Crypto MarketCal Update
- Still below the 2021 high
- Next major targets are $3T, $5.3T, and $9.8T
Total Crypto MCap is currently going through a consolidation phase after a good run in Q3 of 2023 and Q1 of 2024
Historically, Q2 and Q3 have been bearish for crypto, and so far, the same has happened
Right now, the supply is overtaking the demand, but it'll change
In Q4, there are a lot of bullish things that could pump the crypto market
- Donald Trump winning
- FED rate cuts
- Global liquidity rise
- FASB accounting
So, don't think of the short term and pay attention to the bigger picture.
