We are currently in the process of forming a trough, plus we managed to violate 04/DEC low on BTC market cap symbol what indicates to change:
- Shift of dominant cycle from purple to orange
- Next orange cycle should peak on left side of bracket
As soon as we will find bottom and bounce back altcoin season should start.
FIB 0.702 is taken from current state, if we will go lower then we should adjust fib level.
Making a long story short
ALTCOIN SEASON will be here next week!