CRYPTOCAP:OTHERS   Crypto Total Market Cap Excluding Top 10, $
This is the correlation between the BTC.D (inverted) with the altcoin market cap chart. It's hard to deny that both only had the 1st wave of their supercycle and are gearing up for the 3rd wave (the tsunami).

My theory is that the altcoin market cap and the BTC.D charts are one impulse wave below the BTC price wave count. So, BTC is having the 1st wave of its supercycle and the BTC.D (inverted) and the Altcoing Market cap are finishing the 2nd correction wave and entering their 3rd wave.

BTC pumping in the 3rd wave of the 5th supercycle wave = Altcoins pumping in the 3rd wave of their supercycle = BTC.D falling (3rd wave)
BTC correcting in the 4th wave of the 5th supercycle wave = Altcoing correcting in the 4th wave of their supercycle = BTC.D rising (4th wave)
BTC pumping in the 5th wave of the 5th supercycle wave = Altcoing pumping in the 5th wave of their supercycle = BTC.D falling (5th wave)
BTC starts correcting from the Bullcycle top = Altcoins still pumping in the 5th wave = BTC.D rising (correcting if looking the inverted)


We are having an altseason soon, and that will surprise a lot of people, I mean a lot!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.