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jdharward
Jun 20, 2019 6:14 PM

Altcoin MCAP - potential Cup + Handle Long

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

Looking at the altcoin market cap, we have a potential cup and handle formation.

Potentially, the cup last a longer time to 'fill' before launch but it could also happen within the next 30-45 days.

Bitcoin could see 9.7k and likely flirt with 10k and support these prices for a week or so before correction.

Our hope is that Bitcoin's price remains stable long enough to support the flow from bitcoin into alts before said correction ensues for the entire crypto market. (Maybe)
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