Ascending Wedge on Bitcoin Dominance
The BTC.D chart has a simple ascending wedge where the expected drop will be down to near the previous low at about 40%. It has the possibility of leading to the swift activation of an alt season where large gains in alts would be had.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.