BTC/USD vs USDT market cap The big question is, will bitcoin follow Tether market cap? - I guess so.
Marketcap
Crypto market cap going bullish !!! We have a lot of good signs going on this graph: we have a upwards trend, the news from the bitcoin halving, we are up the EMA's, we are up the trend line and testing it right now and the RSI is not oversold yet. Keep your eyes opens guy's!
Total Market Cap giving us a clueNotice the exact date the horizontal resistance meets up with the ascending channel.
Top before the crash and the very bottom
BTC. Will BTC actually go down? No, maybe?This is something I’ve never considered. What if we just look at highs and lows. Forming a flag(triangle) what if the steeper side is the side the market will go towards.
Just sharing ideas. I think it’s going down, considering the amount of market time I’ve seen, I just want the truth. I don’t get too many of these moments. I maybe be wrong. But If it’s true and consistent that’s an added tool to the box.
Mcap Fib TransitionTotal market cap fib transition fractal
Outlined in blue ellipse is the fractal which shows a sharp bull run through the Fibonacci transition (between Fibonacci levels E.g 0.5 > 0.786
Haven't done a BITCOIN TOTAL cap in awhile thought it was time
several technical reasons for growth 📈I forgot to mention altcoins in my Bitcoin forecast.
1.First og all, it’s worth to note that the monthly Bitcoin chart indicates a rapid growth, which means that in general the market segment will grow
2. altcoin dominance chart looks bullish too and technically we have:
1. confident rebound from a strong support zone ✔
2. H&S pattern ✔
3. possible pennant pattern ✔
4. expanding formation ✔
5. crossing MACD.
so everything looks pretty bullish for low cap altcoins. 🚀
thanks for reading it, drop a like or comments and check my monthly forecast for bitcoin
Altcoins - Market Cap AnalysisBy taking a step back, we can see that Altcoins have been struggling since early 2018, which is at the time of the global sell-off in cryptocurrencies after the 20k $ bitcoin rally.
Now, 2 years later, Alts market cap is getting close to a double support : a first one ascending since 2015 who have not been broken since then. The second one is horizontal, who was first a resistance back in July 2017 and became a support in December 2018 and again now in march 2020.
We can also see a descending triangle shaped by a 2 years resistance, which is a bearish sign.
Now I see two scenarios:
- A breakout below the two supports would mean the Bitcoin maximalists were right and altcoins could not find enough use cases to exist at the side of Bitcoin
- A breakout above the resistance, and a new altcoins cycle.
What do you think?
⚡ Don't panic! Long-term support is not broken• Now many analysts say that the long-term support line on BTC is broken.
• Yes, it is on BTC, but I recommend watching support/resistance on the marketcap chart. Here we see that the price has returned to the mean — the last stage of the bubble deflation.
• I expect that we still have time until the end of the summer or the beginning of autumn in order to have time to buy at a good price .
When the price breaks the upper border of the channel, we will see a sharper increase, and we will not return to 6k.
Good luck guys!
Which of These Top Market Cap Coins Should You Trade? [In-Depth]During extreme market volatility and outside influence, doing Technical Analysis (TA) can be extremely difficult. The markets move very aligned and if you'd be trading, you'd never be trading a single coin. You are trading the market.
We can look at it from a strength rank point of view, where we put all major market caps in a row, and compare how to put up against eachother over time. In this case ETH took the largest losses and BTC is currently on top, confirming it's status of the gold of cryptocurrency.
During downtrends it's advisable to hold the strong coins, in this case think BTC, BCH, or XRP. But during uptrends the biggest gains could be made by weaker coins, as they have more opportunity to recover percentage wise. During those times ETH, ADA, and EOS are great candidates for trading.
Follow me for consistent high quality updates, with clear explanations and charts.
And please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Recent success stories:
Crypto Tests Positive for Corona VirusShowing the total crypto market cap chart here as there have been no cryptos safe from annihilation. First we had the sniffles and mild symptoms but now were quarantined and left to die. Bag holders may be feeling a bit grim today! If thats you then realize you decided to take some big risks - I respect you just for that - do not give up just yet!
Many will sell long held bags at a loss. Your money = your responsibility!
If we fail to hold a total market cap in the $160's billion range we will quickly fall another $30 billion give or take. Its worth pointing out that the $130 billion area is exactly where we were last year.
If anyone who reads this is affected by this illness or someone you love is I wish you peace and prosperity in this life or the next!
Market capSo what is happening in these days?
why the bears are so strong with this sharp price declining?
why the whales are putting out their assets?
There is not a certain answer for these questions but with no doubt the price will decrease when there are enough people to sell their assets to whales that is the potential for whales to enter the market and move the price.
It is hard to predict when this will happen but we can minimize our loss with stop losses.
ETH cap wide trading rangeETH cap can be seen to have a wide trading range, as indicated by the support and resistance provided by the parallel channel that is currently present. Massive opportunity for upsides.
BTCUSD - Why it could drop the next 6-12 monthsThere was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot.
Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal.
Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through.
The lagging span (green lagging line) on the left crossed the priced, which is typically a bearish sign. Falling through price with force would be more significant, but still a good signal.
Not on the chart:
- We closed below the 10 SMA and 21 EMA.
- The weekly doesn't look good. We need to see how it closes tonight. Closing below 8750-8800 would be really bearish.
- The Total2 chart for Altcoins got heavily rejected in the monthly chart with a gravestone doji. I expect at least another 30 Billion to leave the market.
That being said, with or without halving I believe Bitcoin is going to have a hard year, confluencing with the current situation in the world and the struggling markets.
Happy trading!
BTC and the whole crypt denouement is close!Hello.
After market breakdown, the market capitalization goes to support testing.
If we manage to fight back, we will begin to dynamically move upwards with goals of 400 billion in capitalization, and up to $ 16,000 -18,000 in BPS.
But if we do not break through, then you can see at least 5k.
So the denouement is close.
Write in the comments where you are more inclined)
THE Cryptocurrency HyperwaveRSI right now corresponds exactly with that of Feb 2016, just before the 16 halving.
Cryptocurrencies will signify the next DOTCOM boom x70.
Everything is possible, nothing is impossible.
In a few years, people will come back to see this chart and gasp.
Although I wish to see the future, I simply cannot.
This chart is a mirror of what the next few years will look like.
A complete paradigm shift. People sold their houses and cars in 2017 to buy Bitcoin.
People will be selling their bodies to get into the next cryptocurrency hyperwave.
Human greed will be on display like never before.
Do not forget, it will all come crashing and burning at some point.
Just it has always done. Just as it always will. This is how cycles work.
LONG GLOBAL MARKETS FLOW INTO BITCOIN 2020If a black swan event is in play BTC will become the Sovereign fast safe haven for investors.
The world is switching from analogue to digital so to speak.
50K could be on the cards
cointelegraph.com
cointelegraph.com
www.cnbc.com
finance.yahoo.com
blockonomi.com
bitcoinist.com
www.youtube.com
COINBASE:BTCUSD
BITSTAMP:BTCUSD
BITFINEX:BTCUSD
BYBIT:BTCUSD
GEMINI:BTCUSD
BITTREX:BTCUSD
FOREXCOM:BTCUSD
BITBAY:BTCUSD
CEXIO:BTCUSD
OKCOIN:BTCUSD
CURRENCYCOM:BTCUSD
BITFINEX:BTCUSDSHORTS
BITFINEX:BTCUSDLONGS
BINANCE:BTCUSDT
BITTREX:BTCUSDT
POLONIEX:BTCUSDT
HUOBI:BTCUSDT
BINANCE:BTCUSDC
COINBASE:BTCUSDC
BINANCE:BTCUSDTPERP
COINBASE:BTCGBP
COINFLOOR:BTCGBP
FOREXCOM:BTCGBP
BITFINEX:BTCGBP
CEXIO:BTCGBP
BITBAY:BTCGBP
BITFINEX:BTCGBPSHORTS
BITFINEX:BTCGBPLONGS
BTCCHINA:BTCCNY
COINBASE:BTCEUR
CRYPTOCAP:BTC
OTC:GBTC
BITFINEX:BTCUSDLONGS
Real Alt Season Will Start In MarchI just posted an analysis on the queen of alt coins - ETH.
It matches perfectly with my longer term analysis of the alts market cap (crypto total market cap excluding BTC).
You can find the ETH analysis in the related ideas.
I do expect alts to pump a bit more until we get to the 115B area, then drop to about 85B area and from there we start the massive run.
If we fail to keep support of the 55 Daily EMA or the horizontal level of 85B, then we're in trouble ;)
Crypto Market Cap on the rise with upcoming Golden CrossTotal Market cap of all crypto is 270 Billion as Im looking at the chart on 2/6/20. We surpassed the previous resistance of 250 Billion on January 28th...and now our next resistance is at 300 Billion...but we are also forming a golden cross and looking back at history, when the previous golden cross occurred April 19th 2019 we went on a 130% upward tare in market cap from approximately 160 Billion to around 388 Billion....Bitcoin went from approximately 5200 to 13800 per coin during that time. It looks like a new golden cross is forming....could we make a similar jump upwards? I think we could, so many things are aligning. Upcoming halving + golden cross = huge potential
For you that don't understand what "golden Cross" means here is a quick explanation:
"In the trading world, a Golden Cross occurs when the 50 day moving average rises above its 200 day average. This is typically a telltale sign of bullish sentiment for a stock, reinforced by high trading volumes. Technical traders will often buy stocks in the moments following a Golden Cross and sell when the trend reverses into a Death Cross."
Remember trading is a risky businesses. Protect your capital at all times! It is a probability game, no amount if technical analysis make price movements a guarantee. Pick your spots, place your stop loss. Good luck!
LTC market cap shows deception It looks like alts season, but looks are deceptive. 1.85% market cap must be surpassed to confirm Alts season for LTC. Although 1.36 appears to be the bottom, further downside is possible.
