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The crypto market is on fire and the king Bitcoin is one of the strongest cryptocurrencies in the Crypto market. It can stay for some time, but not for too long, as ALTcoins may follow soon.

If we take a look on BTC.D/OTHERS.D ratio chart, which is Bitcoin.dominance against ALTcoins.dominance ratio chart, we can see it moving higher for wave 5 of a leading diagonal pattern that can limit the upside at the upper red line. At the same time, we can see ETHBTC pair trading lower in wave C of an A-B-C correction within uptrend, which can find the support around 0.060 area.

So, if we are on the right path, then BTC might dominate until we see fully completed wave 5 on the ratio chart and wave C on ETHBTC chart. Later then, we can expect ALTcoins to start dominating over Bitcoin and in current bullish market, ALTcoins could easily see much more gains, while Bitcoin may stay up, but in slower pace.

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