- Michael van de Poppe predicts total market capitalization for cryptocurrencies will go higher.
- The total crypto market cap has remained unchanged for a while.
- The analyst projects the crypto market cap to climb above $1.6 trillion before the end of 2023.
Renowned crypto analyst and founder of MN Trading, Michael van de Poppe predicts that the total market capitalization for cryptocurrencies will go higher. According to Michael, the total crypto market cap has remained unchanged for a while. He believes the next move will be upward after the current trend is exhausted.
The total market capitalization for #Crypto is still unchanged here.I think we'll go up. pic.twitter.com/vWfdK1L0MW
— Michaël van de Poppe (@CryptoMichNL) July 19, 2023
Michael expressed his opinion using illustrations on a three-day chart where he indicated some of the crucial areas. He used support and resistance levels, including low and high swings, to reveal the trend cycles in how the total crypto market cap developed. Michael projects the crypto market cap to climb above $1.6 trillion before the end of 2023.
The analyst shared a screenshot that showed the total crypto market was c…
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