The crypto market finding support at $2.76T is a strong bullish signal, suggesting that buyers are stepping in to defend this level. If this support holds, we could see renewed momentum, potentially leading to a 7% increase and more, bringing the total market cap toward $3.01T. A break above TRENDLINE at $3.03T will take market further +20% up to $3.6T
Key factors to watch:
Volume confirmation: Strong buying volume at $2.76T reinforces support.
Macroeconomic conditions: Favorable market sentiment and institutional inflows could drive growth.
Bitcoin’s role: BTC’s movement around key resistance levels will influence broader market sentiment.
If support breaks, expect a potential retest of lower levels before any recovery.
Key factors to watch:
Volume confirmation: Strong buying volume at $2.76T reinforces support.
Macroeconomic conditions: Favorable market sentiment and institutional inflows could drive growth.
Bitcoin’s role: BTC’s movement around key resistance levels will influence broader market sentiment.
If support breaks, expect a potential retest of lower levels before any recovery.
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Note
Market is showing resilience — bulls are back in control. Half way through final targetTrade closed manually
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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.
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.