Crypto market cap added $474 Billion in a single week, the largest ever in crypto history.
That’s a 22% pump and the largest weekly candle since February 2021, coming after nearly 3 months of sideways consolidation.
The setup now looks similar to the 2022 bottom, where the market built a base before starting a multi-year rally.
Next resistance is WMA 50 at $2.73 Trillion. A clean breakout above this level could open the path toward $3.25 Trillion.
In 2022, a similar base eventually led to a major multi-year rally.
That’s a 22% pump and the largest weekly candle since February 2021, coming after nearly 3 months of sideways consolidation.
The setup now looks similar to the 2022 bottom, where the market built a base before starting a multi-year rally.
Next resistance is WMA 50 at $2.73 Trillion. A clean breakout above this level could open the path toward $3.25 Trillion.
In 2022, a similar base eventually led to a major multi-year rally.