We still have some some gap before the side way period of altcoin market.
As you can see the dominance of BTC is weaker in the last 2 weeks right now the up trend is over for a short period the market will take some profit of BTC and finding a new ALT to gain more profit.
According to TA I expect to see am inflation rate drop to 4.6 / 3.95 / 3.36 or anywhere in a green box I created. Hope I am right.
It is amazingly hit the resistance just in time. Hope it is going back to the mean level asap.
After complete 5 waves of impulse now we're on the short side. Expecting to buy more spot when the chart reach the green box. I'll consider buying it again.
After It performed a triangle completely it's time to break to the target of the width of the triangle itself.
After watching BTC correction for awhile 70% I think 54k is the lowest price for BTC this year and 30% worst case going to hell at 45k. It’s time to exchange your fiat everyone!
This should be the end of correction according to the Elliott wave theory.