Crypto Market Cap - 90Billion key level

in #bitcoin9 years ago

This 90billion area was resisted as the highs in May and the first level sell-off lows earlier in the month. The current level is 94 billion or just a small area to that level. It would have been nice to make a higher low from the earlier ones as this sets up a double top formation. I'd be surprised if this goes much further but the market will end up doing what it does and with many people flocking into cyrptos for the main reason of devalued fiat currency on every nation than I see this as nothing more than a correction on the early stages of hyper inflation. #MyOpinion

Derek.

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