price action makes me to think that exchanges are in pain for altcoins. there could too much longs or another sick situation for them to dump the altcoins. i dont know. But there's a clear cup and handle and for my prediction it will going to rise very sharply soon if there wouldn't any blackswan event. I dont think Bitcoin can go new ATH without altcoins. we can see big moves up and down on BTC.D.
Look for;
1.TOTAL3/TOTAL2 (Weekly)
2.TOTAL 2 inverted (Weekly)
3.BTCUSD inverted (Weekly)
I cant insert the links because I am not a PRO member. Just take a look the charts above and make your own desicion.