Lionheart-EWA

Bitcoin Dominance: Elliott Wave and Harmonics Combo

Long
Lionheart-EWA Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
Bitcoin Dominance ( BTC .D) is giving a fantastic trading setup.
It's preparing a BIG Bullish Swing.

From an Elliott Wave point of view, a bullish Impulse Wave is about to start.
In this case I'm talking about Super-Cycle (C) (turquoise).

Moving on to Harmonic Patterns , there are two:

The smaller one is the Bullish Shark , which is preparing its completion.
The second one, and the bigger view, is the Cypher Pattern , which will commence one the Shark is done.

So, bottom line: BTC .D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.

Bitcoin Dominance ( BTC .D ) Technical Analysis:

* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone

Conclusion: Bitcoin ( BTCUSD ) is and always will be the one and only driver of the Crypto Markets.
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