Bitcoin: Is Bitcoin Dominance Going to Top Soon?

BTC: Bitcoin Dominance is still unchanged and on a high level. The sideways consolidation technically leaves the door open for further upside, but a break below the ascending trend line could be an early indication for a top to be in place.
Please note: Because BTC Dominance is not a tradeable asset, the use of Elliott Wave to identify patterns does not lead to reliable results. However, we can still use the method to identify tendencies.