I made some math with bitcoin here my thoughts:
MAX circulation supply: 21,000,000 pcs (the max bitcoin can be create)
Circulation supply / market cap = price.
Price * Circulation supply = market cap .
1,000,000 * 21,000,000 = 210,000,000,000,000 $ market cap haha
so if bitcoin will reach 1M all the money in the world will be in there.
after a crazy up trend we all know that a retirement will happened and it sure did!
but no how we all thought about it! anyone thought that a "fib retrenchment" to 6.18 will be enough.
we nodded a ABCD correction that it did now. could be an up trend! my guess is yess!
Let ne know what you thing in the comment bellow!
since the bounce of bah he went to "sleep" by my technical analysts that I made her what I got:
we have an up trend support that just hit it.
fib EXTENSION next target 4800.
this will be a mid term opportunity! you chose.
I will update the situation every day!
good lock safe trading!