Btc.d is currently forming a ascending wedge after a huge drop. This is a bearish trading pattern. If btc.d will drop there will be an altseason. I think the lowest btc.d will go is ~47%.
Time will tell.
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Update:
Yesterday we had a fake out due to the btc dump. While btc is recorvering the dominance is beginning to fall. I still believe in this trading setup and we have to wait till it breaks out to see the new levels of %.