This not financial advice. I personally had 1.4T Max Market Cap as my original Top out and I've played it Conservatively since. Institutional Money and Defi has caused me to change my targets that I worked out back in Sept. Of a max Marketcap of 1.4T So indulge my brain please. Feb. Retest of 1.3T Market Cap March Picks up from 1.3 and takes to 1.66T-1.75T Market Cap the real FOMO April Anxiety over everything falling 50% for Bitcoin and Alts back to previous all time high before the upswing. We still have some life left before the April Anxieties. I call it that simply your anxious seeing your balance go down. Look at the chart closely. Both greens dosent touch for the month. Followed by a shot up the following month to test the resistance. That resistance is 1.66 T which i feel will be hit next month. Reason #1 Income tax season will not arrive til d First week of March. That will pull added FOMO Money In. Reason #2 Quantitative Easing measures by the world economies and another stimulus check rolls in. Reason # 3 A blow off top of possibly 1.7T-1.75 because of the first 2 reasons I mentioned. Remember the Market cap in previous cycle of 2017-2018 was 768Billon NOT TRILLION Remember ladies and gentlemen Whether its an individual coin or the whole market capitalization. There is always 95% of the time a retest of the current high. So always keep that 768 billion in back of your mind. Support the legalizedhustler #hustlabynature P.s. i hope im wrong. But patterns are just that patterns that usually repeat.
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But also a possibility we hit the 1.7 T this month And a 2T marketcap next month
wooww you have given such beautiful insight about the end of this bull run, i am so desperately waiting to short them soon,
ThinkLikeaWhaleTLAW
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@BitonGroup,
My response should be WOooooW coming from you a pro+ . im a super novice. I'm just a regular person. No degrees. Just my brain and the big picture.
I have some ideas. Maybe we should chat if your really wandering how my brain functions and what i really see as the so called "short" your talking. I have that mapped out already as well. Again I hope im wrong.
This was a generic description and basic overlay.
And you know what The sad part is?
This is the chart that should have hundreds upon thousands of views yet is my least looked at chart.
People are naive. They only know the "buy" and "sell" buttons.
So if ur down hit me up.
Again thanks for the follow and sorry about the late response to your March question.
BitonGroup
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@Legalizedhustler, my dear friend awareness and thought process is not coming from academics or even credentials, it is human tendency and it shows you the way, makes you realize where you are and where you want to go,
i have seen your charts and your Choice of analysis is great as it shows you are having a very good business psychology and market awareness, and those are the qualities that a successful trader or fund manager needs to have,
one of the reasons that we work in the group is that one mind can not be complete so we need to work on issues with each other company and it makes it easy for us to capitalize or minizine the losses in the long run,
i will text you in the private messages for further discussion
i have done some analysis on the same chart
@Legalizedhustler, yes i believe you have done a perfect analysis on this too, i will post our analysis also on btc too and share it with you soon.
thank you so much for this effort and we shall trace the market together henceforth