ray_zen

BTC Dominance Idea

ray_zen Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Notice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts rally as BTC dominance could be falling like in previous cycle.
Comment:
It should be 0.618 fib retracement line at BTC.d 51. (Correction)

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