#TOTAL MARKETCAP Reaching 4 Trillion within 4 years?
Welcome to this quick update guys.
I will keep this very short.
Total Marketcap denotes sum of both altcoin and bitcoin marketcap.
As per this chart Total Marketcap just broke out of the 938 days long Resistance.
It simply shows we're ready for a new Bull Phase.
Next stop is somewhere around $400 Billion which will take BTC to around $13886. Expecting these figures in August but what really matter is whether alts will grow together with BTC.
Also for the long term you can see the mcap should reach somewhere around 4 Trillion Dollar within the next few years which is almost 16X from here which will take BTC to around 160k. Yeah Thats true, no kidding here!
Since Total mcap shows both alts and BTC will pump what matters is the dominance of BTC should be in favour of altcoins for better Returns.
This is how the market should playout:
BTC Pumps -> Alts Dump
Alts bounce-> BTC sideways
BTC Consolidates: Alts pump more
This will repeat. I will try to post as much updates as possible for you to stay ahead of the market.
I believe there's a bigger alt season waiting for us All we need is BTC to complete it's run and retrace or go sideways for few weeks/months.
If you like this update please hit the like button and share your views in the comment section.
Stay safe
#Peace
I will keep this very short.
Total Marketcap denotes sum of both altcoin and bitcoin marketcap.
As per this chart Total Marketcap just broke out of the 938 days long Resistance.
It simply shows we're ready for a new Bull Phase.
Next stop is somewhere around $400 Billion which will take BTC to around $13886. Expecting these figures in August but what really matter is whether alts will grow together with BTC.
Also for the long term you can see the mcap should reach somewhere around 4 Trillion Dollar within the next few years which is almost 16X from here which will take BTC to around 160k. Yeah Thats true, no kidding here!
Since Total mcap shows both alts and BTC will pump what matters is the dominance of BTC should be in favour of altcoins for better Returns.
This is how the market should playout:
BTC Pumps -> Alts Dump
Alts bounce-> BTC sideways
BTC Consolidates: Alts pump more
This will repeat. I will try to post as much updates as possible for you to stay ahead of the market.
I believe there's a bigger alt season waiting for us All we need is BTC to complete it's run and retrace or go sideways for few weeks/months.
If you like this update please hit the like button and share your views in the comment section.
Stay safe
#Peace
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