We had a great time with BTC in 4 recent months, a strong bullish trend which needs some rest here and joining of new investors. In this analysis we want to analyze waves of this move until here and predict where we can go in midterm.
Reason this move took place: Decline of Dollar value and joining institutional investors
Birthplace (Start of Wave 1): 10770$
As you see in the chart we have completed our 5 wave impulsive phase and the bearish divergence confirms it. So we are heading to a corrective phase which will decrease BTC dominance to 50. I have also point out that you should buy Alt coins mainly Ethereum after BTC crash to 28000$.