Mihai_Iacob

Is Crypto market entering a bear trend? IMO, yes

Corto
CRYPTOCAP:TOTAL   Capitalización total del mercado de criptomonedas, USD
In my last analysis on the total crypto market cap, I said that 2.4T support is very important and a drop under could mark the beginning of a bear trend.
Now we have this break under this confluence support, and it is a clear one...
The first target is 1.75T, but in the long run, we can see 1.2T support challenged.
My strategy is to sell short liquid coins and go with the flow.
At this moment, and is just my opinion, you should not own coins, although some are at very interesting prices.

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