It was a relatively quiet day in the market today. However, Bitcoin is teetering on a significant level as we head into the close. So we’ll talk about that today, along with a few setups I’m eyeing.
I’ll also provide updates on the total crypto market cap, BTC, ETH, DOT, and VET.
Total Crypto Market Cap
The total crypto market cap continues to pressure the May trend line near $2.4T.
Today is pulling back slightly, but all in all, things still look very bullish. That said, it’s going to take a daily close above that $2.4T mark to flip this area to support.
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