TOTAL3 Echoes 2017 BTC Fractal Momentum Building
The current price action on TOTAL3 (Total Crypto Market Cap excluding BTC and ETH) mirrors a compelling fractal BTC’s parabolic move from Dec 2016 to July 2017. Back then, Bitcoin surged from $890 to $2,900, a +225% rally that set the stage for a full-blown bull cycle.
Today, TOTAL3 sits just above the 1T mark, with technicals hinting at a similar path toward $2.5T, also a +150% move. The structure, consolidation zone, and breakout momentum all echo that historic BTC run. With altcoins beginning to rotate and liquidity building, this fractal might be more than coincidence.
The current price action on TOTAL3 (Total Crypto Market Cap excluding BTC and ETH) mirrors a compelling fractal BTC’s parabolic move from Dec 2016 to July 2017. Back then, Bitcoin surged from $890 to $2,900, a +225% rally that set the stage for a full-blown bull cycle.
Today, TOTAL3 sits just above the 1T mark, with technicals hinting at a similar path toward $2.5T, also a +150% move. The structure, consolidation zone, and breakout momentum all echo that historic BTC run. With altcoins beginning to rotate and liquidity building, this fractal might be more than coincidence.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.