Looking at BTC market cap we can see that we have reached 200 Billion dollar level and it is exactly the level that we have top out on february 2018. but in price we have some way to go. it is really hard time for shorting bitcoin but i think may be we have topped out in we should see a big big correction or a new bottom below 3100 usd. be cautious.
Note
this level coincides well with 50% of the move that we saw from 20K to 3K.
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.
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.