$TOTAL Market Cap 259 Day BREAKOUT!At last, the Crypto CRYPTOCAP:TOTAL Market Cap has a BREAKOUT from the 259 Day trend!
This was the lagging chart I was watching to confirm the next leg up in the bull market.
The 20DMA has also crossed the 200DMA for the first time in 12 months. This is a SUPER bullish signal, as you can see what occurred last time in October 2023.
With less than 1 week away until Donald Trump is declared President of the United States, and the FOMC announcing another round of rate cuts the following day, we can expect a lot of volatility in the market.
The 20DMA should act as a good support on the way up.
The final signal will be when the Fed announces they will stop selling securities from their balance sheet. This will signal a new round of quantitative easing, and complete risk-on.
Tick-tock MFers. Position accordingly!