Market Capitalization after closing the 5/24/21 daily candle
Alright! Let’s take a look at the Total Market Capitalization after closing the daily candle. Couple of hours ago the 5/25/2021 daily candle opened and everything especially the bullish behavior of Bitcoin shows the Market Capt is bullish too and I expect at least it will touch 1.899 trillion $ by the end of closing the current daily candle. So according to this assumption Bitcoin at least will hit the 43000 before closing the 5/25/21 daily candle, although personally I believe it will be beyond 44000$. Why?
1- Bitcoin daily chart shows it hit the EMA200 on 5/19/21 on 42130$ and the bullish behavior of Bitcoin as well as gold rule of EMA200 shows chart will go beyond the EMA200.
2- The Bitcoin Dominance is higher that its dominance when total Market Capt left its channel. I expect more power in compare with ETH and other Altcoins.
1- Bitcoin daily chart shows it hit the EMA200 on 5/19/21 on 42130$ and the bullish behavior of Bitcoin as well as gold rule of EMA200 shows chart will go beyond the EMA200.
2- The Bitcoin Dominance is higher that its dominance when total Market Capt left its channel. I expect more power in compare with ETH and other Altcoins.