so this one is really interesting for me, i dont know this kind of volume analyze works on total cap or not, but if so
1- negative outlook : it can be 1/2 to 1/10 of what it is now, scary head and shoulder is forming (i dont trust in patterns anymore) if so the great depression in crypto market happens, lot a coins will disappear (recently mr buffett said i wont buy all the bitcoins for 25$) but you know no one can predict the future in my opinion so it would be better to work with strong possibilities.
2- positive outlook : it move from here to 1.88T, then more volume that can push it to higher highs, thats it
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.