Will the crypto cycle end soon? 🚨

This is the question many of us are asking ourselves right now.

⭐️ The most pessimistic predict an imminent bubble burst or even a recession.

⭐️ While the most optimistic advocate the explosive super cycle lasting several months

Although no one can predict market movements perfectly.

Some data is relevant to provide a concrete answer 🎯

And for now, what has just happened on the market is crucial:

Indeed, we have just had a bullish golden cross in the monthly chart of TotalMarcketCap ✅

🔷 What does this mean?

The Golden Cross is a strong bullish signal corresponding to the crossing of the 50-period moving average (SMA 50) and the 200-period moving average (SMA 200)

🔷 Concrete example:

The last Golden Cross took place in 2020 and heralded the start of the exponential phase of the previous BullRun (see graph) 🔥

"Evidently, past performance is not indicative of future performance."

But it is clear that a large number of indicators are turning green one after the other. 👀

And the outcome of this enormous consolidation could arrive very soon!

In the meantime, let's enjoy the summer and leave our wallets warm (heatwave obliges 🥵 )

Good weekend to all ! 🔥