Bitcoin Dominance: The Final Rotation

"the most likely outcome is that Bitcoin dominance goes back up. So if you're an investor, whatever you're wanting to take a risk on in the cryptoverse, just know that Bitcoin for the next two months is likely going to outperform most everything else."

"If Bitcoin falls below the 20week moving average, Bitcoin dominance is likely going to start to go up."

"In that case, if Bitcoin were to hold the 50we and then start to go back up again, Bitcoin dominance would likely go up until Bitcoin makes a new all-time high"

"if Bitcoin does not go below the 20week moving average then you could have a scenario like 2017 where Bitcoin tags that bull market sport band in Q3 which is doing now and then it rallies into Q4"

"in 2017 when Bitcoin got that final rally all Bitcoin pairs topped out at the end of August and they dropped to 0.25. 25 by early November."

"ETH would likely find a top against Bitcoin, a local top by late August or potentially early September."

"I think before it can go there, it's going to form another macro higher low... I think it's going to come back down here and then late October, early November, it then maybe gets that move to 0.053."

"the first run of the highs for Ethereum will likely be rejected... you're likely going to see a rejection around these levels, even if you get one more wick, a move back to the 21week EMA where it will likely consolidate until, you know, probably at least for a couple of months where it it goes back to the 21week EMA, tries to find support there, and then tries again at which point I think it could very well go higher."