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Paraman666

BTC Dominance - altseason coming

Short
BTCDOM / TetherUS PERPETUAL CONTRACT (BINANCE:BTCDOMUSDT.P)  
Paraman666  
BINANCE:BTCDOMUSDT.P   BTCDOM / TetherUS PERPETUAL CONTRACT
Trend Analysis Wave Analysis Elliott Wave
3
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trendanalysis waveanalysis elliottwaves
BTC Dominance set top at June 2022 and after sharp 40% decline, the btc dominance is moving up, in bearish channel, aka bear flag. After this bear flag breaks down, I am expecting another big decline in btc dominance - that means, that altcoins would heavily outperform bitcoin in that period, so it seems like a good idea to be buying alts instead of btc right now.
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