BTC/USD, TOTAL, TOTAL2 Chart Analysis Recap!! This should be fun!!
Killer Whale 2021 Technical Recap!!
The TOTAL2 Chart is the Collective Market Cap of all Altcoins Excluding Bitcoin
The image below is a the TOTAL2 chart on trading view from February 18th, 2021:
Now lets compare it to todays TOTAL2 chart! Wow, that is amazing from February 18th until today the entire Altcoin Market has appreciated more that 150% in value:
This is BTC Market Cap since Killer Whale identified the breakout on November 20th 2020. With a total appreciation of 264% since the breakout. Currently BTC Market cap is holding over 1 Trillion:
In this chart Bitcoin is going absolutely insane since Killer Whales analysis where the 2 arrows began on January 1st, 2021:
The chart below is the TOTAL Market Cap. This is the total market cap of all cryptocurrencies combined. Killer Whale identified the exact day of the breakout on November 5th, 2020. You will notice the entire crypto market skyrocketing towards the traditional target of 817% in a parabolic fashion.
I would start to be very cautious when the TOTAL Market Cap of Cryptocurrencies begins to approach $3 Trillion. This in my opinion is where some whales will start to come in and shake up the market a bit. Do I believe the run will stop there? No, I do not! Do I think there will be some insane price action around that area? You bet I do! Just putting this out there so everyone can see where we are and where we have come from. Stay Strong Friends!!