There is exactly a year now since Btc.D is trading in a downtrend. However, after reaching 40% back in May we have in fact a clear range between 40% and 50%. In mid-September, again, we touch 40% and we got back to 50% pretty quickly. The last drop takes a lot of time and is printing a falling wedge on our chart. At this moment we are hovering around 40% for almost 2 months and Btc.D looks ready to turn. Getting back above 40 and 41 furthermore would confirm strong support and also a double bottom (more clear on smaller TFs). If this is the case, ALTs can fall hard
altcoins always lead on pace whether it is up or down, and is clear now that down is where they are going searching for new local low and former resistance levels, total crypto at 1.7T in midterm is my belief