We are at a key point of resistance on the crypto total market cap chart. The bulls will likely break through resistance and continue with the general near-term stock market uptrend. This is a bull market trap. Expect crypto markets to move in tandem with the stock market.
Note
Crypto is moving in tandem with the stock market as predicted. Bulls failed to break through a key point of resistance. Expect to see further declines.
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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.