lucrisvicxa

alt season is possebly a little late

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
when everyone is speaking the alts are dead, my homble opinion is that they are just finishing their bear market cicle against BTC, in the log chart and using the fibo we can expect that in the next 2/3 months BTC dominance can reached arround 70%, the 50 week MA, after that we may see the alt season starting when BTC will correct till 50%. Its makes sence, the ethbtc chart is designing a BIG falling wedge in the month chart and a descending triangle in the day one, so eth is going to fall against BTC, probably around a max of 0.015
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