The 5th wave of the 5th wave can start any moment now, or this whole idea is invalidated. Bitcoin dominance at the lower trend line now. I suspect it can bounce any moment now, which means the mini alt season is over
Here is my analysis of the bitcoin dominance; bitcoin dominance is going up in 5 wave impulsive elliot waves. We are now in wave 5. Wave 3 was the perfect 1.618 extension of wave 1. Wave 5 is projected to be the 1.618 extension of wave 3. It also aligns perfectly with the 1.618 extension of waves 0-3 and the horizontal resistence at 86. -> no alt season until mid...
BTCUSD symmetrical triangle playing out. expecting a rejection at 12k and a last bounce at 11.6k before moving up