Wednesday, October 8, 2025

$BTC.D (4-hour): DEAD CAT bounce finished already? Alts to FLY?

$BTC.D (4-hour): DEAD CAT bounce finished already? Alts to FLY?

DEAD CAT Bounce thesis ( BTC dominance) I have been sharing still valid, as far as I'm concerned.

Yesterday (quoted post) I talked about the WAVE B relief rally for the dominance, which should only go as high as 59.1%, roughly (candle closes count). And that's where we are.

Next I'm expecting a WAVE C which must correct harder and go lower than WAVE A, obviously, so below 58.7%. Significantly lower, most likely.

And that's what we need for #altcoins to resume their rallies.

So, to put it simply, 59.1% now, if it goes above 59.2% - some more bleeding in shitcoins, if it rallies above 59.4%, God forbid, a heavy heavy crash in altcoins, possibly even a flash crash.

Ideal scenario = only downside from 59.1%, below 58.6% would trigger a rally in alts, below 58% triggers madness in alts.

Lots of inflows yesterday into both Bitcoin and ETH ETFs, the institutions are literally swallowing the supply. Don't sell them any yet, at aleast I don't intend to👽💙



source https://www.tradingview.com/chart/BTC.D/mucenqVt-BTC-D-4-hour-DEAD-CAT-bounce-finished-already-Alts-to-FLY/

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