Regarding dominance in the Crypto market, BTC.Dominance chart still appears to be completing wave ācā of an abc correction, which could be forming a potential wedge pattern before further weakness. As a result, ETHBTC might also be finishing wave ācā of an abc flat correction, potentially finding support around the 0.035 area before another rally. Overall, it seems that Ethereum and ALTcoins will continue to outperform Bitcoin, but a true ALTseason may only emerge if Bitcoin experiences a stronger recovery.


Become a premium member
Get daily Elliott Wave updates for US Single Stocks, SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.