#BitcoinBounceBack $BTC
Bitcoin Dominance Signals the End of the Bear Market for Alts!
Today, we’re revisiting the BTC.D chart. While it has been frustrating, it's finally nearing its reversal point.
Looking at the weekly timeframe, we see three red dots on the Bullish/Bearish Reversal Bar Indicator [Skyrexio]. It’s crucial to filter out false signals. The first dot appeared on a weak bar with no angulation—invalid. The second was strong but only wave 3. The best signal is the last one, showing angulation, bearish divergence with AO, and potential wave 5.
Reversal is confirmed! Expect movement from Fibonacci 0.61 or, at worst, 66%. Trade cautiously.
Best,
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