Total Market Cap
Reviewing the previous analysis, the resistance range of the Cap Market chart was around 2700 billion, but before the market volume approached this limit, it entered a relatively large correction.
Accordingly, considering the analysis of Bitcoin and the possibility of breaking the support of 45,000 in that analysis, by comparing both indicators, it is possible to estimate the stabilization of market prices in the current range.
But in the event of a break in support, the $ 2.1 trillion time analysis will be completed and the downturn forecast for the next 20 days is expected to occur sooner.
Finally, by examining the other announced indicators, we will try to reach a more comprehensive conclusion in this regard
The Bitcoin Dominance Chart as well as the Market of Altcoins will be reviewed and presented soon.
Reviewing the previous analysis, the resistance range of the Cap Market chart was around 2700 billion, but before the market volume approached this limit, it entered a relatively large correction.
Accordingly, considering the analysis of Bitcoin and the possibility of breaking the support of 45,000 in that analysis, by comparing both indicators, it is possible to estimate the stabilization of market prices in the current range.
But in the event of a break in support, the $ 2.1 trillion time analysis will be completed and the downturn forecast for the next 20 days is expected to occur sooner.
Finally, by examining the other announced indicators, we will try to reach a more comprehensive conclusion in this regard
The Bitcoin Dominance Chart as well as the Market of Altcoins will be reviewed and presented soon.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.