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$total $alts
repeating rsi double bottom then goes overbought on a break above accumulation resistance zone denoted by the horizontal dotted lines on the main chart.
note the extended double bottom on the rsi in this cycle
repeating rsi double bottom then goes overbought on a break above accumulation resistance zone denoted by the horizontal dotted lines on the main chart.
note the extended double bottom on the rsi in this cycle
$total $alts
From peak to trough to breakout has taken approx twice as long in the cycle compared to the previous cycle
From peak to trough to breakout has taken approx twice as long in the cycle compared to the previous cycle
$total $alts
The altcoin market cap increased approx 500x from around $80m to $400b+ from the breakout of accumulation to peak.
If the altcoin market cap conservatively increases just 10% (50x) of the previous move, that puts it around $5t at the height of the current cycle.
The altcoin market cap increased approx 500x from around $80m to $400b+ from the breakout of accumulation to peak.
If the altcoin market cap conservatively increases just 10% (50x) of the previous move, that puts it around $5t at the height of the current cycle.
$total $alts
Now don't judge my Elliot wave technique (or do, I'm open to learning) but to me, it seems pretty clear we're likely just now only about 40% through wave one of this cycle, with quite a bit more upside in this leg to come taking us past previous market cap highs.
Now don't judge my Elliot wave technique (or do, I'm open to learning) but to me, it seems pretty clear we're likely just now only about 40% through wave one of this cycle, with quite a bit more upside in this leg to come taking us past previous market cap highs.
