Total Market Cap Analysis – What’s Next?
There is a Technical Analysis of the Crypto Total Market Cap.
You can see a falling wedge in the 4-hour chart from the last 2 months.
If the market follows the falling wedge the next targets will be 100B-105B and we can see a drop in the prices of all major cryptocurrencies.
If the Total Market Cap breaks the falling wedge the next targets will be 135B-143B and we can see a spike in the prices of the top 20 cryptocurrencies.
The upside potential of the crypto market is high and good news coming daily. Recently the Philippines Union Bank installed a Bitcoin ATM.
The market is very close to finding a bottom or we already have one who knows. $3000 is good support. Bears are almost exhausted and maybe we entering the accumulating period.
Trade Less Trade Wisely.
Long Bitcoin Short The Bankers
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