BTC Dominance. Macro Chart, signifying Alts Rally.
There could be a small short term correction in Alts from Mid-September, correction could last for not more that one month.
As per this chart, most likely, BTC could Break Down from the Blue Dashed Curve Support around 10 September 2021 (+/- 3 days). Till then Mid Cap, Small Cap and Shit Cap Coins could perform well.
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...
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...