BTC dominance is pointing lower, while ETH/BTC higher [Video]
|BTC.Dominance chart still appears to be completing wave “c” of an abc correction, which could be forming a potential wedge pattern before further weakness. As a result, ETHBTC might also be finishing wave “c” of an abc flat correction, potentially finding support around the 0,035 area before another rally. Overall, it seems that Ethereum and ALTcoins will continue to outperform Bitcoin, but a true ALTseason may only emerge if Bitcoin experiences a stronger recovery.
BTC.D one-hour chart
ETHBTC one-hour chart
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