Is the Total Cryptocurrency Market Cap Outlook Bullish or Bearish?

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The total cryptocurrency market cap has been correcting since June 26. In the long-term, it looks close to reaching a bottom. A breakdown below significant support could indicate that we are in an extended bear market. Since reaching the $345 billion high on June 26, the cryptocurrency market cap has been decreasing. It initially looked as if the trend reversed on October 25 but the
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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