4th market cycle potential maximum ATH prediction: $101,931 (MC: $1,752,636,750,000).
Why use market cap data to help predict future price?
Small market cap = a little volume can move price
Big market cap = needs a big volume to move price
Increase by Market Cap
Bull 1: x801.7
Bull 2: x754.3 was 6% less than Bull 1's x801.7
Bull 3: x118.6 was 74.3% less than Bull 2's x743.3
Bull 4: 'xs' will presumably be >74.3% less than Bull 3's x118.6 so...
100-74.3 = 25.7%
.257*118.6 = x30.5
...giving a maximum potential x30.5, which would give bitcoin ...
Price: $3,342*30.5 = $101,931
Market Cap: $57,463,500,000*30.5 = $1,752,636,750,000
Why use market cap data to help predict future price?
Small market cap = a little volume can move price
Big market cap = needs a big volume to move price
Increase by Market Cap
Bull 1: x801.7
Bull 2: x754.3 was 6% less than Bull 1's x801.7
Bull 3: x118.6 was 74.3% less than Bull 2's x743.3
Bull 4: 'xs' will presumably be >74.3% less than Bull 3's x118.6 so...
100-74.3 = 25.7%
.257*118.6 = x30.5
...giving a maximum potential x30.5, which would give bitcoin ...
Price: $3,342*30.5 = $101,931
Market Cap: $57,463,500,000*30.5 = $1,752,636,750,000