Crypto Total Market Cap
We are near the level of support that we are likely to break down. And again, the exchanges will earn on the
liquidation of large orders, which will cause a snowball. liquidation by a market order - and touch other orders are liquidated. And the panic sale will return to the market. Usually after such sales and large liquidations, the market turns around. I think this is the scenario that will be implemented
But what will we be in 2 months?
A new big telegram player with the TON project, its founder Pavel Durov, and a huge telegram community will come to the market.
I think that this coin will be in the top 5 by capitalization in a year.
And this announcement will be a new impetus for the entire crypto community.
In addition, I see that two exchanges are starting from bitcoin .com and blockchain.com
Also BTC.D looks to complete a full cycle and just around Weekly MA200. I would expect the reversal however if the MA200 breaks to the upside we may see an extended wave 5.
Critical times for the alt market IMO.