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Welcome to this Total M.cap update.
Total M.cap looks good here. Breaks out from the descending channel. Expecting a retest from here and that retest will be a good buying opportunity.
I'm expecting a good rally in the crypto market before Christmas. Most people are still expecting new lows of BTC but IMO first we might see a short-term rally in the market from here. Expecting BTC to go 19k-20k from here.
Invalidation:- Any 4hr candle close below 770B
What do you think about this? Do you also think that we might see a good bullish rally in the month of December or do you think this is just a trap? Share your views in the comment section.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.