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OVDCrypto

Bitcoin Dominance (Potentially going to 40 or lower) Rising W 4h

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
OVDCrypto Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Chart Patterns Beyond Technical Analysis Fundamental Analysis Bitcoin (Cryptocurrency) altcoins altseason Rising Wedge
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chartpattern beyondta fundamental bitcoin altcoins altseason risingwedge
This is the Bitcoin Dominance chart, according to this chart pattern "IF" Bitcoin breaks the lower trendline of the rising wedge the target of the breakdown is aprox 40 or lower. So a small alt season!
Comment:
The rising wedge broke out instead of down. Which slaughtered altcoins well btc found 55k, but what to look for now? I would say wait for a potential retest of the orange line or even a breakdown which is extremely bullish for altcoins *Indicates bitcoin sideways action (If its going to go higher it means altcoins will go sideways)
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