Bitcoin RSI Z-Score and price action (yellow) resembles the 2016 cycle’s price action just before mania took hold.
Unfortunately, the same cannot be said of LMACD (red). A break of LMACD has ended the bull run in all cycles, except for the 2012 cycle second peak.
#Altcoins
Macro-Chart for TOTAL2 is still intact.
What we see here is a retest of a giant descending broadening wedge that has been in the making for 4 YEARS.
Everything looks good, don't look too much at short term price action.
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#Total Marketcap is about to run hard ?
The total crypto market cap broke out a few months ago and printed a new ATH of $3.7 trillion.
The current pullback looks like a bullish retest of the breakout point before another leg up.