#TOTAL1The cryptocurrency market capitalization chart. • 2023: Accumulation Phase • 2024: Upward Trend (Bull Market) • 2025: Distribution Phase — Patience will bring rewards. 🚀 In 2024, it's crucial not to sell anything from the portfolio but only to Hold.by Nyskohuz2
Total Crypto Market UpdateTotal Crypto Market Update. Here is Evaluation and comparison with BTC! Note: Look at Vertical Line on Feb. 24 Go to BTC Chart now...Longby sunmikee0
Alt season gearing up?The crypto total market cap chart recently broke out of a bull flag pattern on the 1hr timeframe, with a measured move target of $1.83 trillion. What are your thoughts on the implications of this breakout for the broader market?Longby ParabolicPUpdated 8
A quick reminder about the previous Wedge/Pennant on Total chartSo I started charting this pattern in 2022 it was a falling wedge but on even larger time frames I realized it was not just a falling wedge but a bullish pennant as well. We broke up from this pattern all the way back at the beginning of 2023 and as you can see here on the monthly chart, price action did what it usually does once it breaks up from a large timeframe wedge and we are already well on our way and have unquestionably validated its breakout. What struck me as astonishing about ths pattern was that its measured move target was all the way up around 17 trillion. However not long after charting the target, maybe a couple months at most, news broke I think possibly via Forbes that Black Roc was saying 15 trillion in liquidity was going to be soon flooding into the crypto markets. When I read this it suddenly made the 17 trillion target make perfect sense. Now that we are seeing these ETFs cause huge pumps week after week I wanted to kind of repost a slightly cleaned up rendition of the previous version of this chart I posted to make it slightly easier to keep an eye on price action as it continues its way towards such a massive target. Also to remind people that this is where we are heading. Interestingly enough, another bull pennant we broke up from on the larger timeframe logarithmic chart also had this exact same target as its full measured move. So I suppose there is a chance that since it will take 2-3 bull markets for that previous bull pennant tor each its fulll target tat ts possible for this current pennant to not reach its full target in the current bull run but instead the very next one. However at the parabolic pace and momentum we are starting to gain thanks to spot etfs, it’s very very plausible we can reach 17 trillion on the current bull run. I will be keepin a close eye on this target, the pi cycle top indicator, and my pitchfork of channels that tie multiple cycles tops and bottoms together for the best signal of when the top is truly in. *not financial advice* by DrDovetailUpdated 5
Total cryptoElliott wave Fibonacci retracement Fibonacci extensions Zig zag correction by TNL_Kashmaar3
SHOPPING TIME - TheKing is struggling but altcoins are almost bottomed. -" the time to buy is when there's blood in the streets ". - All in graph. Stay S4fe and don't go all in. Happy Tr4Ding !Longby thecryerUpdated 8834
TOTAL CAP prediction in next 6 months +100% CRYPTOCAP:TOTAL Descending Triangle Breakout expected Wyckoff cycle end, accumulation incoming in next mid-term period of 6-10 months, next "BUS" station +100% in market cap. Too many projects waiting under the carpet during this period, development cannot be stopped !!!! Financials trying to catch up with technology and not lose control, it has always been like that throughout history, that is the only way to move the boundaries and make progress. I wish you a prosperous 2023 🙏 PS. Today is Friday the 13th, so let's see who will bring luck in the next period 🥰🙏Longby Crypto_MKDUpdated 110
What can we expect in the cryptocurrency market in 2024-2026Today we have a rather interesting article with a lot of food for thought Let's talk about the total capitalization of the crypto market. In 2021, when the BTC price peaked at $ 69K, the total capitalization of the crypto market was $3 trillion Yesterday, the BTCUSDT price touched $ 64K, almost reaching ATH, and the total capitalization of the crypto market is $2.25 trillion, which means that it is roughly speaking "behind" by 30%. This can only mean that altcoins are just beginning to "break out" and the real "Bull run" is still ahead. We have been in the cryptocurrency market since the end of 2016 and have "survived" many cycles in the market, and believe me, there will come a time when altcoins will shoot 30-50-100% per day in dozens, not just a few as it is now, and your eyes will run away in not understanding what to buy next, because everything is growing) Now we are just warming up. What can happen next? Further, the price of BTC can, for example, go into a broad consolidation in the range of $30-70k. The "small money" will say wow, consolidation with a corridor of 100+%, and the "big money" will meanwhile take Bitcoin from the "weak hands" on fluctuations and accumulate their reserves. Since the big money will not sell their BTC, they have a very effective tool to pump coins - buying altcoins in pairs with BTC. At this point, the price of altcoin/usdt will skyrocket exponentially. If we look at the chart of the total capitalization of the crypto market, you can clearly see one pattern: from the moment of BTC halving to the maximum value of the total capitalization of the crypto market, 183 3-day candles pass. That is, roughly speaking, a confident bull run in the crypto market has already lasted for 550 days twice. You might say that we can't compare these periods because big money is now entering the cryptocurrency market, and they will continue to drive the market. But most likely, you have not been in the crypto market for long and do not remember what the narratives were in the previous cycles: - In 2017, the market was mainly "rocked" by ICOs and pioneering venture capital funds entered the crypto market. If I'm not mistaken, ETH was sold at ICOs at either $0.30 or $0.50, and today it has reached $3500 - and this is probably the "most tenacious" project from this period. - The entire 2018-2019 Internet space was teeming with reports that Bakkt would enter the cryptocurrency market and revitalize the crypto market and push for ATH updates. But no!) The crypto market was revived only in 2020, and then at the expense of retail buyers, at the expense of cash payments to the population to combat Covid-19. By the way, check out the movie Dumb Money, which reflects the events of the time when retail buyers punished hedge funds that were shorting the growing market! As they say, you can't go against the masses) - Then in 2020-2021, there were the narratives of IEO, Defi, NFT, Elon Max with tokens and tweets that drove the market. There was something else, please add to the comments. - And now it's 2023 and a new growth cycle with the main narrative at the moment - BTC ETFs and the entry of large funds like BlackRock into the crypto market. By the way, at the end of 2022, we released the two ideas that this is probably the bottom and it is definitely worth buying: 1. How much can the Crypto market capitalization grow by 2025 at Nov. 2022 2. Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025 at 30.12.2022 Despite the mega rise in the price of BTC in 2024, Google trends suggest that the peak rush for search queries like in 2017 and 2021 is still very, very far away. We also have a personal gut feeling, comparing to previous periods, that "strong hands", as they like to call themselves, who have sat for 2 years with a mega deposit drawdown of -60-80% and are now selling their assets at entry points. And the "fresh and new money" is still "little" in the cryptocurrency market, perhaps it is already expensive? Also, it's been a long time since the market has been nightmarized by news like possible large sales of BTC: Silk road, which was confiscated by the United States, MT Gox payments, FTX payments, and so on. As they say, let's be careful!) If we believe the blue fractal that we have depicted on the idea's chart, the cryptocurrency market may soon begin to correct with a decline in the total capitalization of the crypto market. But not super deep, only -30% to $1.5-1.6 trillion . Moreover, this does not mean that the entire crypto market will fall "like a stone down." Alternatively, the price of BTC, which now accounts for more than half of the crypto market capitalization, may show the largest proportional correction. Meanwhile, altcoins will adjust quite adequately in price, and then may be sharply "pumped" by pouring BTC or ETH into them. Also, according to this fractal, this time the growth cycle may take longer than 550 days and last until the end of summer 2026. Well, write in the comments what you think will happen to the crypto market in the coming months? You can also put "like" the idea to subscribe to it and watch it develop together. And we will write our comments as the price moves.by P_S_tradeUpdated 222252
Update Total market cap analysis Total market cap filled the BPR range successfully and reach above of 2T $. Be successful and victorious dear traders. 😘 Longby ICTTRADER20242
TOTAL - Sideways for a yearIdk, it looks nice like this. And because i should write something more not just that vague text at the top ... I'm writing this so I have enough characters, lol. Anyway. Let's see how market will develop. I mean making prediction on monthly chart is beyond technical analysis.by MarrekkUpdated 2
TOTAL indicates the new bull seasonIt seems that the new bull season will begin in 2024.Longby ZaxTraderUpdated 118
TOTAL CRYPTO MARKET CAP AT 0.618 FIB LEVEL STAY ALERT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Shortby bullstraders73
Don't trust the crypto rally!Observing the current market conditions, it appears to be an opportune time for a pullback. I anticipate an exit point when CRYPTOCAP:TOTAL reaches the second target at 2.22T. The achievement of this target could potentially trigger a 33% pullback across the entire cryptocurrency market. It's crucial to note that as we approach this target, there might be a misconception in the market. While some may interpret the break of the previous high at 2.16T as a signal for continuous upward momentum, it aligns with Target 2 for harmonic and the High-Frequency Trading Algorithm (HFTA) area. An anticipated drop of 33% or more is expected. Disclaimer: Trading inherently involves risk, and past performance does not guarantee future results. Only trade with funds you can afford to lose, conduct your own due diligence, and thoroughly understand the associated risks. This chart represents my personal opinion and is shared for educational purposes only. It does not constitute financial advice. Shortby alcsoft79113
The 1 month Linear Chart’s wedge target is nearing I just recently posted about the logarithmic wedge which is also a bullish pennant and how it will take us much higher, but also wanted to post a chart with an update of the other wedge we also broke up from back at the beginning of 2023 (shown here in pink). It has now been a little over a year since the breakout of this monthly time frame pattern and like clockwork the price is doing exactly what I had anticipated it eventually would all the way back then. We can see price is now nearing the wedge target of 2.493 trillion for the total crypto market cap. This is the next zone to watch where we could potentially experience some sort of correction after reaching. I went ahead and also included the flagpole of a pennant that is better visualized on the weekly chart and it is telling us that eventually we should also reach its target of 3.436trillion as well. Odds are very good we will see consolidation in between the 2 targets. Being a 1month pattern, that is why it took so many multiple months to get close to reaching this first target, and it can also take several more months before reaching the next higher target is well even though they both broke out at the same time. Looking forward to pressing play on this chart a few months from now and eyeing the price action inch closer to the top target. *not financial advice* by DrDovetail1
totalIf it rejects the resistance level of 2, a good pump is waiting for the whole market, but it will probably have a correction from 2 to be able to break the powerful level.by aryanattar1
TOTAL MARKET CAP: HISTORICAL CYCLES!People are talking a lot about altcoins in the cryptocurrency market. They think there might be a big season coming up where altcoins, which are alternative cryptocurrencies to Bitcoin, could be worth a total of $5 trillion by 2025. This idea comes from looking at past data and patterns in the market. Historical Let's look at some past data: It took about 762 days for the total cryptocurrency market value to be higher than it ever was before. If things happen like they did before, we might see a new high around December 2024. The last time prices went really high lasted for about 1066 days, and this time it could be similar. Fractal Analysis: This is a fancy term, but it just means looking for similar patterns in the past: Between 2014 and 2015, prices stayed pretty steady for about 610 days. Then, from 2016 to 2017, the value of altcoins shot up to around $400 billion. After that, from 2018 to 2019, there was another period of steady prices for about 609 days. Now, from 2022 to 2023, we've seen about 548 days of steady prices, which might mean a big change is coming. Future Projections: Based on what we've seen before, here's what some people think could happen: They're guessing that altcoins could be worth $5 trillion by 2025, which would be a huge jump. They think this might happen around September or October 2025. Conclusion: Looking at all this information, it seems like altcoins could be in for a good run in the next few years. If they really do reach $5 trillion by 2025, there could be some big opportunities for investors. It's something worth keeping an eye on as things develop in the cryptocurrency world.Longby CRYPTOMOJO_TA55170
MARKETS week ahead: February 26 – March 2Last week in the news The earnings of the US tech companies were driving the S&P 500 index to new highs, reaching a level of 5.100 during the week. The question about timing of the first Fed's rate cut is still the main occupation of the investors, which is the reason why Treasury benchmark yield of 10Y reached levels above 4.3%. The price of gold and USD remained relatively flat compared to the week before, as well as Bitcoin. When it comes to the crypto market, the star of the previous week was Ether, reaching the $3K level. NVDA was the company which was most discussed in the news during the previous week. That came with a reason, considering that it managed to reach a total capitalization of above $2 trillion on Friday. The surge in its stock prices came after the fourth quarter earnings report, and revenues of $22.10 billion, above the expected $20.6 billion. With the latest results, Nvidia`s revenues are higher by 265% from the same period a year ago. Analysts continue to be optimistic about this company and its prospectus for further growth in the following years, considering significant development within the AI industry. Based on the NVDA price development, it seems that investors also share the same opinion. FOMC meeting Minutes were released on Wednesday last week. Although there has been optimism among Fed officials that the monetary measures are giving results in the real economy and fight against inflation, still, the question regarding the first potential rate cut is still left uncertain. Such a move was postponed until there is a “greater confidence” that the inflation is clearly heading toward the targeted 2%. On a positive side is their confidence that further rate hikes are most probably over. Treasury yields reacted on Minutes with a modest increase in yields, where the 10Y benchmark reached levels above 4.3%. During the week there has been a lot of attention to the Ether coin, in expectation of the forthcoming approval of the first ETH exchange traded fund, probably in May this year. As per analysts involved in the matter, the market is currently positioning for such a decision, where the price of ETH reached levels above $3K during the previous week. However, analysts are noting that there should not be expected any sort of “explosive” jump in the price of ETH, but rather a sustained one. At the same time analysts from S&P Global warned about the possibility of a concentration risk which might occur in the Ether ecosystem after the approval of the exchange traded fund. The European Union brought up a decision to set up a new Anti-Money Laundering Authority, which will be established in Frankfurt, Germany. The main goal of this new Authority would be to oversee potential AML activities within the crypto transactions in the EU. Currently, the EU AML limit is set at 10.000 euro for cash payments. Crypto market cap While one part of the market is concerned over timing of the first Fed's rate cut in the coming period, the crypto market turned their attention to potential approval of the first ETH exchange traded fund. This was one of the major topics for investors, during the previous week. The price of ETH reached levels above $3K during the previous week, as market participants are positioning for a potential positive reply from the SEC, probably in May this year. The price of ETH outperformed BTC`s weekly performance, which is relatively rare on the crypto market. While, on one side, frenzy over the first ETH ETF slowly taking place on the market, on the other side, there is an emerging question over BTC`s performance after the halving announced for April this year. Analysts are divided on this question. While, on one side there are those who note that halving will decrease supply, and within an environment of high demand, it should positively impact the price of BTC. Still, there are those who are noting that it might impact a drop in the price of BTC, considering decreasing reward for BTC mining. Total crypto market capitalization was increased by 1%, during the previous week, adding total $22B of cash inflows. Total market cap is slowly nearing the level of $2 trillion, which was last time marked in April 2022. Daily trading volumes continue to be elevated, with weekly turnover of $116B on a daily basis, which is a modestly lower from the $130B traded two weeks before. Total crypto market capitalization increase from the end of the previous year, currently stands at $266B which represents a 16% surge from the beginning of this year. Ether was the star of the previous week, where the coin managed to add around $21B to its market cap, increasing it by 6.2% on a weekly basis. Bitcoin was on a losing track on a weekly basis, as the coin is ending the week 1.5% lower from the end of the week before, decreasing its market cap by $15B. With other altcoins it was a mixed trading week. Binance coin had a very good performance, surging by more than 6% in value, adding $3.3B to its market cap, after the announcement of the forthcoming cross-chain airdrop of gaming project Portal. At the same time, Uniswap surged by an incredible 57% on a weekly basis, adding $2.9B to its cap, which was influenced by the announcement that UNI holders will be rewarded with a distribution of protocol fees after the system upgrade. Both ZCash and Theta have excellent weekly performance, with an increase in value of 25% and 22% respectively. There are several coins which finished the week in red, like Solana, which lost 6.5% in value, LINK was also traded lower by 6.3%, while Bitcoin Gold lost some 8.3% in value, following a decrease in the value of BTC on a weekly basis. A relatively increased activity with coins in circulation continues. During the previous week Filecoin added 0.7% more coins on the market, while IOTA had a surge of 0.6%. Tether increased its value by 0.3% on a weekly basis, by increasing its circulating coins by this percentage. Polkadot`s circulating coins were up by 0.2%, while several other altcoins increased coins on the market by 0.1% w/w. Crypto futures market The crypto futures market was generally following developments on the spot market, for short term maturities. In this respect, BTC short term futures were traded around 2% lower from the week before, while ETH futures were last traded higher around 6.5%. BTC longer term futures remained relatively flat compared to the week before, while on a positive side is that prices withhold relatively higher levels reached two weeks ago. BTC futures maturing in December this year were last traded at price $55.495, while those maturing a year later reached the price of $59.595. In line with expectations of the approval of the first ETH ETF, Ether`s long term futures were traded around 6.3% higher for all maturities. In this respect, futures maturing in December this year closed the week at level of $3.163, while those maturing in December 2025 were last traded at $3.343. by XBTFX8
TOTAL Bullish TOTAL moving inside the bearish channel. Breakout of residence After retest of support level expecting small bullish movement ⏳️Longby EtoYa7770
TOTAL Crypto Market Cap - English FrenchToday, The Weekly candle closes and as we can see right now, there is a lot of indecision about which direction the Crypto Market is going to go. On the MACD and StochRSI, it is overbought on a Weekly chart and this does point towards that long awaited drop. We are in a Classic area of resistance from the 2021 Bull run and once we break through this, we are on outr way to a New ATH and there is little doubt that Will happen. The question is when. Accumulation is happening in the Market and some ALT coins have moved well but the OTHERS Chart ( The top 120 coins Minus BTC< ETH and other top coins) is also overbought now. It is best to not be surprised if we do see a pull back.... We are in a Very similar position to where we were in June 2019 and if you ignore the "Covid" pull back, we saw a total drop of around 48% over 12 months and while I doubt very much that this will happen again, I think that after Halving may be flat for a while. People have been saying "It is different this time" and I am one of them.. I have seen 2 previous bull runs and been drawing detailed charts for nearly 5 years. Right now, The Bulls still have th eupper hand.... We could see a push higher tonight - 25 Feb 2024 - We may not - the trick is to be ready for Both circumstances. IT IS DIFFERENT and we will continue learning. ***********************************************************************88 Aujourd’hui, la bougie hebdomadaire se ferme et comme nous pouvons le constater en ce moment, il y a beaucoup d’indécision quant à la direction que va prendre le marché de la cryptographie. Sur le MACD et le StochRSI, il est suracheté sur un graphique hebdomadaire, ce qui indique une baisse tant attendue. Nous sommes dans une zone de résistance classique par rapport à la course haussière de 2021 et une fois que nous aurons franchi cette zone, nous sommes sur la bonne voie vers un nouvel ATH et il ne fait aucun doute que cela se produira. La question est de savoir quand. L'accumulation se produit sur le marché et certaines pièces ALT ont bien évolué, mais le graphique OTHERS (AUTRES) (les 120 meilleures pièces moins BTC < ETH et autres pièces les plus importantes) est également suracheté maintenant. Il vaut mieux ne pas être surpris si nous constatons un recul.... Nous sommes dans une position très similaire à celle où nous étions en juin 2019 et si vous ignorez le recul du « Covid », nous avons constaté une baisse totale d'environ 48 % sur 12 mois et même si je doute fort que cela se reproduise, je Je pense qu'après la réduction de moitié, cela peut être stable pendant un certain temps. Les gens disent "c'est différent cette fois" et je fais partie d'eux. J'ai vu 2 courses de taureaux précédentes et je dessine des graphiques détaillés depuis près de 5 ans. À l’heure actuelle, les Bulls ont toujours le dessus.... Nous pourrions assister à une poussée à la hausse ce soir - 25 février 2024 - Ce n'est peut-être pas le cas - l'astuce est d'être prêt à faire face aux deux circonstances. C'EST DIFFÉRENT et nous continuerons à apprendre.by Orriginal1
Crypto Total Market Cap... wen?8 Trillion dollar crypto market cap this market cycle? An arbitrary squiggle for the lols. Lets come back to this in a couple of years. Longby A_Boyism0
Looming 11% market correctionTriple Top Don't Stop....but it does....sadly...we are facing an 11% drop in overal market cap. Some call it a "Healthy Correction"...I call it a Home Wrecking Event or HWE. Anyone else here see things playing out like this?by TheCoinCowboy1
$10T Market Cap by EOY 2024.Wow, we made it. Time to enjoy the ride. Big moves incoming. Longby sx4ve966dx3
Crypto TOTAL updatePutting this up as reference for myself mainly. just what im seeing here momentum repeat wise. looks very similar to two past price action points. one more than the other rather obviously. lets see if this works out. would mean one more pop. coinciding with my ORIGINAL 55k ish btc medium term top. question is do alts go nuts at that point or get absolutely smashed when btc dumps.Longby Crypto-Quantum-FoxUpdated 0