GOOD INFLOW OF MONEY INTO CRYPTO MARKETS
Since my last post on crypto marketcap there are good signs of funds inflows into the market. The falling channel we discussed last time have broken upward again. It did break up around Jan. 28 too but failed to keep the upward momentum.
Let's see what happens this time? Could it touch $500B market cap again?
I think once we reach $550B again, there will be fireworks!
Wait, I'll break out my crystal ball.
Possible scenario:
step 1: forming right shoulder of head and shoulder bottom.
step2 : rally up, not to far, to compete wave B of wave 4.
step3: break of uptrend support to complete wave 4 with a final wave C selloff.
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Let's see dear friend, if this scenario unfolds!
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The last few weekends there'a been some good buying but it turns red during the week. Hopefully with Chinese New Year this week, the markets start to see more green. :)
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Let's see what happened this weekend. I am hoping the same that total marketcap will go up this weekend!
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Fingers crossed!
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May be not.. need time.
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I think taking some time to recover and keeping the gains will be very healthy for long run!
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Yes, you are right I think
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the markets are going up good for long terms holders :D keep sharing more updates about it one trillion dollar market cap by this year seems possible
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Many times I seen about $50B injection or outflow in a day or change about $120B in marketcap. Me too very optimistic for 1T cap by this year end.
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$500 billion market cap again is quite achievable as the new highs will come so definitely it can do it
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i will be really happy if it goes upward as there are many speculations already :) good time still to buy
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thanks for information on crypto great analiysis ot it 😊
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january seems to be the time when prices remain on top low
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I'm pretty sure we will pass 500B market cap. I think this year we are going to reach 1 trillion, thanks for the info by the way!
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Let's hope for that BIG 1T Soon!
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