bicoin exhibit acorrective expanding flat wic is avolume and liquidity picking patterning in abullish continuation manner hoping for more cash flow and bullish by market cap
BITCOIN MY LONG TERM VIEW ACCORDING TO ANLYSIS I have watched the bitcoin movement and compared it with previous cycles and waves according to it near top is forming here also i would post more charts regarding it for better understanding
We have a 3 wave move down from SWB:69K and then another 3 wave move back up that takes the high. Currently rejected at the 1.05 (~$1.35T), but count is valid up to the 1.382 (~$1.68T). Final leg is a 5 wave move back down that takes the previous low. If valid, BTC likely bottoms between 300B and 100B.
Bitcoin Market Cap highest ever monthly volume recorded, and we are only 5 days into March 2024 sitting at $76.35bln....🤯🤯 #Bitcoin CRYPTOCAP:BTC
Les cycles émotionnels des marchés sont un modèle conceptuel qui décrit comment les émotions évoluent au fil du temps et influencent les prix des actifs. Ce cycle commence souvent par une phase d'optimisme, où les investisseurs sont confiants et les prix augmentent.
A nod to @unbeldi And a updated chart Swapping the Bitcoin price to marketcap over the M1 money As BTC is a Trillion dollar asset again and was invented to be peer to peer cash It's good to compare the ratio vs the dollar. And imagine one day in the future that it may dethrone the King. Since BTC is natively digital and global (M2 is slightly larger number...
Looks like we are about to gain another $200billion in BTC marketcap. Currently sitting at !.022T Also BTC dominance is falling, means the alt-season is around the corner. I hope you packed well and HODLING your alts. My opinion BTC soon will start moving sideways or even do some correction giving steam to alt coins, and then we fly altogether. ~ GETTEX:54K ...
Bullish consolidation is almost over the market is ready to BO The 2024 halving starts in 2 months!
As this EW trend structure continues we near the 1T market cap. Bear in mind adjusted inflation puts the prev ATH higher, relatively speaking.77-80k or so.
Methodology : Dividing BTC Market Cap by Market Cap of STX+SUI+UNI- SEI- SOL-ARB-INJ. Currently, There's no Datafeed for Mcap of AXL, AKT Data Source: CryptoCap
Methodology : Dividing BTC Market Cap by Market Cap of ETH+STX+SUI+UNI- SEI- SOL-ARB-INJ. Currently, There's no Datafeed for Mcap of AXL, AKT Data Source: CryptoCap
Will we see further retracements in BTC (blue) and the ALTs (yellow line shows alt market cap minus BTC and ETH) before or around the halving? The green line allows us to look back 4 years to the previous bull cycle and pinpoint price action/market structure changes. Of course, looking at previous price action and market structure doesn't always have a high degree...
the Bitcoin Market Cap could be another indicator of when the bull run of 2024 will start.
Lets see what we get here in price action as btc tops out locally and looks for support
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The market cap of Bitcoin is at the ceiling and in 2024 will fall to near the previous floor @JalilRafiefard December 22, 2023