future of BTC ( Is it possible to see zero? yes but...) I want to say that bitcoin may be zero, but let's use our previous data to see what is going to happen to bitcoin?
We have to admit that we are in a downtrend that I think has come a long way but has not yet reached the end of the road and given the price history we can expect it to bother the holders again and it is normal when the BTC pair is The US dollar.
In smaller timeframes, especially weekly with the loss of the moving average of 200, I, like many of you, am worried about the future of bitcoin, so I came to higher timeframes to see history in a bigger sight and the important prices (price ranges) that We have to be better able to monitor it.
I do not give an opinion against the downward trend and I do not have a recommendation to buy yet, but within the limits specified in the chart, you can make your purchase with your own analysis, or if you have bitcoins, consider capital management in those areas.
This cycle check is used only for estimation and has no signal for buying and selling. By starting to receive the signal in lower timeframes, you can decide to buy or sell in the specified ranges.
Marketcap
We need a further leg down? Total Crypto Marketcap ... Hey,
$20K is holding for now... (well was reclaimed) but this was just too easy in my view. I do believe we will see another wave correction down to the earlier accumulation area. What is your view? Feasible? Possible? Unrealistic? Share your comments!!
Super interesting topic imo and really want to get as many standpoints as possible.
Your ST Team
eth leaving out of ANGER wall street cheat sheet MUST WATCHeth is starting to show signs of capitulation on 4hr time frame . I love the 4hr because it can be a great tool to really see how the market is moving .. i see eth possibly coming back to 1275 area or higher before the next "big" drop
like or comment on the idea tell me what you think
A look historical Crypto MarketCap DropsSince 2013 Crypto went through 3 major bear cycles. Let's compare the current drop in Market cap to past bear cycles.
2015: In 2015 Crypto market-cap crashed from the All time high of 8.9B to 2.1B
High: 8.9B
Low: 2.1B
Percentage Drop: 76.4 %
2018: In 2018 after a crazy bull run and mainstream attention, market cap dropped from 761B to 91B
High: 761B
Low: 91B
Percentage Drop: 88 %
Percentage increase in Mcap from previous Low: 31,138 % increase
2022: The current ongoing bear run has put lot of new investors in losses which they have not seen in traditional market, MCap crashed from a 3.009T to 859B
High: 3.009T
Low: 859B
Percentage Drop: 71.4 %
Percentage increase in Mcap from previous Low: 3206 %
Cheers
GreenCrypto
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𝗦𝗶𝗺𝗽𝗹𝗲 𝗥𝗦𝗜-𝗯𝗮𝘀𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗦𝗶𝗺𝗽𝗹𝗲 𝗥𝗦𝗜-𝗯𝗮𝘀𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀.
as usual, many people cry out for the failure of the crypto world, this happened in 2015, 2018, 2020 and also in 2022, let's see in detail what happened in the past.
As per the attached graph, the RSI value has reached the oversold zone and is now around 30. but what happened in the past when the total market cap reached this value?
-𝟮𝟬𝟭𝟱: RSI 28, after this value the market capitalization went from 2 billion to 700 billion in December 2017;
-𝟮𝟬𝟭𝟴: RSI 29.5, after this value the market capitalization went from 83 billion to 290 billion in February 2020;
-𝟮𝟬𝟮𝟬 RSI 32.7 after this value, the market capitalization went from 100 billion to 3000 billion in November 2021;
No Financial advice
Total Crypto MarketCap Detailed Analysis ( Big Down Move Coming)Total Crypto MarketCap Chart Analysis:-
As per Higher Time Frame Total Crypto MarketCap also Bearish because Break Down the Strong Support Zone $1.65T
Currently Total Crypto MarketCap is $1.25T
According to Elliott wave theory All Elliott Impulse wave completed and Now Elliott Correction wave in HTF.
So A to B correction wave could be end around $1.65T ( Mean We can see some small Altcoins sessions)
But Overall Bearish in Long Term analysis.
As per Chart Last “C” Correction wave could be end Around $500B-$600B which is Perfect area for Enter in Potential altcoins.
After “C” correction wave , We can see Start of Big Bullish Market toward $10 Trillion MarketCap Before September 2025
So Guys I am still bearish In Long term.
This is My Personal View not Financial advice.
Do your own Research before invest in Any coins.
Thank you.
Total Crypto Market Cap: 1D ChartHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Total Crypto Market Cap.
The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel. The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there is still strong downside pressure with the measured moves still intact.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Check out my recent BTC 1D Chart review analysis below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Bitcoin Roadmap (Shown with $BTC Market Cap)Putting the evolution of $BTC into the context of the creation of a business or a tech product, it starts to paint an interesting picture. The current market conditions are potentially ones that will enable the first ACTUAL in-real-life (IRL) use of $BTC as it was originally intended to be used. I'm very interested to be able to watch how this will unfold.
Market cap next move!!!!The TOTAL crypto marketcap is trading in a downtrend channel on a daily time frame. The major support is $1.00-$1.20 trillion area and this is must hold point. A break below $1 trillion is extremely bearish and we see a heavy downfall. A bounce is expected from here. A breakout of the downtrend channel will send us towards the $1.50 trillion resistance area.hit the like button to keep us motivated
BITCOIN VS TOTAL MARKET CAP !(>_<)!Given the strong correlation between Bitcoin and the Total Market Cap index, it is important to examine the two.
-Total
There are certain similarities between the two, especially the price divergence. However, we are still waiting for the right trigger to enter.
Wait for the updates ...
Fundamentals driving the crypto marketTwo weeks ago general market correction started. Both equities and the crypto market were affected. Major reason behind this correction was FED`s another increase of interest rates by 50 basis points, as well as their narrative related to further monetary tightening. However, the question that still stands is if the latest market moves were only the beginning of the awaited bear market and where the bottom of it currently stands? Analysts are in agreement that this year is going to be a very challenging one in terms of potential profitability, let alone inflation hedging. On the other side, there are economists who are waiting for a glimpse of a signal that inflation is slowing down. This signal will indicate that monetary authorities of developed countries will stop with liquidity squeeze from the market, which would be time for dip buyers to enter the scene.
Current geopolitical tensions are not helping the markets as they are impacting increase in price of food and derivatives, major contributors for increasing inflation all around the world. It should be added that distribution channels are still very fragile, especially with ongoing lockdowns in China and its major port in Shanghai. Recession is currently the most used word among financial professionals in the EU and US.
Additional weight on the crypto market downturn was added by the crash of Terra stablecoins. It seems that algorithmic pegs are not well suited for significant market moves, so the coin LUNA reached $0 and was withdrawn from trading. This also caused several other stablecoins on the market to lose their USD $1 peg, as in the case of USDT. On the other hand, this case was used by the policy makers on latest G7 meeting to call for stricter regulation of stablecoin market and also call for anti-money laundering laws to be strictly followed by companies issuing stablecoins, as well as that they should regularly provide information regarding amount of funds actually backing $1 peg.
Negative macroeconomic prognosis and current bearish trend didn’t have much impact on current Bitcoin and crypto market long term investors. As it has been officially confirmed by representatives of MicroStrategy, one of the largest holders of BTC, this company does not have any intention to sell its Bitcoin holdings at this moment. On the other side, Coinbase experienced a significant drop in share price since the beginning of this year, considering its weak profitability. The company noted that they will stop new hiring during the second quarter, in order to consolidate its earnings. During the World Economic Forum in Davos, held this week, mostly present companies were the ones in crypto technology. In the Promenade, part of the meeting where companies and governments have a chance to meet, most dominating companies were from the field of crypto business as well as Meta and Saleforce.
Crypto market
Funds outflow from the crypto market continued strongly during the previous two weeks. Since the beginning of this year, a total $1 billion has been wiped out from the market. Current total market capitalization stands around $1.2 trillion while daily trading volumes are relatively decreased. Bitcoin participation continues to be dominant. During the last two weeks, BTC even managed to increase its participation in total crypto market cap to 45% from 41% it was holding before the latest downturn. Highest drop in market participation was Tether, which dropped to 12% from 15% previously. Highest impact on this drop actually is coming from negative market sentiment due to LUNA collapse.
Crypto futures market was also traded significantly lower, due to the latest drop in spot prices. What is evident from current market prices, is that investors don't share too much optimism for BTC and ETH prices as of the end of this year. As per latest available data, BTC futures maturing as of the end of this year are traded modestly above $30K while ETH futures are holding around $2K. It is interesting that these prices are just a little bit higher from current spot prices.
You can't handle the danger zoneWe're on that highway riding the line to the high heavens or down to the depths of goblin town. Choose your own adventure!
1. Nuke the economy and Russia and everybody dies
OR
2. Bleed out the criminals that run the government with hard work and sweat and tears and powering through the tough times. Go long, baby. Go. Long.
/play; Highway to the Danger Zone.mp3
Revvin' up your engine
Listen to her howlin' roar
Metal under tension
Beggin' you to touch and go
Highway to the danger zone
Ride into the danger zone
Headin' into twilight
Spreadin' out her wings tonight
She got you jumpin' off the deck
And shovin' into overdrive
Highway to the danger zone
I'll take you
Right into the danger zone
They never say "Hello" to you
Until you get it on the red-line overload
You'll never know what you can do
Until you get it up as high as you can go
Out along the edge
Is always where I burn to be
The further on the edge
The hotter the intensity
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone
TOTAL3 - Alt Season Could Be Just Around The CornerIn a previous idea i've compared eth price with what btc did in may- aug 2017. TOTAL3 (crypto m. cap excluding btc and eth) looks even more similar than eth does. We see clear initial fall in the summer, then barely setting new highs, before turning down, heading into the lows, maybe go even lower a bit. We should expect HUGE reversal to the upside. This is because one vital element is missing here. We haven't altseason for nearly 80% of all the altcoins. Many of which haven't even rally 1/3 of what they did in a previous cycle, even though they are listed on all major exchanges, and have a use case. (XRP, DASH, EOS, XMR, ZEC, IOTA...)
I expect one final flush to come, then euphoria...
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
CRYPTOCAP:TOTAL3
BITSTAMP:BTCUSD
Tether Dominance Analysis5/14/2022🟡 USDT DOMINANCE
🕒 Daily TF
➖➖➖➖➖➖➖
USDT dominance is forming a bearish ALT AB=CD pattern, whose potential reversal zones are 1.272 and 1.618 fib extension retracement levels, from where we can see a reversal.
So, a reversal can be expected from the marked two levels, which would confirm a bullish sign for the crypto market, after the reversal because USDT dominance and the crypto market work opposite each other.
✍This Analysis will be updated.
📆5/14/2022
LUNA Daily Analysis 5.11.2022🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction.
🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that the currency is on the floor and do not risk your entire capital for a small profit.
💎Seeing the chart above, those who are familiar with the word loss limit and have strictly observed it will smile.
BTC Dominance is a big support, lets fall further!watch for BTC dominance move up
a bit and come back to the downside.
Do not freak out, this does not mean the
price will crash...it just means that some
of the money will come out of BTC and
be moved into the Alt-coin market...which
will make the Alt coins scream bullishWhen Bitcoin Dominance
gets to 39%-31% thats when
ALT coins will absolutely RIP!