Crypto Market To 50 Trillion?

4 ก.ค. 2021

Keep in mind that this chart does not include market cap of Bitcoin

Is it possible for the Crypto market cap to reach 50 trillion in the future? I think so with adoption worldwide matching internet growth in the 2000s.

ibb.co/m8Rztfm
twitter.com/woonomic/status/1356310219215699968?s=20

"In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997.

But Bitcoin's growing faster. Next 4 years on the current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet."

Using Fibonacci when we can speculate a time when that could be possible ,let's start with the Fibonacci Time Zones .

Fibonacci Time Zone Dates

0-----09 November 2015
1-----08 January 2018
2-----09 March 2020
3-----09 May 2022
5-----07 September 2026

0-----08 January 2018
1-----09 March 2020
2-----09 May 2022
3-----08 July 2024
5-----06 November 2028

Fib retracements

1.618 fib comes in at 10 Trillion by May 2022 I arrive at this market cap and time based on the Resistance line coming in from the base bottom of crypto market , which I call these lines Genesis lines because they play very important part on price on the Macroscale and they always start from the beginning , Bitcoin has one to I will include the TA below which goes over this. ibb.co/HTSKWS9

So if price does correct 90% at 10 trillion market cap line last bull run that would put the next bottom at 0.786 Fib which is 780 Billion market cap , basically the prices we are right now.

As I have gone over my last TAs, a Cycle Peak from January 2022- May 2022 is where I see us putting in a Marco top for years.