@cyberspacechase
The reason BTC Dominance is likely going to find a low soon (plenty of lows for dominance in September) and start going back up is because there are only 3 outcomes for the price of BTC and all 3 outcomes historically tend to lead to dominance going higher.
1) If BTC bounces off the 20W SMA and heads higher, then BTC leads the bull market and dominance goes up (see what happened in 2017)