batcatの‌価格BTC

$SUI BREAKOUT TIME BACK TO $4+ 🎯 $BTC $ETH $SOL $DOGE $XRP $JELLYJELLY $IP $PI $BAN $OM $NC $GLM $MEMEFI $CVC $XCN $BGB

As per Titan Of Crypto’s data , Bitcoin dominance is weakening, making way for an altcoin season. The altcoins are gaining strength as suggested by bearish divergence on the Bitcoin Dominance (BTC.D). Even though BTC.D reached a high of 62%, it fell sharply and plunged to around 54%. This means Bitcoin’s market share is weakening, which could lead to altcoins reversing. As Bitcoin’s dominance increased, the Relative Strength Index (RSI) was unable to reach new heights. This bearish divergence supports the change in market sentiment by pointing to a waning trend. Additionally, the BTC.D chart’s successive red candles attest to heightened selling pressure. Additionally, long upper wicks near recent highs signal rejection at higher levels. This rejection suggests sellers are gaining control. The RSI’s break below key levels further supports a bearish outlook for Bitcoin dominance. Hence, capital may flow into altcoins as investors seek opportunities beyond Bitcoin. As Bitcoin dominance weakens, altcoins could experience increased demand. Historically, a drop in BTC.D coincides with stronger altcoin performance. Lower Bitcoin dominance means more market participants are allocating funds to alternative cryptocurrencies. Furthermore, a bearish market configuration on the BTC.D indicates further downside potential. In this case, where selling pressure persists, the downtrend in Bitcoin dominance could theoretically continue Its decline. It may seem likely that in this situation, altcoin traction would increase alongside heightened market interaction. The current downward RSI movement aligns with declining Bitcoin dominance. If Bitcoin dominance remains bearish, altcoins could gain further traction. The percentage scale on the BTC.D highlights Bitcoin dominance falling from 62% to 54%. If the downward trend continues, dominance could drop further. This scenario would provide altcoins with more market share and liquidity. Moreover, technical indicators support a prolonged bearish trend for BTC.D. The presence of multiple red candles reinforces the ongoing selling pressure. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), hinted that his company is preparing to resume its massive purchases of bitcoin after a short one-week pause. This announcement comes as Strategy continues its 21/21 plan, aiming to accumulate even more BTC. In a recent post, Saylor shared a bitcoin chart, suggesting an imminent acquisition. This revelation coincides with the recent issuance of $2 billion in convertible bonds, aimed at financing these new purchases. Michael Saylor has already mentioned the intention to enhance the use of financial leverage in the first quarter of 2025 to finance even more purchases. The objective? To maximize shareholder value and further increase his bitcoin holdings. This strategy, although risky, has proven rewarding so far, particularly due to the rise in BTC prices. However, Michael Saylor recently warned against a potential takeover of bitcoin by China. According to him, Chinese dominance in crypto mining could threaten the decentralization of the network . He calls for increased vigilance to preserve the independence and security of BTC against this growing influence. If Strategy quickly moves to buying, it could lead to upward pressure on the bitcoin price, which is already close to its all-time highs. The market is therefore carefully watching Michael Saylor’s upcoming announcements. With $2 billion freshly raised, the question is no longer whether Strategy will buy bitcoin, but when and in what quantity. For several years, Strategy has adopted an aggressive policy of bitcoin accumulation, convinced that the digital asset represents a superior store of value. The company is now the largest institutional holder of BTC, and its decisions significantly influence the market. Other companies may also follow suit, further reinforcing the legitimacy of bitcoin as a strategic asset. With this new offensive , Michael Saylor confirms his vision of bitcoin as the ultimate store of value asset. If Strategy continues its purchases, it could strengthen the bullish trend and attract other companies. The market is now waiting for Saylor’s next move, which could further shake up the crypto ecosystem.

$BTC #BTC #Bitcoin 🔶No surprise to see at large bid order at 95180, with Friday's US Close Price being 95030's acting as a natural magnet for price action going into tonight's weekly close...

$BTC.D Just chilling around the highs. Still think this is a key level to be watching in the short term. If $ETH can actually put in a decent move and send this lower, that should be very supportive of some solid altcoin price action after all the recent downside. I would expect for BTC to (shortly) outperform again if it were to see a big volatility spike by breaking away from this ~$90-110K range at some point.