https://linktr.ee/PipSnipers
1 extracted signal · 0 resolved · 1 still active
Pip Snipers02 Jun 2025, 17:31 UTC
AI-generated source summary
The video analyzes Bitcoin dominance (BTC.D) using Elliott Wave theory and Fibonacci retracements from December 2019 to the present. The presenter suggests that BTC.D has reached its wave 5 of C, a potential top at the 0.786 Fibonacci level (64.21%), displaying triple negative divergence on the RSI, which points toward a bearish reversal. The analyst notes an initial reaction toward the 0.702 Fib level after topping out before climbing back, common in crypto assets. The presenter identifies power of 3 setups or a distribution structure. The presenter suggests this is the time for alts. The failure point of this analysis would be exceeded, approximately 64.62%.
AI-generated summary based on the source content.
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