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HouseTarly

Bitcoin Dominance - Accumulating Larger Altcoin Positions

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
HouseTarly  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Wave Analysis
6
4
trendanalysis waveanalysis
Appears we may be entering a 5th wave on BTC.D

This only plays out if the region labeled Fakeout Wave wave indeed a Fakeout and not Wave 1.

I would wait for a breakdown of the ascending wedge before placing more money into altcoins. Until that happens, altcoins may keep losing dominance until completion of the 5th Elliot Wave:
snapshot

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