
Crypto market is coming lower, but it came into some interesting supports, especially ALTcoins. Bitcoin may actually stay in a higher degree consolidation, but be aware of some bounce and recovery ahead of the weekend, where ALTcoins could be stronger than Bitcoin due to ALTseason and further ALTcoin dominance. Looking at the Crypto total market cap chart with ticker TOTAL, we think it's trading in a deeper A-B-C correction in wave 4 because of Bitcoin, but soon watch out for bounce and recovery in wave B which can stabilize the whole Crypto market, especially ALTcoin market.

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Crypto market slowed down and at the same time we can see Bitcoin dominance keep recovering within an a-b-c correction for wave B/2 and that’s why ALTcoins are currently suffering more, but BTC.dominance is coming now into interesting 61,8% – 78,6% Fibo. and channel resistance area. So, keep an eye on 59%-60% resistance zone, from where we may see further weakness within wave C or 3, which can bring the ALTcoin dominance back in the current ALTseason.

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