- 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 !
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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 !
- 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 !
Yorum:
İşlem aktif:
Still on road.
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Yorum:
57% Reached. Don't check your Altcoins prices, check BTC.D better.
- Read it and understand it.