Bitcoin (BTC) Market Cap Weekly Outlook: Major Bullish Wave Loading? 📈🚀
I’ve been analyzing the Bitcoin Market Cap on the weekly time frame, and the structure is looking super interesting right now!
🔹 Elliott Wave & Trendline Breakdown:
• We’ve seen a clear reaction off the trendline confluence.
• The wave count (1 to 5) suggests we are currently progressing through an impulsive leg upwards after testing solid historical support levels.
• If Wave (2) holds cleanly, Wave (3) and (5) could push the total BTC Market Cap towards the $2 Trillion+ mark in the coming macro cycle!
💡 My Thoughts: Higher time-frame (Weekly) market cap charts usually give a macro direction before price fully reflects it. Macro structure remains bullish as long as key trendline supports hold.
What’s your macro view on $BTC? Are we heading for a new Market Cap ATH soon? Drop your predictions below! 👇
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Will BTC Market Cap hit $2 Trillion next?