Description: Bitcoin dominance is heading towards it’s major resistance level i.e. 70% while RSI approaching to overbought Zone. Also, the dominance seems completed it’s elliotwaves (5 wave pattern).
Signal: In our opinion, This is very attractive entry point in Altcoins (specially which falls in top 100).
Investors should have 50% in Bitcoin and 50% in Altcoins in their portfolio.
Thank You.