TOTAL Crypto Market Cap - Fractal with pitchfork
TOTAL crypto market cap fractal: last bull run overlayed on this bull run + fib expanded pitchfork. This is the most bullish/optimistic scenario (history repeating itself).
Beautiful support/resistance points on pitchfork lines (parabolic, this is log chart). Suggests $28tn mcap peak in Dec 2021. BTC.D chart suggests to me that 25% BTC dominance is a reasonable probability => $350k BTC. ETH would go to $30k - $60k in this scenario. The high point lines up perfectly for Dec 2021. Afterwards expect a 0.886 retrace back to $3tn. Alts will get destroyed again then.
History tells us this is possible. If it happens, many fortunes will be made.
Beautiful support/resistance points on pitchfork lines (parabolic, this is log chart). Suggests $28tn mcap peak in Dec 2021. BTC.D chart suggests to me that 25% BTC dominance is a reasonable probability => $350k BTC. ETH would go to $30k - $60k in this scenario. The high point lines up perfectly for Dec 2021. Afterwards expect a 0.886 retrace back to $3tn. Alts will get destroyed again then.
History tells us this is possible. If it happens, many fortunes will be made.