#REVIEW TOTAL CRYPTO MARKETCAP
$BTC loses its influence over time, so the most precise analysis is made on TOTAL, which is a ticker for the whole crypto mcap.
This week we saw a fakeout of the previous ATH at roughly $3T and I said that it's actually bullish.
I still think so, as TOTAL shows a consolidation right below the resistance, it's like knocking on the door🚪 One day the door will be opened and we'll get a consolidation breakout: a strong pump well above previous highs.
This pump can be insanely high, as this is price discovery zone with no further resistances.
I bet TOTAL will pump through this $3T resistance pretty soon! Can't wait for retail to go crazy and for Coinbase back to number one app in App Store
👑 Vitalik Buterin has been proposed for a Nobel Prize nomination.
Economists Tyler Cowen and Alex Tabarrok suggested nominating Vitalik Buterin for the Nobel Prize in Economics.
“Vitalik built a platform, created a currency, and arguably disproved Mises' regression theorem, clearly following in the footsteps of Satoshi,” said Cowen.
Mises' regression theorem asserts that the value of currency today is based on the subjective value it had in the past.
🗣Singapore Crypto Exchange Fairdesk Announces Closure
Singapore-based cryptocurrency exchange Fairdesk has announced it will cease operations due to unfavorable market conditions and regulatory changes.
The exchange, which offered spot and futures trading, will halt all trading activities starting October 17, with withdrawals allowed until the final closure on November 30.
Users are urged to withdraw funds before the deadline.
This decision follows stricter regulations imposed by the Monetary Authority of Singapore (MAS), increasing risk levels for digital asset exchanges.
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Watch the video below
Classic consolidation and breakout to the upside, BTC loves that move.
What I'm concerned about is EVERYBODY is predicting 150-250k next year. When the entire market thinks something... that doesn't happen. I know it has always worked that way. I'm just hoping that this time won't be different. I would really like to finally personally triumph this time. And I know you are in the same situation, my friend! It's time for a win, am I correct?
Blessings and best wishes from BC Canada.
For me the crypto market cap with hit around 10 Trillion before 2028. That's my prediction it looks crazy but it will happen.