3 reasons why Party is over @ 1.66T Total MC Then 1.1 retest
Updated
This not financial advice.
I personally had 1.4T Max Market Cap as my original Top out and I've played it Conservatively since.
Institutional Money and Defi has caused me to change my targets that I worked out back in Sept. Of a max Marketcap of 1.4T
So indulge my brain please.
Feb.
Retest of 1.3T Market Cap
March
Picks up from 1.3 and takes to 1.66T-1.75T Market Cap the real FOMO
April
Anxiety over everything falling 50% for Bitcoin and
Alts back to previous all time high before the upswing.
We still have some life left before the April Anxieties.
I call it that simply your anxious seeing your balance go down.
Look at the chart closely.
Both greens dosent touch for the month. Followed by a shot up the following month to test the resistance.
That resistance is 1.66 T which i feel will be hit next month.
Reason #1
Income tax season will not arrive til d
First week of March. That will pull added FOMO
Money In.
Reason #2
Quantitative Easing measures by the world economies and another stimulus check rolls in.
Reason # 3
A blow off top of possibly 1.7T-1.75 because of the first 2 reasons I mentioned.
Remember the Market cap in previous cycle of 2017-2018 was 768Billon
NOT TRILLION
Remember ladies and gentlemen
Whether its an individual coin or the whole market capitalization.
There is always 95% of the time a retest of the current high.
So always keep that 768 billion in back of your mind.
Support the legalizedhustler
#hustlabynature
P.s. i hope im wrong.
But patterns are just that patterns that usually repeat.
I personally had 1.4T Max Market Cap as my original Top out and I've played it Conservatively since.
Institutional Money and Defi has caused me to change my targets that I worked out back in Sept. Of a max Marketcap of 1.4T
So indulge my brain please.
Feb.
Retest of 1.3T Market Cap
March
Picks up from 1.3 and takes to 1.66T-1.75T Market Cap the real FOMO
April
Anxiety over everything falling 50% for Bitcoin and
Alts back to previous all time high before the upswing.
We still have some life left before the April Anxieties.
I call it that simply your anxious seeing your balance go down.
Look at the chart closely.
Both greens dosent touch for the month. Followed by a shot up the following month to test the resistance.
That resistance is 1.66 T which i feel will be hit next month.
Reason #1
Income tax season will not arrive til d
First week of March. That will pull added FOMO
Money In.
Reason #2
Quantitative Easing measures by the world economies and another stimulus check rolls in.
Reason # 3
A blow off top of possibly 1.7T-1.75 because of the first 2 reasons I mentioned.
Remember the Market cap in previous cycle of 2017-2018 was 768Billon
NOT TRILLION
Remember ladies and gentlemen
Whether its an individual coin or the whole market capitalization.
There is always 95% of the time a retest of the current high.
So always keep that 768 billion in back of your mind.
Support the legalizedhustler
#hustlabynature
P.s. i hope im wrong.
But patterns are just that patterns that usually repeat.
Note
But also a possibility we hit the 1.7 T this month And a 2T marketcap next month
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