IMPORTANT UPDATE on BTC.D
There are times you need to update your hypothesis and think about different scenarios , this is one of them.
As previously mentioned, I was expecting BTC dominance to move in a downward megaphone, but it seems and feels like another potential scenario could be that BTC Dominance is targeting
76-77 rang at the top of an ascending wedge.
This will also allow BTC dominance to close the gap at 74 Level.
This might also point to a higher BTC price before alt season starts.
As previously mentioned, I was expecting BTC dominance to move in a downward megaphone, but it seems and feels like another potential scenario could be that BTC Dominance is targeting
76-77 rang at the top of an ascending wedge.
This will also allow BTC dominance to close the gap at 74 Level.
This might also point to a higher BTC price before alt season starts.
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