I am using the new TOTAL2 (alts excluded BTC) index from TV to catch the bottom. Yes I know, dear gurus "I don't have to catch the bottom or play w/falling knife...". But I like the adventure games.
On the other hand, it could mean that 30% of s**tcoins will die.
As always, #DYOR
cheers
Note
Playing w/numbers...
According to this chart if today:
- totalmarketcap =109B
- BTC cap = $59,8B
- total altcoins cap = $49,2B
- 30% of 49B (still to support)= $14,8B
Bottom = (109-14,8) = $94,2B
or simply 30% of altcoins will die.
Trend Analysis

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