TOTAL another dip in the market

Total market cap broke down from an ascending triangle like it did in June 2021 with a failed retest. The measured move is the fib extension of the wave that broke out.

Personally I feel this time the market will not rebound after the dip and BTC will head to 30k again. We shall see.

Comment:

First demand zone was hit. I think there will be a dead cat bounce here.

Comment:

I think there will be another bounce a bit higher like the fractal. It is rare for price action to follow fractals so precisely.