Cryptos are here to stay- Don't follow the price but follow the innovation.
- in 2018 Crypto market reached $750 Billions, in 2020 it reached $3 Trillions.
- of course cryptos are still nothing if u compare markets with the actual netted value of derivatives. $600 Trillions.
- if u followed some recent news about IRS :
- The Passage of the Inflation Reduction Act signals the hiring of 87,000 IRS agents and the bill specifically calls out crypto assets.
- $80 Billion of funding is allocated to the IRS budget over the next 10 years, signifying a 75% increase on a yearly basis.
So are you thinking govs will hire more agents to tax a dying system. think about it.
- According to Fibo the next bullrun will lead Crypto Markets around $10 Trillions.
- Be ready for it but be ready also for taxes and regulations.
Feel free to comments!
Happy Tr4Ding !
Cryptototalmarketcap
Crypto TOTAL OutlookThere are promising sings of a recovery in Crypto markets. The black line coming from 3T is our main resistance. There are 2 scenarios: #n1 Blue line means BTC = $48K --- #n2 Purple line means BTC $27K. We currently have a good MACD and RSI. The pink line resistance of RSI comes from early 2021. If we succeed in breaking that, scenario #n1 will happen, otherwise scenario #n2.
CRYPTO TOTAL CAP. A big bleed before 2023?The current macro economic context is getting both interesting and difficult to participate. We are facing a liquidity crisis across the markets because of FEDs and other central banks' policies. On the other hand, inflation is still a beast that seemingly can't be tamed at the moment.
With that in mind, the Crypto market cap is going on the side-way in the last few weeks. No big rallies, communities are quiet, and venture funding activities are getting thinner.
On the charts, we suspect a dump might come soon, and broke down the $BTC's $18k - $20k support. If this occurs, $15k seems like reasonable psychological support to place your bid. The Crypto Total Market Cap might hit $780B - $800B when this happens.
This level of CRYPTO TOTAL CAP is also the last line of defense for the bulls. If this broke down, bulls will be forced into liquidation, making price dump further.
If things went south, CRYPTO TOTAL CAP might hit $600B zone one last time before the bull cycle begins again. This equivalent to $BTC price fell to the ~10k - $12k zone.
Chainslab do not doubt that CRYPTO TOTAL CAP will one day reach $10 Trillion, and $BTC will reach at least $100k, but it will have to visit another low first.
We truly hope that we are wrong, and that the bull market will start soon though. But winter is still going on, and investors should do everything to protect their portfolios first.
Crypto Total Market Cap The triangle pattern is completed at the desired point. (two thirds of the distance from the base to the apex of the triangle). If the price stabilizes below the triangle in the weekly time frame, the possibility of falling from these areas will be very likely.
(Personal Idea)
CRYPTO Total Market Cap on a perfect test of the 2018 Top !!Time to look at the Crypto Total Market Cap (TOTAL) after last week it made a perfect re-test of the previous Cycle's Top and is seen now rebounding. That alone is enough to make headlines but there is a number of other landmark parameters that got fulfilled that normally form market bottoms.
Apart from the previous Top line, the total market cap hit the 1W MA200 (orange trend-line), rebounded and closed the week on it. That happened during the bottoms of December 2018 and March 2020. The price has never spent more than two 1W candles (weeks) below the 1W MA200.
Also that low completed a -75% correction from the November 2021 High, which is exactly the % drop of the June 2014 - Jan 2015 correctional phase. In similar manner, the April - December 2018 and June 2019 - March 2020 phases were -79% and -73% respectively.
At the same time, the 1W RSI sequence since January 2021 is very similar to that of the 2018 Bear Cycle. A break above the 1D MA100 (red trend-line) has been a sign that the bottom is in on all previous corrections and signaled the start of the new Bull Cycle.
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The Total Market Cap Of Crypto Will 10X In The Next 3 Years!🔜🚀Using a log chart, a couple fib retracement tools and the overall-macro trend (going back to 2015), we can show that it is very possible that the total market cap of crypto will be roughly around 10.6 trillion dollars at some time in 2025. This is also a minimal projection, as that would be the absolute bottom of the trend. (Assuming macro trend holds) This goes along very well with crypto fundamentals as well, such as the bitcoin halving cycles (next halving being 2024 roughly) and the exponential adoption of blockchain technologies in world-wide industries. IMO this projection, itself, could also very-well be a STRONG understatement of the future TMC of crypto, however I am being conservative here.
Total 3 Crypto Market CapOur opinion on the market cap of alt-coins:
Currently we are not seeing big volume in the crypto space, there are selective coins making higher highs but majority of the market is down in general.
On balance of probabilities, the total market should drop by 75% to regain the energy and interest required to start a new price discovery mode.
Our bias is short for the reasons given above, and we are working on trading plans to execute when time arrives.
Crypto $TOTAL Market Cap finally seems to break out !Potential outbreak of Total Market Cap, this would be kinda huge.
Some of the bigger coins, also broke out of their downtrends, couple days ago, as I show in my idea about Bitcoin forming it's potential new uptrend.
Good luck on your trading and stay safe!
$TOTAL Crypto TOTAL Marketcap is fighting for dear life here!Crypto Totals are at a very important support/resistance at the moment, holding on quite strong.
Above the current level, good things can happen, if you are a bull in the crypto market.
Below 1.75T though, is bear territory and we might actually go down to test the heartline of that downtrend, crypto is currently in, if we can't hold our current level and rally.
Good luck with your trading, stay safe!
CRYPTO TOTAL MARKETCAP ANALYSISAll EngineeringRobo signals are bearish at this moment.It broke the up and down trend line and keep going down.If you planning to invest 10000 $ according to your portfolio management.Invest 2000$ at the support line(1,64T) , invest 5000$ when the EngineeringRobo signals turn into bullish, invest 3000$ ıf one candle open close above the down trendline.
Take the profit at resistance level (2,915T) or up trend line (about 2,7T).
Total Analyses in daily chartHi My Friends,
as you see in the chart, Crypto Total is in a uptrend channel, if we lose that it will be so dangerous for crypto at all, so many people will lose their trusts to crypto at all :)
In this days, the bad news push the Markets, specialy crypto market, The fear and greed factor is 10 today, Extreme Fear!!!
what it shows?
People ar extremly feared, 10 is very bad!!!
But ther is something that I think we do not lose the chanel,
big wallets and whales, the world bussiness changes, and political views,
do not fear and be patient
it will back soon...
what you see? what you think? please tell me
ETN FLOW MODEL 40-42K Trend Goal 2022 - all time right Until-nowHello trading friends,
Since the start of 2022, we have a new predict price expecting for bitcoin depending on the ETN tool. this price expectation is between 40-42K hit price action.
What is the ETN tool?
ETN tool has a history in Bitcoin trends and is until now right with all before expecting price targets, see the next below link to get before expecting for BTC with ETN tool.
And into the same link, you can find the history of ETN expecting of before times.
Means that ETN should show directly an effect ?
The ETN model works depending on trends, whale data, which means it can take some time before it shows the effect, but it's not a must.
For you as a trader, you can trade always long and short depending on your study, this main trend is an expecting trend depending on the ETN tool.
Know that trading has high risk on every side you trade, that's why always confirm your plan and know why you trade side.
this is not a trading call, but an open picture about the expecting from the known tool - ETN tool.
From here I wish you all a great day and best trades.