Let's start with the fact that the ETF news would not bring new capital to Bitcoin. The reality is that the stock market planned to use Bitcoin's capitalization to buy shares. This is a transfusion from two glasses where the volume of money supply remains the same. I wish those who are buying at the top now good luck. Short argumentation from history shows that...
🔷 Before anything else, you should know that the TOTLA symbol represents the total value of the market, including Bitcoin and other altcoins. The total is forming a large diametric on the daily time frame. It seems now that we are in wave E of this diametric and we can go up to the red zone, but a pullback is needed to the green zone.
*Ignore the cluttered chart lol, look at the RSI study. In Sept 2023 RSI showed an IHS and now it's painting a H&S, I think the FOMO is pretty unreal. Most are worried about missing the ETF launch, I think it's ripe for a rug. I do think the EVENT is priced in, a lot say that the demand isn't which I agree but I think the launch will be a seperate event. I...
Hello dear traders. Good days. On monthly Gann Square, Total market didn’t grow more than 0.25 of Monthly Gann Box level price and it can try to test at least 0.5 Monthly Gann Box Fib level which will be 2.55 T $ . It can grow beyond to test 0.618 @ 2.91 T $ Or even try to reach itself to 0.75 Gann Box Fib Level which will be about 3.4 T$ . Weekly and Monthly Gann...
CRYPTOCAP:TOTAL Hi fam, Okay, 1.65T $ was lost due to FUD from the ETF rejection report leak and the market dumped to MA50 in D1 at 1.50T $. This was good from different perspectives. Funding rates are mostly reset. The fear and greed index cooled down a bit and dropped from 70 to 68. Today we had a good recovery in the market and the TOTAL market cap reached the...
BTC moves fully as it did between the 2nd and 3th halving (2013-2017) ! 3-6x growth expected till mid 2025 ! Target between 160-215k$ / BTC ! Not and advice - DYOR ! INDEX:BTCUSD CRYPTOCAP:TOTAL
US attorneys plan to sell the remaining 41,491 Silk Road bitcoins, valued at $1.8 billion today, in four batches over the next two months. The closing of financial statements for 2023 also speaks in favor of the sale. You should be careful with longs. Until I see a solid bottom test there is nothing to say about growth.
The current structure forming at this low is very similar to the structure that formed very early in the crypto market (45M) which led to a bull market towards (428B). I believe we will see another massive growth period pushing the market cap excluding Bitcoin well into the T areas.
Im just thinking about possible differences in time due to both the economic situation now in the world, high inflation and interest, but also SPX is challenging ATH. I believe the previous 1year + with economic "trouble" has been 1 thing and 1 thing only: paying back for the amounts of cash printed during covid. Of course there would be some back paddling after...
Looks like the entire altcoin market is about to take a breather for a month or 2 before it is about to go into its parabolic phase. My guess is take profits around the beginning of Q4 2024.
TOTAL (crypto market cap) is low key crawling up -- and barely no one will notice this. It has finally poke the downtrend line after 5 days of heavy correction. It's still a small increase about ($100M added to TOTAL) but enough to take a closer look. It may give us a hint on what's coming for next week -- and for the whole month of May. Spotted at...
Hello. The last week before 2024. Many companies are closing their mega-profits in fiat. The dollar has hit bottom (DXY) and US10-3-1 year bonds are starting to turn green again. The dragon pattern on Bitcoin allows us to see an imminent reversal in the market.
BINANCE:THETAUSDT is forming another resistance retest and in fact it can be considered an attempt to change the bearish trend. The chance of success is quite high as several key patterns are forming. On the high timeframe, the coin finds a clear bottom and the triple touch pattern confirms the area. But the price still has a long way to go for a trend...
Shorts have been getting their pants pulled down for too long :) We may have reached a point where a pullback may be necessary and even healthy. (Some coins will still do well of course, but will be fighting the general tide of the market) Included a couple zones where could correct to.
TOTAL TOTAL is the total market capitalization of all cryptocurrencies. On the chart, after a long accumulation since May 2022, we see the first glimpses of growth, as on TOTAL2. For overall growth, you need to break through the red resistance at 1.281 and gain a foothold above it. After this, we will have the opportunity to take the following targets: 1.434 -...
TOTAL (cryptocurrency market cap) calculation in the short term: BTC Market Cap. Forecast: 870B ETH Market Cap. Forecast: 360B TOTAL3 Forecast: 750B so TOTAL Forcast= 870B+360B+750B=1.98T ~ 2T @JalilRafiefard December 22, 2023
take partial profits, Don't lose your hard-earned money and invest in again when we reach the buying range.
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 0.6713 and 0.5982 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?