Is 10T coming into the market soon? The total MarketCap looks like it could pop any day now and trillions to flow into the space early next year. Fibs dont lie.... NFALongby AdonisB1
Total Crypto While everyone will be looking to go to NEW HIGHS this next bull run. I would advise caution. I would recommend everyone watch for these other two scenarios and worry about them 1st. #1. Quite possibly you see a Lower high in the range of $2t as shown by the first level marked in red line. #2. I would watch for a DOUBLE TOP on Total. Until both of these scenarios are invalidated I would recommend paying closer attention to them for your reality on WHEN to take profits vs only thinking about the Euphoric Valhalla ending. by rarebreed291
TOTAL CRYPTO MARKET ANALYSISHello traders, we are looking a strong resistance zone and i believe we should expect a correction, so get ready and be alert of likely market dump and also looking at the dollar index getting ready for a push to the upside . Plan ahead and ensure you have your stable assets to buy. Promo is coming (discounted sales for crypto) TradehubngShortby Tradehubng2
THE CRYPTO BULLRUN HAS BEGUN!- Please read my thoughts on the callouts on the chart.Longby ALTCOIN_BEAST3
MARKETS week ahead: October 30 – November 5Last week in the news The US stock market continued with its correction cycle, losing 10% from its peak in July this year. The ECB left rates unchanged, as expected, but it did not help EU stocks to gain during the previous week. At the same time, Bitcoin reached its resistance level at $35K, amid news on a potential approval of the first ETF. For the second week in a row Gold lost its correlation with USD, and was traded higher, due to geopolitical risks. In short, it was the second week in a row on financial markets with challenging earning aspects. After straight ten consecutive rate hikes, the ECB left its benchmark interest rates on hold during the previous week. Its key rate remained at 4%, the level at which ECB hopes the inflation will slowly return back to its 2% target. The ECB Council members have confirmed their expectations for mid-term inflation expectations of 2.1%. Although there has been no news with respect to the future economic moves, rhetoric of the ECB modestly differed from their colleagues in the US. Namely, as the Fed narrative for interest rates is “higher for longer”, the ECB is speaking the same narrative, but for inflation. On the opposite side, the ECB did not make comments regarding potential for rate cuts in the future period, considering that the inflation forecast for this year still stands at 5.6% and 3.2% during the course of the next year. At the same time, economists are concerned over EU economic growth, where rate cuts might come sooner, in order to support an economy which is on the downturn. Fed`s favorite inflation gauge, PCE Index was left unchanged in September at 3.4% and core PCE at 3.7%. Posted figures for GDP growth in Q3 surprised markets, by reaching 4.9%, higher from market expectation of 4.3%. Although the US economy looks in good shape at the first sight, still, there have been several discussions during the previous week concerning deterioration in consumer spending. Namely, analysts are warning that consumer figures look strong, but at the same time, the household savings ratio has decreased, while during the last three months, the real income of the US households has been negative. There is an increasing number of both economists and analysts who are actually concerned about the real outlook for the US economy in the coming year. The Bank of England is preparing for introduction of the central bank digital currency in the future period. It was the reason why they left the CBDC consultation paper on public discussion, after which, they received more than 50.000 responses. Still the majority of responses were related to concerns regarding safety of the digital currencies, following its programmability while a significant majority of participants were concerned over the decline in cash. The BoE did not bring a formal decision over introduction of the CBDC, nor did they have defined a deadline for such a move. Crypto market cap To be or not to be an ETF is the major topic on the crypto market during the last two weeks. Regardless of any other economic or political developments, the crypto market is currently following its own story. During the previous week capital inflow into the crypto market continued, however, strong push to the upside was supported by significant levels of both margin calls on derivative markets, as well as re-positioning on the options market. The odds for the approval of the first BTC ETF are increased by market participants; however, it should be considered that the last word will be by the SEC. Although the SEC postponed the decision on the approval of ETF filings from several big names in the financial industry for the end of October, it should be acknowledged that SEC might do this again or, in the final case, reject all these filings. Risks for the crypto market are still very high. Still market sentiment or speculation is hard to avoid in situations like this, so the price of the crypto assets might continue with high volatility in the coming week(s). Total crypto market capitalization was increased by 11.5% during the previous week, adding $127B to its cap. Most of these funds are coming from BTC and ETH. Daily trading volumes were also increased compared to the week before, ranging around $60B on a daily basis, from $55B traded a week before. Total crypto market capitalization increase since the beginning of this year currently stands at 63%, where it has added total $477B to the market cap. Another week ended in green for the majority of crypto coins. BTC continues to be the most traded coin, which added $85.6B to the total market cap of the crypto market, increasing its value by more than 14% on a weekly basis. BTC was followed by ETH, which managed to gain market optimism and increase its market cap by additional $22B or more than 11% on a weekly basis. During the previous week BNB managed to get back in the crypto game, adding $2.15B to its market cap, increasing it by 6.6%. XRP also had another positive week, with a surge in the market cap by $1.7B or more than 6%. Other coins with good performance during the week were LINK, with an increase in cap by $1.7B or 38.4%, DOGE gained additional $1.2B or 13.8%, ADA was up by $1.28B or more than 14%, while Solana gained $1.3B or 11% on a weekly basis. Another coin that should be mentioned in relation to its performance was NEO, with an increase in value of 35%, OMG Network surged by 17%, while Filecoin was up by almost 13%. Majority of other altcoins gained during the week. Considering coins in circulation, the highest weekly inflow had Solana, with an increase of 0.6%. Tether is also gradually building its circulating coins, adding another 0.5% to it during the previous week. Polkadot and Filecoin also added 0.3%, while several other altcoins have increased their circulating coins by 0.1% w/w. Crypto futures market Based solely on crypto derivative markets, it seems that investors' positive sentiment for crypto currencies is back on the market. During the previous week both BTC and ETH futures gained significantly compared to prices from the end of the previous week. BTC futures maturing in December this year were traded higher by 13.8%, reaching the price of $34.360. At the same time, longer term futures were traded above 18% higher from the week before, where December 2024 ended the week at level of $37.240. This was a huge move for BTC, as the market was struggling for a long time to sustain the price of $30K for this maturity. ETH futures also managed to finish the week with a positive investor sentiment. ETH futures maturing in December this year were last traded higher by 11.7% on a weekly basis, ending the week at level of $1.811. At the same time, futures maturing in December next year finished the week at level of $1.918 or more than 14% higher from the week before. It should be noted that futures maturing in March 2025 ended the week at price $1.945, which indicates current market sentiment with expectation for the price of ETH to continue to move to the higher ground in the years to come.by XBTFX12
Total Crypto Market Cap consolidation Good day everyone Check this pattern on Total Ascending Triangle in a downtrend would 90% break to the upside once it get volume as a confirmation It would bring total to about 1.7T. Longby WhaleKingpin1
Cryptocurrency Market Cap SpeculationCRYPTOCAP:TOTAL Analyzing Cryptocurrency Market Cap Speculation Through Market Cycles and Trend Lines, Excluding the Diminishing Returns Model, Possibility of an 8 Trillion Dollar Totalby arya_lih2
TOTAL ABC correction Getting ready to sweep Local LowsNot financial advice. Charts are made on current market conditions. Seems to me we are in an ABC correction and we will come back to sweep the local lows here I'd be cautious in the markets right now til we see clear direction. Always practice patience #PIK Patience Is Key #TLAW Think Like A Whale Like Comment and followShortby ThinkLikeaWhaleTLAWUpdated 3
Bitcoin fell below $34,000Bitcoin fell below $34,000, driving Altcoin back in tandem. Meanwhile, major term IVs continue to rise and are already approaching their average levels from the beginning of the year. The current move is key, with options investors generally expecting volatility levels to continue to amplify in the near term, but trading records show that selling calls has been the strongest one. From both perspectives, a substantial oscillation around current prices is the prevailing view among options traders.Shortby Greeks_live111
TOTAL MARKET CAP - Bullrun on its wayOn the weekly graph the Total Market Cap is breaking through the Fib. 1.0 level and the next biggest resistance is at 2.2T!!! This means that it is very likely that a massive rally can be expected for all crypto’s in the coming weeks. If ofcourse the sentiment stays positive and nothing disruptive happens.Longby Soul_Investments1
Total Market Cap - two scenariosWhat is your opinion on BlackRock's BTC spot ETF? I have a mixed views: both positive and negative. Case A: As you can see in chart, BTC is right below a resistance trendline. If break-out happens here, I would be happy although I'm still waiting for a last dips to fill my bags. Case B: However, if we take a look at the consolidation between 2018-2020, we may expect that BTC needs more trials to break the current resistance (at the 5th point). Because there's still a long way to go, I'll prepare for a worst case which may come as in chart. In short, I'll keep a close eye on these two scenarios.by evasivesteering446
Cryptomarket ProjectionCryptomarket on the verge of breaking out of the consolidation range with volume. by Starbustion0
Total index analysis Crypto Total 2 has broken down the upward channel and has tested the supportbelow it, now we can see this weekly candel is now open and heading upward. besides that we can see an obvious RD + in MACD and MFI. and Elon Musk just tweeted again! so in my opinion we are about to see a pullback to the broken channel and after that we have to see if there is any sign of getting back to the uptrend or that is just a technical pull back and we have to get ready for a massive dump and a long bear market for crypto market . im bearish until i see areal good sign here. the first target for the market total is retesting 2017 high. comment your opinions down below:)by sobhanjtnUpdated 0
#TOTALmarketcap incl. #btc and #eth @ resistanceHere' s the chart of ALL #cryptomarketcap #TOTAL1 . As you see #index is now at the historical vertical resistance. This is the 3rd testing of this resistance. - Clear declination will result heavy bloodbath on #altcoins. + Clear breaking out with weekly closings will result a new bull era. NOT FINANCIAL ADVICE.by naphyse1
Total descending channel finally having a real breakoutThis descending channel we’ve been watching now for quite sometime once again has price action rising above it…perhaps this time will finally trigger the actual breakout? If so the breakout target is around 1.2 trillion *not financial advice* by DrDovetailUpdated 1
CRAMER SAYS GET OUT OF CRYTO CHART (Calls the bottom twice!!)This is simply exactly as the title states. Cramer says get out of crypto and both times it marked nearly at the exact bottom of the crypto markets at the time of saying it. REVERSE CRAMER EFFECT LMFAO dude litterally said get out a few days before this huge increase in money into the markets recently.... SO I CANT BELIVE IT... HAd to make this post because its too funny to be true! but it is! hahahah Cheers everyone. Longby TAEDU0
Crypto market in fogwe are approaching to crypto season but I think, before the big rally, the market needs some liquidity and fear. I would really like jumping to the market as soon as total goes under 1T💵 NFA DYORby AmirmxhUpdated 2
MARKETS week ahead: October 23 – 29Last week in the news Geopolitical risks and Fed`s mimicking to the markets are continuing to shape the sentiment of investors. The US 10Y Treasury yields reached 5% for the first time since 2007, US equity markets were traded lower, while Gold is traded near $2K. The crypto market also had a positive week, with Bitcoin headed back toward $30K. It was a week full of news and surprising developments on financial markets. Fed Chair Powell gave a speech to the Economic Club of New York on Thursday. He noted that the road to bringing inflation down to 2% will be “bumpy” and that currently nobody knows exact timing when this goal will be reached, but Fed officials will stay on the course of achieving their goals. He also did not provide indication that FOMC is necessarily pushing for higher interest rates from current levels. After his speech, the market changed sentiment, decreasing the probability of another rate hike during the course of this year. However, Powell once again noted that a fight with inflation will mean that economic growth and the labor market would have to slow down in the coming period. At the same time, he refused to comment on the potential for rate cuts at this moment. Bicoin topped $30K for one more time at Friday`s trading session, amid increased investor`s confidence that the first BTC ETF might be approved by SEC as of the end of October. These assumptions were fueled by a comment from Coinbase Chief legal officer Paul Grewal, in a comment to CNBC. His rationale was “I`m quite hopeful that these (ETF) applications will be granted, if only because they should be granted under the law”. Although analysts are not sure if this will be the proper reason for SEC to approve first BTC ETF, still, markets are increasing probability of approval of filings of few big names in the financial industry, as well as, that SEC did not appeal the ruling in the Grayscale`s case. JPMorgan also issued a report on this topic, expressing their positive opinion on the possibility that the BTC ETF will be approved. Their deadline is set for 21st January next year, as this is the last date when application of Ark21Shares should be approved or dismissed. The rationale that JPMorgan is stressing in this case is that SEC would rather approve several applications at once, instead of providing market advantage to any specific fund. After receiving a $42.5 million fine from the Commodity Futures Trading Commission in 2021, backed by allegations that USDT is not fully backed by USD, Tether announced that the company will publicly disclose data on its reserves backing USDT, starting from 2024. In its latest report, the company was holding $3.3 billion in excess reserves. Crypto market cap News about potential for the approval of the first BTC exchange traded fund are emerging as many investors and market practitioners are heating the market with their optimism. Even Larry Fink, the CEO of the BlackRock commented first BTC rally toward $30K after the fake news about ETF approval as “example of the pent-up interest in crypto”. The crypto market is for some time set for approval or disapproval of the ETF and only pending is final resolution. For some time in the past, the crypto market was traded sideways, waiting for the final SECs resolution. In case that an ETF is approved, this is going to be a huge milestone for the crypto market, with expectation that significant funds currently sitting on money market funds will be transferred to the crypto market. Estimates differ, depending on an analyst, but one thing is for sure and that is that the positive outcome of ETF filings by several large names in the financial industry, will certainly bring a lot of funds back into the crypto market. During the previous week total crypto market capitalization increased by more than 7%, adding $75B to its market cap. Daily trading volumes were increased to the level of $55B on a daily basis, compared to $ 41B traded during the previous week. Total crypto market capitalization increase since the beginning of this year currently stands at 46%, where it has added total $350B to the market cap. Almost all coins gained during the previous week. Of course, BTC is the coin that will gain the most from the ETF approval, in which sense, the value of BTC increased the most during the week, adding $56B to its total market cap, which is a significant increase of more than 10% on a weekly basis. ETH also had a relatively good week, with an increase in market cap by $ 6B or more than 3% w/w. XRP was also in the group of significant gainers, with a surge in capitalization of $1.5B or 6%. During the previous week Solana had an excellent performance, where it added around $2.9B to its market capitalization, which is an increase of 31.4%. Following a surge in BTC value, Bitcoin Gold managed to increase its value by 13%, while Bitcoin Cash was up by 11.3%. Few other coins with relatively good performance during the week were LINK, which was up by 10%, while IOTA and Polygon increased their market value by more than 7% both. There have been significant developments with circulating coins also. It seems that the majority of stake coins are slowly getting back on the market. The highest weekly movement had IOTA, with a surge in circulating coins of 7.2% on a weekly basis. Uniswap`s circulating coins were increased by 1.9%, while Polkadot managed to increase its coins by 1.5%. It also seems that Tether is getting back in the crypto game, as coin managed to increase its coins by 0.7%, which has not been seen for several months now. Majority of other coins gained at least 0.1% of new coins in circulation. This trend shows that the crypto market is slowly waking up, after the last two months of quiet movements. Crypto futures market Strong shifts on the spot market made an impact on the crypto futures market. Both BTC and ETH futures were traded higher during the week, for all maturities. BTC short term futures were traded higher by some 10%, while long term ones were traded above 7% higher from the end of the week before. BTC futures maturing in December this year ended the week at level of $30.190 or for 10% higher, while those maturing in December next year were up by 7.6%, ending the week at level $31.525. This is positive for the BTC, as investors are expecting the price of BTC to hold above $30K after eight straight weeks traded below this level. ETH futures gained a bit less from BTC futures, but it was generally a positive week for ETH. Futures maturing in December this year gained the most from all other maturities, ending the week at level of $1.620 or 4.3% higher than the week before. Futures maturing in December 2024 ended the week at level $1.681 or 2.3% higher from the week before. It is interesting that there has not been enough market interest for these ETH maturities, so the price is still holding below $1.7K, for the second week in a row.by XBTFX10
Crypto macro is looking cyclicEverything is fractal in nature ... Total market cap including BTC, ETH and ALTS History seems to repeat itself over and over. No bias here as I am someone who understands uncertainty. I keep my day trading and my investing seperate. But if this was a smaller timeframe I would be looking to enter here or at the 0.50by PistonHonda1
Crypto Market Can Be Finishing A Corrective ConsolidationCrypto market made nice and clean impulsive rally at the beginning of 2023, which indicates for a bigger recovery after a correction. Well, Crypto market is now in a corrective consolidation since April, which we see it either as a bullish triangle pattern or maybe even slightly deeper and more complex W-X-Y correction. After yesterday's volatility Crypto market firstly jumped higher on the news that SEC approved iShares spot ETF, but then immediately reversed down, when BlackRock confirmed that this is false and that their application is still under review. So, it looks like a short-term spike up only, which means that we should be aware of a new slow down within wave E of a triangle or maybe even for wave »c« of Y of deeper complex W-X-Y corrective decline. Once a correction fully unfolds, we will expect a continuation higher in the Crypto market, ideally at the end of 2023 or beginning of 2024. All the best!by ew-forecast5
Crypto Total MC sending while MC excluding Alts lagging behindBTC spot ETF has been approved. This is why i have been saying to load up at these bear market levels. Not a time to fomo now, be patient. Its a NEWS pump. The risk of not loading at these Bear Market levels is too high. Once we dip start scooping, prepare for all scenarios, keep in mind a black swan can always still appear with the state of the world. Crypto Total market cap sending and hit a resistance on weekly, while the Market Caps excluding BTC is lagging behind still. This is due to the BTC dominance pump, breaking through its local high. Expect Alts to lag behind as predicted, this is a BTC ETF not an altcoin ETF. BUT money flows in BTC people take profit then they start buying alts, this is what has happened since inception. Be patient and keep scooping cheap alts. BTC Dominance sending, alts will suffer most likely if this rally continues. But then you scoop and ride em when BTC starts dropping. Longby Suneater691
Crypto total market cap IdeaThis is a realistic idea on how the crypto market will devolp over the next couple of months. we can expect a sideways market over the next months before a explosive breakout to the 3T. the idea comes from the 18-20 total market. by Ccgp-investments0
MARKETS week ahead: October 16 – 22Last week in the news Increased geopolitical tensions in the Middle-East impact some volatility on financial markets, as they represent concerning events for investors around the globe. The US equity markets finished the week in green supported by the US economic data. Treasuries have eased due to the same reason, while the crypto market continues with its side trading. Bitcoin ended the week above $26K, while Ether is still holding above $1.5K. The FOMC meeting Minutes were released during the previous week. Question whether interest rates should be further increased was sort of conflicting for FOMC members, but the unique opinion was that they should stay elevated until Fed officials are convinced that the inflation is clearly on its way to reach 2%. The FOMC members also noted the resiliency of the US economy, still, citing several risks, including the slowdown in growth and potential short-time inflation reversal. The International Monetary Fund and the World Bank held a meeting during the previous week in Morocco. Few conclusions from this meeting were related to the world economic outlook, which has been revised from 3.5% to 3% for this year and 2.9% for 2024. They are also expecting for global inflation to slow down to 5.8%, where central bankers around the world expressed readiness to end further increase of their reference interest rates. As the main challenges for global growth in the coming year, the IMF and the WB officials see higher policy rates, strong US dollar and geopolitical issues. The car company Ferrari announced last week that it will start accepting crypto currencies from its customers for luxury car payments. This service will initially be available for clients in the US, but the plan is to extend this service also to EU clients. The rationale for such a decision, Ferrari officials are noting that a significant number of their clients have invested into crypto currencies, and the company is willing to provide them an option to purchase their favorite cars through payments in crypto currencies. At the initial stage, Ferrari will accept bitcoin, ether and USDC, and will not charge any additional fees for payments in crypto currencies. Through the company Bitpay, coins will immediately be transferred into traditional currency, in which way, Ferrari will not carry any risk originating from coins volatility. The crypto market nervousness regarding the first BTC ETF is heating up. News regarding SEC moves around potential approval or disapproval of fillings for both BTC and ETH ETF funds is closely watched by the market, and impact significantly BTC`s price. During the previous week, BTC sharply reacted to news that the SEC will not react to the court's reversal of SEC`s decision by which SEC did not approve company Grayscale to convert its trust funds into an exchange traded fund, as reported by the Condesk. The deadline for SEC`s appeal was until the end of Friday. Crypto market cap The latest information provided by the Fed officials from September`s FOMC meeting seems finally fully priced by financial markets. At the same time, the released inflation rate for the US for September showed modest movement to the upside of 0.1% on a yearly basis, to the level of 3.7%. While the US equity market showed some positive sentiment during the previous week, and Treasuries relaxed yields, still, the crypto market remained on its old course of side trading. What the market is expecting for some time is the resolution of several fillings for the first spot BTC exchange traded fund, where even big players like BlackRock filed for. The time for SEC`s response was postponed till the end of October, which should occur within the next week or two. Until its final resolution, the crypto market might continue with side trading. Total crypto market capitalization decreased by $ 41B during the previous week, which is a total drop of 3.8%. Daily trading volumes remained relatively flat compared to the week before, moving around $ 43B on a daily basis. Total crypto market capitalization increase since the beginning of this year currently stands at 36%, where it has added total $275B to the market cap. Major coins on the market were the ones that made a negative impact of $ 41B drop in total market capitalization, although the majority of altcoins finished the week in red. Bitcoin made a significant drop of $21B or 3.85% of its value compared to the end of the previous week. ETH was following BTC on its negative path with a loss of $ 10B or 5.05% in value. XRP was another major coin which made a higher loss in value of almost $ 2B or 6.8% in value on a weekly basis. BNB made a lower loss of $0.89B or 2.7% of its value. Among altcoins with a higher loss in relative terms were Polygon, which dropped by 8.7%, Polkadot was down by almost 8%, Bitcoin Cash was down by 6.2% and ZCash dropped by 6.8%. As for coins in circulation, there have been changes with several coins which added around 0.1%, except for Filecoin, which added 0.6% of new coins in circulation, while Solana added 0.5% of new coins. Algorand and Polkadot increased their circulating coins by 0.2% both. Crypto futures market Crypto futures for both BTC and ETH were following developments on the spot market during the previous week, dragging prices of both long and short futures further to the downside. BTC short term futures ended the week around 4% lower from the week before, with December 2023 ending the week at level of $27.435 or 3.72% lower from the week before. Longer term futures were last traded around 3% lower. Futures maturing in December 2024 were traded again a bit below $30K for the first time after two weeks holding above $30K. December 2024 ended the week at a price of $29.295 or 2.95% lower from the week before. ETH futures were also trading in red compared to the week before, but with some interesting developments. Namely, futures from October till December this year ended the week at the same price of $1.555. Never before had there been such developments on the ETH futures market, which points to investors' current insecurity regarding the future course of ETH`s price. At the same time, almost all maturities were traded between 5% to 6% lower from the week before. Futures maturing in December next year ended the week below $1.7K level, at price $1.642 or 5.41% lower from the week before.by XBTFX8