pkb6698

Total Coin Market Cap : 2014 vs 2018 -(2)

Long
pkb6698 Updated   
BNC:BLX   Bitcoin Liquid Index
Caution) The main chart above is for BTC. The Coin Market Cap chart is in the comments below.

- If you like this, please "follow" and "Like"~^_^

1. Total Coin Market Cap

2. A Comparison of Total Coin Market Cap : 2014 vs 2018

3. BTC Cap(red) vs Alts Cap(blue)

4. A Chart for Futures(CME, CBOE), Pattern and etc

1) The Comparison of Coin Market Cap(Coin Cap : about 180 billion $)
- Stock Market Cap around the world : about 56 trillion $ / 0.36%
- Korean Stock Market Cap : about 2000 billion $ / 10%
- Samsung Electronics -3.07% Cap : about 250 billoion $ > Coin Cap

2) Current Coin
- Coin Cap : 180 Billion $
- Bitcoin. Dominance : 53%
- Volume by National Currencies : USD(55.2%), JPY(39.8%), KRW 1.56% (2.4%)
- coinmarketcap.com/charts/
- www.coinhills.com/ko/market/currency/

3) Futures Expiration Date : CME, CBOE
- CME Expiration Date
- www.cmegroup.com/tra...alendar_futures.html
- www.cmegroup.com/too...expiration-calendar/

- CBOE Expiration Date
- cfe.cboe.com/cfe-pro...cboe-bitcoin-futures
- www.cboe.com/framed/pdfframed?content=/a...

Comment:
*** Please, See a chart comparing BTC Cap and Alts Cap.
If the Coin Cap falls off, the Bitcoin Dominance should rise. This is because the fluctuation range of Alts is much larger than that of bit. However, the current rate of descent is as follows.
- BTC Cap(about -13%), Alts Cap(about -15%), BTC Dominance(about 53%)
There is no big difference between the rate of descent(BTC and Alts) , and BTC Dominance. With these conditions alone, we can predict two things:

1) If the declining rate of BTC and Alts show a large gap as before, the Alts Cap can drop about 1.5 times more than the current.

2) If the declining rate of BTC and Alts remain the same today, We can think of them as the last defense of the Alts before entering a new phase. This is mean there is a limit that Alts can not follow BTC either although BTC falls, it means the bottom, and now it touches the Maginot Line.
Comment:
Comment:
Comment:
At present, the price of BTC broke the first support line 4700$, and arrived at the second 4482$. We can expect rebound. Next support lines are 3490$ and 2980$.
Comment:
At present, the Coin Cap arrived at bottom of triangular convergence.
Comment:
Another view
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.