The exact timing of the Altcoin season !As you know, with the drop in Bitcoin dominance, altcoins yield higher returns compared to Bitcoin. Conversely, when Bitcoin dominance rises, Bitcoin yields higher returns compared to altcoins.
From the point where we placed the red arrow on the chart, it seems that the bearish waves of Bitcoin dominance have begun.
Wave A has been completed, and we are now in Wave B.
Currently, it appears we are in Wave B/X, which is a diametric pattern.
After this diametric, we expect Bitcoin dominance to enter Wave C, which is a bearish wave.
We anticipate that the altcoin season will begin from a high supply level.
This is our perspective on Bitcoin dominance.
Before altcoins undergo further correction, there will be a recovery in wave e of this dominance.
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