TOTAL looks very controversial, please pay attention to that it is under the D TF's bottom channel. And there is struggle for several days to go upper. As usual, it more money could be poured in, same as more money could be withdrawn out.I hope that BTC price go down to 17 thousand immediately, CTMC has to be reduced to 779 billion. To support my hypothesis i'm taking into account that MA line has not touched the bottom yet since last max, while RSI touched once the bottom and showing healthy state, but it could do double bottom too.
Not a financial advice.
Trade active
Market Cap is going downward due to the withdraw of massive money from the assets. idea of CTMC going to 779 billion once again is still active.Trade closed: target reached
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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.