Projection: Crypto Marketcap will hit $83T by Jan 2023The macro of the crypto marketcap is strongly bullish. We broke above the line of resistance that we hit in Dec 2017 that sent us into a multi year bear market and the short term result was a break of $1T. However, we must keep in mind that we may very well come back down to test that line in the mid $700B before we continue our march toward $83T. I expect somewhere around $30T by the end of this year.
Marketcap
In the coming months, you'll soon want to be all in BTCI've never looked at the Bitcoin Dominance chart. So I did. I drew a fib from the bottom to the first higher low. The fibs seem to match up. The chart tells me that it's touched the bottom of 35.41 dominance. Then it's worked its way back up through 50% dominance. Then retesting the breakout at 38% before heading straight up to 63.25% (1.618 Fib). How beautiful was that?!? Simply amazing. As a global society and community, we're all doing our part to ensure this chart looks pretty. Something in the natural mathematical world is guiding us.
Now Bitcoin's dominance is bouncing around the 1.618 level. With all of the financial institutions flooding into the market (LOOK AT THAT VOLUME GROWWWW), Bitcoin will attempt to reclaim it's 94-95% dominance. IT HAS TO (91% of the time). Even if for a brief moment. And how will BTC reclaim it's 95% dominance in an ever-so-growing crypto market? By RIPPING of course!
I'm not an expert nor fortune teller, but I'm willing to be my lifesavings that BTC will reach 6 figures by the end of this year.
Mark my words.
🚀🚀🚀
XRP Dominance Chart This shows the % of the market XRP has, in alignment with my fibonacci set up on the normal chart, this one shows the same thing.
We have retraced to the 78.6 and already moved from this zone, a move higher would be a perfect bait and switch whilst people FOMO into other alts like Dogecoin.
TOTAL $CRYPTO MARKET CAP - SIMILARITIES TO 2018?What we can see unfolding is currently a 3 week retracement from the total crypto market cap ATH. The yellow line is previous ATH from 2018 and it may be a case of us retesting prior resistance. However, right now it looks eerily similar to the end of the 2016-2018 bull market and the beginning of the 2018-2020 bear market. Hopefully, this will just be a retest- we were massively oversold on the RSI and in 2016/2017 we were oversold 5 times during the bull market, this time round we have only gone into oversold levels twice. So in that respect you could argue that we can still expect the bull run to continue throughout the year. However, if we fail to hold the yellow support line and continue to bleed at the current rate- I'd be worried that the party is starting to end.
CryptoTotallMarketCap ($)_WeeklyCrypto Total Market Cap is moving forward the midline of the specified upward channel.
Right now it is on the correction to about 800-815 level.
After that we will see crypto market cap continue the upward trend to these targets in midterm:
Target I : 1500-1595 $
Target I : 1900-1915 $
It will be about the mid of March 2021, except in the increasing Intensity and acceleration of the upward trend; we will reach the mentioned target in a sooner time.
BTC will keep beating altcoins, Hybrid Intelligence saysBTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up.
To dig deeper into this idea, we’ve posted the following question to the Cindicator platform:
“The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13. Will the Market cap climb above 995.2B USD (+7.5%) earlier than drop below 856.3B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 91.11
This means Hybrid Intelligence expects the total crypto market cap to go up +7.5% before any downward movement of a similar magnitude.
Additionally, we’ve asked about Bitcoin’s dominance:
“Bitcoin crypto market share settled at 68.97% at 10:00 AM UTC on Wednesday, January 13. Will Bitcoin's market share climb above 70.35% (+2%) earlier than drop below 67.59% (-2%)?
(forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 82.80
This result suggests that Bitcoin’s market share will again hit 70%.
So together, the growing coin market cap AND the increasing Bitcoin’s dominance will likely lead to Bitcoin outperforming altcoins. Of course, some individual cryptos might still beat BTC, but the general trend still looks in favour of Bitcoin.
Long Bitcoin for now, Hybrid Intelligence suggests.
And diversify your alts with Stoic, we might add.
Why it is important to look at BTC dominance ?Bitcoin dominance is one of the important factor which affect the alt coin movements. historically whenever there is a increase in Bitcoin dominance we see blood bath of alts and vice versa.
BTC dominance basically tells us how much percentage of CryptoCurrency market-cap is owned by bitcoin alone.
In the above market cap we can see bit coin dominance is about to hit the next support which is very crucial to determine the next altcoin bull runs. From last two months we have seen bitcoin breaking its ATH again and again but major altcoins did not break its ATH, if the 2017 history repeats then we should be seeing the new ATH on altcoins.
To new ATH on altcoins its very important that bitcoin dominance breaks its next support and moves lower.
Since bitcoin already increased by 10x since march people looking to invest in altcoins which are much cheaper than bitcoin and has much possibility of giving higher returns. Based on this i'm expecting to BTC dominance to break its next support and move around 50% which will trigger very good Altcoin bull run and major altcoins will hit new ATH
let's wait and see how it goes. If it breaks next support then i'm going to invest in major altcoins.
i will keep updating this post based on how it moves.
Thanks
GreenCrypto
#3/5 TCAPHey people here's the third TA of the total crypto market cap and guess what happened !
A complete bullish trend reversal and Q1 approaching, There will be huge gains if you're in the right altcoins maybe
you'll be a millionaire by EOY !!
Anyways, I'll do my best to make millionaires out of you guys !
That aside, I made sure that my TA explains everything clearly but if you have any concerns or questions afterwards
ask me down in the comments below I'll answer you ASAP.
TOP 100 By Market Cap, Watchlist for BTC & USD pairsIt was slow & painful to create this list for myself so I decided to share, Hopefully it saves you some time and effort. Maybe there is a quicker easier way to create this list? Let me know if there is! I will update the list to include the Top 200 Market cap projects in the near future.
Copy each list below to separate notepad files
Save it by the name you want your list to be called
import it using the dropdown menu found in the 'Watchlist and Details' tab in the right-hand sidebar.
Top 100 pairs excluding stable coins to BTC:
BINANCE:AAVEBTC,BITTREX:ABBCBTC,BINANCE:ADABTC,BINANCE:ALGOBTC,KUCOIN:AMPLBTC,BINANCE:ATOMBTC,BINANCE:AVAXBTC,BINANCE:BANDBTC,BINANCE:BATBTC,BINANCE:BCHBTC,BINANCE:BNBBTC,BINANCE:BNTBTC,BITFINEX:BSVBTC,BINANCE:BTCUSDT,BINANCE:BTGBTC,HITBTC:CELBTC,BITTREX:CELOBTC,KUCOIN:CHSBBTC,BINANCE:COMPBTC,OKEX:CROBTC,BINANCE:DASHBTC,BINANCE:DCRBTC,BINANCE:DGBBTC,BINANCE:DOGEBTC,BINANCE:DOTBTC,BINANCE:EGLDBTC,BINANCE:EOSBTC,BINANCE:ETCBTC,BINANCE:ETHBTC,KUCOIN:EWTBTC,BINANCE:FILBTC,BINANCE:FTTBTC,BITTREX:GNOBTC,BINANCE:GRTBTC,BINANCE:HBARBTC,BITTREX:HEDGBTC,HUOBI:HTBTC,BINANCE:ICXBTC,BINANCE:IOTABTC,BINANCE:KNCBTC,BINANCE:KSMBTC,BITFINEX:LEOBTC,BINANCE:LINKBTC,BINANCE:LRCBTC,BINANCE:LSKBTC,BINANCE:LTCBTC,BINANCE:LUNABTC,BITTREX:MAIDBTC,BINANCE:MANABTC,BINANCE:MATICBTC,BINANCE:MKRBTC,BINANCE:NANOBTC,BINANCE:NEARBTC,BINANCE:NEOBTC,HUOBI:NEXOBTC,BINANCE:OCEANBTC,OKEX:OKBBTC,BINANCE:OMGBTC,BINANCE:ONTBTC,BINANCE:QTUMBTC,BINANCE:RENBTC,BINANCE:REPBTC,BITTREX:REVBTC,BINANCE:RSRBTC,BINANCE:RUNEBTC,BINANCE:SCBTC,BINANCE:SNTBTC,BINANCE:SNXBTC,BINANCE:SOLBTC,BINANCE:STXBTC,BINANCE:SUSHIBTC,BINANCE:THETABTC,BINANCE:TRXBTC,BINANCE:UMABTC,BINANCE:UNIBTC,BINANCE:VETBTC,BINANCE:WAVESBTC,HUOBI:WNXMBTC,BINANCE:XEMBTC,BINANCE:XLMBTC,BINANCE:XMRBTC,BINANCE:XRPBTC,BINANCE:XTZBTC,BINANCE:XVGBTC,BINANCE:YFIBTC,BINANCE:ZECBTC,BINANCE:ZILBTC,BINANCE:ZRXBTC
Top 100 pairs excluding stable coins to USD:
BINANCE:AAVEUSD,BITTREX:ABBCUSD,BINANCE:ADAUSDT,BINANCE:ALGOUSD,KUCOIN:AMPLUSDT,BINANCE:ATOMUSD,BINANCE:AVAXUSD,BINANCE:BANDUSD,BINANCE:BATUSD,BINANCE:BCHUSD,BINANCE:BNBUSDT,BINANCE:BNTUSD,BITFINEX:BSVUSD,BINANCE:BTCPERP,BINANCE:BTGUSD,BINANCE:BTTUSDT,BITTREX:CELOUSDT,HITBTC:CELUSD,HITBTC:CHSBUSD,BINANCE:COMPUSD,OKEX:CROUSDT,BINANCE:DASHUSD,BINANCE:DCRUSD,BINANCE:DGBUSD,BINANCE:DOGEUSD,BINANCE:DOTUSDT,BINANCE:EGLDUSD,BINANCE:EOSUSD,BINANCE:ETCUSD,BINANCE:ETHUSDT,KUCOIN:EWTUSDT,BINANCE:FILUSD,BINANCE:FTTUSD,BITTREX:GNOUSD,BINANCE:GRTUSD,BINANCE:HBARUSD,BITTREX:HEDGUSD,HITBTC:HTUSD,BINANCE:ICXUSD,BINANCE:IOTAUSDT,BINANCE:KNCUSD,BINANCE:KSMUSD,BITFINEX:LEOUSD,BINANCE:LINKUSD,BINANCE:LRCUSD,BINANCE:LSKUSD,BINANCE:LTCUSDT,BINANCE:LUNAUSD,BITTREX:MAIDUSD,BINANCE:MANAUSD,BINANCE:MATICUSD,BINANCE:MKRUSD,BINANCE:NANOUSD,BINANCE:NEARUSD,BINANCE:NEOUSD,HITBTC:NEXOUSD,BINANCE:OCEANUSD,OKEX:OKBUSDT,BINANCE:OMGUSD,BINANCE:ONTUSD,BINANCE:QTUMUSD,BINANCE:RENUSD,BINANCE:REPUSD,BINANCE:RSRUSD,BINANCE:RUNEUSD,BINANCE:SCUSD,BINANCE:SNTUSD,BINANCE:SNXUSD,BINANCE:STXUSD,BINANCE:SUSHIUSD,BINANCE:THETAUSD,BINANCE:TRXUSD,BINANCE:UMAUSD,BINANCE:UNIUSD,BINANCE:VETUSD,BINANCE:WAVESUSD,HUOBI:WNXMUSDT,BINANCE:XEMUSD,BINANCE:XLMUSD,BINANCE:XMRUSD,BINANCE:XRPUSDT,BINANCE:XTZUSD,BINANCE:XVGUSD,BINANCE:YFIUSD,BINANCE:ZECUSD,BINANCE:ZILUSD,BINANCE:ZRXUSD
CRYPTO MARKET CAP RESILIENCEWhat surprises me in this latest price action is the market resilience.
The cryptocurrency market was hit very hard yesterday but it showed an incredible strength and recovering ability.
The dump shook the market and put the idea that BTC latest growth can't go in one direction for much longer...
Now traders, big players I mean, are taking their time to evaluate more speculation and gains.
In my opinion in the next future we will see more volatility and incredible gains on Altcoins side.
Hard to say which Altcoins will be chosen by big players but in my opinion will be the ones that can move upwards faster than others and the ones with possibility of larger gains.
I pick:
XLM
OXT
Storj
Keep
XRP
CRV
#1/5 TCAP chartHey everyone ! it is my first of five TA on the total crypto market cap and to be honest it looks really good !
Also, i think i covered everything in the chart itself
but if you still have some questions
don't hesitate to ask me down in the comments !
Good night yall !
Shoutout to the whole TCAP community and the amazing Cryptex Team who's behind the project !
Make sure to give them a follow on twitter just type the handle @CryptexFinance !
Ethereum Mkt.Cap is Breaking Out the ATH LevelETH Market Cap touched 2018 ATH yesterday, and is consolidating and accumulating bulls power to break (closed candle) above 2018 ATH level.
If it completes the ascending triangle, the closest target is $218B.
Nice and clear, sit back, relax, and enjoy the show folks!