cryptosince1963

Is This the Bottom for Crypto? BULLS ARE STILL IN CONTROL!🚀

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Looking at the Total Market cap and BTCUSDT here. There's a lot of confluence showing that next week may be a very bullish reversal for all markets.

TD9 is flashing buy on both BTC and the Total Market Cap. Retracement levels quite interest on both charts with EMA 100 and 50 being our supports respectively. This may indicate more bullishness for the overall market than for btc.

Likewise we can see the total2 marketcap excluding btc, has bounced off the bottom of it's down channel and now has retraced off it's 300 EMA.


Additionally, BTC Dominance, though it tried to reverse on the correction, showed very little actual movement. However it did allow the TD9 to reset completely! Allowing us a full downtrend from here still if we wanted.


This implies a heavy bullish bias towards alts! Which is great for us - as if this seeming support level fails it's like a straight bomb down to the bottom.


Overall, The confluence of these signs of the various chart throughout the market points to this week being extremely bullish, which is deserved after the past week and a half of Bearish downtrend.






Come hang out with me on telegram, it's free and I won't be too mean too mean to you:

t.me/KadnimCrypto
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