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BTC Dominance (TA). BTC to go up soon again.

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Chart Patterns Technical Indicators ALT altcoin altseason BTC dominance Bitcoin (Cryptocurrency) btcforecast
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trendanalysis chartpattern indicator alt altcoin altseason btc dominance bitcoin btcforecast
Observation:


  • BTC dominance has almost hit the 0.5 retracement fib level around the 68% mark.
    The ALT dominance chart has not made much gain in the same move.
    Stockatic RSI indicating over sold region, etc.


  • Thoughts:
    Factoring a random no. of ALTs and how they have reached key resistance levels coupled with BTC dropping to the buying zone\s, I would bet that BTC is about to go up soon and the ALTs to drop further.


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