Crypto Market Remains Bullish; Final 5th Wave?

Crypto market remains bullish, but it can be the final 5th wave, as it can be trading in the final stages of a bullish cycle this year from a technical perspective and by Elliott wave model.

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Good morning Crypto traders! Crypto market is in strong recovery mode due to the US government shutdown, remaining nicely bullish alongside stocks. Meanwhile, the US dollar still has room for further weakness, which could support the Crypto market. As a result, we may easily see more upside in October, which could mark the final month of this bullish cycle.
 

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Crypto TOTAL Daily Chart
 

Crypto TOTAL market cap chart shows a completed bullish running triangle pattern in wave 4, which can now extend the rally within the final wave 5 of V, especially if it decisively breaks above the upper triangle line near the 4.0T area.
 

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Crypto TOTAL Daily Chart
 

For a detailed view and more analysis like this, you can watch our latest recording of a live webinar streamed on September 29: DIRECT LINK


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