Same analyst with previous BTC dominance as this still in bullish movement for now still on highest level with lower low and lower high.
Using Fibonacci Circle for myself is a prediction tool for an upcoming impulse movement based on how the previous price action's behavior toward each fibonacci line which could represent a probability for futures outcome impulse movement.
Just my hypothesis that i'm anticipate a Impulse movement based on this previous price behavior after hit one of the orange fibonacci line. While it will be hit by the percentage within 1 month.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion,
and please feel free to share what your thought on comment section.
peace.