BTC.D Bearish Div off 0.618 Alt Season?

We have seen alts mainly bleed in the past week while BTC dominance was trending higher along with the BTC price, but now I'm seeing big bullish divergences across many of the major altcoins and I'm seeing a bearish divergence on BTC dominance as it hits the 0.618 fib level at the same exact time. Could this be the beginning of a new altcoin season?