ALTS MARKET CAP (VIP UPDATE)--------------------
With both a Daily bull-flag breakout and a rejection just below our previous highs, our Total Alt Market Cap (Excluding BTC) is currently hanging from a single string, which is broken by the bears, would take the entire market falling rapidly towards our next key support at $1.2 Trillion.
This would mean seeing drops of 10-20% in all major alts before a potential bounce.
However, there is still a possibility for the bulls in the short term… an option that must be executed quickly if we are to head once again to our alt-season of glory…The only move that would confirm bullish strength for alts would be a solid break and close above our $1.5 Trillion All Time Highs on the Daily. This would pretty much wash all the remaining bears from the market and while doing so pushing even higher, potentially reaching $1.8 Trillion or even $2 Trillion in a matter of a few months.
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Yours truly,
Leaks By @VIPLeaksClub
