Bitcoin Dominance Is Still Here
Despite the fact that Bitcoin is breaking all-time highs and that some ALTcoins are already on the rise, Bitcoin dominance is actually still here and there can be space for more upside to complete a five-wave bullish impulse before Bitcoin dominance slows down and ALTcoin dominance kicks in. From Elliott wave perspective, we are tracking a bullish triangle in wave 4 that can push Bitcoin dominance towards 57% – 60% for wave 5.
(Click on image to enlarge)
For a detailed view and more analysis like this, you may want to watch below our recording of a latest live webinar streamed on March 11 2024:
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