the total crypto market cap suggests that a long term bottom could be in.
this doesn't mean that it can't go lower; but history suggests that this could be the bottom.
if a bottom is indeed in, we're going to see a significant bull run in the months ahead, which takes the total market cap up to around 4.5 trillion $.
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we're going to need some kind of catalyst to make this happen, and it won't come overnight, but i've started to position myself into longer term holds.
still about 80% cash, and i'm ready for lower prices just in case.
this doesn't mean that it can't go lower; but history suggests that this could be the bottom.
if a bottom is indeed in, we're going to see a significant bull run in the months ahead, which takes the total market cap up to around 4.5 trillion $.
---
we're going to need some kind of catalyst to make this happen, and it won't come overnight, but i've started to position myself into longer term holds.
still about 80% cash, and i'm ready for lower prices just in case.
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