Despite the fact that Bitcoin is breaking all-time highs and that some ALTcoins are already on the rise, Bitcoin dominance is actually still here and there can be space for more upside to complete a five-wave bullish impulse before Bitcoin dominance slows down and ALTcoin dominance kicks in. From Elliott wave perspective, we are tracking a bullish triangle in wave 4 that can push Bitcoin dominance towards 57% – 60% for wave 5.

Become a premium member
Get daily Elliott Wave updates for SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.
Elliott Wave Live: Bitcoin, JPY Breaking higher, Dollar Lower, Focus on US CPI. Check our blog HERE.