The Crypto Total Market Cap (excluding Bitcoin) has a red 1week candle last week after 5 straight green ones.
This is the first consolidation that all Altcoin Cycles had in December-January months of Halving years, following the breakout over the mid Cycle bull flag.
This is the time to buy heavily into altcoins.
The expected cap for this Cycle is 11 Trillion, which is the 5.0 Fibonacci extension (2.0 Fibs lower than the previous Cycle, which in turn was 2.0 Fibs lower than the one before).
Previous chart:
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This is the first consolidation that all Altcoin Cycles had in December-January months of Halving years, following the breakout over the mid Cycle bull flag.
This is the time to buy heavily into altcoins.
The expected cap for this Cycle is 11 Trillion, which is the 5.0 Fibonacci extension (2.0 Fibs lower than the previous Cycle, which in turn was 2.0 Fibs lower than the one before).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.