TOTAL2/BTCUSD (TOTAL2 divided by BTC price, so basically total crypto cap without BTC, in BTC): Alt/btc pairs are dumping, accompanied by BTC going up, nothing new per se.
Assuming the trend line holds:
...the 4th touch will signal the top for BTC and a buy signal for shitcoins.
Good day everyone. I am continuing to make an effort to "map" the cryptocurrency market cycle through phases, represented by boxes on the above chart. These phases are determined by the interplay between Bitcoin and the rest of the crypto market during the previous cycle. In my last update, I suggested that perhaps, we were about to enter Phase 3. However, it took...
Setting up a nice fractal to play out over the next few years. Alts are going higher make no mistake. Look for sentiment to get worse before things get better. We need to see more ppl caputulating and selling out b4 we can continue going higher. With Paypal jumping in, I would expect huge mergers and possible partnerships for these exchanges and custodial services.
Global market was start really positive till the bitmex ceos get arrested by CFTC: (Commodity Futures Trading Commission).Then president Trump and first lady got covid positive.
Today futures started day really bad only S&P500 index lost %1.Btc just lost nearly %1 too but we generally lose more when stocks get crash.This is good sign for bulls.
💎Alt. MarketCap🌴FREE UPDATE🌴
- Yello ladies and gents💰😎🚀
💎Altcoin market cap is recently sitting at 149 Billion Dollars.
💎ParadiseTeam is looking at the pattern shown in the chart on a Daily timeframe, and it seems perfect for a break-out.
💎Classic bullish pennant pattern, supported by EMAs, MACD and VPVR indicators. The volume looks excellent as well, and...
We are in the 8th week of holding the 20 week MA for Bitcoin after a retest. This is enough time to confidentially say it's confirmed.
Macro-investors agree on the idea that the 20 week MA is one-of, if not *the* key indicator of a bullmarket.
Now, I've marked the erxact candle where BTC had this successful retest of 20 week MA and put an overlay of the total...
Finally after a long wait, alt season is officially here.
With Nasdaq shrugging off coronavirus and Tesla went parabolic, capital will indeed flow into riskier asset including crypto.
The current setup for altcoins are more bullish than 2019 March-April setup whereby Altcoins are showing some strength versus Bitcoin, later to be crushed by BTC.
Most people will not be pleased with this analysis. After such profits as 100-500% on altcoins, probably few people will believe it. The current situation on the markets is very bad. According to this analysis, we have completed wave (b) of correction from the bull market, which ended in 2017. We are now in wave (c). If so, altcoins will fall by 90%. Don't believe...
For all the pairs that I look - there is support and we stay above it. All altcoins look great. Many coins did not fall.
I see the power for altcoins to grow and ready to fly.
I think everyone knows what is happening. The United States lowered the interest rate and now it is 1.25, they will continue to lower it. They cannot have a crisis right now, because all...
Good day Ladies & Gents. Total 2 might test ATH by Christmas. Alts will start running hard soon. Please leave a like, & let me know what you think, or post your idea below. Not financial advice, just my view.
First long-term target has been reached
If you get lost in the excitement of the # crypto world , take a look at this chart occasionally to see where you stand.
This configuration is classic and NEUTRAL worthy of a start called " RECOVERY ".
the possibility of consolidation is now strong on its levels
The next most likely scenario is the REAL confirmation...
When crypto shills talks about "There Will Never Be Another Alt Season".
These are people who constantly got it wrong about the market, it is something to think and consider.
Market and human natures move in cycle. To say in absolute terms are a joke.
Human emotions and behaviours are usually a contrarian indicator.
Which led me to believe that an alt season...
At the moment the altcoin market cap (excluding btc) seems not to show the real situation. Indeed the market cap stays pretty high while . I honestly can not find a real explanation but the following two
1 - alt lost a lot compared to btc, not in absolute levels
2 - many alts are born every day, and the new one market cap is added to the old one keeping the...
Potential upside to 1.618 if 0.618 holds
Looks very bullish
The pattern forming looks very suited for a large bull move like this one in bars pattern.
I believe the altcoin market is forming a giant bullflag.