Looking at the chart, we see BTC dominance droping while many ALTs are doing a bounce from what looks like they have reached the bottom. Other coins that have been recently released will follow a different path.
Thoughts: > BTC dom. to continue dropping until BTC stops moving slowly and indecisively > Drop target mid 68% > I would think another 2 to 3 weeks of BTC sideways ranging movement will be sufficient before it makes its break upwards.