Bitcoin Dominance Update. Previous idea invalidated by a strong move higher for BTC and BTC Dom. We may assume the PA will continue in this broadening wedge until something changes. Alt seasons will be great on these pullbacks, including the possibility of the broadening wedge breaking lower at some point.
Altseason2021
Overview: Possible Altseason on 202!!!The Bitcoin dominance is still bearish and there're not signal that Bitcoin is still strenghten. So, the dominance is still bearish from September 2019 and that put that many altcoins could to make a up!!!
So, I proyect first that Bitcoin Dominance is leading to the 63%, but as we're into this bearish channel. We could see a possible drop of 12% in the Bitcoin dominance. So, that could be a maximum alert on weekly when the dominance is reach the 63% if we see another altseason to pick up benefit. But, for there, I will interesting to checkout the Ethereum Dominance, Litecoin Dominance and other cryptocurrency dominance to know this data informatic.