Issue 90 – Significant Daily Close Coming Up

October 12, 2021


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.

Let’s begin!

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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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast. My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig. The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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