Bitcoin Dominance BTC.d three scenarios
I am posting three possible scenarios for the Bitcoin Dominance ( BTC.d ) wave structure forming this entire bull run.
Scenario 1 shown above is the most bullish (12345 impulsive wave down)
Scenario 2 shown below is bullish (wave B corrective structure)
Scenario 3 shown below is the least bullish (ABC Flat corrective wave) - invalidates below 35%.
Video: I made a video on these three scenarios. Posted below.
I think BTC.d is going to top in the 0.5 to 0.618 fibonacci of the previous wave. I show this in my charts.
All three scenarios will have an altcoin pump, so don't worry. I'm thinking it starts within a week. As for which structure is the correct one, well the market has to start ruling them out one by one. I definitely hope BTC.d will plummet below 35% to invalidate scenario 3, as it is the least bullish.
For BTC people, keep in mind, BTC topped 4 weeks before many altcoins finished their bull run in 2017.
I made a video explaining my three BTC.d (Bitcoin Dominance) scenarios. Highly recommend watching it.
Scenario 2:
Scenario 3:
Video I made on the three possible scenarios
Scenario 1 shown above is the most bullish (12345 impulsive wave down)
Scenario 2 shown below is bullish (wave B corrective structure)
Scenario 3 shown below is the least bullish (ABC Flat corrective wave) - invalidates below 35%.
Video: I made a video on these three scenarios. Posted below.
I think BTC.d is going to top in the 0.5 to 0.618 fibonacci of the previous wave. I show this in my charts.
All three scenarios will have an altcoin pump, so don't worry. I'm thinking it starts within a week. As for which structure is the correct one, well the market has to start ruling them out one by one. I definitely hope BTC.d will plummet below 35% to invalidate scenario 3, as it is the least bullish.
For BTC people, keep in mind, BTC topped 4 weeks before many altcoins finished their bull run in 2017.
I made a video explaining my three BTC.d (Bitcoin Dominance) scenarios. Highly recommend watching it.
Scenario 2:
Scenario 3:
Video I made on the three possible scenarios
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