CRYPTOCAP:OTHERS.D Market Cap Others Dominance, %
Looks like we're nearing the projected target for wave 2 of a bullish wave dating back to feb 2017. Should this come into fruition, we can see a potential alt coin reversal on the cards and therefore should allocate capital into alt coins for mid-longterm gains. In the short term, on bitcoin we see a potential wave B rally and then a wave C correction as wave A has recently completed, bottoming at 25.9k It is possible that when wave C for bitcoin completes, that altcoins start to gain dominance and increase in pricing as a lot of people have been shaken out their holdings and only true believers remain, which is usually the best time to buy.
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