Crypto News

Monero Price Continues Its Bullish Streak, Will This Be Its Next Trading Range?

Monero price has been bullish despite the broader market trends. Over the last 24 hours, XMR has continued moving up on its chart. It gained close to 4%. In the past week, Monero price gained significantly as there was a 9% appreciation on the altcoin’s chart. The technical outlook for the coin was bullish on the one-day chart. Monero has experienced low buying pressure over the past few days. The technical indicator now displayed that buying strength was recovering on the charts, which meant that XMR could be headed close to its next resistance mark. With increased demand, XMR could hold onto its bullish momentum. The support zone for Monero price was between $146 and $136, respectively. Bitcoin was also up on the charts, which has helped other altcoins make recoveries on their respective charts. Monero has to move above the $146 price mark. That could only be possible if the demand for XMR continues to increase and remain consistent. Monero Price Analysis: One Day Chart XMR was trading at $146 at the time of writing. The coin’s immediate resistance level was $154. The coin needs to move past that level for the bullish streak to strengthen on the chart. The other tough price ceiling for Monero price to break past would be $163. The bulls have been rejected at that level for multiple weeks now. On the flip side, if Monero prices go through a pullback, the first level for Monero would be $134. A fall below the $134 price mark could cause XMR to move down to $127. The amount of Monero traded in the last trading session decreased, which indicated that selling strength had fallen at the time of writing. Technical Analysis XMR’s technical indicators have reflected the increase in buying strength, painting a positive price action. Selling strength on the chart declined, which could help XMR move up on its chart further. At the moment, the Relative Strength Index moved up near the half-line, and buying strength and selling strength were almost even. As the indicators displayed, the chart sided with the buyers more. Monero price moved up above the 20-SMA as buying strength recovered. It also meant that buyers were driving the price momentum in the market. Related Reading: Polkadot Price Drops On Chart With Resistance At $6.80, What’s Next? XMR’s other technical indicators are also inclined towards the bullish side. The Moving Average Convergence Divergence indicated the price momentum and overall price action. The MACD underwent a bullish crossover and formed green signal bars, which was buy signal for the coin. The Parabolic SAR determines the price direction of a particular crypto. The dotted line below the price candlestick means an upward trend for Monero price. Related Reading: Cardano Price Fails To Pierce Through $0.48 As Bears Continue To Dominate Featured image from The Street, Chart: TradingView.com

Crypto News

ApeCoin Performance Could Attract The Whales – How About The Bulls?

ApeCoin has recently made it to the top 10 in terms of trading volume from over 100 of the largest ETH whales as seen in the past 24 hours. APE made it to the top 10 in terms of trading volume ApeCoin’s MRV has been seeing sustained growth APE price up by 1.46% The Bored Ape Yacht Club isn’t running out of cards to play with the integration of a new staking rewards program that caught the attention of many ETH whales. The developments surrounding the BAYC token could be the main culprit for its recent popularity. The buoyancy experienced with the increase in whale interest is just one of the many impressive developments happening for APE. Related Reading: QUANT Basks In Green As QNT Coin Surges 35% On 7-Day Rally ApeCoin Bullish Technical Indicators For one, ApeCoin’s MRV has been seeing sustained growth and doing tremendously well over the past month. With all of these positive indicators flashing, investors will see this as a bullish streak for APE. Additionally, APE’s market capitalization has also surged from $1.46 billion to as much as $1.65 billion as of this writing. According to CoinMarketCap, the APE price has skyrocketed by 1.46% or trading at $5.40 as of this writing. However, APE’s trading volume has seen a massive reduction from 590.45 million to 141.08 million. ApeCoin also registered a drop in terms of activity which shows the limited wallet transactions. Based on this scenario, the APE price could sink below the $5.135 key support line in the coming days. Moreover, the altcoin’s RSI at 39.64 and CMF at -0.03 also demonstrate a bearish movement. Based on the APE chart, there really isn’t much traction noted since its launch in March. Notably, APE has plunged by as much as 80% from its ATH with NFT demand going down; the demand for APE also dwindled down. There is really so much going on in the NFT market that is causing the sideways motion of ApeCoin. BAYC Innovates With Rewards Staking Program If there’s one thing really impressive about the BAYC, it is the creators who continuously reinvent themselves and innovate their brand to be more relevant to their target market. Its staking rewards program is one of its huge developments so far. With a rewards staking program, the crypto is locked up for a certain period at which you’re not allowed to trade it but it generates passive income for you as the owner. By letting someone gain access to your crypto for a prescribed time, you earn rewards. Staking rewards are extremely popular with investors because you gain more revenue by staking your altcoin especially if it’s relatively going up in value. The sneak peeks of the ApeCoin rewards staking program were rolled out on September 3. Recently, on September 22, Apecoin revealed that the rewards staking program will go live on October 31. Related Reading: Bitcoin Notches Highest Trading Volume In Over 3 Months, Binance Data Shows APE total market cap at $1.65 billion on the daily chart | Source: TradingView.com Featured image from MakeUseOf, Chart: TradingView.com

Crypto News

Will October Bring Fearfulness To Crypto For 200 Straight Days?

Data shows the crypto market has been fearful for 171 days already, will the streak continue in October and reach 200 days? Crypto Fear And Greed Index Points At An Extremely Fearful Market As per the latest weekly report from Arcane Research, the crypto market has been continuing to show a fear sentiment since April of this year. The “fear and greed index” is an indicator that measures the general sentiment among investors in the cryptocurrency market. For representing the sentiment, the metric makes use of a numeric scale that runs from zero to hundred. All values of the index greater than 50 imply the market is greedy, while those below the threshold suggest fearful investors. In these main sentiments, there are two zones that have historically been particularly important for prices of coins like Bitcoin. These are the “extreme greed” and “extreme fear” regions and they occur at values greater than 75 and below 25, respectively. Related Reading: Get Forked: Ethereum PoW Forks Fall 66% In Just Days The relevance of the extreme sentiments is that tops have usually taken place in the former type of periods, while bottoms have formed in the latter ones. Now, here is a chart that shows the trend in the crypto fear and greed index over the last year: The value of the metric seems to have gone down in recent days | Source: Arcane Research’s The Weekly Update – Week 37, 2022 As you can see in the above graph, the crypto fear and greed index recently observed a small surge as the Ethereum merge came around, but as soon as the investors realized it was a sell-the-news event, the sentiment dropped back down sharply. Two days ago, when the report came out, the indicator had a value of 23, which would suggest extremely fearful mentality. Since then, it hasn’t budged much as today’s value is still 22. Related Reading: Bitcoin Falls Under High Selling Pressure, What Will Shoot Its Price? The crypto market has been in a state of fear since the month of April, making it a continuous run of such sentiment for 171 days now. Back during the relief rally in August, the indicator came the closest to escaping from this region and ending what has become the longest streak of fear in the history of the index. However, before investors could embrace greed, the rally ended and the sentiment immediately plunged down. Currently, it’s unclear when the run would finally come to an end. If it keeps on and runs through October, crypto investors would have observed 200 days of fear. BTC Price At the time of writing, Bitcoin’s price floats around $19.2k, down 5% in the last seven days. Over the past month, the crypto has lost 10% in value. Looks like the price of the coin has been mostly moving sideways in the last few days | Source: BTCUSD on TradingView Featured image from Thought Catalog on Unsplash.com, charts from TradingView.com, Arcane Research

Bitcoin Crypto News

Bitcoin Price Bottom To Take Place In Q4 This Year, Crypto Expert Predicts

Bitcoin price sliding deeper into the pit can likely happen before this year ends. Last week, the cryptocurrency market shed $165 billion of its total market capitalization with crypto frontrunner Bitcoin slumping into a bearish streak. With this development, both traders and investors are now making conscious efforts to look ahead of the leading digital currency’s possible bottom. Rekt Capital, a well-known crypto trading expert, shared some insights about what could be next for Bitcoin, saying that by the end of this year the asset might just reach another low point. The expert has taken into account the recorded movement of the crypto’s price during a specific period right before the reward for mining its block is cut in half – a process known in this space as halving. In conclusion, Rekt Capital said Bitcoin might bottom in the last quarter of this year, more than 500 days from its scheduled halving in April 2024. Bitcoin’s Weakening Support Range In his blog, the trading expert also discussed how the crypto alpha is showing weakness as far as its $20K support price range is concerned. Rekt Capital noted that the observed rebound from this particular support price has been weak and this could turn out to be ugly for Bitcoin as it points to the $20K barrier becoming the new resistance range for the asset. If this happens, the public could be looking at significantly lower support ranges, set at $17,165 and $13,900. The crypto aficionado, however, said a lot more could happen within this month. But if the trend continues, these theories could turn out to be realities that Bitcoin investors will have to deal with. Related Reading: Bitcoin May Retest $20,000 Zone Before It Drops To $18,000 Level Where Is Bitcoin Price Headed? If Bitcoin will indeed form a bottom by the end of this year, where will its price stand? Rekt Capital also shared his thoughts on the matter. Using his Historical Death Cross Analysis, the expert was able to determine that since its price is moving into a new resistance, the leading digital currency might see its bottom between $16,985 and $23,467. At press time, CoinGecko’s tracking data indicate the maiden cryptocurrency is trading at $19,403.89, losing 13.1% of its price in the last seven days. Meanwhile, the asset’s price could slide further down to $11,500, falling well below the projected $13,900 monthly support if things start to get sideways. As for the short term, Bitcoin is seen to slump all the way down to $16,700, but then that might not even happen. Related Reading: Stellar (XLM) Shows Strong Recovery From Recent Slide BTC total market cap at $370 billion on the daily chart | Source: TradingView.com Featured image from Al Bawaba, chart from TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

Crypto News

Cosmos ATOM Also Loses Its Gains As Market Fluctuates Heavily

ATOM remained an exception to the general downtrend of the crypto market for a couple of days as it continued to gain despite heavy price fluctuations of other tokens. The Ethereum Merge took place successfully on September 15th, marking a historic moment in the history of crypto. However, just as some analysts predicted, it did not result in a spike as optimists have forecasted. In fact, most cryptos, including ETH, and BTC, experienced a downturn at the same time. This confirmed the “Buy the rumor, sell the news” tag; crypto analysts conferred on the event in advance. Related Reading: XRP Price Rallied 7%, Is It Gearing To Test The Next Resistance? Nonetheless, one token continued to stand out amidst the bearish market trends, the native crypto of the Cosmos protocol. Despite the extreme market fluctuations, ATOM continued to glide upward, gaining up to 20% in 48hours. ATOM is trading below $16 at the time of writing, still above more than 10% of its pre-merge price of $14. The Cosmos native token has been experiencing its up and downs in an ever-ascending trendline, unlike the wider market. ATOM Gains Were Due To IBC and Staking Opportunities The recent gains lead back to the influx of protocols migrating to the Cosmos blockchain. After the crash of the Terra ecosystem, several projects rebuilt their operations on Cosmos Hub. Consequently, each project adds value to ATOM by participating in the inter-blockchain security system IBC. Cosmos also offers staking opportunities with a lucrative APY of close to 18%. Furthermore, the network is introducing different utilities into its ecosystem, which will increase the value of ATOM going forward. One of these is the liquidity staking the protocol is ready to launch. Additionally, protocols on Cosmos are preparing to launch their own stablecoins, with ATOM most likely the primary assets for minting. Recent Macroeconomic Events Contribute to Increased Market Volatility Meanwhile, recent macroeconomic events have increased bearish pressure on the digital assets market. As cryptos struggle to breach various price barriers and flip bullish, these factors bear down, causing the assets to fluctuate. Events like the recent release of the August inflation data reveal the continued rise of inflation. Related Reading: Chiliz (CHZ) Could Be Set For A Hot Streak With This Data Ethereum, for instance, has been rising and falling within the $1,700 and $1,500 range in the past seven days. Its volatility curve has been on a downward trend for the past week. The second largest crypto by market cap is down 11% since the Merge. ETH is currently trading below $1,500. As for Bitcoin, the crypto dropped below the $21,000 zero mark on Thursday in response to the Tuesday inflation data release. The first coin has been trading inconsistently within the range of $19,000 to $23,000. BTC is trading at above $20,000 at the time of writing. Featured image from Pixabay and chart from TradingView.com

Crypto News

MANA Under Sideways Motion In The Last 4 Months

The MANA relative strength index has shown growth which signals an increase in buying activity.         New developments, partnerships in Decentraland contribute to price spike         Decentraland social mentions amplified by 89.07%         MANA price up by 1.04% There are so many exciting developments happening for Decentraland (MANA), such as the partnership of StadioPlus with LaLiga, a Spanish football league giant. The partnership allows LaLiga to feature themed plots of virtual land starred in Vegas City, which happens to own the biggest entertainment, games, and sports areas of Decentraland. With that being said, a bullish reversal is possible, off-shooting the $0.84 barrier and peaking towards the $1.26 mark. According to CoinMarketCap, MANA price has skyrocketed by 0.15% or trading at $0.7431 as of this writing. Related Reading: Zcash Sheds 14% Last Week, But Analysis Reveals Buying Opportunity MANA/USDT Pair: Sideways Rally The MANA/USDT pair is observed on sideways motion in the last four months. With this rally trend, the $1.15 resistance is now a barrier to any bullish outbreak. However, the $0.756 to $0.74 support levels have set an accumulation of active bullish activity. Following the retracement that occurred in the second half of August plus the massive sell-off in light of the flush of high CPI data, Decentraland’s price has diminished to the key support of $0.71. On the flip side, MANA has retested the support level many times, triggering a recovery. At this point, the buyers can resuscitate the prices from the ground up and set a bull run at the key resistance of $0.756. But, in order to do, the buyer will need to snag the supply level of $0.84 to validate this rally. On the other hand, a breach below the mark of $0.71 signals a downtrend which could lead to MANA losing its $0.71 support. Decentraland Social Metrics Up  Decentraland is stirring up enormous social engagement following its development announcements with LaLiga. Stephen Ibbotson, Head of Franchises and Licensing CEP said, “This licensing agreement will allow us to reach a new and significant audience, like that of Decentraland.” The news has dramatically improved the numbers of Decentraland’s NFT. Decentraland social mentions were amplified by 89.07%.  Social engagement has also improved by 30.6%. More so, Decentraland’s NFT prices have also spiked to 1.66 ETH showing an increase of 9.42%. Miles Anthony, Decentraland Games’ CEO and Co-Founder tweeted the huge improvement seen in Decentraland towards the end of the Q4. “Yesterday, on day 2 of ICE Poker Flex being live, we hit all-time highs of 614 DAU (Daily Active Users) and 593 tournaments played”, Anthony said. Related Reading: Chiliz (CHZ) Could Be Set For A Hot Streak With This Data MANA total market cap at $1.37 billion on the daily chart | Source: TradingView.com Featured image from Binance Academy, Chart: TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

Crypto News

Zcash Sheds 14% In Last 7 Days, But Analysis Reveals Buying Opportunity

Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past week. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC’s RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a hint of a downtrend. Now, will the bulls pull it off and haul the price back to $66? Zcash Fibonacci retracement levels have hovered up from $55 to $92.6, showing an 83.4% retracement level, which is close to the key support zone of $58. In June, the $55 to $58 zone emerged to be a bullish lane. Related Reading: Chiliz (CHZ) Could Be Set For A Hot Streak With This Data OBV Hints Increased Buying Volume More so, the OBV is also seen to rise since July hinting at a more stable buying volume which is recognizably stronger compared to the selling pressure. On the flip side, frequent retests of the support level seem to have weakened it. If the ZEC price dips below $58, then the coin could further slip to $55 and $52, triggering a new buying opportunity. Still, the momentum is geared towards the sellers with the RSI unable to offshoot the 50 zones and stay above that level. On a 2-hour chart, Zcash appears to have dampened its strength and has weakened as seen in the past couple of weeks. The $67.3 area was bearish as seen since August. More so, the same area has been retested twice. At this point, the AO reveals a bullish divergence. So, as the price thrusts into the support zone, the momentum is perceived to switch. ZEC’s price is currently heading above the consolidation period while enjoying the uptrend. Zcash Price Spikes By 1.86% According to CoinMarketCap, ZEC’s price has surged by 1.86% or trading at $58.25 as of press time. The total market capitalization slumped by 4.62%. More so, trading volume has dipped by 39. 53%, which shows that the buyers are trying to grow their ZEC holdings. On the daily price chart, ZEC is seen to spike in price as it hovers near the upper trendline. In order to breach the support line, bulls must consolidate at ZEC. On the other hand, bears can try to deter the coin’s uptick at any time with the constricted rate of accumulation. If the bulls want to go in full force and avoid any deterrence from the bears, then they must accumulate. Based on the daily chart, ZEC’s price is trying to maintain its momentum during the consolidation period. Technical indicators show the increased speed of ZEC’s upward trend. ZEC’s RSI is currently 42 which is below neutral. The MACD seems to intersect with the signal lines which could signify changes in trends. Related Reading: XRP Sluggish In Last 7 Days As Ripple Vs. SEC Case Drags On Crypto total market cap at $938 billion on the daily chart | Source: TradingView.com Featured image from Tino Group, Chart: TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

Crypto News

Chiliz (CHZ) Could Be Set For A Hot Streak With This Data

Chiliz (CHZ) is a blockchain technology company that aims to tokenize the sports and entertainment space. CHZ displaying enormous traction and uptick despite a bearish market Chiliz partners with giant sports organizations and teams CHZ price spikes by 6.21% as of press time Chiliz has ramped up on major developments and partnerships with giant sports organizations and teams all over the world. According to CoinMarketCap, CHZ’s price has soared by 6.21% or trading at $0.2161 as of this writing. Related Reading: XRP Sluggish In Last 7 Days As Ripple Vs. SEC Case Drags On CHZ Collaborates With Sports Clubs CHZ has shown a massive price spike last month following Chiliz’s partnership with FC Barcelona, a well-famed Spanish football club. The token was seen to climb by 73% on August 18, showcasing a four-month high. This recent price spike anchored the token to outperform major cryptos like Bitcoin and Ethereum. Basically, Chiliz is an open platform that allows a variety of sports organizations to mint limited tradeable fan tokens that provide their fans exclusive membership benefits and perks, access to NFTs, voting rights, and merchandise rewards. Chiliz has expanded its network with football clubs and organizations including FC Barcelona, Paris-Saint Germain, Manchester City, and Atlético de Madrid. Sports teams partner up with Chiliz for brand awareness and marketing plus also provide fans with modern and immersive experiences. CHZ Joining The Ranks Of Top Performing Crypto Chiliz is currently the 47th largest crypto in terms of market cap at $1,293 billion as of this writing. CHZ has currently joined the bandwagon of the top-performing cryptos over the weekend. So far, the coin was able to spike by 9.2% in the past 24 hours. This might be a minimal spike compared to the performance of other coins but at this point, the performance of CHZ is extraordinary considering the bearish market. CHZ recently announced on September 15 their plans to roll out a new fan token which has encouraged more investors to buy and trade the coin. Technical factors also contributed to CHZ’s uptrend. The crypto has been extremely bearish as it experienced a correction dropping from $0.24 to hitting a weekly low of $0.164. The RSI of CHZ is shooting above 50 implying a strong buying pressure. The performance of Chiliz the past week is comparably lower in comparison to the previous key support zone retested a week earlier. Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data CHZ total market cap at $1.4 billion on the daily chart | Source: TradingView.com Featured image from DailyCoin, Chart: TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

Crypto News

How Litecoin (LTC) Is Able To Muster A 5-Day Straight Rally

Litecoin (LTC) is performing at its peak levels as seen in the past five days. LTC exhibits the formation of a rising parallel channel pattern LTC price is down by 0.69% as of this writing LTC price on a 5-day straight rally registered a growth of 21.4% LTC is having a bull run as validated by the formation of a rising parallel channel pattern touching the key resistance seen at $66. The key resistance zone has been a major hurdle for LTC hindering any bullish growth for the past couple of months, hinting at a price reversal. Nonetheless, even if the LTC price can break through the resistance zone, there are still more junctures in the road. Related Reading: Avalanche Outmatches Top Cryptos As AVAX Posts 11% Rally In Last 7 Days Litecoin Manages To Hold Above $53.5 Support The crypto market has been taking the low blows with major corrections going on that further toppled down BTC and other major altcoins in 2022. Even though Litecoin did suffer through a retracement, the support of buyers has allowed the altcoin to hold above the key support zone of $53.5. According to CoinMarketCap, LTC price has plunged by 0.69% or trading at $82.59 as of press time. The support level has been retested multiple times which allowed the bulls to come back stronger on September 7. Moreover, the bullish reversal also helped with sustaining the buying momentum and the rising parallel pattern which hoisted the recovery of LTC in the past three months. LTC price has been on a surge for the fifth straight day, tapping on the growth of as much as 21.4%. The bullish streak has touched the monthly key resistance of $66 and showing some difficulty to climb further. Any signs of bearish reversal at this point will trigger a price decline back to hoist the trendline. LTC To Experience Corrections On the other hand, if the coin buyers can successfully break the barriers of the overhead key resistance zone, the LTC price could potentially spike 6.8% higher before it can touch the trendline. Further, the LTC price may revert from the resistance level and start a bearish trend. Additionally, the rising channel patterns formed are presumed to trigger further downtrends. With that in mind, the LTC price has a strong tendency to breach the key support line, strengthening the bearish momentum. Related Reading: Cosmos Touches Highest Point Since May As ATOM Expands 25% Hence, until LTC prices fail to breach the key resistance level, Litecoin may encounter corrections. The 20- and 50-day EMAs are spotted swerving sideways showing that the bearish momentum could be faltering. More so, the bearish crossover seen sliced between these slopes strengthens the $66 resistance. Litecoin’s RSI is also seen to spike higher and look bullish showing growth in investor and buyer confidence. LTC total market cap at $4.4 billion on the daily chart | Source: TradingView.com Featured image from Blogtienao, Chart from TradingView.com

Bitcoin Crypto News

Bitcoin Bulls Aim Past $20,000 Level – How Hard Can They Charge Forward?

Bitcoin bulls have their hands full in the next days to carry out a strong advance to lift BTC out of the pit. Throughout today’s trading session, the market’s performance has been bullish. CoinGecko reports that bulls are driving prices higher for nearly 80 of the top 100 cryptocurrencies. The site has only flagged six coins as the biggest losers so far. CoinGecko has identified Bitcoin as one of the top advancing currencies. With a 24-hour market volume of $34.7 billion the currency has seen a massive increase in value in the last few hours. This increase in price is consistent with the bullish trend seen in the market for other cryptocurrencies Friday, which includes Ethereum. But looking at the big picture, Bitcoin is still far below its August high of $25,000, when it first reached its current value, but in fairness, it already has its sights past the  $20K barrier. As shown in the graph, Bitcoin attempted to consolidate its price range over the course of 45 days. Chart: TradingView.com Bitcoin Bulls Resisting Downward Pressure Bitcoin attempted to reduce volatility between August 19 and August 26. Bitcoin’s price fluctuated between $21,897 and $20,790. Despite the bulls’ best efforts to stabilize the price of the coveted token on August 26, its value continued to decline. Investors and traders were frightened by these previous price movements, as their indicators transmitted strong bearish and sell signals. But recently, bulls sped up and gave Bitcoin the push it needs to attempt a big run. Related Reading: Cardano (ADA) Could Shed Another 14% Off Its Price – Here’s Why Chart: TradingView.com Using the Fib retracement tool, the $19,141 support line can be identified at the 78.60 Fib level. As of the time of writing, Bitcoin bulls have broken through the 61.80, 50, 38.20, and 23.60 Fibonacci levels. In addition, real-time data indicates that bulls are attempting to consolidate their gains. As they attempt to settle above the next likely support line at $20,321, they are also testing the strength of the next resistance range at $20,821. Gunning Past The $20K Mark Additionally, we can identify two levels that will be significant in the coming days. Prior to Bitcoin’s entry onto the scene with bullish activity, two support ranges sustained this movement. Related Reading: FLOW Reclaims Green Turf After 7-Day Losing Streak The highlighted regions are the Fibonacci levels 100 and 71.80. The fate of the current market reversal will be decided at these two upcoming junctures. If the bears push the price below these levels and break through, a Bitcoin recovery may not occur at this time. If the bulls persist and overcome the $20,828.14 resistance, the current price reversal will be the relief rally that investors and traders have been anticipating for months. BTC total market cap at $399 billion on the daily chart | Source: TradingView.com Featured image from TechSpot, chart from TradingView.com