BTC DOMINANCE
Dominance start to bounce again from trend support (from 60% to 64% last week)and now 62.5%
With BTC breaking 50k most likely dominance can rise more in short term to 67-70% level again then drop below trendline support and breakdown 60% level (Neckline of H&S pattern)
toward 50-40% if that happens this can lead to massive altcoin season in med - long term
So high probability altcoins can suffer in short term but med and long term strong bullish if that H&S pattern successed (most likely)
Dominance start to bounce again from trend support (from 60% to 64% last week)and now 62.5%
With BTC breaking 50k most likely dominance can rise more in short term to 67-70% level again then drop below trendline support and breakdown 60% level (Neckline of H&S pattern)
toward 50-40% if that happens this can lead to massive altcoin season in med - long term
So high probability altcoins can suffer in short term but med and long term strong bullish if that H&S pattern successed (most likely)
