I can't stop looking at this $BTC.D chart.

One of two things is about to happen when the volatility gets realised;

1. $BTC is going to lose a ton of market share and quickly to ALT coins.

2. ALTs are about to lose a ton of strength vs $BTC.

To me, the only thing that actually makes sense is scenario no1. Which means at some point (and probably soon looking at the contraction in the Bollinger Bands), ALTs are going to rip it.

It feels like no one in the market is positioned for this but I don't understand what they see when they look at this chart.