Friends, the 3.01T level, which I have identified as the main support for about a year now, continues to work perfectly so far.
As I always say: 📌 As long as this support is maintained, my expectation in this bull cycle is for levels of 10T.
When we look at the chart from a wide perspective since 2014, we see a very interesting cyclical structure: ▪️ Before every bull season, the market has retested the previous ATH level, ▪️ Then started a new cycle strongly.
👉 The level we are currently at is exactly the peak of the 2021 bull season. Last year, this ATH was broken, after a short fake break it was reclaimed, and now it is making a clean retest.
So in summary: 💥 Getting a retest confirmation from here would mean the official start of a new cycle. A rise in $TOTAL means new money flowing into the market. A 10T target means trillions of dollars flowing into crypto, and that:
🚀 Will take the entire market far beyond what is imagined. Even this long-term chart alone is enough for us to estimate the size of the upcoming bull season. Although the short-term volatility of this market often disconnects us from the big picture, the big picture is very clear: 👉 It clearly shows where we stand in the long term and where we can go.
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#TOTAL
Current outlook…
Friends, the 3.01T level, which I have identified as the main support for about a year now, continues to work perfectly so far.
As I always say:
📌 As long as this support is maintained, my expectation in this bull cycle is for levels of 10T.
When we look at the chart from a wide perspective since 2014, we see a very interesting cyclical structure:
▪️ Before every bull season, the market has retested the previous ATH level,
▪️ Then started a new cycle strongly.
👉 The level we are currently at is exactly the peak of the 2021 bull season.
Last year, this ATH was broken, after a short fake break it was reclaimed, and now it is making a clean retest.
So in summary:
💥 Getting a retest confirmation from here would mean the official start of a new cycle.
A rise in $TOTAL means new money flowing into the market.
A 10T target means trillions of dollars flowing into crypto, and that:
🚀 Will take the entire market far beyond what is imagined.
Even this long-term chart alone is enough for us to estimate the size of the upcoming bull season.
Although the short-term volatility of this market often disconnects us from the big picture, the big picture is very clear:
👉 It clearly shows where we stand in the long term and where we can go.