Dominance (BTCD) Struggles with Crucial Resistance — Trend Remains Unclear

Whether or not the Bitcoin Dominance Rate is able to break out above this resistance will be a major factor in determining the future trend.   Bitcoin Dominance Attempts to Clear Resistance The BTCD was rejected on Nov.

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The Bitcoin Dominance Rate Continues Its Ascent

The Bitcoin Dominance Rate (BTCD) has been increasing significantly over the past three months and is very close to reaching an important resistance area. Nevertheless, the rate has begun to show some weakness, indicating that a short-term decline could occur before BTCD resumes its upward trend.

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Bitcoin Dominance (BTCD) Bounces Back After Failing to Overcome Resistance

On Nov 5, the Bitcoin Dominance Rate (BTCD) was rejected by a descending resistance line that has been in place for more than a year. The rate is expected to decrease in the short-term before eventually making another attempt at breaking out.

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BTCD Could Get Rejected at Long-Term Resistance

The Bitcoin Dominance Rate (BTCD) has reached an important resistance level that will likely cause a rejection. Despite the rally that is ongoing since September, it’s not yet clear if the long-term trend is bullish.

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BTCD Breaks Out But Has Yet to Clear Long-Term Resistance

The Bitcoin Dominance Rate (BTCD) has broken out from a bullish reversal pattern and reclaimed an important horizontal level. While BTCD is likely to increase towards the long-term descending resistance line outlined below, a breakout is required for the long-term trend to remain bullish.

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BTCD Struggles With Resistance, Trend Remains Unclear

The Bitcoin Dominance Rate (BTCD) is struggling to move above an important horizontal level, the reaction to which is crucial in determining the future trend. Breakout From Resistance The Bitcoin dominance rate has been declining alongside a descending resistance since reaching a high of 64.

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BTCD Approaches Long-Term Resistance Level

The Bitcoin Dominance Rate (BTCD) has been increasing since Sept. 2 and has shown several bullish reversal signs. However, it’s still trading below a major long-term resistance level. Long-Term Levels The BTCD has moved downwards since it reached a high of 73.

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BTCD Struggles To Reclaim Previous Support Level

The Bitcoin Dominance Rate (BTCD) has reached a crucial resistance area, and a breakout above/below it will likely determine the direction of the future trend. Long-Term Levels The BTCD has been declining since September 2019, when it reached a high of 73.

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Bitcoin Dominance Rate Picks Up Steam but Fails to Break Out

Even though the Bitcoin Dominance Rate (BTCD) has been increasing over the past week, it has yet to move above a crucial resistance level, below which the trend is still considered bearish. In September 2019, the BTCD reached a high of 73.

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The Bitcoin Dominance Rate Gets Rejected at Long-Term Resistance

The Bitcoin dominance rate (BTCD) has broken down from a long-term support area and is in the process of validating it as resistance. Unless it successfully reclaims this level, the trend is bearish.

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What Does Bitcoin’s Dominance Rate (BTCD) Breakdown Mean for Altcoins?

The Bitcoin Dominance Rate (BTCD) has broken down below a support level that has been in place since June 2019. Unless it is successful in reclaiming it, the BTCD is expected to continue moving downwards.

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Bitcoin Dominance Rate (BTCD) Looks Primed to Bounce Back

The Bitcoin Dominance Rate (BTCD) has fallen below an important support level and validated it as resistance after. Other technical indicators suggest a reversal is near, which would likely be confirmed if it is able to reclaim the support.

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Bitcoin Dominance Rate Struggles to Stay Above 60%

The Bitcoin Dominance Rate (BTCD) has been on a correction course since May. It’s now beginning to show bullish reversal signs, and could soon initiate an upward move. Bitcoin Dominance Divergence At the beginning of August, the Bitcoin dominance rate fell below the long-term 62.

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Bitcoin Dominance Rate Breaks Down From Long-Term Support

The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%.

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The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area

The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8, when it reached a high of 68.

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Did The Bitcoin Dominance Rate (BTCD) Begin a New Bullish Trend?

On July 26, the Bitcoin dominance rate (BTCD) reached a long-term support area at 62. 50% and initiated a rapid bounce that is still ongoing. However, we cannot yet state with certainty that the trend is bullish.

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The Bitcoin Dominance Rate Approaches Crucial Support – Does A Reversal Await?

The Bitcoin dominance rate (BTCD) is trading inside a bullish pattern, close to a significant support area. While an upward move should follow, the long-term trend remains bearish unless BTCD manages to break out above 65%.

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The Bitcoin Dominance Rate (BTCD) Approaches Crucial Support

The Bitcoin dominance rate (BTCD) is approaching a crucial support area, a breakdown below which could trigger a rapid downward move. The rate should initiate a short-term bounce before resuming its downward momentum.

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The Bitcoin Dominance Rate Could Rally Before Dropping

The Bitcoin Dominance Rate (BTCD) has been decreasing at an accelerated rate since the beginning of July. The decrease should continue until the rate reaches the closest support area at 62.5%. Current Support At the beginning of July, the BTCD broke down from a rising support line that had previously been in place since February […] The post The Bitcoin Dominance Rate Could Rally Before Dropping appeared first on BeInCrypto.

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