₵ryptospace ₮oday’s Post

Simply as it is. When BTC dominance goes down, alts start pumping. Bitcoin dominance is something I like to keep an eye on. When BTC dominance starts to drop, it usually means cash is moving into altcoins. That’s typically when you see altcoins starting to pump. Just so you know, BTC dominance is all about how much of the total crypto market cap is tied up in Bitcoin. When that number goes down, it’s a hint that investors are selling their BTC for other liquid coins, often to take advantage of altcoin price movements or to eventually convert into stablecoins like USDT.

🔍 **Bitcoin Sharpe Ratio Alert!** 🚨 CryptoQuant’s KriptoMevsimi notes that the Bitcoin Sharpe ratio has dipped to levels seen last September-October, a period that historically signaled a market rebound. 🐂 Bulls are hopeful for a strong recovery, while bears suggest waiting for clearer trends before diving in. #Bitcoin #CryptoAnalysis #SharpeRatio #MarketTrends

📉 **BTC Price Rebound Analysis** 📈 **Brian (brianq)** from **Santiment** notes mixed signals regarding the recent BTC price rebound: 🔹 **Positive Signs:** Increased trader references to a bear market suggest a potential rebound. The drop in enthusiasm for buying at low prices despite BTC's August decline is also seen as a positive sign. 🔸 **Neutral Indicators:** Rising mentions of a bull market, lack of clear fear or greed signals, and decreased interest in meme coins point to neutrality. 📊 Overall, the analysis suggests the market might be closer to the bottom than the top. 🧐 #Bitcoin #CryptoAnalysis #MarketTrends

💭 By the way, have you noticed? During this Bitcoin pullback, altcoins are not crashing out of fear, they're holding up quite well. That’s definitely good news for those with bags full of altcoins in their portfolios 😅 Let’s do a quick poll: What dominates your portfolio? 🔥- BTC ❤️- More altcoin l Chat 📈Bybit 📈

📊 BTC/USD Analysis Using Elliott Wave Theory This chart shows how Bitcoin (BTC) moves between Support and Resistance lines. The Support levels show where BTC price bounced back up. The Resistance line shows the area BTC couldn't cross and fell back down. 👉 Right now, BTC is near a Support level. A bounce here could mean a price increase! But if it breaks below, a downtrend might follow. #Bitcoin #BTCUSD #CryptoAnalysis #ElliottWaveTheory #TradingTips #elliottwave #trendline #chartkingz

📊 BTC/USD Analysis Using Elliott Wave Theory This chart shows how Bitcoin (BTC) moves between Support and Resistance lines. The Support levels show where BTC price bounced back up. The Resistance line shows the area BTC couldn't cross and fell back down. 👉 Right now, BTC is near a Support level. A bounce here could mean a price increase! But if it breaks below, a downtrend might follow. #Bitcoin #BTCUSD #CryptoAnalysis #ElliottWaveTheory #TradingTips #elliottwave #trendline #chartkingz

Market Update: All eyes are on a probable Bitcoin relief rally this week that could hinge on increased US dollar liquidity. For BTC to attain this, it needs to reclaim key support at $55,700 and then move to a $57,000 range. Crypto’s total market cap is now now below $2 trillion and this is likely to stay volatile till the US Fed’s interest rate decision on September 18. Bitcoin may find a low at $49,000 in the event of selling pressure. There is some relief on the altcoin front as key altcoins - Toncoin, Cardano, and Avalanche rallied well today with a 4-6% gain. #Bitcoin

In April, Non-Custodial BTC Staking launched on Core. Since then, Core TVL has grown 40x+ The craziest part: NONE of that TVL is BTC staked DeFiLlama doesn’t count BTC staked So tack on another $300M+ in staked Bitcoin and you’ve got the total value at over $730M Core DAO