TOTAL2 Looking Bearish but Is Bullish, Explained
The Crypto Total Market Cap Exclude BTC (TOTAL2) chart is looking bearish... This chart is supposed to reflect the altcoins.
Yes, this chart is bearish with prices aiming lower.
What this really reflects is the TOP10 altcoins retracing/correcting soon, they are very likely to continue to lower.
As for the altcoins market in general, including all the other smaller capitalized coins, they can continue to grow after a short initial correction period.
We will see some detachment and lots of change in the coming weeks.
You will be seeing many analysts completely lost as they will try and read a cycle that is already gone.
Cryptocurrency will continue to grow.
Namaste.
Yes, this chart is bearish with prices aiming lower.
What this really reflects is the TOP10 altcoins retracing/correcting soon, they are very likely to continue to lower.
As for the altcoins market in general, including all the other smaller capitalized coins, they can continue to grow after a short initial correction period.
We will see some detachment and lots of change in the coming weeks.
You will be seeing many analysts completely lost as they will try and read a cycle that is already gone.
Cryptocurrency will continue to grow.
Namaste.
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