I believe BTC did not have a bear market but only the 4th wave of its second supercycle which could not break under 13k-14k and validate this theory.
IMO we are right now in the first leg of the 5th wave and the BTC dominance is proof of that.
This inverted chart is screening higher, showing a massive consolidation under "resistance" (support).
It seems it's going for the 3dr wave which most likely will have BTC dominance falling and BTC price going parabolic but the alts are outperforming.
The 4th wave of the inverted BTC.D chart will probably occur during the major correction of the 5th wave of BTC price where the alts probably will dump harder consequently rising the BTC.D.
The 5th wave of the inverted BTC.D chart is likely the 5th wave of the 5th supercycle wave of BTC price, where the price of BTC rises with lots of divergences and the alts are just exploding bringing the BTC.D down.
Read carefully to understand and remember that this is the INVERTED BITCOIN DOMINANCE chart.
IMO we are right now in the first leg of the 5th wave and the BTC dominance is proof of that.
This inverted chart is screening higher, showing a massive consolidation under "resistance" (support).
It seems it's going for the 3dr wave which most likely will have BTC dominance falling and BTC price going parabolic but the alts are outperforming.
The 4th wave of the inverted BTC.D chart will probably occur during the major correction of the 5th wave of BTC price where the alts probably will dump harder consequently rising the BTC.D.
The 5th wave of the inverted BTC.D chart is likely the 5th wave of the 5th supercycle wave of BTC price, where the price of BTC rises with lots of divergences and the alts are just exploding bringing the BTC.D down.
Read carefully to understand and remember that this is the INVERTED BITCOIN DOMINANCE chart.
