Bitcoin Dominance Index - Altcoin Season (weekly time)
Bitcoin Dominance Index - Altcoin Season (weekly time)
according to the chart:
1- From the bottom of 39.57%, a strong five-wave pattern was formed up to 55.44%, and with the completion of the 5th wave, this movement is over.
2- $52,000 bitcoin is not compatible with the current price of altcoins, and altcoins owe a move to the market, which has been braked by Dominance up to now.
2- The prediction correction pattern for this abc movement is according to the chart, which can be started with the completion of wave B and the start of the reversionary correction wave C.
3- wave c; It can continue at least until the specified target of 48.89%
4- Depending on the chart structure of each altcoin, we can predict a powerful wave and a new ceiling for altcoins.
according to the chart:
1- From the bottom of 39.57%, a strong five-wave pattern was formed up to 55.44%, and with the completion of the 5th wave, this movement is over.
2- $52,000 bitcoin is not compatible with the current price of altcoins, and altcoins owe a move to the market, which has been braked by Dominance up to now.
2- The prediction correction pattern for this abc movement is according to the chart, which can be started with the completion of wave B and the start of the reversionary correction wave C.
3- wave c; It can continue at least until the specified target of 48.89%
4- Depending on the chart structure of each altcoin, we can predict a powerful wave and a new ceiling for altcoins.
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