Bitcoin Dominates Altcoins... Yet Again

As Bitcoin solidly enters another rally, Altcoins seem paltry by comparison. Although the Altcoin index has made a slight uptick, it seems to be forming a wedge pattern which indicates consolidation and preparation for another breakout. The double top discussed numerous times in previous commentary should continue to provide resistance. The Crypto Spread Indicator has turned in favour of BTC yet again, after a brief respite over the weekend. Consider adding to a position in Altcoins.

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