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BTC.D Bitcoin Dominance - Elliott Wave + Parallel channel

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- BTC.D chart broke out of the main broadening wedge pattern.
- The price is currently below 0.618 fib, which is extremely bearish for bitcoin dominance chart!
- 0.618 fib switched from a support to a strong resistance.
- For more information, please check my signature below. ↓
- I am expecting one more wave to the downside (5 blue) and here we will likely create a double bottom reversal pattern.
- We do not know the retracement of the 4th wave.
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Note
This his what we can expect from upcoming months: UPDATE

BTC.D Bitcoin Dominance - ALT SEASON! +Weekly Head and Shoulders

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