Total Cryptocurrency Market Cap Remains Bullish Despite Deep Cut

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In Brief
  • The total cryptocurrency market cap is trading above support at $300 billion.

  • CRYPTOCAP has broken down from an ascending support line.

  • The total market cap has a more positive outlook when excluding BTC.

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The Total Cryptocurrency Market Cap (CRYPTOCAP) has broken out and validated an important horizontal level as support. As long as it is trading above it, the trend remains bullish. Cryptocurrency Cap Re-Tests Resistance The CRYPTOCAP has increased by 186% since the March crash 186 days ago. The early September losses caused it to return and validate the $300 billion level as support

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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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