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     2 months ago  

    The primary scenario suggests that Bitcoin dominance (BTC.D) faced resistance at the 0.786 Fibonacci level (66%), similar to the rejection at the 0.618 level (60%) last year.

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       2 months ago  

      The rise in ALT/BTC is attributed to the increase in ETH/BTC, although ALT/ETH is declining, indicating that Ethereum outperforms other altcoins. ALT/BTC pairs typically find a local low each June from 2022-2025. The ALT/BTC rally is expected to conclude by late August, with a BTC.D surge anticipated in September and October. ETH/BTC is likely to set a higher low during this period, whereas ALT/BTC pairs may achieve a lower low, starting as late as November. There is uncertainty regarding whether the upcoming BTC.D rally will lead to a higher high, as it depends on the ETH/BTC trajectory.

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         2 months ago  

        Reviewing ALT/BTC activities from July-August 2017 reveals they later dropped to 0.25 by late October. Although ALT/BTC pairs are up, ALT/ETH pairs have decreased by 40% since Ethereum's significant move.

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           2 months ago  

          There's an acknowledgment that any of these perspectives could be incorrect. If so, reflect on this viewpoint with amusement. The focus isn't on specific altcoins.

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