Bridge view of Total cryptocurrency chart. No new bridge lines formed yet. Not sure when they will. All various on the measurements do not form new lines yet. All moving average lines have no committed to anything and the market is moving gains.
The amount of capital in crypto is at a determining point and with the failure of the support of 2.537T, we can witness the withdrawal of capital from crypto, which will cause the price of the entire crypto market to fall, the least of which is in bitcoin, and most of it in altcoins and the most We will see the effect in the memes
So, with the failure of this...
Why Crypto Markets Sometimes Pump on Sundays: A Global Market in Motion
The idea that Sundays are boom days for crypto prices is a persistent one. While there can be occasional weekend surges, it's not a guaranteed bonanza. Here's a deeper look at the reasons behind the Sunday pump theory, including the role of global time zones, and why it's important to...
Overview:
The TOTAL market cap is currently at a critical juncture, testing the bottom of the range resistance level at $2.5 trillion.
Recent price action indicates volatility and uncertainty, highlighting the importance of careful analysis and risk management.
Key Insights:
Recent Rejection: Two weeks ago, the TOTAL faced rejection at the $2.7 trillion level,...
Last week in the news
Based on the news from the previous week it seems that major central bankers are slowly reaching their pivotal point. The Fed`s view on potential three rate cuts during this year moved the markets to higher grounds. S&P 500 reached a new all time highest value at 5.234. The US Dollar gained during the week, while gold was holding grounds...
In Feb, 2021, while enroute to the 1st ATH that year, The TOTAL chart saw a -29% pull back that had many questioning if that was it for the season.
This happened after a Sharp push up after PA had ranged for a while at the end of the previous Year. Some noted at the time, that the MACD was not oversold yet and so a potential for more existed.
That pull back...
CRYPTOCAP:TOTAL looks very controversial, please pay attention to that it is under the D TF's bottom channel. And there is struggle for several days to go upper. As usual, it more money could be poured in, same as more money could be withdrawn out.
I hope that BTC price go down to 17 thousand immediately, CTMC has to be reduced to 779 billion. To support my...
📊 Market Overview:
Recent Movement: The TOTAL cryptocurrency market capitalization faced rejection at $2.70 trillion and is now retracing to test lower support levels.
Current Situation: The next major support is anticipated in the range of $2.05 trillion to $2.20 trillion.
Alts Potential: There is a belief that altcoins will experience a significant bounce once...
I remember a time when I was feeling so good and great with my paper gains... This is not bad, we tend to feel down when we incur some paper loss.
Neither is real.
When Bitcoin is up and we have a good entry, the only way to win is by securing profits or waiting long-term... Even with the long-term wait, at one point we have to use our assets or cash-out in some...
Last week in the news
Previous week brought back inflation fears on financial markets. The US equities and tech companies ended the week under pressure considering investors fears that the Fed might take a bit more time until the first rate cut, due to persistent inflation. US Treasuries also reacted on the same issue, ending the week one more time higher by 22...
From 03/14/2024, with the release of strong inflation data from the US economy, the correction in the crypto market began, it seems that this correction will continue until the release of the next inflation data on 03/29/2024, so do not rush to buy. You have time until then .
Possible Scenerios for Crypto cap
Corrective Wave - We are close to all time High. Retracement to 1.95T is possible. Also DT and 3 daily LL candle swing Pattern.
Breakout - This is a bullish Trend and it's normal to have a correction before a break of ATH.
A Correction of 20-25% looks likely.
This is just a stupid idea but I do think we can get BTC to around 32K and we will never ever go lower than that, then ATH is around 200k+,
All altcoins will do 20x if you buy now and 50x if the market does dump.
TF: 1 Week
Money has been flowing into crypto and the total market cap for the market has been increasing over the last several months. Based on Volume Profiles and Fibonacci Retracements/Extensions, the market cap could hit ~$12B in the next year or year and half if the bullish market continues to play out.
A pullback to $1.70 to $1.80T in the near term is...
