$BTC dominance (WEEKLY): WAVE C to the DOWNSIDE next?
One of the last bits of hopium that still makes sense from a technical perspective is this WEEKLY 
BTC Dominance chart, which shows a clean Elliott Wave structure.
Based on this count, the dominance either has completed, or is currently in the middle of a dead cat bounce (WAVE B) — which briefly peaked around 63.5% during the 10/10 market collapse.
If that’s correct, the next move should be a WAVE1 C down, targeting a deeper correction toward 54.6% or even 49.1%.
This outlook perfectly aligns with the expected #Altseason which typically kicks in during Q4. As long as BTC.D remains below the yellow 50 MA, the trend stays bearish — with a lower low already printed and a lower high likely forming.
Being a strong believer in both Elliott Wave Theory and the cyclical nature of markets, I’ll continue buying dips — since several altcoins are likely to see powerful rebounds from key support zones.
That’s my main strategy for Q4.
👽💙
source https://www.tradingview.com/chart/BTC.D/YIR3Azpn-BTC-dominance-WEEKLY-WAVE-C-to-the-DOWNSIDE-next/
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