CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Hello, another indication that the retracement of BTC is normal comes from this chart. We are using the 1Tn market cap of altcoins (excluding BTC) as a floor and as a support after breaking it upwards. This is a sign of the fact that the retracement is over, or close to its end.

Not yet time to go long for me based on this chart, but still a very interesting indicator of the general trend.

(part III)

Are you a good trader but you lack the capital?
Or simply you don't want to risk it?

Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.