An idea for CRYPTO TOTAL MC cycle top. While we are in a seemingly brutal correction I am zooming out and going back to previous cycle patterns. This cycle is taking longer than those that came before. This is neither good or bad, but rather is a signal that BTC is gaining adoption and converging with traditional markets imo. This will expand the horizon for crypto as a whole and add to its total market cap. As traders and HODL'rs we do not have control of the timeline, but we have control of when we hit the buy/sell button. So far this cycle we've seen ~20% gain from previous ATH. This is not why we are here. Godspeed
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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.