Crypto Total Market Cap is forming a Bearish Butterfly Pattern as well as hitting the top of an ascending channel that it's ranging in for the last two years. I expect a correction to $500B which is %61.8 of the CD wave of the pattern, after hitting $1,051B. In another case it can break $1051B to the next dynamic resistance at $1,700B - $1,800B.
Analyses are NOT financial advice; DYOR
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Analyses are NOT financial advice; DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.