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Welcome to this Total M.cap update.
Total M.cap looks good here. Breaks out from the descending channel. Expecting a retest from here and that retest will be a good buying opportunity.
I'm expecting a good rally in the crypto market before Christmas. Most people are still expecting new lows of BTC but IMO first we might see a short-term rally in the market from here. Expecting BTC to go 19k-20k from here.
Invalidation:- Any 4hr candle close below 770B
What do you think about this?
Do you also think that we might see a good bullish rally in the month of December or do you think this is just a trap?
Share your views in the comment section.
Thank You!