Crypto total market cap 45 % drop soon. Be ready!
Updated
Total crypto market cap broke bearishly as Bitcoin did.
We expect a short term bounce and getting rejected at the strong resistance.
Final target for bears: 585 - 600 B
After that we expect the real accumulation face and the new bull market to start.
P.S Don´t get overexcited with a short-term bounce
We expect a short term bounce and getting rejected at the strong resistance.
Final target for bears: 585 - 600 B
After that we expect the real accumulation face and the new bull market to start.
P.S Don´t get overexcited with a short-term bounce
Comment
Good progress so far.Comment
The price got rejected close to resistance and bounced from the support to get rejected from the resistance again and broke down the support. Currently the price is traded below the support which should be acting as a resistance now. Reaching final target may take a few weeks or event months therefore patience is required. Anyway, good progress so far.
Comment
Be ready! The market looks like it's ready to capitulate soon. Positive corelation with SPX which is bearish makes it even more likely!
Trade active
Dumping hard. No Santa Rally this year!Comment
The key support has been reclaimed. The price may go higher now. Not looking at 580B anymore . We will monitor the situation and keep you posted.
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