#Crypto Total Market Cap long-term view - bear market to come?
Ignoring the Corona Panic phase with emotional sentiment we saw repeating patterns of the different market phases.
Follow that TA we are more in a very long Sideways phase as in the final Bear Market phase.
Despite one fakeout we are in the huge 2-week-candle from May 2021 - closing a 2-week candle outside this Sideways phase to the downside might bring the final Bear Market phase.
On the other hand this Sideways phase does take a long time so far - so maybe we will see new long-term patterns.
What are your assessments on that chart?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Follow that TA we are more in a very long Sideways phase as in the final Bear Market phase.
Despite one fakeout we are in the huge 2-week-candle from May 2021 - closing a 2-week candle outside this Sideways phase to the downside might bring the final Bear Market phase.
On the other hand this Sideways phase does take a long time so far - so maybe we will see new long-term patterns.
What are your assessments on that chart?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
