10-05-2018 - 10-05-2023 MKR MC = 706M In five days it will be five years ago on the 10-05-2018 that Makerdao had the exact same marketcap of 706M dollars. 🙃
On the chart you can see the straight line with basicly no financial growth over the years, let's say the next 5 years will be better? It can't be worse then this in my opinion... 😆
Marketcap
10-05-2018 - 10-05-2023 MKR MC = 706MIn five days it will be five years ago on the 10-05-2018 that Makerdao had the exact same marketcap of 706M dollars.
On the chart you can see the straight line with basicly no financial growth over the years, let's say the next 5 years will be better? It can't be worse then this in my opinion...
Total Crypto Market Cap Chart Analysis: Key Levels to Watch Total Crypto Market Cap Chart Analysis: Key Levels to Watch and Future Price Predictions
Cryptocurrency has been on a rollercoaster ride in recent years, with market volatility being a common occurrence. In this article, we will analyze the total crypto market cap chart and identify key levels to watch, as well as provide future price predictions based on current trends.
Key Levels to Watch:
The total crypto market is currently trading within a parallel channel and has been rejected from a strong resistance level at $1.25T. The next support levels to watch are $1T and $960B, which could be potential retest levels.
If the market breaks the $1.50T level, it could hit a new all-time high, potentially reaching resistance levels at $2T and $3T.
Future Price Predictions:
Based on the current trends and market analysis, we can expect the total crypto market to continue its upward trend in the long term. The next bull market could see the total crypto market cap reaching around $10T, presenting a massive growth opportunity for long-term investors.
Conclusion:
As the crypto market continues to evolve, it is important to stay up-to-date on the latest market trends and key levels to watch. While volatility can be expected, investors who take a long-term view may find opportunities to capitalize on the market's growth potential. Keep an eye on the support and resistance levels mentioned in this article to stay informed and make informed investment decisions.
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Macro Bitcoin Market Cap Ratioed through Halving prices Bitcoins halving in 2020 was priced at 150 Billion dollars . Since the supply was cut in half, you could've expected 600 billion because that is 150 billion times two . We pumped double (150 to 600) and doubled from (600 Billion to 1.2 Trillion.) This was a big pump and we just bottomed at 300 billion and have just hit 600 billion . Notice the pattern in ratios . Send me your thoughts and comments below thanks for reading.
Identify the size or flow of funds in the coin marketHello?
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In order to find out the size or flow of funds in the coin market, I think you should pay attention to the movement of the four charts below.
Check the size of your funds: USDT, USDC
Check the flow of funds: BTC.D, USDT.D
It is best to view all four charts together if possible because you can find out the size or flow of funds from limited information.
If it is difficult to see all four charts, it is recommended to view at least the USDT.D chart, which shows the flow of funds best.
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(USDT chart)
(USDC chart)
It is important to check the USDT and USDC charts to find out the flow of funds in the current coin market.
USDT is a stablecoin backed by exchanges around the world.
Therefore, it is indispensable for most coin (token) transactions.
Therefore, the fact that USDT maintains an upward trend can be interpreted as meaning that funds are continuously flowing into the coin market.
However, the size of the candlestick is not very important because it is thought that new funds will flow in only when a gap occurs and rises on the USDT and USDC charts.
Although USDC maintains a high market cap, it is one of the stablecoins with little support for trading pairs on exchanges around the world.
However, since the market capitalization is maintained at a high level, it is less than USDT, but I think it exerts some influence on the coin market.
In particular, since USDC is likely to be composed of US investment capital, it is understood that it is being used as a fund warehouse by institutional investors.
Therefore, it is highly likely that USDC funds will be moved according to stock market fluctuations.
In that sense, if you look at the flow of the current USDC chart, you can see that a lot of money is flowing out of the coin market.
I think it is a disprove that funds are moving from the coin market to the stock market.
So, if the stock market shows a clear uptrend, the USDC chart is predicting a trend reversal.
Therefore, USDC's downtrend has the potential to limit or plunge the coin market's uptrend caused by USDT's uptrend.
We expect this move to act as an opportunity to increase new buying.
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(BTC.D chart)
(USDT.D chart)
It is recommended to look at the BTC.D chart and the USDT.D chart together, but if it is difficult, it is better to look at the USDT.D chart alone.
However, since the BTC.D and USDT.D charts show the overall flow of funds in the coin market, it is not possible to know the flow of funds for individual coins (tokens).
To see the individual money flow of a coin (token), it is recommended to look at the BTC market chart of the coin (token).
Since BTC is used as the key currency of the coin market, I think the BTC market chart best reflects the price fluctuations of coins (tokens) according to BTC price fluctuations.
However, coins (tokens) with too low market capitalization are the same regardless of whether they are on the same BTC market chart or USDT market chart.
Coming back to the BTC.D and USDT.D charts,
Since BTC is the number one market capitalization in the coin market, I think most of the fund size or flow in the coin market is related to BTC price fluctuations.
in that sense
The BTC.D chart and the BTC dominance chart are charts that allow you to see whether funds are concentrated toward BTC or altcoins.
Therefore, rising BTC dominance can be interpreted as meaning that funds are concentrated towards BTC.
Just because funds are concentrated towards BTC does not mean that the BTC price will rise.
If you don't understand this point, you should be careful because you can interpret it in the wrong direction.
When funds are concentrated towards BTC, if USDT dominance rises, the coin market is likely to show a downward trend.
The reason is that USDT is a stablecoin that supports trading on exchanges around the world.
This is because the increase in USDT dominance means that USDT is increasing through trading, which means that selling in the coin market is increasing.
Therefore, as a condition for trading altcoins, you must show a drop in BTC dominance and a drop in USDT dominance.
If not, it is because most altcoins are unlikely to make significant gains.
BTC dominance is expected to continue to rise.
The reason is that there is a BTC halving next year.
This is because as the BTC halving approaches, a lot of people will flock to the coin market.
And, if the BTC price starts to rise in earnest, funds will inevitably be concentrated towards BTC for the time being.
If you don't buy it now, it's because you will buy BTC with the thought that you can't.
This will cause altcoins to gradually lose their strength and move sideways or decline, despite the upward trend in BTC price.
I think this trend is likely to continue until the BTC price nears 43K.
As USDT dominance falls below the uptrend line (1), it becomes important whether it can touch around 6.21.
The important divergence of USDT dominance is in the 4.97-5.53 range, and if it falls below this range, the coin market is expected to start such an uptrend in which any coin (token) can be bought and profit will be made.
Before that, the question is whether it can fall below the 5.89-6.21 range.
I think the coin market must fall below the 5.89-6.21 range to go to a big bull market.
So, the next period of volatility on the USDT.D chart is around April 22nd.
After this period of volatility, we need to see if it stays below the downtrend line (2).
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I think that the coin market is open to many things that are different from the stock market.
In particular, I think it is attractive to be able to know the size and flow of funds.
Therefore, it is important to first check the four charts mentioned above rather than relying on all kinds of information to predict the prospects and trends of the investment market, that is, the coin market.
After that, I think checking the information going around reduces the possibility of making a wrong decision.
When CDBC becomes active, there is a possibility that the influence of existing stablecoins will be weakened.
The reason for this is that it is highly likely that direct transactions will be possible with CDBC, i.e. fiat currency.
In that case, the size or flow of funds in the coin market may not be known with the above four.
Then, an investment environment like the existing stock market will be created, and more individual investors than now will suffer losses.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Market Cap Analysis: BTC Dominance Rejected, Alt Season Ahead?Hello traders,
In this post, we will analyze the current state of the cryptocurrency market through the lens of market cap, BTC dominance, and major indices. We will also look at the potential for an alt season, the impact of the upcoming Bitcoin halving, and which coins are outperforming BTC in the long term. Finally, we will provide a short-term perspective on the price of Bitcoin.
First, let's have a look at market cap.
The BTC dominance was rejected by resistance at 49% with this reverted hammer candle on week of April 23. It could mean the market cap will flow into altcoins. And, on the right chart, the RSI is oversold and getting closer to the 50 mark which is, on this 2 weeks chart, an indicator of alt season.
Now, if we look at the Total market cap, we can see that it significantly grows after a bitcoin halving . The next one is just in 1 year, so be patient!
It's also important to look at major indices, since they can impact the price of the crypto market.
The S&P 500 is currently trading in a triangle, and seem to bounce on the top of it these last days. It could mean more action to the downside.
Here is my "BTC destroyers" chart, and right now, only ETH and BNB, and maybe MATIC are outperforming bitcoin on the long term.
Here is a bear's perspective on Bitcoin:
I like to compare Bitcoin and Nasdaq price as they are strongly correlated.
A double top is forming on Nasdaq price and could be bad news for BTC price.
Now on the short term for Bitcoin:
The 4 hour chart is printing a double bottom, it will be valid if price climbs back to 28 000$, the target will then be 28 880$.
However the bigger trend is bearish, price currently below all moving averages, if price breaks below the bottom of last few day's range at 27 100$, next target for the bears is 26 660 given by fibonacci levels.
Altcoins marketcap to hit $5.755T? Previously, altcoins formed a W pattern in 63 bars / 1124 days.
13 bars / 91 days before it hit new ATH.
Retrace, then created another new ATH and altcoins cycle ends.
If it repeats this, then I'm expecting Dec 2024 to retest ATH / 1.707T.
Jan 2025 - March 10, 2025, as possible pullback.
April to September 2025 as the final peak at estimated 5.755T marketcap.
Let's see.
Trade cautiously. Ingat!
🔥 Stable coin Landscape Changed Drastically In 2023In this analysis I want to shed some lights on the top 3 biggest stable coins and how their relationships changed in 2023.
First of all, it's natural for stable coin marketcaps to decrease during bear markets. Investors are leaving the space and exchange their stables for fiat. This is something we've seen for the better part of 2022.
However, things changed in 2023.
- 13th of Feb: Binance and PAXOS (the issuer of BUSD) got hit by the SEC (U.S. Securities and Exchange Commission), which led to no more BUSD being minted. In turn, this has led to BUSD holders to convert their stables to both USDT and USDC, which saw a significant up tick in their marketcap. Basically, BUSD is a dead coin at the moment and will inevitably go to a marketcap of zero.
- 10th of March: USDC depegged from HKEX:1 during the depths of the banking crisis because it had funds in SVB. USDC quickly repegged, but trust has been damaged to such an extent that investors dumped their USDC and moved to USDT.
In the end, I think that USDT is the big 'winner' of the stables. It was the first, the biggest and apparently the safest. In my eyes, there's little reason to have any other stable than USDT, since it has clearly shown resilience over other big stables. In addition, I think that the market will gradually move towards having only 1 stable coin, it being USDT.
What is your preferred stable coin, and why? Share your thoughts 🙏
The more liquidity, the more fuel BTC has to go upUSDT has been gaining more and more MarketCap and this liquidity is clearly helping BTC to continue performing.
See that last move as the correlation is close.
A lot of USDT entering the market.
This means that it will be very difficult to stop BITCOIN.
As long as this liquidity is present in the market, BITCOIN will continue to capture it and continue its parabolic rise.
It's printed money that generates inflation being used to buy a deflationary asset, funny but it's real
You are taking advantage of the pullbacks to buy.
🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that together with the community we can discuss tactics and operational techniques.
TOTAL Crypto Market Cap 1 HR TOTAL - Total Crypto Market Cap 1 HR
Volume coming in! Above the 200 MA and holding for now...
Peeps buying #Bitcoin and Crypto.... <---
Banks are Failing.... <---
Silvergate - Silicon Valley ...
#DoYourOwnReasearch
Lets See what happens this week!
Gonna be interesting...
Good Luck Out There!
Total CapThe crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions.
One of the most promising applications of blockchain technology is in the field of decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and is designed to provide users with greater financial autonomy and control. It enables users to access financial services without the need for intermediaries such as banks, and allows them to trade, borrow, and lend cryptocurrencies in a decentralized and secure manner.
Moreover, the integration of artificial intelligence (AI) in the crypto industry is also on the rise. AI has the ability to process vast amounts of data quickly and accurately, and can be used to analyze market trends and make predictions about future market movements. This has the potential to revolutionize the way people invest in cryptocurrencies, enabling them to make more informed decisions and ultimately generate higher returns.
Furthermore, the adoption of AI in the crypto industry has also led to the development of more sophisticated trading algorithms that can execute trades automatically based on predefined criteria. This has led to increased efficiency and accuracy in trading, as well as a reduction in the risk of human error.
In conclusion, the expansion of the crypto market, the adoption of AI by the industry, and the advantages of DeFi are all exciting developments that have the potential to transform the way we think about finance and investing. With continued investment and development, we can look forward to a future where cryptocurrencies and blockchain technology play a central role in shaping the financial landscape, and where DeFi and AI enable greater financial autonomy and control for users all over the world.
XAUUSD: Gold Correction Is due OANDA:XAUUSD
Hi , Trader's ..As u can see after collapse of silicon valley bank , Gold shotup heavily
Now Market needs a correction down to 1860 area , 50% correction is due now
Gold is heavily overbought in All TF now , Market seems to be unstable
There is big Gap opening which need's to be filled
1900-1909 area will be reversal area for gold
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why DCA is the best strategy for trading?Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading.
i will also shine a light on what importance it holds
What is dollar-cost averaging (DCA):
It is an investment strategy in which you invest a fixed small amount of money at regular intervals.
This allows you to take benefit of a market bearish without risking excess funds
Allowing you to keep up with greater liquidity and take benefit of market bullish.
let's show that with examle :
Let's imagine that there is a person called Cecilion and he invests in filusdt with a fixed amount of $ 20 every month.
let's imagine the price of that currency in March was $ 5 Then Cecilion will have 4 pieces of filusdt in March.
And in April, the value of filusdt fell to $4, and Cecilion bought it for the same amount ($20) to have 4 + 5 = 9 pieces of filusdt in april.
And in May, the value of filusdt fell again to $2, and Cecilion bought it for the same $20 , so that he owned 4+5+10 = 19 pieces of filusdt in May.
And in the following month, the price of filusdt raise to $10, and Cecilion bought it for the same $20, so that he owned 4+5+10+2=21 pieces of filusdt in June.
let's do some math to show the efficiency of this strategy:
- Cecilion invested $80 in 4 months and owned 21 pieces of filusdt to be The average purchase price is 80/21 = $3.8
- Let's imagine that Cecilion did not use this strategy and bought filusdt for $80 at once in March when its price was $5
Then a cecilion would have 80/5 = only 16 pieces of filusdt instead of 21 pieces.
hope this article was useful to you and appreciated ur support with likes , comment and follow for more.🎯
MAJOR DROP JANUARY 2023 Crypto MARKET CAP 400 BILLIONHello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to wait. Every price from this post will cut in over 50% all cryptos within the month. This will align with the attached BITCOIN 2023 DIP CHART.
TARGET MARKET CAP BUY IN AT 350 BILLION - 400 BILLION
ENJOY and good luck!
📈 Total Crypto Market Cap. Better Than ExpectedI was expecting to see a strong drop, a retrace right after the market grew by more than 300B... This didn't happen.
The TOTAL Index chart is looking better than expected.
We know this one and BTCUSD are quite similar which is normal of course, since Bitcoin is the biggest crypto and thus drives the market to follow whatever it does.
MA200 has been tested as support and it holds.
This is good news as it can open the door for additional growth.
We have a bullish cross of EMA10 and MA200, this is amazing news as it can push everything higher up.
The RSI as it is, support another rise in price.
If there is any kind of bearish action, it should be fast but short-lived.
At most, it would be some sort of shakeout because the bulls are fully ahead... There is really nobody to sell, sellers are exhausted and that is why consolidation is taken place.
No weak hands left?
Then crypto can move ahead.
Namaste.
CRYPTOCAP - Time for a correctionHello everyone,
Crypto markets have recovered large portions of losses made since early Nov. BTC is trading above the 200D SMA, along with the crypto market cap, indicating a bullish sentiment. I don't think it's time to FOMO yet though. Despite BTC making somewhat of a higher high on longer TF, the total crypto market has yet to follow, indicating weakness.
A view from a lower time frame, the total crypto market cap has rejected 950B resistance zone. Current formation seems to be a descending triangle, indicating the build up of short interest at this key zone. The local support zone is 920, 200 D SMA (900), and 100 D SMA (835).
Let me know what you think.
📈 Use The Retrace To Buy-in, Rebuy And Reload (Total-Crypto)After a strong breakout...
After a strong waves...
After an impulse...
It is 100% normal to have corrections and retraces.
If you missed out, this is a great opportunity to buy-in.
If you are already positioned and secured some profits, this will be a great opportunity to rebuy and reload.
Remember to plan and do your own research of course.
Remember to set a stop-loss, etc.
You are responsible for your own actions... This is my view and opinion based on experience and what I see coming from the charts.
I hope you find this information useful.
Previous trade idea | 29-Dec-2022
📈 Cryptocurrency Market Capitalization Likely Grow 200 Billion
Namaste.
A look at the total market cap on the 3 month chartWanted to post this idea simply to show one thing and one thing only. The 2018 bull market top is holding support on the total market cap for multiple 3 month candles here. It broke on btc but is still holding strong for now on the Total chart. *not financial advice*