Elliot 🌊 on Crypto market's capAs you can see, we're in the correction of wave 4,the next cycle will be big and biggest crash coming after that! Longby ArthurZx3
Downtrend StartedToday we are seeing some bullish relief on the Daily, but the Monthly and Weekly total crypto market cap is pointing down from overbought on the stochastic. As well the weekly and monthly are both red (yellow in my case). Would advise to only be doing long scalps if trading today and be aware that you are trading against trend and is potentially very dangerous without stops in place even for spot. On the longer timeframes we should see some big moves down to mid 20s for btc. And I would suspect we see some major relief from there, but then still one more trip down to grab liquidity before the markets start to move up in any significant way. I'm suspecting stocks will also gap down again this morning as they did yesterday and dxy to show some strength.Shortby EldalUpdated 333
$TOTAL Crypto Market Cap. (10 YEAR OUTLINE)$TOTAL Crypto Market Cap. (10 YEAR OUTLINE) Let us look long term! I have been charting a bit... This seems like a possibility to me. by CryptoBoj3
TOTALAccording to the descending triangle pattern and in the weekly timeframe, I am considering a 5-wave downward movement... I think that this is the beginning of the 3rd wave of the 5th wave.Shortby milad1978omr0
We are below 800 billion in total market cap! What to expect?As we are in a worse situation when the FTX has already collapsed which breaks the trust in the sphere bitterly and many other centralized exchanges are struggling to convince their customers. And thus the ongoing crypto winter has become more longer which is not good for the market and there was not a tiny pullback after the recent crash! As the total market cap is below 800 billion, then we can expect another crash to make the bottle and in my sense, the bottom can be found around the 580-600 billion market cap area. That means the market is going to lose another 200 billion. In the worst case, the market will not go below the 273 billion market cap! Let's wait for the next move!Shortby tanzil2024332
Crypto Total Market Cap room to fall 50% (Harmonic Pattern)Looking on the weekly chart of the Total Crypto Market Cap, I expect crypto to fall further. I suspect that bitcoin will reach its bottom before many alts as it happened in 2018. Once the total Market cap reaches 300-400B a bottom is likely in for the crypto space.Shortby TradingJoker_115
TOTAL Bearish?In technical this looks pretty bearish, very bearish.. but we'll see what happen next week.by imam98250
Crypto Market Cap - Did we Double bottom? *Important - Once majority bashes crypto and calls it a scam and calls for lower targets (like how many did in 2018 and missed out), that is when I will be all in! Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;) Majority got Rekt last year due to listening to the "Bullish" Narratives the media and Social Media Influencers were portraying last year! Stop listening to them and start paying attention to the technicals. Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!" by jaydee_7571126
Crypto Markey Cap on fall , the dark Winter is coming ! no comments ! the total market cap has changed it's channel and is going to meet the dip. by Pouriya_noun333
Crypto Bargains Ahead!Since the recent new low has triggered another leg down, we can target the final buy zone around the 4.236 level for both 5th waves, local and intermediate. Probably gonna retest 2019 high also, which will lead to a drop of about 50% from current levels, some alts less, many alts are probably gonna die and wont recover. Question: Whats gonna be the news narrative for this devastating move down? Hold my beer pls ---- No financial advice, do your own research, don't be stupidShortby NastyBeer2
Crypto extremes - generational buying opportunity Major trend is bullish. Thats the good news. 700bn can evaporate and still be bullish. Thats the bad news. Jokes aside, we are indeed approaching some interesting confluence on high timeframe with all the heat and fud spreading around. Here or around -3% to -5% from these levels is the ultimate market entry. If I'm wrong and start trending below that diagonal line? - than it;s time to pack up your bags and let crypto do its thing and come back after 2-3 years. Generational buying opportunity ahead of us ladies and gentleman. LFGLongby MarianusInconnuXUpdated 225
I don't need to look at the charts anymore "no trades til 2023" i don't need to look at the charts. Not one crypto currency has went up in value and held value this year. almost every crypto has a 50% to 75% correction after a big move like this. I can read economic statistical data and say this with absolute certainty the market has not hit bottom yet. economy is in a recession and expect a strong bearish divergence in global markets moving forward toward march 2023. fuel shortage, food shortage, intermittent blackouts in the energy sector is possible, inflation on goods and services could spike 50% to 90% by January 2024. midterm elections in the United States will spark an outrage from the public eye. Alot of shady deals in secret and political pressure on a global scale is in extreme fear. March 2023 could bring some relief after some much needed debate over global issues we are facing. Waiting until 2023 is the smartest choice in our opinion. Trades are short lived and people are taking profits responsibly. There will be losses and gains from rushing in too quickly to the markets be careful everyoneShortby XcommandUpdated 226
Bitcoin analysisHello friends, I hope you are well. Regarding the condition of Bitcoin, I see the two scenarios that you see in the chart as probable. The first is the green scenario and the second is the blue scenario. In my opinion, considering that all three indicators of Bitcoin Dominance, Tether Dominance, and Altcoins Dominance are in a falling state. The only justification is that money is leaving the market, the dominance of all three indicators is falling, and when we look at the total market chart, we see that total is also falling and it seems that money is leaving the market. As a result, I still believe in my own analysis from a month ago and I think the market will fall from here or a little higher towards $12,600. Friend, thank you if you encourage me with a beautiful likeby yangomk44119
Bitcoin: Life Changing Event IncomingWe don't need a lot of analysis to spot what is going on here. On the Weekly Ichimoku chart for the Total Market Cap, we can see a rare event coming that has not happened since November 2015: both price and the Chikou Span crossing above the Kumo. This event is rare, but it is almost always a signal of a prolonged and powerful bullish trend - not just in cryptocurrencies but in any market. This bullish signal has occurred only four times in equity markets since 2010. No doubt this move will generate a life-changing bull phase. Did you miss the lows in 2012? Did you miss 2015? Did you miss the lows in 2019? If both price and the Chikou Span can close above the 300 billion value area on the weekly chart, get ready for one hell of a run.Longby itsjustanalysisUpdated 2234
CRYPTO week ahead: November 14 – 20Last week in the news Last week`s downturn on the crypto market was under strong influence of negative developments with FTX cryptocurrency exchange, which filed for bankruptcy as of the end of the week. Bitcoin finished the week above $16K, while Ether manages to hold above $1.250 support. The dust about FTX cryptocurrency exchange began at the beginning of the previous week, with news that Binance exchange is considering to take over the FTX exchange, which was struggling with liquidity for some time. After Binance officially announced that the company does not have intention to buy the FTX, the clients of FTX started withdrawing funds pushing the exchanger into significant problems. Within a few days, one of the largest exchangers on the market, with a valuation of $32 billion, filed for bankruptcy. Voluntary proceedings currently include approximately 130 affiliated companies. Market reaction was swift and negative as nobody can tell with certainty all the potential future effects of FTX`s bankruptcy. As CNBC is reporting, the FTX has more than 100.000 creditors, and liabilities above $10 billion. While FTX clients and creditors are concerned whether they will be able to withdraw their funds any time soon, the regulators are voicing a need for the crypto market regulation. The JPMorgan research team noted last week in a letter to clients, a significant increase in deleveraging of the crypto market, caused by the collapse of the FTX exchange. They are implying a high probability of the cascade of the margin calls, similar to the one already occurred with the collapse of Terra. In this sense, the Bank is noting probable BTC bottoming around $15K, with some probability for $13K to be reached. Cathie Wood continues to be optimistic about the crypto market in the long run. Her company, ARK Investment ETF, used the current market downturn to increase the number of shares of Coinbase, by purchasing additional 400.000 shares. At the same time, Coinbase stated that it has only small exposure toward the FTX in terms of operating deposit. Equity markets in the US performed in green during the previous week, after the official US inflation figures were published. The inflation reached 7,7% on a yearly basis, which was lower from the forecasted 8%. Figures are showing that FED's rate increases during the previous period are finally reflecting in the economy, and slowing the inflation. This has increased investors' confidence that the FED might start easing further measures to cope inflation, including slowdown in future rate increases. Crypto market cap For one more time the crypto market exposed its worst weakens, which is called liquidity. The fragility of the market this time was triggered by the bankruptcy of one of the largest crypto exchanger FTX. When the news hit the market, significant number of its clients were trying to withdraw funds, bringing FTX further to the down side. The spiral then continued to the point where FTX needed to halt its operations, further worsening the clients sentiment. As FTX is a large company with significant relations with other entities within the crypto ecosystem, the current panic among crypto participants is caused by lack of information if FTX`s collapse would impact the downturn of any other crypto company or exchanger. To be on a safe side – traders and investors are closing their positions. In addition, there is significant leverage on the crypto market, hence, margin calls will be the ones which will most certainly push the prices more to the downside. Total crypto market capitalization was down by 20% on a weekly basis, where more than $200B was wiped out. Major coins on the market, BTC, ETH and BNB participated with 69% in total drop. Daily trading volumes remained on a relatively same level as week before, moving around $152B on a daily basis. Total funds outflow from the beginning of this year widened to the level of $2.182B, which is a decrease of 63% on a yearly basis. There is no coin on the crypto market that finished the week in green. The highest losers in absolute terms were the major coins on the market. BTC`s total market cap was down by more than 20% on a weekly basis, decreasing its cap by almost $85B. BTC was followed by ETH, with a drop of 22% or $44B. Third place belongs to BNB, with a decrease in market cap by almost $11B or 19%. Solana was another coin with significant drop of $7B or almost 57% within a single week. XRP had a drop of more than $6B, which is a decrease of 26%. DOGE also lost significant amount of funds of almost $5B, bringing a decrease to 28%. All other altcoins lost between 10% up to 30% in value within a single week. Considering coins in circulation, Tether lost some 2.8% , while Solana and Filecoin increased their circulating coins by 0.9% both. Crypto futures market Considering significant negative news during the previous week, the crypto futures market could not perform better from the spot market. Both BTC and ETH futures were traded significantly lower from the week before, with higher drop within shorter maturities. BTC short term futures were traded some 25% lower during the week, with December this year ending the week at level of $15.6K. Longer term futures were traded down by some 12%, where December 2023 dropped below $20K and ended the week around $18.6K. ETH short term futures were also down by 25% on average, same as BTC, where the price for December this year was closed modestly above $1.2K. On the other side, longer term ETH futures had higher drop from BTC`s, bringing down prices by some 15% on average. There has been a significant drop in prices for December 2023, where these futures ended the week holding at $1.3K. by XBTFX4
Total Market Cap update$1.3T early 2023 with possibility of seeing above $1.6T by mid 2023Longby barendscrypto336
Crypto could get UGLY3 weeks ago we saw fakeout from major bear edge getting sent down to slide the edge until a minor uptrend was established Now seeing this minor uptrend rejected on the parent downtrend resistance we can see that this downtrend's support and bear edge form an average level at the June low support This level also matches the downtrend fib extension 1.618 What is most alarming is the latest rejection can also be interpreted as confirmation of 786 fib extension and intent for full extension... taking the optimistic doom case we can expect ~20% down on total crypto cap full doom call would be full extension ~40% down Shortby SwissMailUpdated 8818
CRYPTO MARTKET CAPSHORT till 500B market cap, should see BTC at around 12K and ETH around $880Shortby Surfffsta1
TOTAL Crypto Market Cap Bullish ABCD and CypherThe TOTAL Market Cap looks to be ready to target back up to $2.16 Trillion Dollars from here in the coming Weeks-Months based off the presence of a Bullish Cypher and Bullish ABCD Confluence Zone Visible on the Weekly Timeframe. The ideas in the Related Ideas Tab below are also relevant to this analysis of TOTAL.Longby RizeSenpaiUpdated 2
Cryptos are here to stay- Don't follow the price but follow the innovation. - in 2018 Crypto market reached $750 Billions, in 2020 it reached $3 Trillions. - of course cryptos are still nothing if u compare markets with the actual netted value of derivatives. $600 Trillions. - if u followed some recent news about IRS : - The Passage of the Inflation Reduction Act signals the hiring of 87,000 IRS agents and the bill specifically calls out crypto assets. - $80 Billion of funding is allocated to the IRS budget over the next 10 years, signifying a 75% increase on a yearly basis. So are you thinking govs will hire more agents to tax a dying system. think about it. - According to Fibo the next bullrun will lead Crypto Markets around $10 Trillions. - Be ready for it but be ready also for taxes and regulations. Feel free to comments! Happy Tr4Ding !Longby thecryerUpdated 3319
CryptoMania- in 2018-2019-2020, Cryptos markets fluctuated bewteen 100 Billlions to 400 Billions. - At the start of this BullRun, we got a push of 2000%! Rockected to 2.5 Trillions ! - Now and it's totally Logic that we retraced 50%ish and back to 1.20 Trillions, according to Elliot Wave, we just finished Wave 4 Retracement. Remember always that Cryptos are most fast than you, for the push and also for the dip ! - The Next push should propulse us to 3.5 Trillions Total Crypto Market ( +200% ish), 161.8 Fibo. - This trend is theorical but clearly possible and very preservative, i had to made it to make peoples understand that we are just at the beginning of this fabulous Journey. You are parts of the Web3.0 Story, Defi, Decentralisation, Swap money from your computer and so much more is coming.. could u imagine that 10 years ago ? - With time the old banking system will be obsolet and die slowly. Don't lose your faith in cryptos! Long Cryptos, Short Banks ! Happy Tr4Ding !Longby thecryerUpdated 4440
Crypto Total MarketCap ANALYSIS , 1 DAYI published the crypto market Cap analysis for you If we pay close attention, we had a stop hunt earlier in this area which led to an increase in the market volume, and the same thing has happened now. In my opinion, we will see an increase in volumeLongby Pouyan_tlb7