BTC calm before the storm, be prepared!! Total Market Cap
Hi dear community and my loyal followers. In short I would like to update crypto market from macro perspective.
I'm looking at monthly timeframe and would like to bring your attention to some bullish facts.
As you see Total market Cap tested previous ATH in June 2022, the point which I called and till now I haven't changed my mind. Even the recent dump couldn't make me change my idea coz as you see it is double bottom.
At the same time TOTAL Market Cap tested 0.786 fib level with 12D MACD bullish cross in a bear market which marks Bull market start and the Bear market end. BTW it has never given false signal in the whole BTC history.
As you noticed every time when MACD crosses bullish the bottom was already in which proves my previous analyses about BTC bottom which I called 17.5K in June, the recent dump was a fake breakdown/ bear trap/ with Double bottom + multiple indicator bullish divergences like 2021 69K which was a fake breakout / bull trap/ with double top+ multiple indicator bearish divergences.
At the moment I'm waiting BTC daily candle close above 21.3-21.5K with confirmation then daily candle close above 24.5-25K with confirmation to announce officially Bull market start.
BTC will surprise 99% people who are waiting lower prices like 12-10-8K and doesn't give chance to buy at such low prices jumping suddenly in a crazy way.
If you like my ideas don't forget to like, comment and follow my ideas. I will appreciate any single follow. Thanks in advance.
I'm looking at monthly timeframe and would like to bring your attention to some bullish facts.
As you see Total market Cap tested previous ATH in June 2022, the point which I called and till now I haven't changed my mind. Even the recent dump couldn't make me change my idea coz as you see it is double bottom.
At the same time TOTAL Market Cap tested 0.786 fib level with 12D MACD bullish cross in a bear market which marks Bull market start and the Bear market end. BTW it has never given false signal in the whole BTC history.
As you noticed every time when MACD crosses bullish the bottom was already in which proves my previous analyses about BTC bottom which I called 17.5K in June, the recent dump was a fake breakdown/ bear trap/ with Double bottom + multiple indicator bullish divergences like 2021 69K which was a fake breakout / bull trap/ with double top+ multiple indicator bearish divergences.
At the moment I'm waiting BTC daily candle close above 21.3-21.5K with confirmation then daily candle close above 24.5-25K with confirmation to announce officially Bull market start.
BTC will surprise 99% people who are waiting lower prices like 12-10-8K and doesn't give chance to buy at such low prices jumping suddenly in a crazy way.
If you like my ideas don't forget to like, comment and follow my ideas. I will appreciate any single follow. Thanks in advance.
