Market Cap BTC Dominance, %
שורט

$BTC.D (4-hour): looking ripe for a deeper correction, WAVE A?

150
BTC dominance on the 4-HOUR chart. Looks like the momentum is finally finished. WAVE 5 could be complete and that's exactly what the altcoins desperately need.

Dominance hit 59.55% whereas my projected top was at 59.57%. That's decent enough.

Resistance ZONE (highlighted in red) seems too much and we are ready to resume uptrends in many altcoins.

If I'm right, then we are currently seeing WAVE A correction down to roughly 58.99 or even below, then there should be a DEAD CAT bounce followed be a deeper corrective move.

We will see if this happens, fingers crossed. Time for the blood that some of us have been buying this week to turn into profits💙👽

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