Bitcoin Dominance - Accumulating Larger Altcoin Positions
Appears we may be entering a 5th wave on BTC.D
This only plays out if the region labeled Fakeout Wave wave indeed a Fakeout and not Wave 1.
I would wait for a breakdown of the ascending wedge before placing more money into altcoins. Until that happens, altcoins may keep losing dominance until completion of the 5th Elliot Wave:
This only plays out if the region labeled Fakeout Wave wave indeed a Fakeout and not Wave 1.
I would wait for a breakdown of the ascending wedge before placing more money into altcoins. Until that happens, altcoins may keep losing dominance until completion of the 5th Elliot Wave: