Crypto Total Market Cap is moving forward the midline of the specified upward channel.
Right now it is on the correction to about 800-815 level.
After that we will see crypto market cap continue the upward trend to these targets in midterm:
Target I : 1500-1595 $
Target I : 1900-1915 $
It will be about the mid of March 2021, except in the increasing Intensity...
CRYPTOCAP:BTC In order to have a healthy breakout from the current band BTC is stuck, the accumulating upper range volume (green ellipse) needs to be able to compete with the big volume chunk below red ellipse).
Over the months this 3-day chart has been very powerful for me. Think it is about time I shared it.
Over the last several weeks I’ve been selling my Bitcoin into various Alt-coin positions. It almost does not matter which, a rising tide lifts all boats to coin a phrase. My reasons for doing so is almost exclusively because of the this chart. Take time to study...
Fibonacci rules the universe and unless there's a collapse in temporal and mathematical reality the Mcap candles are going to reach the 161.80% - You can see the awesome Awesome Ocillator by DennisLeeBtc has not reached the peaks achieved in the 2017 rally and there is a damn sight more money invested this time goddamnnit -
If the past if of any indication of the future, we are looking at around 30x gains in market cap from the current level. This includes BTC + Altcoins.
This does not seem unrealistic, rather quite a conservative target, considering that the total altcoin market cap has not even passed their previous ATH. There is a lot more gains to have still.
BTC barely...
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.
Did you know that wealth is infinite? did you know it expands just like the cosmos?
Imagine a world where we are all so rich poverty doesn't exist, Imagine a world where peace is the norm, and Imagine a world where technology moves forward the evolution of humanity.
What if we really do bring to pass the immortality and life of man? what if we are all gods?...
~35% retrace from ATH's if the total market cap reaches my target.
Obviously only in play if the pennant breaks to the downside.
Goodluck And Safe Trading.
BTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up.
To dig deeper into this idea, we’ve posted the following question to the Cindicator platform:
“The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13....
We have formed and broken through a delicious CUP&HANDLE formation which eventually will lead us to re-test the previous ATH established in Jan'18.
Personally I think we will reach a total crypto market capitalization of 700B $ in the next few weeks! And around 1 TRILLION $ early next year.
The Stochastic oscillator is indicating and overbought condition...
Big Resistance at 1.37Trillion Market Cap where BTC would have a Dominance around 65% @about $47850 USD for Non Log Chart View.
Surpassing that there is 2.4Trillion $80k-88k, $5Trillion & $10 Trillion if Bull Run stretch till late 2021 - 2022.
