I’m a big respecter of zones and trust me, the entire financial market is also a respecter of zones

The chart below 👇🏿 is the chart of the total market cap of the cryptocurrency market on a monthly time frame. At the moment, the entire crypto market cap is 2.5 trillion dollars and right now, it’s at a resistance zone as you can see at the red rectangular box. Prior before now, the former all time high was at 3 trillion market cap which was a wick as marked out with the orange circle 🟠 as seen in my charts
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We might experience another wick out (maybe) but most certainly, there’s a very high percentage that we are gonna dump heavily from this resistance zone down to its support zone and that’s a 44% dump (imagine what that dump will do to your favorite 😍 alts). Anyways, remember that after the pandemic of 2020, a lot of great financial analyst have come out to say that almost every asset all around the world is overvalued with about 40% due to the amount of money that was printed and that was circulated during Covid and this money will soon be taken off the economy. I think it makes sense cause the charts is saying same. So therefore, $BTC has a very very good chance to retest 30k$ . Fibonacci also has given us a buy back season at $1.4 trillion market cap zone. That’s our golden zone as seen in my super charts. We have loads of confirmation. The only thing that will happen to invalidate this, is if we have a breakout (note- not a fake out) above the resistance zone, but aside from that, my best bet is, a decline by 40% plus and then, a massive buys of over 166% on an average in the entire crypto space and a great push of the total crypto market cap to about $3.9 trillion region. What are your thoughts? 💭 was this article interesting and helpful? Cc: The Best of The Best (@dreamchaserjtk)