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RE: MARKET RECOVERY MODE: Trending UP Again! Crypto Market SMASHES Past the HALF TRILLION Mark Once More. That's $500B for the Statists Bad at the Maths.
Thank you for displaying the global market cap charts. Looking at the 1m, you can see the healthy growth we've had from early February and on as opposed to the "unnatural growth" in December through mid January.
Ups and downs are completely normal. We are at a fairly strong $11k right now for Bitcoin, but I wouldn't be surprised if we saw it dip a little below $10K again for a short term adjustment.
Thanks for the post!
I said similar moments ago, good stuff.
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I told people once we were clear of the Chinese New Year this would happen.
We have been trending up as you know steadily the last 10 days. Big time.
We are days ahead of my balanced prediction, if we build consolidation and foundational gains right now, and stay here on the move up, I will be impressed.
Parabolic gains are fun, but they are not sustainable.
I am fine with finding support and consolidation around the $10k / 10.5 k for a few more days, it builds a solid base of support there.
People need to remember support lines and resistance lines are closely linked in TA / Tech. analysis of charts.
Or in other words, what you see on the way up, you can count on seeing, on the way down.
Those support lines on the bottom, and for the bounce are important.
You know your crypto, you have proven you know more than you say here, pretty much every day.
We are lucky to have you.
The statists must hate you LOL