Marketcap
Could Ethereum beat Bitcoin? Special Analysis!!!Based in my opinion, there's a highly chances that Ethereum going to strenghten the trend during this bull rally. But stil alert in the market cap, the market cap it's key to know what cryptoucrrency are growing up. For that guys, we would need to be so alert if Ethereum it's take dominance of Bitcoin to growing up.
Ok look on 2017, in the Ethereum market cap hit the $142 billion in the past bull rally. Meanwhile, Bitcoin market cap hit the $320 billion in the past bull rally. So, Ethereum was more powerful in the past bull rally on 2017 when Ethereum was undervalued to $100 USD and go to $1,500 USD approximately on the end of 2017. And 2018 was the bear market that Ethereum down to $113 USD. Now, actually, Ethereum it's so near to mark a market cap worth in $500 billion. Meanwhile, Bitcoin market cap it's around of $1.10 trilion. Now, if we look, we can to get price future to know the comparsion what will happening if Ethereum reach the $10,000 USD as first objective, or using the the market cap value to use basic mathematic.
To know, Etheruem has the supply circulation of 115,795,729.75 ETH and Bitcoin has the supply circulation of 18,704,050.00 BTC. Now if you want to know the price and know what will be happening in this comparison. Look this exercise.
The easy way it's know your price future. Imagine that Ethereum going to reach $10,000 USD. This price future it's possible to reach by long term. We use the Ethereum supply circulation and we use it to multiply with $10,000 USD. and the result will be a market cap value of $1.15 trillion.
Now, if you want to know that Ethereum going to reach $20,000 USD for coin. This price future it's possible to reach by long term. We apply the same.
Multiplying $20,000 USD with the Ethereum market cap. Ethereum could to reach a market cap worth in $2.31 trillion.
The 20,000 USD it's so similar when Bitcoin on 2017 reach this price, now Ethereum it's turn. But what will be happening if Ethereum mark the $30,000 USD. Well, the market cap will worth $3.47 trillion
Now, if you want to know in that case of Bitcoin what will be happening if Bitcoin reach the $100,000 USD. We need to know that Bitcoin has a supply circulation of 18,704,050 BTC. We multiply the $100,000 USD as future price with the supply circulation. The result will be 1.87 trillion.
If Bitcoin reach the mark of $200,000 USD, The market cap will worth 3.74 trillion
My Personal Opinion:
I believe that Ethereum may to change the things. As Bitcoin and Ethereum are main cryptocurrencies. A lot people are invest in Ethereum than Bitcoin right now if we compare the Ethereum/Bitcoin ratio. And we see that there's a lot chances that Ethereum it's becoming the next Bitcoin. So, I believe that Ethereum have all chances to go easily so fast a market cap of $1 trillion and so near of Bitcoin market cap. But, this chart are so fundamental key if you hold Ethereum in this altseason. becuase Etheurem coul have more ROI than Bitcoin do.
And well, I interesting to look Cardano to compare with Ethereum using the market cap of both cryptocurrencies. Because Cardano, it's the next Ethereum killer and remplace of it For that, big news are incoming in Cardano during this bull rally. For that, Cardano it's my cryptocurrency key in this smart exit plan.
DogeLooking for some thumbs up so I can speak in the chat,
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GL Trading!
Disclaimer: This graph is not serious.
Market Still Needs a Confirmation to be Strong Bullish !As seen in previous analyzes, the overall market cap market was able to grow to a level of $ 2.2 trillion with good growth, which led to a significant increase, especially in the price of low-price altcoins.
But after the recent fall in the price of bitcoin, Market Cap has now reached below the ceiling of its previous price volume, which has been able to maintain its growth in the form of a short-term trend line.
If Market Cap can re-emerge from the purple range, it will be able to grow at least to the price ceiling of the above channel, and due to the market volume and bitcoin dominance conditions, it will easily lead to a price explosion in small altcoins. will be.
Of course, it should be noted that the general situation of the market depends on the trend of bitcoin prices, all these assumptions will be possible with the stability or growth of bitcoin prices.
Due to the recent price fluctuations and the sensitive range in which the market is located, be sure to use losses and capital management in all your transactions so that you do not suffer heavy losses in the event of a market collapse.
Cardano to $1.30 1 week ezI believe Cardano will reach at least $1.30 by the end of this week, 04/26/2021. Cardano is extremely bullish, especially with the bitcoin manipulation. We have been consolating around $1.10. We will see a move to $1.30. Cardano's market cap is at 37 billion, which is low for the potential of this coin. Smart contracts have not even be reached yet. When smart contracts come out, we could see a 100% gain out of nowhere. Please do your research.
Alts MarketCap Ideaalts mc did a retracement to 1.618 fib level after BTC dump and now forming this ascending triangle and it's about to break out in 4H timeframe if a daily candle close above the 2.618 fib level but if it reject by this level it can retest the support line again
also in 4h timeframe, it's moving above all major emas
I expect alts mc reach to the green line as a target in the next few days or week
in general, alts looking good, and dominance is about to break the 50% and it's like alt season is more possible but only if btc not dumping more then alts should be good in the next few days
Market Cap - Sell pointSell point suggests 1 December 2021 to be optimal if this channel holds true
66 Degree angle ascension Is present within last bull run and proceeding bull run
I think I will be selling around this area, market may stay up till June 2022 as suggested by my previous chart
Bull run in effect
Crypto market capI see the trend of the market ascendent for now, but as you see it breaks down from the channel so ganna falls forwards to Support lines. IF the market keeps growing up it's good for both BTC and alt traders. Holders have just to hold. bad and good fundas are important on these days.
My first time posting here, Are we done here? Just thoughts:
Previously, when the Crypto total market cap (4h) touched the DailyMMA 200, an uptrend started.
The first green candle (4h) been closed over MMA200. We still must look for the daily candle, but, Are we going for another considerable leg up then?
(Personal view and no financial advice)
TOTAL MARKET CAP (Y21.P2.E1).Correction still playing out?Hi Traders,
The total market cap also tells the story. Not looking good.
Here are my thoughts.
Prior to price dropping, market dropped due to bearish div in Bitcoin but here doesn't seem to be any bearish div in this cycle but at the overall, there is 1.
Other reasons seem to be based on bad news.
> Hash rate\power drops due to 40% mining power dropped due to power outage in China
> US Gov treasury making a negative tweet saying they will charge institutions which might be a means to protecting the US dollar.
s3.tradingview.com
All the best,
S.SAri
dailyhodl.com
!!BEARISH ATTACK!!Greeting from IRAN to all trading community 💙✔
Total market cap was moving through an ascending channel since 24th March
After a while of struggling, 1.8T dollar major level got broken and total market cap started an attack to reach 2T dollars
2T dollars got broken and green days came for cryptocurrency world
Total market cap has reached a new ATH (~2.2T Dollar) , after that we witness two other attack to this level which both was unsuccessful
Price made a (Triple Top Pattern) and BOOOOM
Bears got control of the market and dropped the chart to its major support level at 1.8T Dollars
It's time for bulls to bring back the market cap above the 2T Dollars
Use these RED DAYS for investing because better days in on the way ....
KEEP IT SIMPLE :)