ARB's Market Cap
The current outlook for ARB’s market cap presents two possible scenarios. In the first scenario, continued bullish momentum pushing the market cap past 3.5B would confirm a macro bullish 3rd wave. Alternatively, if the momentum weakens and the market cap falls below 1.6B, this could trigger a further drop toward the 1.2B to 0.98B range.
Regardless of the short-term movement, both scenarios suggest a long-term target of a new all-time high, with MUN:10B as my first target. Personally, I lean more towards the bearish scenario, expecting a decline before a future recovery.
Regardless of the short-term movement, both scenarios suggest a long-term target of a new all-time high, with MUN:10B as my first target. Personally, I lean more towards the bearish scenario, expecting a decline before a future recovery.
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