Big movement ahead!
This chart show's where the total crypto market cap currently is and heading to.
The RSI is starting to reaching upwards into >70 zone and we have the highest volume candle within the first day of the month already! The total crypto market cap is close to explode upwards.
It's unlikely we reach the "Bubble Top" or "Near End" line in this cycle. Should we reach those lines it is best to start looking for the exit and not enter the market.
The bull, bear and accumulations cycle durations with BTC and the market have been very similar so far. So we'll most likely see an upwards trajectory for the total crypto market cap for ~8 months again as well.
The RSI is starting to reaching upwards into >70 zone and we have the highest volume candle within the first day of the month already! The total crypto market cap is close to explode upwards.
It's unlikely we reach the "Bubble Top" or "Near End" line in this cycle. Should we reach those lines it is best to start looking for the exit and not enter the market.
The bull, bear and accumulations cycle durations with BTC and the market have been very similar so far. So we'll most likely see an upwards trajectory for the total crypto market cap for ~8 months again as well.