BTC.D Adam and Eve - Is it time for BTC to dominate the market?

BTC.D

On higher time frames (monthly in my example) we can see a massive Adam and Eve pattern forming for Bitcoin dominance. We have multiple scenarios pointing to an increase in BTC.D the most important of which is that BTC has broken ATH (March 14) but hasn't entered price discovery yet. Once this happens, we know historically that BTC will absorb a large portion of the crypto market, driving dominance up.

However, because of the maturity of BTC, with increasing institutional buying (ETFs etc.), and things like the massive bullish divergence we see on the MACD, we can assume that this upcoming phase in the market cycle might be the most intense it has ever been, sending BTC.D to the moon and confirming our Adam and Eve thesis.

Only time will tell, but I think we're about to enter the Garden of Eden.