I decided to resume in one chart my current targets and thoughts for the crypto market space:
On the top left quadrant is the BTC dominance:
- It has been bleeding again since the rally on July 21.
- It formed a bear flag with target 34% down (31% dominance)
- It has been following a descending channel
- Short term, BTC will push up to 49500, then altcoins will start to pump as BTC dom. will bleed.
- Check the boundaries of the channel. If the resistance is broken, altcoins are going to suffer utterly.
On the top right quadrant is the Total Crypto market cap, including BTC:
- Elliott wave analysis
- the corrective 4 waves just finished, target 0.618 of wave 1+ wave3
- Final target (8.82 trillion) 4x times the current whole value
On the bottom left quadrant is the Crypto cap without BTC
- Elliott Wave analysis
- The corrective wave just finished, primed for the last leg up
- Final target (5.41 trillion) 4x times the current value
On the bottom right quadrant is the BTC market cap
- Elliott wave analysis
- Finish corrective wave 4, the last leg up is about to happen
- Final target (3.36 trillion) 4x current value
- Setting BTC at 186 k, in line with my predictions
Now, what can we appreciate? BTC will have a great run-up with a 400% increase in value from now. However, the real winners for this last leg up are going to be the altcoins...This is going to be legendary.
Logically for moving the BTC price to 185k, you need trillions of dollars.
Imagine what a 4 trillion injection in the altcoins space is going to do.
I suggest you pick up your favourite altcoins and projects. Diversify in many projects and enjoy the gains.
Also, BTC dominance fell from 46 to 41 (5%), and some altcoins have done 3x and 4x. We have another 10% dominance drop waiting...How many x?
It can sound like hopium. However, I base my target on well known, proved and developed strategies. The most conservative target will be
BTC.D = 35%
Total Crypto BTC = 4 trillion
Total Crypto no BTC = 2.31 trillion
BTC market cap = 1.67 trillion
Expect at least 2 shakeouts before reaching the final target. This will be wave 2 (now) and wave 4 of the primary trend.
Good luck
On the top left quadrant is the BTC dominance:
- It has been bleeding again since the rally on July 21.
- It formed a bear flag with target 34% down (31% dominance)
- It has been following a descending channel
- Short term, BTC will push up to 49500, then altcoins will start to pump as BTC dom. will bleed.
- Check the boundaries of the channel. If the resistance is broken, altcoins are going to suffer utterly.
On the top right quadrant is the Total Crypto market cap, including BTC:
- Elliott wave analysis
- the corrective 4 waves just finished, target 0.618 of wave 1+ wave3
- Final target (8.82 trillion) 4x times the current whole value
On the bottom left quadrant is the Crypto cap without BTC
- Elliott Wave analysis
- The corrective wave just finished, primed for the last leg up
- Final target (5.41 trillion) 4x times the current value
On the bottom right quadrant is the BTC market cap
- Elliott wave analysis
- Finish corrective wave 4, the last leg up is about to happen
- Final target (3.36 trillion) 4x current value
- Setting BTC at 186 k, in line with my predictions
Now, what can we appreciate? BTC will have a great run-up with a 400% increase in value from now. However, the real winners for this last leg up are going to be the altcoins...This is going to be legendary.
Logically for moving the BTC price to 185k, you need trillions of dollars.
Imagine what a 4 trillion injection in the altcoins space is going to do.
I suggest you pick up your favourite altcoins and projects. Diversify in many projects and enjoy the gains.
Also, BTC dominance fell from 46 to 41 (5%), and some altcoins have done 3x and 4x. We have another 10% dominance drop waiting...How many x?
It can sound like hopium. However, I base my target on well known, proved and developed strategies. The most conservative target will be
BTC.D = 35%
Total Crypto BTC = 4 trillion
Total Crypto no BTC = 2.31 trillion
BTC market cap = 1.67 trillion
Expect at least 2 shakeouts before reaching the final target. This will be wave 2 (now) and wave 4 of the primary trend.
Good luck
CFcryptoTA
check the youtube channel out
youtube.com/channel/UC1nxHmfbU0pyoX7Bp-ayDuA
Telegram channel for 1 to 1 chat: t.me/TAEW4
check the youtube channel out
youtube.com/channel/UC1nxHmfbU0pyoX7Bp-ayDuA
Telegram channel for 1 to 1 chat: t.me/TAEW4