GAME OVER BTC Dominance
They have been extending the btc dominance and altcoin bearmarket as long as they possibly could. But that is coming to an end soon. September is looking like when the reversal begins, if not by the end of this week August 20th. It may just be slow until the real fomo hits in 2020, not exactly sure how big it can get by the end of this year, there is not much time left.
The divergances seen here on the weekly OBV as long as it holds, and the 200 which is right above at about 75. But 71.5ish is close enough, or 1 more wick up is due which will initiate the start of the next alt season. This should make alts gain more % than btc the next 2 years, with btc dominance dropping from here all the way back down to 20-30.
Of course only the best projects and the right ones will gain the most soonest, but I can see even the shittiest of shitcoins exploding huge again, but maybe not until next year, 2020.
The pain is almost over, hold on just a bit longer altcoiners. :)