The Real Golden Pocket is 1.15 T Total Market full chart 100% zoomed out Fib from low to high = Golden Pocket 618 at 1.15 Trillion. Guess where we just rejected from? hmmm....by AltisonaUpdated 447
Crypto Market CapI believe in crypto and I think we are going to see a much bigger market cap in the near future, as history repeats itself, here is the chart showing the time needed to cross the previous ATH, if we measure the same timing then we might see a total market cap crossing the new ATH sometime around Nov 2024. Good Luck.Longby The9thTrader3
Bitcoin and altcoins long-termHi all, last few days while bitcoin is sideways, some altcoins grew quite nicely, I was talking about such a scenario in my mid-term parsing on bitcoin If you look at the capitalization of the crypto market as a whole and separately altcoins without BCT and ETH, you can predict, at least approximately, what awaits us until the end of the summer and the end of the year in the cryptocurrency market. On the altcoins capitalization diagram, you can see that capitalization is in triangle consolidation, and we are in its lower part, at the moment we are in micro consolidation, and under the resistance of downtrend, in case of breakdown we will see the rise of altcoins market by 15-20% till spring values, in case of false breakdown most probably we will renew low, and altcoins will go down, and after that we should look at the market. On the general capitalization chart, you can see that we are at resistance 1.15T and also that the general cap has formed a GIP pattern, if it works out, the market could potentially rise to 1.75-2-2.1T to the March-April 2022 level, with the bitcoin price potentially going back to the 37-45K value of that period. Now we have to think about what terms should be for such growth of the crypto market, at the moment from what we know is possible approval of spot ETF of Black Rock and other U.S. investment funds, for example only Black Rock has $ 9 trillion in management, while the total portfolio of the largest funds is about 27 trillion, placing even 2-3% of the total portfolio in the crypto industry, will already give a huge stream of client money. The SEC should make a final decision on ETFs no later than December 25, 2023. It should also be taken into account that the Fed continues to tinker with the rate and it is expected at least one more rate hike to the level of 5.5 and possibly two rate hikes to the level of 5.75 until the end of the year. The market does not expect the start of rate cuts until the 1st or 2nd quarter of 2024 at the earliest. Based on all of the above, I can assume that the main growth of the crypto market may occur in the fall of 2023, as the market will lay these events in the price in advance, trying to be ahead of the curve. Support for the author subscribe ✅ and start rocket 🚀. Good luck and profit to all. Longby Kirill_Gaitan4
Total Crypto Marketcap bullrun aheadIf history repeats itself, we should be creeping into a bull market for the Btc halving, as well as the actual utilization of crypto as opposed to speculation into crypto with previous bull runs. Full steam ahead, make sure your on board the train. Keep your eye on the prize. This is not financial advice nor am I a financial adviser lol, just what I see/hope is coming.Longby HamitgqUpdated 3
CRYPTO TOTAL CAP Expected Bottom Hello traders! As we have already shown you, we expect a bottom of the crypto market in December 2023 around 530 billion. This is not financial advice, but the result of our experience and expectations. Good luck and stay safe and strong! Kind regards, Kristian Stoyanov CEO Rolings Capital Shortby CryptoCaesar1124
🔥 Predicting The Next Crypto Bull-Cycle Top And DateIn this analysis I want to make a prediction on where the next bull-market will top, and around which date we can expect it to top. Keep in mind that I only use the last two cycles in this analysis, so take this analysis with a grain of salt. To make the prediction, I use the total marketcap of crypto (TOTAL), which is the value of all Bitcoin and altcoins combined. As seen on the chart, it appears that the crypto market is following a multi-year rising wedge pattern with a clear support and resistance line. My assumption is that this support and resistance line will guide us during the next cycle. In the previous two bull-markets, the market topped 77 or 78 weeks after the halving. With the halving being the 16th of April 2024, we can easily extrapolate the date for the next market top: between 13 October (77 weeks) and 27 October (78 weeks) of 2025. Now that we have the date, we can combine it with the top resistance of the rising wedge pattern. My best guess is that the market will top at this same resistance like before, which will be around the 12 trillion dollar mark. This would indicate that the market will roughly do a 11x from this point onwards towards the top in October 2025. With a Bitcoin & ETH dominance of exactly the same value as now, it would mean that BTC will top at ~330,000 and ETH at ~20,900. My assumption will be that the dominances of the two biggest cryptos will be much smaller in the future then they are now. Do you think this analysis is valid? Where and when do you think that BTC will top? Share your thoughts below 🙏Longby FieryTrading2626169
MARKETS week ahead: June 25 – July 1Last week in the news The US equity market entered into a short reversal on Friday, after a strong push for the last two months. On the other side, the crypto market is back on its track, with more positive news coming from German largest bank, Deutsche bank. Bitcoin is back at $30K level, Ether is following the increased investors optimism, ending the week modestly below $1.9K. Fed Chair Powell held a speech to a Senate banking panel on Wednesday, touching several currently important topics. He noted that the US economy still holds strong, however, inflation pressures are persistent, in which sense, it could be expected that further rate hikes will occur by the end of the year. He perceives the jobs market still as tight, with some signals that the conditions are loosening. Still, in order to get inflation at a targeted 2%, the US economy would need to slow down, as per his comments. One of the questions imposed by the Senate members was related to de-dollarisation currently occurring in some parts of the world, to which Powell answered that US dollar as a reserve currency is very important to the FED, and he believes that US dollar would remain a world reserve currency also in the future period. One of the important questions for the crypto community was FED`s standing on the crypto currencies, with focus on stablecoins. Powell noted that the FED perceives stablecoins as a form of money and that the US should not allow private money creation. Mainstream companies are not ready to give up on Bitcoin. Considering the latest developments, they acted like “white knights” for the crypto industry. Two weeks ago, the crypto market stopped its downtrend after it was announced that BlackRock, a largest US asset manager, filed with SEC for its first BTC based ETF. During the previous week Deutsche bank, the largest bank in Germany, announced that the bank had applied to gain a license from local regulators to manage a custody service for digital assets, including crypto currencies. With this move, Deutsche bank is strategically moving toward building up its digital assets and custody business. Markets were more than thrilled with such positive news, and Bitcoin price ended the week swiftly reaching the level of $30K. At the State of Crypto Summit held in New York last week, a head of strategic partnership in BlackRock, Joseph Chalom, noted the importance of counterparty identification as a critical point in order for large institutions to involve in decentralized finance, or DeFi. Crypto analysts are now discussing potential BlackRock involvement in setting the mainstream for regulation of the crypto industry, considering the size of a company as well as its recent involvement into BTC ETF`s. News is reporting that one of the largest investment banks in the US, JPMorgan, is bringing its settlement of JPM Coin to the next level with expanding it to euro-denominated payments. With over $300 billion in conducted transactions over the last four years, the JPMorgan institutional clients will now be able to make settlements also in euros using the same blockchain technology. Crypto market cap It seems like a new dawn emerged on the crypto market, however, not for all coins. Last few weeks were quite critical, considering moves from the US SEC, aimed to get crypto companies to align with regulation, jeopardizing the whole crypto ecosystem. However, on a positive side was a comment from SEC Chair Gary Gansler, that not all coins on the market fall under securities, mentioning that there are only few which fall under the term of real crypto currencies, without mentioning which coins are in question. From two weeks ago, the market started to get a glimpse of what he meant with his statement, when the largest asset manager in the US, BlackRock, filed with the SEC for its first BTC exchange traded fund. During the previous week, the crypto market regained confidence when the largest German bank and important player on the world scene, Deutsche bank, applied with the German regulator for the license to conduct a custody service for digital assets, including crypto currencies. This news pushed the crypto market to the upside, gaining on the weekly level total $108B in market capitalization, increasing its cap by 10%. Daily trading volumes were increased to the level of $80B on a daily basis, from $60B traded the week before. Total crypto market capitalization increase since the beginning of this year jumped to 51%, where it has added a total $388B to the market cap. Total crypto market capitalization gained $108B during the previous week, still, almost 90% of this amount belongs to Bitcoin and Ether. BTC was the winner of the week, by increasing its cap by $80B or 15.6%. Ether followed the up-path with a gain of $19B or almost 9% during the week. Other coins gained significantly but in relative terms. Bitcoin Cash was also in the spotlight of investors, as it managed to gain $1.5B or even 74% w/w, and was a winner of the week when it comes to percentage increase in value. Some other significant gainers were Ethereum Classic, with an increase in the market cap of almost 19%, OMG Network was up by a significant 37%, Litecoin, Link, NEO and Monero were up by more than 14% w/w. Binance Coin was in the group of rare losers of the week, as its value dropped by 4.2%, losing $1.6B in market cap. Surprisingly, Tether lost 0.4% of its coins in circulation, decreasing its market cap by this amount. Major changes in circulating coins relates to XRP, which gained 0.5% in circulating coins, while Polkadot`s and Filecoin`s coins were up by 0.3% Crypto futures market The optimism from the spot market was reflected also on the crypto futures market, however, not with equal expectations for BTC and ETH. Based on the long term price moves for ETH, it seems that investors are still reluctant to be more optimistic on the future prices of this coin. During the previous week, ETH short term futures were up by around 14% on average with futures maturing in December this year ending the week at level of $1.923. Longer term futures were up by more than 13%, where last trade for December 2024 futures was at price $1.962. Expectations of investors are mixed, but evidently, there is no strength to push longer term prices to the higher levels. The price difference between futures maturing in June this year and those maturing in December 2024 is only 39 points. As for BTC futures, the situation is a bit different. Short term futures were traded higher by more than 18% compared to the week before, with futures maturing in December this year ending the week at level of $31.185. Long term futures were traded more than 20% higher on the weekly basis, with December 2024 ending the week at level of $32.425. The market continues to make a significant difference on the price expectations between BTC and ETH. by XBTFX10
Total Crypto Market Bullish AF!This chart looks extremely BULLISH. Im expecting the Total Crypto Market to move up pretty significantly if the weekly closes tonight above 1.10T. If this happens i expect a push to the 1.4-1.5T market cap. Some alts will see close to a 40% gain from this move. Its time to pay attention!!!Longby Maniac_Trades1
Analysis on Total Base on liquidity concept I think crypto Total Market can have correction to 920B , then go up to 2/3T Please inform me your idea Longby somayehbasiri6
TOTALMARKETCAP :CRYPTOHi Guys Hope you well. As it was said, the downtrend channel was broken and made a significant growth. Now I am waiting to reach the daily supply area, after which we can move towards the trend again. Just note that due to the dominance of Bitcoin, the status of other altcoins is different from Bitcoin. SecondChanceCrypto ⏰25/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments. by Secondchancecrypto4
THIS BREAKOUT WILL CONFIRM THE BEGINNING OF BULL MARKET!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this Total Market Cap update. Looks very interesting. As you see in the chart, Total M.cap is verge on the breakout in the weekly time frame. Forming a descending triangle in the weekly time frame. If it gives a clear breakout this week, then this will be the confirmation of the beginning of a bull market. Or if we get a rejection from here then we see some correction in the market. As of now, wait for a confirmed breakout, and meanwhile, just do quick scalps. What do you think about this? Do you also think that the bull market will begin from here or do you think that we see another big drop before the bull run? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You! Longby CoreCrypto16613
Hammer forming on monthly MK CapIf June closes at these level the Hammer candle will be formed on the Monthly for Total Crypto Market Cap, and you can see what happened in the past two times when this has happened...by BlockchainOfThought1
Crypto Market Cap Wykoff Distribution PatternLooking at the total crypto market cap to see where in the distribution phase we are at. 02:01by Mechanitech0
CRYPTO TOTAL CAP - Printing right shoulderHello traders. In my opinion CRYPTO TOTAL MARKET CAP printing the right shoulder of "Head and shoulders" pattern. We're expecting to be fully print by the mid of July. So, it's possible to see down trend after that. Be safe and be ready. Good luck! Not financial advice!Shortby CryptoCaesar1128
#Total #cryptocurrency Long-Term AnalysisTotal long term trend Time of next top Sep2024 Mar 2025 Oct 2025 Targets: 6.8 T$ 11.9 T$ 21.4 T$ 67.7 T$ fail under 680 B$Longby KhaniTechnical3326
TOTALHello friends, I hope you are well, I think the crypto market is in a dynamic resistance I expect it to resume a downtrend and pull back from these areasShortby farzad_abdollahzade4
📈 Everything Crypto Is Crashing, We Continue 100% BullishEverything is crashing now as it is obvious yet the TOTAL Cryptocurrency market capitalization stays above 1T. It is also currently trading higher compared to March's low. Here we can spot the same 4 Steps Pattern we looked at on several Altcoins. #1 Is the initial bullish breakout. #2 & #3 Is the first low followed by a higher low. #4 Will be the next bullish wave. We continue on track. Weak hands are being removed. The market is under attack... But Bitcoin will survive! Cryptocurrency is here to stay! Namaste.Longby MasterAnandaUpdated 101056
Total CryptoThe crypto expedition is already tired after crossing the mountain peaks, it has been on the road for 800 days. Chief Sherpa Bitcoin had already instructed to descend into the lowlands. It was a difficult expedition, it enriched many members , but unfortunately a lot of members did not use any security on the way out, fell and died. Not the financial board. Just for fun. Shortby trader-123456Updated 535385
TOTAL Market Cap and Volumes indicatorsHow has Volume changed over the years? Crypto TOTAL Market Cap and Volume The vertical lines are key moments in TOTAL PA Starting back in 2017 and again in July 2019, Note how the volume on the Standard VOLUME indicator ( right under PA ) would seem as expected. It increased steadily Till Jan '21 and has been decreasing since, despite a New ATH in Nov '21 Below that is the VAPI ( Volume Accumulation Percentage Indicator) Note how VAPI was DECREASING before the ATH '17 and High that followed. That then happens again in Nov 2021 In #BTC push since Jan '23 the peak was late Jan and has been decreasing since even though we hit a high on PA in April Worth learning about in detail Then the OBV (On-balance volume) this is fairly straight forward an o real surprises. It was rising till May '21, Dipped and came back up for the Nov '21 ATH. and has been decreasing since. It is easy to read but sometimes can be misleading as we see from above. BUT note how the lower MA's in this indicator "Spike" just before a change of trend MVRV - Z Score (Market Value to Realised Value Ratio) This is NOT Volume based but works well with the VAPI and VFI This one is also worth you Looking into in detail Tends to Peak and retrace before ATH also VFI ( Volume Flow indicator) This is possibly one of my favourites. Very easy, From 2017 ATH, rapid Drop below ZERO line and then back up to next high in July '19 - ranged pretty well above 0 till Jan '20 and then rose till reached Top in Jan '21 and stayed there till ATH. It has been descending ever since For Me VAPI and VFI work well and using the MVRV Z just adds a cushion of info that adds up Using these to project forwards ( which is never recommended but I like living dangerously ) it is very possible that we will not start heading towards a New ATH until we reach the ZERO line on the VFI in Sept this year. September is not normally a great month so this could be the Turn around month and Oct is lift off ? This projection also works for the "Waterline" on the Z score to bounce off- last time it did that was March '20, that is if it falls through the line of support it is currently on Very hard to do a projection on the OBV but the VAPI does also suggest that in Sept this year, it may have reached a Max downside And Now, I HAVE to say, This could all be So completely Wrong and we could see something completely different and it is highly likely given the current Fundamentals in the world But at the same time, We have the expected date of Halving in April '24 and the run up begins anywhere from 300 day before ( around now ) , with the next ATH up to 500 days after Halving SO, Anything can happen from now till April '24, its just things maybe different this time ? Or will PA begin its push up soon and th eidea of Sep is in fact, a "Dead" Zone during that climb up ? Time Will tell This is NOT advice, Just a thinking cap Enjoyby Orriginal0
MARKETS week ahead: June 18 – 24Last week in the news Previous week was marked by the moves of central banks of both the US and EU. Fed made a short pause of further rate hikes, while ECB continued with a 25 bps increase. While EU equity markets were supported by the ECB decision, the US markets ended the week in red, after reaching new short-term highs during the week. On the other side, the BlackRock`s filing for first BTC backed ETF fund supported the crypto market as of the end of the week. BTC is finishing the week above $26K, ETH is holding above $1.7K. During the previous week, both FOMC and ECB meetings were held. As it was expected, the FED skipped to hike rates at June`s meeting, however, as per after-the-meeting statements, it is still not planned to halt further increases of interest rates, as two more are ahead. This pause will be used by FED officials to assess implications of current monetary measures. Two more rate increases would lead US benchmark interest rates to the level of 5.6% as of the end of this year. As Fed Chair Powell said, the full effect of current measures is still to be fully relieved in the future period. At the same time, their colleagues from the European Central bank continued raising rates by an additional 25 bps on Thursday. The rate increase is coming due to ECB`s expectations for headline inflation to be elevated during the course of this year at levels of 5.4% and 3% in 2024. The ECB also revised the expected growth rate for the EU for this year to the level of 0.9% and 1.5% in 2024. In her speech, ECB President Lagarde commented that the ECB is still not finished with rate hikes, indicating potential for another hike in July this year. Officially released data shows that the EU is in technical recession, where some economists think would be a limiting factor for ECB to continue further hakes from levels of 3.75%-4%. In a wake of disputes with the SEC, Binance is cutting jobs in order to prepare for the costly fight with the regulator, and also announced that the company will exit the Netherlands market. This decision is coming after Binance`s failure to obtain the license from Netherland`s authorities to conduct its business as a virtual asset service provider. In its official announcement, there has not been a comment over the cause why the Dutch regulator rejected Binance`s application. Still the company already obtained such licenses in France, Spain, Sweden, and several other EU countries. However, although Binance is claiming that the SEC`s allegations do not affect Binance`s businesses in other countries, still during the week the news hit the market that Binance`s office in Paris has been visited by the French police, investigating “money laundering”. As of the end of the week, the crypto market has been highly supported by the filing of the BlackRock, asset management company, for the first spot bitcoin ETF, where Coinbase will be its crypto custodian. Previous applications from other investment companies in the US for BTC ETF fund have been rejected by the SEC, so BlackRock`s filing would represent a sort of break-through on the market in case that it is approved by the SEC. Still, analysts are noting that BlackRock`s btc ETF fund is not the same as, for example, Grayscale`s ETF fund. The difference is coming from the structure of a trust which allows redemptions, so the fund will function like an ETF. On the other hand, GBTC did not have an option of redemptions. The crypto market gained significantly as of the end of the week, as this news was announced. Crypto market cap During the week the crypto market was trying to recover from the previous losses, but all investors' eyes were on the equity market, which gained strongly since the beginning of this year. Significant breakthrough was made at the end of the week, by the announced filling of the BlackRock, a largest asset manager in the US, for its first BTC ETF. This was the moment when markets regained positive sentiment, after the last two weeks of negative news related to the crypto industry and SEC`s allegations. Certainly, the recovery will be slow, but this move from BlackRock shows that investors are still not ready to give up on cryptos. Total market capitalization gained modestly from the week before, by adding total $27B to the market cap, which is a 3% increase. Daily trading volumes modestly eased to the level of $60B on a daily basis, from previous week`s $85B. Total crypto market capitalization increase since the beginning of this year currently stands at 37%, where it has been added total $280B to the market cap. It was a sort of mixed trading week on the crypto market, ending in a positive sentiment. Total crypto market capitalization has increased by 3% and was mostly driven by BTC in nominal terms. BTC gained $17.5B in its market capitalisation during the week, increasing it by 3.5% on a weekly level. ETH had a relatively modest week with a small loss of $1B in value or 0.5%. Regardless of all negative news, BNB managed to modestly recover from recent losses, adding $1.6B to its market cap, or 4.3% on a weekly basis. Altcoins with significant gain during the week in a relative terms were LINK, with gain of 10.4%, Uniswap surged by 13%, while Polygon, Algorand, Filecoin and Maker were up by 10% w/w. There has been an increase in circulating coins, where LINK managed to increase its coins by 4.1% and was the absolute winner of the week. Tether continues with an increase of its coins in circulation by 0.3%, while Filecoin added 0.4% w/w. Crypto futures market A relatively negative market sentiment was holding on the crypto futures market, regardless of the positive developments on the spot market as of the end of the week. BTC short term futures were holding relatively flat compared to the week before, still, the long term ones were traded more than 4% lower. BTC futures maturing as of the end of this year were traded at the price of $ 26.150, or 4.4% lower, while those maturing in December 2024 were down by 4.25% and were closed at price of $26.800. ETH futures experienced a higher drop from BTC futures, where short term ones were traded up to 10% lower on a weekly basis. Futures maturing in December this year were down by 10.5%, finishing the week at price $1.689. Futures maturing in December 2024 finished the week at price $1.730, which was by 9.85% from previous week`s level of $1.919. by XBTFX11
TOTAL market cap: where it will go? Let's make it simple: the total market cap is still in a big range since May 2022. The range's low was marked in December 2022. The range high has been confirmed recently in April 2023, almost a year after the whole market entered in this darvas box (May 2022). This week, the mid-range (Fib 0.5) was revisited. This level is also where the MA200D is found. Consequently, it's normal that whole market has been bouncing strong from there. What will be the next to happen? In charts, I put three scenarios which I consider the most probable to happen. Among them, I have a preference for scenario B, in short-term: The whole market cap to decrease to Fib 0.618. For a further projection, I thinkt that it's still soon to say. The reasons for my choice (B) are: From a technical analysis point of view, the total marketcap faces strong resistances: EMA 50D and the trendline starting from April 2023. Moreover, the volume indicator CMF lost its trendline. On fundamental aspects, the war between SEC and Binance is just at the beginning. Another one is that it will take time (months) for SEC to reply to Blackrock's application on bitcoin ETF. I'd appreciate if you can share your view on the crypto market and your comment o.n this analysis. Have a good new week! by evasivesteering0
🔥 Crypto Marketcap On 3 Year Support: Perfect Time For EntryThe total crypto marketcap has seen weakness over the last two months. However, it appears that we've found support (for now) at a huge diagonal support line which goes from the COVID lows to the 2023 open. This support falls in perfect conjunction with my Bitcoin analysis which discusses the idea that ~25k functioned as a spring for another leg up, see below. So, the total marketcap is on a huge support together with BTC, and a lot of alts are currently oversold on the daily RSI, perfect conditions for bulls to step back into the market. Do you think that the bottom is in, or that we're supposed to go lower in the near future? Share your thoughts🙏Longby FieryTrading7716