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Will Crypto Total Market Reach to $30 Trillion USD ..?Crypto Total MarketCap Chart Analysis:- Total crypto market cap still above $2T What we can expect in near future..? IMO we can hit $3T MarketCap by EOY or first Quarter '22. And that will be the perfect time to book profit in altcoins and Cryptocurrencies. Once after Reaching $3T USD we can see big Movement toward $360 Billion USD, Due to profit booking and cashout from Big whales from crypto’s. My last support will be $360 Billion USD and this will be perfect level for Entry in potential Altcoins. Once After hit this Lower last support $360B, We can see strong bounce back and We can see $30 Trillion USD MarketCap of CryptoCurrency. But as good things take time, it can also take time, so your patience will definitely reward you. Support:- $360B USD Resistance:- $2.5T USD If you really loved my hard work & analysis, do appreciate and don't forget to LIKE and SHARE. This analysis is personal analysis . This is Not financial advice. Thank you. With Love, CryptoPatel
CRYPTOCAP:TOTALLong
by CryptoPatel
10
BTC TAKE PROFIT ?! Hello Community! When looking at the Daily TF, we can see BTC/USD has been on a strong bullish trend over the past few weeks. The trend line shown has acted as accurate support throughout this climb. I believe bitcoin is on its way back to test the previous highs but it will take a few more weeks to do so. Along the way, there will be corrections and I'm assuming the next big correction might be on its way if this trend line is broken decisively. On the map, I'm showing the next major S/R zones and the percentage gains for whoever is looking to stay long or go short after the trend line is broken. Keep in mind the RSI is showing lower highs and the MACD is forming a bearish cross. Let's see how this plays out. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and share your thoughts! This is not financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity Wins
BITFINEX:BTCUSD
by rnaofs
2
BTC USDT correlationHello traders, I think those two charts are useful when used alongside each other in correlation. It is logical that decline in BTC price leads to inflow in USDT and vice versa. So we could say (and the chart shows, that the correlation between the price BTC and market cap of USDT is inversely proportional). For further simple explanation there are some events marked on the chart: Red Flag - A gap in USDT inflow probably shows that institutions are selling before BTC price declines. It is actually only the third candle on USDT when the selloff of the bitcoin occurs. Blue flag - USDT cap fails to pick up momentum and start going down significantly while BTC surges. Orange flag - USDT market cap is flatting out, fails to go lower low and starts forming local higher lows. BTC is still pushing higher, but the trend is converting to the broad bull channel/Trading range as more and more bears are buying into the shorts and more and more bulls are taking profits. Purple flag - BTC - huge rising wedge formed and wedges tend to break to the lower side. Lower high also formed and after. 3rd higher low formed and money starts to flow into USDT. Green flag - wedge top in USDT, while wedge bottom in BTC. Reversal on both charts. At the moment USDT market cap is in sharp decline, which might signal that BTC will be going much higher
Education
by Sharkethics
23
PULL BACK OR ONE LAST PUSH + US TAX LAWSWe either go touch 1.33T or we hit 1.0T and pull back. Could be seeing some bad news coming out of the US about Crypto Regulation. In the Infrastructure Bill, Taxing Cryptocurrencies is coming up. The US is looking to Tax miners by wanting miners to keep track of every coin that they sell off into the Crypto market and paying taxes on every transaction between the buyer and the seller. This also goes for blockchain company's in the US Keeping track of tax on every coin. This will close the door in the US on any new Blockchain development. This will force innovation to go outside of the US. As for investors. Any transactions totaling $20,000 or more in any exchange, Will trigger a audit of your account if you're found not paying from cashing out from coin to cash. But i do see a bullish scenario. Say everything above plays out. i believe it will trigger a good size sell off at first. but as long as you don't cash out into physical cash. This will cause people to just hold Crypto even more now. New bartering system becomes of this. Why use cash if you just keep printing more of it. The printing doesn't seem to be slowing down, looks to be getting worse. 2028 - 2031 will what i believe be the crash that turns the rest of whats left of fiat into digital currencies. LET THE TAX GAMES BEGIN
CRYPTOCAP:TOTAL2
by KidCrypto514
1