#TOTAL MARKET CAP ANALYSIS

in #btc11 months ago

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#TOTAL MARKET CAP ANALYSIS

The total market cap pumped significantly following the successful breakout and retest of the descending triangle. Moreover, it breached the horizontal resistance, which will now serve as a support level.

A successful retest above this horizontal support would confirm a bullish trend. However, if the price dips below the horizontal support, it could indicate a market retracement.

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