Bitcoin Dominance Is Printing The Last Shakeout

Hello, Skyrexians!

Recently we pointed out that BTC.D is in the last bullish wave which has a target approximately at 66% and the bear market on altcoins is almost over. Today we will look in details on this wave inside and try to predict the most precise scenario.

Let's take a look at 12h time frame. Here we can see the wave 1 and 2 and now price is in wave 3. Fibonacci extension levels 1 and 1.61 is the target for wave 3. Looking at the current wave we can say that it's not over, so it will likely to see 64.7% in this wave before the correction. Correction is going to be subwave 4 which will likely be finished at 63% then we have the last wave which can be equal to wave 1. In this case predicted earlier 66% will be reached at the end of April.

Best regards,
Skyrexio Team

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