This is the total Crypto Market Cap chart, the Golden Cross which happened during May, 2020, is still valid and as a result the total market doubled 12X, now we got to keep a sharp eye at the EMA 50 & 200, hoping that Death Cross will not occur
Hope that the corrective wave (2) is completed at $ 1.188 and looking to see the bullish wave (3) is activated which is targeting $ 4.50 as an easy goal where its promising goal will be $ 8.00
Another issue has to be considered which is that Cardano is experiencing a Death Cross at the current bottom as EMA 50 already crossed down EMA 200, therefore, and incase...
It is assumed that wave (1) has completed at the historical top of 69,000, so BTC experiencing the bearish wave no. (2) which is targeting 37,500 and by worst 33,500, so we might see a bull correction toward 58,500 & 64,000 then return back to the bottom targets before the hiking season starts where we have big targets
The happy scenario, is that the bear wave (2)...
I suppose that wave up 3 is completed, and now the correction down wave no. (4) is active, so good bottoms to release buying positions are: 1.50 / 1.20 / 0.80 / 0.58
