I`ve been in this market for 5 years now, and ive seen this bullrun before ! So therefore we should ask ourselves - when will the trend reverse ?
1. The 31st of Aug 2017 the marketcap was approx 160 B, and at the start of Jan. 2018 it peaked at approx 760 B before the reverse kicked in. This gives an 475% increase from August 2017 - Jan. 2018.
2. If we use the...
The macro of the crypto marketcap is strongly bullish. We broke above the line of resistance that we hit in Dec 2017 that sent us into a multi year bear market and the short term result was a break of $1T. However, we must keep in mind that we may very well come back down to test that line in the mid $700B before we continue our march toward $83T. I expect...
According to a simple projection of a parabola, similarly to the previous cycle
and making a linear projection of the previous highs this market could be headed to 46 T !
Yes ! Trillion with a capital T !
46'000 Billion !!
This would be a 30 x from here.
Seems outrageous to me... However that would be in line with the previous cycle (2017),
where we went from 17...
Hi All,
We can see the total market cap has broken out of consolidation structure and now rising in an up channel. Note the fib extension levels,
We have hit a key level and we saw the today, a first touch rejection. We will consolidate and likely break this level soon which is aligned with a BTC bullflag.
So we are now expecting a bullflag for bitcoin, as per...
If my TA is correct, a break of current resistance could take the crypto marketcap up to $36 trillion by year's end, and set us on the path toward the next target of $385 trillion. Do I hear mass adoption? Unreal.
TOTAL - It is expected to correct soon for 4th subwave of 3rd wave up, which will be good buy opportunity for those cryptos, which are already in up trend and expected to go higher for next cycle.
Give thumbs up if you really like the trade idea/analysis.
CTM - The 4th wave correction is in progress. Expecting sideways flat or expanded flat kind of a correction and take probably one more day to finish before it moves higher in final wave 5. BTC will follow the chart in more or less similar fashion.
Give thumbs up if you really like the trade idea/analysis.
Not really anything of note other than, it seems that the market is facing resistance not seen since ten January 21. Will we push through even higher or is it only a matter of when?
We Are Looking At Crypto MarketCap On A Daily Time Frame
A Clear Breakout to the upside probably shocked a lot of people, but the question is.
Will it find a support and continue to go up? Or is it an Up-Thrust Action After Distribution?? (UTAD)
*UP 640% since March 2020 Lows
*UP 68% after breaching previous ATH
Price Analysis & Targets:
BULL -> Finding...
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For 2021, we can consider two paths for the entire crypto market, as you can see, the overall market trend is upward and now about $1.2 trillion has been invested!
1- If the market crosses the midline and attacks the ceiling of this channel with an amazing number of 12-15 trillion! It will not be strange to see $100,000 Bitcoin and $20,000 Ethereum price!
2- But...
