PrimeBit Ventures

PrimeBit Ventures 📈 Learn Crypto Trading with PrimeBit Ventures!
🚀 Get daily market updates, live trading sessions & expert analysis.

Join our community
📌 Watch recorded sessions in the ‘Featured’ section.
💬 Connect: https://www.facebook.com/share/g/1GSEGLYnyx/

The Altcoin market is reacting as if Bitcoin has broken down from its RangeBut it hasn'tIn fact, it's retesting the Lowe...
23/07/2025

The Altcoin market is reacting as if Bitcoin has broken down from its Range

But it hasn't

In fact, it's retesting the Lower High and Range Low as support

The retest is in progress.

Ethereum Dominance has increased to over 11% for the first time in 5 yearsIn fact, last time ETHDOM rallied beyond 11% w...
18/07/2025

Ethereum Dominance has increased to over 11% for the first time in 5 years

In fact, last time ETHDOM rallied beyond 11% was exactly 5 years ago in July 2020

ETHDOM is now challenging to transition into the green circled phase.

Altcoin Market Cap has grown by almost +26% after reclaiming $250bnAltcoin Market Cap tends to overextend beyond but ult...
18/07/2025

Altcoin Market Cap has grown by almost +26% after reclaiming $250bn

Altcoin Market Cap tends to overextend beyond but ultimately reject from $315bn (red)

But for it to sustainably breakout to new highs, it will need to not just Weekly Close above $315bn but also turn it convincingly into new support (green circle).

Bitcoin remains in the Range and the consolidation continues, facilitating further money flow into AltcoinsDaily Close a...
18/07/2025

Bitcoin remains in the Range and the consolidation continues, facilitating further money flow into Altcoins

Daily Close above ~$120k Range High resistance followed by a post-breakout retest would see Bitcoin confirm a breakout to new highs.

BTC Dominance Bitcoin Dominance has rejected from the Weekly Lower High resistance (black) and has dropped -5.5% to the ...
17/07/2025

BTC Dominance

Bitcoin Dominance has rejected from the Weekly Lower High resistance (black) and has dropped -5.5% to the downside ever since

This has favoured Altcoin valuations as of late

A rejection from any long-standing resistance like this is normal however it will be important to see how strong this resistance really is

Will this rejection lead to a shallow pullback in BTCDOM, for example?

For Altcoins to enjoy a prolonged Altseason, BTCDOM needs to:

• Lose 64% as support on the Monthly

• Turn 64% into new resistance to confirm downside continuation

• Confirm a complete breakdown below the multi-year macro technical uptrend (light blue), rather than downside deviate below it like in late 2024 (black circle)

At the moment, there isn't any macro confirmation of an Altseason aside from the rejection from the Lower High

We've seen rejections like this occur throughout the cycle where they finish as Monthly downside wicks

After all, what if BTCDOM ends this month as a downside wick, like it did in May (green circle) and in late 2024 (black circle)?

The main perspective is Bitcoin Dominance getting as close to 71% as humanly possible

And BTCDOM rejected from 66% which is pretty close enough

But if BTCDOM fails to lose 64% as support and fails to confirm a breakdown from the macro technical uptrend line (light blue)...

Then the BTCDOM may not be in just yet and this may just be an Altcoin Window

We know a BTCDOM top is coming

And I'm bullish on Altcoins as we near the end of the cycle

But this entire discourse is a matter of properly timing heavy Altcoin allocation more than anything else

After all, the risk:reward is better for Altcoins than it is for Bitcoin at this late stage in the cycle.

It's officialEthereum has rallied over +100% since late April.
17/07/2025

It's official

Ethereum has rallied over +100% since late April.

Bitcoin has broken out into Price Discovery Uptrend 2And Altcoins have started rallying exponentially as wellAltcoins wi...
17/07/2025

Bitcoin has broken out into Price Discovery Uptrend 2

And Altcoins have started rallying exponentially as well

Altcoins will likely continue to run as Bitcoin makes new highs in Price Discovery Uptrend 2.

Bitcoin is finally positioning itself for a Daily Close above the black diagonal resistanceDaily Close above the diagona...
02/07/2025

Bitcoin is finally positioning itself for a Daily Close above the black diagonal resistance

Daily Close above the diagonal followed by a successful retest would confirm the breakout from the pattern.

Bitcoin is trying to press above the final major Weekly resistance (red)Breaking this resistance would likely unlock new...
02/07/2025

Bitcoin is trying to press above the final major Weekly resistance (red)

Breaking this resistance would likely unlock new All Time Highs.

Bitcoin failed to hold the top green area & dipped into the bottom one for a good reboundBTC has found itself back to wh...
02/07/2025

Bitcoin failed to hold the top green area & dipped into the bottom one for a good rebound

BTC has found itself back to where it was just 2 days ago

Once again, $BTC will need to show stability here & that starts with a Daily Close above green & retest.

The post-breakout retest of the Monthly Range High as new support has been successful, despite the volatile retest. ...
29/06/2025

The post-breakout retest of the Monthly Range High as new support has been successful, despite the volatile retest.

Can Bitcoin Weekly Close above the final major Weekly resistance?Bitcoin has never performed such a Weekly CloseTherefor...
29/06/2025

Can Bitcoin Weekly Close above the final major Weekly resistance?

Bitcoin has never performed such a Weekly Close

Therefore in doing so, that would not only be historic, but it would enable Bitcoin to enjoy a new uptrend into new All Time Highs.

Address

Islamabad

Telephone

+923077787352

Website

Alerts

Be the first to know and let us send you an email when PrimeBit Ventures posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to PrimeBit Ventures:

Shortcuts

Share