Here’s a possibility: Bitcoin in wave IV while some alts in wave 1. Bitcoin & ether make wave V low while alts correct in wave 2. New leaders in next bull market become more evident.
Here’s a possibility: Bitcoin in wave IV while some alts in wave 1. Bitcoin & ether make wave V low while alts correct in wave 2. New leaders in next bull market become more evident.
Maybe if his white count happens. In that case, bitcoin drops about 20%. In that scenario, Alts likely to drop at least 30%. That would bring most of them to new lows but some might keep 1-2’s alive.
Alternatively, the orange count could be a 50% drop for BTC. That would likely kill all bull counts in alts.
I see that scenario starting in a few coins. We had the same leadership in alts in April. It failed, but they on many days without BTC.