"Truth or Dare?"

The parameter known as "Total" (All total market cap), shows a clear signal right now.
Before explain the techniacl details, I'll explain why should this move work:

Fundemental Details:

- FED has cut the interest rates for second time this year and most likely do it again before the year ends in December which is the most bullish macro signal for crypto to rise.

- US and China are trying to getting alone but behind the scenes the deal about tarrfis has already made long ago. They're just acting like they actually can carry on their political therats to each other to gain more political power. Trump is doing whatever he has done before when he got the crown. When all the nonsense ends, there won't be any problem left to think about tarrifs.

- US also threathens Venesuale but I don't think that matter will last long. Nevertheless, the matter still casuing heat on globe and that causes uncertinty.

- BOJ is another matter to keep in mind at the moment. The reason is, they announced that Japan may need to raise their interest rates in the next meeting which would be devastating for both crypto and all the markets on the globe. Crypto on the other hand, is facing this effect way sooner even before it happens, even if it won't happens. As you can guess, crypto markets are fragile. Every little tension means crises. That's one of the major reasons why it's actually losing value since last month.

- Let's get back to FED. Yes, FED is cutting the rates for the second time and expected to cut again in December despite the words from Powell BUT, we already knew that. Right?
As I mention about it on top, Crypto is fragile, but also very fast. When other markets are proccesing the reasons and possible outcomes of the news, crypto usually has already given the results of the possible news. Even if it's fake, unknown or unworthy to care about.
Crypto is fast. That's why it already gave every opportuinty to invest and now, the investor are taking profit from the very bullish news you just read.

"Sell the news" effect is just faster in crypto. Therefore, crypto has already gained the value it needed to gain. When you read the news or anything about crypto, remember one thing: it's already in the price. Bearish, or bullish. Won't matter.

Now let's get back to the part you like:
Technical details:

There are two possible senarios:
I'm not going to draw all the calculations on the chart so you won't confuse.

Senario one, The one you see in the main chart:
Total or Bitcoin, won't matter right now because they both going through same way.
At the moment, we might be witnessing an A-B-C corrective pattern on Total.
If you calculate enough, you'll reach the result that a perfect 5 waved uprising move has already happend and there is a possiblity that we might be in a corrective wave. Which, would result for TOTAL to drop at least 2.4 B levels. For Bitcoin, this level means it should drop down through around 80-85K.

Senario Two (Hopefully):
If the chart you see is a bear trap and the main bullish cycle is still on, it means we are at wave 4. Which means, Bitcoin still may dive under 100K but it won't last and we see even bigger all time highs in the coming month. Yes, in the coming month.
In order to this senario work, FED must give clear signals about rate cuts in December, resessiong must end immidiatly, US and China must behave well enough to lower tension around the globe.
If all the conditions met but price is still going side ways, it means get ready to see a "skyrocket candle".

Thanks for reading.