Total 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect
BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)
#cryptocurrency
TOTAL2
BTCUSDT 
ETHUSDT
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect
BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)#cryptocurrency
TOTAL2BTCUSDT ETHUSDT
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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.