BTC Moon Phase, Dominance % and BBWP resolutionBTC, D. Moon Phase. I see bearish scenario for the next days, until 4-5th of August. After reviewing Moon Phase chart for last year+, I see same scenario is happening most of the times. During the First Quarter ( Aug. 1) of the phase, price is dropping and start to recover about 4-5 days prior Full Moon. This is exactly when energy of the Full Moon starting to amplify. Current BBWP is contracted for 8 days, making the next move very rapid, I would not set any long/short trades, untill the volume start to expand. Its the mid summer - always slow and August is the month it start to accelerate towards the Fall, with all financial/political tricks happening in September and later in Q4. We already had one bear trap fakeout, but price didnt anticipate to go higher and got rejected by falling wedge upper like ( or bull flag, in this case).I would expect that high volume green candle will be either fully recovered to $110-111K , or 75% recovery, where the CME gap is $113500 - 1-2% lower, making it $113,000. The cascade liquidation will happen very fast, I expect the whole move down and up will take around 24 hours, with the bottom time 5-15 minutes. Need to be ready, that all alts will crash as well, Im expecting BTC %dominance to bounce here , after 8.4% drop to weekly 50EMA. I would like to see BTC, D% at 70% by Christmas and new ATH, what ever it is 160K or 200K what ever it is, for bitcoin to make ATH, it must grab dominance.
