Incoming Altseason

٢ يناير ٢٠٢١

BTC.D

We bottom in the Bitcoin Dominance Chart in January 2018, from there in Elliott Wave Terms we had a 5-wave move to the upside to 73.02% on September 2019. And from there we started a 3-wave movement to the downside. From which we already had Wave A, which looks to be a 5-wave movement Leading Diagonal Pattern, and are currently tracing Wave B to the upside, which looks to be a Zigzag Pattern that looks to be about to be finished. For this pattern to remain valid, we would need to stay below 73.02% on the Bitcoin Dominance Chart.

Once Wave B finishes, Wave C should start, which should be a 5-wave movement to the downside, fast and furious, as seen in the chart, which should lead to the first Altseason in the last 3 years.

I hope you find this interesting and good luck to you.