News Tech: The recent selloff in the cryptocurrency markets, according to a widely respected crypto expert, is comparable to the low point of the 2018 bear market.
The crypto analyst said that he is watching for TOTAL to retest the 200-week moving average (MA), as it did at the winter bottom of the cryptocurrency market in 2018.
According to Michael van de Poppe, who has 623,200 Twitter followers, he is closely monitoring the TOTAL chart, which displays the total market capitalization of all crypto assets.
“Where are we right now? I am observing price movement that is comparable to Q4 2018.
“The bitcoin landscape, I think, is quite likely.
in this matter: Bullish divergence is being formed on the weekly time frame.
Sweep (or retest) the lows for liquidity The total market capitalization retains the 200-week MA.
Total accumulation period for investors.”