This is very long term, monthly CRYPTOCAP:BTC chart. This chart may answer most of your questions. If it is handled with care, it may give you great insights. Please also pay attention to CRYPTOCAP:BTC.D for altcoins' situation.
I hope this helps.
Analyzing Fibonacci levels and trading volumes, it doesn’t look like an alt season is imminent. For now, a monthly close above resistance seems necessary, and as BINANCE:BTCUSDT rises, Bitcoin dominance will likely increase. While this might lead to some minor gains in altcoins, they’re unlikely to be substantial.
Two scenarios could unfold:
1. Short Alt...
Seems, with a small volume we are about to explode. Not much left.. Accumulation is complete, x2 is about to surface.. Then we will see whats next.. NFA..
