TOTAL 3 MARKET CAP Excluding BTC ETHCRYPTOCAP:TOTAL3
Bullish Flag Sooner or Later it will breakout and then the first target will be 780billion and then new higher high can go upto 900billion to 1trillion.
Altseason Incoming.
Totalmarketcap
Microstrategy Inc. The Money SongMicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday.
The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been stuck in a tight range since about March, but which many investors expect to rebound in the second half of the year.
The shares rose about 6% but are currently about 34% off an all-time high of $1,999.99, reached in March of this year.
In technical terms Microstrategy tripled in price over the past 12 months and doubled in price in 2024, outperforming the major crypto assets like BTC, ETH, and Total crypto market cap as well.
The main technical graph indicates perhaps it has much more to deliver.
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Money talks
Money shouts
Don't take much to hear
Like it or not
You need a lot
If you're gonna make a life down here
BITCOIN VS ALTCOINS Since the beginning of 2023 BITCOIN has been on a relentless upward trajectory. As the highest market cap cryptocurrency it often sets the tone for the entire market. When Bitcoin goes up it tends to drag the rest of the market up with it and the same when Bitcoin falls is the general rule of thumb.
This post is to showcase the difference between Bitcoins market cap (TOTAL) Vs the Altcoin market cap which excludes Bitcoin and Ethereum (TOTAL3) . As the market leader Bitcoin is often the first mover and that can be seen in the chart on the left, we have at first glass a mirror image on the TOTAL3 chart on the right but with a few key differences:
- When Bitcoin fell from its ATH in November, price found it's bottom at the previous cycles ATH as seen by the blue horizontal ray. Whereas the altcoin market continued to drop below its previous ATH by another 19.67% . It's an important difference because it shows that altcoins are worse off in a bear market when compared to Bitcoin, and they start from further back once the Bullrun arrives.
- We can see that both charts are very similar, the next biggest difference is clearly the progression made in this Bullrun so far. Bitcoin has already moved past its "right shoulder" of the head and shoulders price pattern, TOTAL3 however is still some ways off that mark, the chart shows altcoins have a 38% gap between current level and the top of that "right shoulder" .
The reason for the gap in the race can be explained the same way each cycle because they're exactly the same patterns each cycle. Bitcoin is the first mover as it is the biggest by market cap, the same cycle of capital injection happens each and every time:
BITCOIN ----> LARGE CAPS ----> MID CAPS ----> SMALL CAPS
Profits get rotated into the next more risky investment over and over until the blow off top and retail are left holding their positions all the way down. This will most likely still be the case this cycle however there is a new player on the field...
BTC ETF's...
This is new and exclusive to this cycle and I believe this will partly change the dynamic of the cycle when compared to years gone by. With over $10 BILLION DOLLARS of net inflows into BTC the institutional buyers are now here in a much bigger way than ever before, how will this disrupt the money flow? It could prevent profits from rotating somewhat into the large caps, but not completely. Naturally the ETF providers will have a large stake in the holding of BITCOIN and are going to be less inclined to sell when the cycle looks to near its end as they are still providing the service to their customers. Having less sellside pressure will help BTC hold its value.
The altcoins may get the negative side of this as less profits in theory will rotate into smaller cap coins and result in a smaller 'Altseason" . This is the cost of institutional adoption. There is always the possibility of altcoin ETF's but that is another discussion. For now I can see altcoins playing catch up later this year and going into 2025.
Mt. Gox Repayment Plan Brings BTC to 125-Day SMA's OpportunityMt. Gox, which once accounted for roughly 70% of the world's bitcoin trading, was hacked multiple times between 2011 and 2014 and thousands of bitcoins went missing, setting off a long process of customers trying to get their crypto or money back. The exchange declared bankruptcy in 2014.
The long-awaited distribution of Mt. Gox customer funds comes after years of delays. However, Rehabilitation Trustee Nobuaki Kobayashi stated that preparations for these repayments are well underway, ensuring all necessary safety measures are in place before the distribution commences.
The correction in BTC price extended on June 24 due to bearish sentiment arising from defunct crypto exchange Mt. Gox’s plan to return over 140,000 BTC to victims of a 2014 hack, with repayments set to begin in July.
More than $9.4 billion worth of Bitcoin is owed to approximately 127,000 creditors of Mt. Gox, who have been waiting for over ten years to recover their funds. Since Bitcoin’s price has risen more than 8,000% since 2014, this could introduce significant selling pressure for BTC. Some of these investors, who may have millions in profits, may decide to cash in at current rates.
Meanwhile, in technical terms BTC just dropped to it's significant 3-months support level that is corresponds also with 125-Day SMA.
BTC has been last seen at 125-day SMA 9 months ago only, in mid-October 2023, near $ 28000 level.
In that time SMA support helped to deliver BTC up roughly +160%, less than in a half-a-year.
Technical graph indicates also on huge oversold area for RSI indicator, that just turned to one of its lowest readings over the past 12 months.
Cryptocap Crypto Total Market Cap - Idea IHey guys
2023 printed a bullish setup - retest of old high.
-> it also closed above the middle line of the bearish engulfing candle -> second bullish indicator.
-> grey zone and old highs of 2.1T - 3T will be monitored.
-> still somewhat bearish below 3.1
Quarterly: Neutral - Inside bar and retesting middle line of Q1
-> still in bullish territory because it closed above major support…
-> inside Bar will be monitored (range)
Monthly chart: Bearish close -> 3 Months weakness
-> Stochastic turned down - 2.4T and 2T will be the showdown area - grey Box which will act as support or resistance.
-> still in an uptrend indicated by the rising Trendline.
3D: Testing a bullish Trendline - Bullish Setup on this Frame
-> still in a declining trendline / Consolidation
Thanks for reading
TOTAL2 - Bull IdeaExpecting a bullish bounce off this green trend line and a breaking of the temporary downward channel or whatever that structure is.
TOTAL2 has been at 1T for awhile now and forming this as a strong support.
Lets see if it can extend above 1T !
$TOTAL is flerting with important Fibonacci Circle resistenceAfter a fake breakout from important Fibonacci Circle resistence and a fake breakout from the downward blue continuous line, CRYPTOCAP:TOTAL is trying to find now support over the daily 200 EMA (green line) that coincides exactaly over an important VWAP reset line
If prices continue to fall, a very important support will be over the market "Support Box"
Once the price breakout from the red Fib Circle, market will continue its move upward
Chart Idea - TOTALWaiting for this inverse head n shoulder to playout. In order for BTC to move further up and liquidate more shorts, TOTAL needs to break the neck line of this inverse head n shoulder pattern. We will see BTC going down again if it gets rejected from here. Will keep on updating here.
TOTAL2 - BreakoutA curved support trend line leading to a breakout to the upside
Price is in the process of breaking out of this channel, finding support on the upper trend line
I think July will be bullish for a lot of altcoins
This is the 1Hr chart
Fasten your seatbelt to 10T$- Everything is in Graphic and simple ( bubbles and fibo ).
- Upper trendline from 2018.
- This double TOP in 2021 irritates abit but it won't change the future.
- how we go and when we go... i don't know.
- Cryptos are volatile and super fast.
- Where we go... i know.
- Around 10T$ MC.
- if u want to know why CRYPTOS are super fast, i have an easy answer :
- The new generation prefers watch a 30 seconds TikTok Video rather than Youtube 30 Minuts video ! ( think about it and compare to finance ).
- What i bet for the TOP of next bull run ?
- BTC around 4.5T$ MC. (45%MC)
- Altcoins around 5.5T$ MC. (55%MC)
Hodl!
Happy Tr4Ding !
Elliot Wave 3-4 : FINAL Correction before NEW ATHI've been watching this bearish M-Pattern for some time, and I still believe this is a multi-month playout towards a new ATH:
This lines up with my initial correction target using Elliot Wave Theory:
We see a very clear Double Top play out in the Total Chart, also indicating that it's time for a correction:
HOWEVER - I expect the bulls to be ready and sweep in lower prices when the right support zone is reach (whale zone), which seems likely to be in the 40k zone. It won't be a straight line down - again, a multi-month playout is likely.
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CRYPTOCAP:TOTAL BINANCE:BTCUSDT
TOTAL2 - Bearish Scenario A double top can be seen which acts as a bearish pattern, also coupled with a lower high.
This is a bearish scenario for TOTAL2 which is an alternate one to the bull scenario below
Bullish or Bearish?
4Hr chart again.
TOTAL2 - Support Test of This Curved TrendThis curve has been the dominant trend for awhile now and I think it will be used to push TOTAL2 higher.
I believe we are at the early stages of a larger bullrun and this trend will aid in furthering the bull market.
Three circles show bounces off the middle of a down channel drawn against the tops of recent highs.
Personally im still bullish.
4Hr Chart.
TOTAL # 001 ( Last PUSH UPWARD before Market COLLAPSE !!! ) Hello dear traders.
Good days.
On monthly Gann Square, Total market didn’t grow more than 0.25 of Monthly Gann Box level price and it can try to test at least 0.5 Monthly Gann Box Fib level which will be 2.55 T $ .
It can grow beyond to test 0.618 @ 2.91 T $ Or even try to reach itself to 0.75 Gann Box Fib Level which will be about 3.4 T$ .
Weekly and Monthly Gann Square Can match each other to reach to the mentioned Targets and Finally proceed to Hug Bearish Correction at the end of Monthly Or Weekly Gann Square which is depended .
Chart is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
TOTAL MARKET CAP ANALYSISHello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
ALTS Market Cap
Current Situation:
The ALTS market cap is currently testing the boundaries of a descending triangle pattern.
The 100-day moving average is acting as resistance just above the triangle.
200-Day MA Bullish Momentum: The 200-day moving average suggests underlying bullish momentum.
Anticipate a bounce from the triangle's support level.
A successful breakout above the 100-day MA confirms a bullish trend.
If the retest of the triangle's boundaries fails, expect further consolidation within the pattern.
This indicates continued market indecision.
The ALTS market cap is at a crucial juncture. A bounce from the triangle's support and a breakout above the 100-day MA will confirm a bullish trend. Failure to break out suggests further consolidation and market indecision.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Total MarketCAP!! Is it going to hit the highest of its history?There is something intresting about it and that is Bitcoin had managed to hit its history but MarketCAP couldn't, And maybe in this area it's going make it done.
TOTAL !CRYPTOCAP:TOTAL
Total crypto market cap may rebound from support trendline of ascending triangle
Successful bounce from this trendline lead to bullish continuation , However, a breakdown could trigger a bearish trend, pushing the market towards $1.85 trillion.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Detailed Analysis of Altcoin's Market DynamicsRecent Market Performance
From October 2023 to March 2024, the altcoin market experienced significant growth, increasing from a $314 billion to almost $783 billion market cap—a remarkable 150% rise in just five months. Such rapid growth often leads to market corrections, which many retail investors find challenging to navigate. Recently, the market corrected by 29%, dropping to around $559 billion. This correction is considered healthy following the substantial growth phase.
Historical Market Patterns
Examining past trends provides insights into future market behaviors. For instance, in late 2020 and early 2021:
- Bitcoin Surge (October-November 2020): Bitcoin's price doubled from $10,000 to $20,000.
- Altcoin Lag and Subsequent Rally (December 2020 - January 2021): While Bitcoin surged, altcoins remained stagnant, causing investor disappointment. However, two months later, altcoins experienced a massive rally, tripling in market cap within a month.
This pattern of initial stagnation and subsequent explosive growth is reminiscent of current market conditions, where investor fatigue often precedes significant gains.
Near-Term Market Predictions
Key upcoming event: ETH ETF Launch on July 2nd
- Unlike the Bitcoin ETF launch, which did not trigger an immediate price surge, the ETH ETF launch is not expected to cause a dramatic market reaction on the day itself.
- The next 3-4 weeks are projected to be relatively sideways or bearish for altcoins, with a potential market reversal and new rally starting around mid-July.
Current Market Cap Scenarios
Two potential scenarios for the altcoin market cap leading up to and following the ETH ETF launch:
1. Reaching Blue Zone $534 - $550 billion market cap and bouncing.
- This is less likely unless there is bullish sentiment in the market, particularly if the $550 billion level is reached before or just after July 2nd.
2. Dropping to the $480 billion region (Green), testing the weekly moving average 200, and then bouncing.
- This scenario seems more logical, particularly if it happens around mid-July. Such a drop (another 15%) would likely induce market panic and exhaustion, setting the stage for a significant reversal.
Long-Term Outlook
Despite the short-term uncertainty and potential for further declines, the market is believed to be near its bottom. The long-term prospects for altcoins appear positive, with the market potentially reaching $1 trillion and setting new all-time highs. Therefore, even buying at current levels is expected to be beneficial in the long run.
Conclusion
The altcoin market recently grew a lot but then corrected, which is normal. Historical trends show that big gains often come after such corrections. We might see more sideways or downward movement before a big rebound around mid-July. Even if the market drops a bit more, it's likely near the bottom, and buying now could pay off in the long run.
TOTAL2 - Great Monthly StatePrice has poised itself right above the Gaussian Channel on this Monthly timeframe and is looking to form a bullflag just above it.
This will allow for a massive bull run up to highs we have never seen before.
Very bullish observation
$TOTAL Cup & Handle formingAlthough we could zoom out and literally write a book of CRYPTOCAP:TOTAL technical analysis, let´s start with this 12 hour time frame
In green, a Cup & Handle formation, that WILL TAKE US ABOVE ALL-TIMES-HIGH cryptomarket cap
The ATH marketcap is marked on the purple horizontal lines (2,9 to 3,0 trillion) and the C&H targets are marked with the purple arrows, left is most otimistic, right pessimistic
Is important to say price is on a little triangle formed by yearly long support (big blue dotted diagonal line) and yearly fib circle resistence (continuous red thin line0)
This triangle can still break low to find the support on the thick green 200 EMA line and others yearly supports
As we are on a region with a lot of multi year support, guess what? Break up is a matter of time; I´ll give approximately 4 weeks to this setup completion (marked with red flag and another confluence with the next multi year long fib circle)
$CRYPTO Total Market Cap to ~$9.69T$CRYPTO TOTAL MARKET CAP PROJECTION:
CRYPTOCAP:TOTAL Crypto Market Cap en route to my target this cycle: $9.69 Trillion
current $Crypto Total Market Cap: $2.37 Trillion
eyes on the prize. zoom out.
CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:SOL
based on diminishing cycle returns, fib extensions, and some other tricks up my sleeve.
let me hear your feedback!
-@CryptoCurb
TOTAL MARKET CAP FOR CRYPTO - PREDICTIONS FOR MARKET EXIT Many people forget to follow the chart of Total market cap, Total2 where BTC and ETH enter by capital and Total3, which showed perfectly when to enter smaller currencies, when to reinvest and when to exit.
The peak of the same as bitcoin depends exclusively on how much total capital will enter the crypto market. That's why it's important to create some specific zones and monitor them for profit removal from the entire portfolio.
The first target is quite realistic in my opinion and I give it a very high probability of happening. In that case, some altcoins will make an additional 300-500% profit from the current price. The best scenario for which we will determine whether to leave part of the profit for the best stake, that is the target 1.61.
Don't forget that we are in the final phase and that you should watch it exit the market and not re-enter it
Share below the comment and your opinion on how realistic the scenario is for the future
Altcoin Market Cup 🚀 up to $3T 🔥Hello, dear friends! 👋🏻 Take a look at what I've prepared for you today!
💥 Coin Market Cup (Total3 - excluding Bitcoin and Ethereum) 💥
The chart displays the total market capitalization of altcoins.
What can we see here? At first glance, the cyclic nature of price behavior is striking! 🧐By overlaying several Fibonacci tools, we clearly see the potential!🚀
It can confidently be assumed: the altcoin market is ready to surpass the $3 trillion limit by the end of 2024. Sustainable cycles, demonstrating repetitive circular motion, confirm this confident forecast.
What we've seen confirms not only the technical component of the market but also its fundamental aspects. Repetitive cyclical movements serve as an indicator of structural changes in investment behavior, reflecting a wave of interest in alternative assets. This signifies growing confidence in the altcoin market and its important role in the global economy.
What can You say? If you found it interesting, stay tuned for more updates and subscribe to stay with me!🫶
Thanks for Your attention
Always sincerely
Yours Kateryna💋
