TOTAL CRYPTO MARKET CAP So my previous ideas about BTC, ETH, DOGE ETC were correct. And if this is your first #cryptocrash, expect a lot more price drops. The overall trend looks down (as shown in the chart)
Lengths of previous #Crypto bear markets:
2014-15: 633 days
2017-19: 361 days
2019-20: 260 days
#MyTwoCents
Cryptomarketcap
Thoughs on $BTC and total crypto marketWhat a run the last couple of month's, who followed me on here knows i've not been sharing any analyses for a long time. that's because I didn't feel the need to do it, we we're in full bull run and I was enjoying my gains.
buy since 3 weeks I was cautious in the market and it was justified.
Bitcoin had been flirting with the daily 50 MA for a while and so in the 55-58k range I sold a large part of my portfolio because I didn't trust it anymore. what turns out I was right on top and a 50% correction happened not even a few weeks after that.
Are we still in a bull market?
I think technical analyses can't say much at the moment, the market is so volatile.
Personally I think we are still in a bull market as the market sentiment is positive and the 'hype' of crypto is still going on.
Market manipulation?
Yes, the markets are heavily manipulated right now. never before have so many leverage traders been shorting causing us to get an unseen dip on multiple altcoins pairs. This is in my opinion very dangerous and can cause violent influence on the market as we see in the last few days. also, this can cause a kind of catapult effect that the market can recover in a few days/weeks as well.
When in doubt, zoom out on the charts and look at the road we've made!
Guys, let me know what you think will happen in the future with crypto,
i'm very curious to know your opinion and maybe have a discussion about it.
AltSeason Final Rally Coming SoonThis drop and fractal looks almost identical to the drop that happened just prior to the 2018 final run up for most Alts. Whale alerts are showing a lot of ETH still being bought on this dip, but not seeing a lot of stablecoin moving to exchanges just yet. I'm trying really hard to sell at the top for alts, and I sure as hell hope I didn't miss it. But the charts are telling me we've got one big wave up (at least) left. I know a lot of people are calling for a bull run all 2021 long, but I think this is highly unrealistic.
I, like everyone else, have had the urge to get shaken out of this crash. Looking at the Totals market cap is providing me some peace of mind, and I hope this idea can do the same for you if you're struggling with a decision.
I am surprised to see just how many whales have bailed so late in the drop, but I guess being loaded doesn't necessarily give you diamond hands.
👇👇👇👇Join the discussion👇👇👇👇
Total Crypto market cap update...update on my last analysis for the whole crypto market cap.
formed double bottom, ran up, some consolidations on the way but finally broke ATH once again heading for the 72% target at around 2.9Trillion area.
the entire market is still healthy & heading higher as of this post.
please like, comment below let's share ideas. thanks all.
ALTCOIN MARKETCAP 🪙Hey hey my friends 👋
If you have some altcoins in profits that you're happy with, we would consider closing most (if not all) once this reaches the top trend line, lock in them profits baby! 🔐
DO NOT worry if this continues higher, we will re-enter positions that are strong on the re-test of the breakout..ALWAYS HAVE A PLAN..this is ours & we win ✅
Crypto market capI see the trend of the market ascendent for now, but as you see it breaks down from the channel so ganna falls forwards to Support lines. IF the market keeps growing up it's good for both BTC and alt traders. Holders have just to hold. bad and good fundas are important on these days.
!!BEARISH ATTACK!!Greeting from IRAN to all trading community 💙✔
Total market cap was moving through an ascending channel since 24th March
After a while of struggling, 1.8T dollar major level got broken and total market cap started an attack to reach 2T dollars
2T dollars got broken and green days came for cryptocurrency world
Total market cap has reached a new ATH (~2.2T Dollar) , after that we witness two other attack to this level which both was unsuccessful
Price made a (Triple Top Pattern) and BOOOOM
Bears got control of the market and dropped the chart to its major support level at 1.8T Dollars
It's time for bulls to bring back the market cap above the 2T Dollars
Use these RED DAYS for investing because better days in on the way ....
KEEP IT SIMPLE :)
Crypto Market Cap - $32 trillion in range! Gold in danger!It took the crypto market 12 years to achieve $1 trillion market cap on 6 Jan 2021 (BTC was launched on 3 Jan 2009).
How long did it take for us to double that to $2 trillion? 3 months (6 Jan to 10 April 2021).
What does this tell us? We are going exponential and this ride only started. Massive adoption is taking place at an unprecedented rate.
The first big question was if this large wedge in blue that we have created since Jan 2021 would break up or down... well, we have our answer now. We broke up and with it, we passed the $2 trillion market cap. 🙃
This is a very bullish signal given by pure price action. There is no fundamental analysis needed here, price is clear. We are going higher and fast.
At this rate another doubling of price will take us to $4 trillion or almost HALF the market capitalization of gold or three times that of silver!
Lets see how fast we double again, normally it should be in less than 3 months...
Where am I getting at? If we are to project a similar increase percentage wise like last bull market (2015-2018), the crypto market should top around $32 trillion. Impossible most will say. I think it's just a matter of time, if not this bull market, the next for sure.
Regardless, this is a clear indicator that BTC and the alt market have massive gains still to be had, so enjoy the ride, this party ain't over, it just started baby. The parabolic gains to come will make history.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
$XRPUSDT Ripple PT 2 and higher XRP Doubles in 7 Days, Heads for Biggest Weekly Gain Since December 2017
XRP, the digital token used in Ripple Labs’ payment network, headed for its best weekly performance in more than three years, after doubling in the past seven days.
Prices for XRP (XRP) are up 118% in the seven days through April 11, according to TradingView, using pricing from the Bitstamp exchange. That’s the biggest weekly gain since December 2017, when the token jumped 215% in a seven-day period.
XRP struggled toward the end of 2020 as Ripple faced allegations from the U.S. Securities and Exchange Commission that executives raised more than $1.3 billion through an unregistered, ongoing digital-asset securities offering.
But prices for the token have climbed six-fold this year as some traders looked through the SEC case and analysts saw bullish patterns in price charts.
Peter Brandt, an analyst with over four decades of experience tracking commodity markets, predicted last week that new all-time highs could be seen for the cryptocurrency in the coming months. Brandt identified a pattern in XRP’s weekly price chart that he described as a “possible inverted head-and-shoulders with a stunted right shoulder.”
The pattern “would indicate prices a boatload higher” to new all-time highs, Brandt, CEO of Factor LLC, tweeted Friday.
There’s a wide range of views on how to calculate XRP’s market value, due to questions about the outstanding supply of tokens.
According to the CoinDesk pricing page for XRP, the token has a market capitalization of about $140 billion. CoinMarketCap.com puts the “fully diluted market cap” at $140 billion, but the actual market cap at about $64 billion. Messari, the cryptocurrency analysis firm, puts the “reported market cap” at $52 billion.
Altcoin market cap analysiswe have been seeing altcoins and altcoin adoption grow rapidly since last year, I believe this year and altseason we are just beginning will be even greater than the first one back in 2018! we saw a 917% increase in market cap in 2018 and i think we are definitely going to see an altcoin market cap of 1 Trillion atleast! Because a lot more retail investors are interested in Altcoins rather than bitcoin and because this year and last year had the biggest increase of new crypto investors ever. 1T market cap seems very doable and i see that as conservative, once we do hit 1T which will be a massive milestone, i think we would see a lot of people, companies, institutions start to look at altcoins and realize the potential they have. That alone i think will send us even higher most likely to 1.5T and beyond! a rise to 1.5T would bring us a total 1096% gain and aprx 530% gain from right now. Nfa just my opinion!
Chainlink $LINKUSDT Target PTs 35-100 long term Chainlink Price Forecast: LINK primed for a 30% advance
Chainlink price struggling with short-term resistance at $32.00.
Whale transaction count registered a spike on April 2.
Topside trendline comes into play around $42.40.
Chainlink price trended sideways for more than a month and on below-average volume every day, but one. The price action in mid-February, early March, and now point to $32.00 being a psychologically important level. If the level is overcome, the altcoin should rally more than 30% in the coming days.
Chainlink price bottoming out versus Bitcoin
Data from ByBt.com shows that Grayscale bought 115,570 tokens for the Grayscale Trust from March 17 until April 1, which included a large 65,570 purchase last Thursday. Heavy buying like that gets the attention of market participants and may have been behind the 8% on April 2.
Santiment data showed that the number of mid and large holders owning 100-100k LINK tokens notably accumulated during March. Additionally, the so-called whales holding 100,000 to 1,000,000 LINK tokens increased 6% from April 1 - April 3.
The March high was $32.00, and that is the level that LINK has been struggling with over the last few days. A trade above $33.15 will confirm the April 2 breakout and set the stage for a quick advance to the February high at $36.92. The next target is the 2.618 Fibonacci extension of the August 2020-September correction at $40.53.
A 33% gain would accompany a rally to the topside trendline at $42.51, which was resistance at the February high and resulted in a rapid 40% decline. For now, LINK should not be reviewed as a trend trade but a short-term opportunity.
The first level of support is at the intersection of the rising trendline and the 50-day simple moving average (SMA) at $24.83, followed by the February 23 low at $21.00. The last gasp support level is the August 2020 high at $20.00.
Total Crypto Market Cap Looks like 2T+ could possibly be ahead,
Rising wedge might be forming,
Breaking out of that channel would validate a breakout
Both scenarios are still possible but in my opinions,
We have a lot of adoption in crypto right now, good things are happening a lot of money could possibly enter the crypto space.
DeFi is shaking the financial system offering unique high annual yields attracting liquidity by catching the eyes if a lot of big players!
Big institutions are getting involved
VISA for example is introducing USDC to their platform, this is in my opinion earth breaking news.
news.bitcoin.com
without mentioning influencers getting involved in NFT’s, artist my start selling art such as albums and paints. Sports leagues are getting involved..
A lot of money could potentially be made.
This is not financial advice,
Feel free to leave some constructive criticism,
Follow the money
9to5
$CryptoCap - time to prove your worth - alts to thrive?Previously we saw breakouts on this 'altcoin dominance' chart meant alts ran pretty damn well against BTC
E.g. DeFi summer 2020 where any coin with finance in its name would 10x
E.g. new year ape szn where 80% of coins 5x
I think the second example is not done yet though
Market just saw a massive correction in alts again and if this 1W candle holds the breakout and the 0.5 this cryptocap chart would suggest alts have momentum to grow against BTC
As BTC also looks decent - bull flag is brewing etc. this could be an explose couple of months especially when the DXY's track-record for April is poor
Time to find some plays on some alts by the looks of things