TOTAL2
Total vs Total2 vs Total3Let's compare $TOTAL = all #crypto
vs NO $BTC with $ETH = $TOTAL2
vs NO #BTC or #ETH > #altcoins = $TOTAL3
Not much change between T & T2, although T looks a bit better
However, T3 is beginning to show lil more spunk
Could we be setting up for MORE #altcoin moving?
We'll see soon
Where is the BTC bottom???BTC supply is rarely calculated/used in charts. Since we analyze equities/idices divided by M2SL, we should divide BTC with it's supply.
Since 2021, BTC supply increases by ~0.003% per week. At least according to the BTC_ADDRESSES ticker.
While this may not analyze the true amount of BTC in circulation, it is at least a start...
This process allows us to add a distinct bound to it's price. It's logarithmic expansion is hard to analyze. So this transformation solves most of our issues with it.
A larger view of the chart.
SCENARIO 1
Bitcoin wealth trends upwards compared to it's supply - It creates wealth
The channel was drawn using a log-scaled regression.
The light-blue line is a more realistic target for the bottom of the channel. The 2020 black swan is an outlier, we do however take it into consideration as a terminal target.
In order to get an idea of the timing, we draw a channel for the last 100 weeks.
And after extrapolating the trend channel, we take 6 targets.
Taking into account the increase in BTC supply (increasing supply, decreasing price) we get the final targets.
A=14220, B=12987, C=14719, D=13468, E=15432, F=14113
SCENARIO 2
Bitcoin fluctuates horizontally to eternity
Look at this retracement...
The 1.618 ratio is an impenetrable border (?)
This chart suggests that perhaps there is a big drop ahead of us, I haven't pinpointed a probable bottom. I will update this idea in the future if I come up with anything.
Price never succeeded to pass this ratio. Instead we had distribution for the last two years. It feels as if this ceiling may never give in. Bitcoin's role to society must change for it to skip this border. Then price might head to an entirely new scale. A monetary crisis could provide an opportunity for BTC to become a viable alternative to fiat currency.
Make sure to follow this idea by SPY_Master for more information about the brewing crisis.
Tread lightly, for this is hallowed ground.
-Father Grigori
Short term Crypto Total Market Cap AnalysisHi Everyone!
The TOTAL2 Index appears to have found a support area around 428 (see chart below), at least temporarily. Indeed, at the moment I cannot confirm of a bullish impulse structure (rally) formation, so I consider this last bullish leg as a technical rebound, at least until it destroys the resistance. It could be interesting to follow this index in the next sessions/weeks.
If this idea will be supported by your "Likes" we will continue to follow this analysis with updates below.
Thanks for your attention and please... trade with care! 💖
Crypto total market cap 45 % drop soon. Be ready!Total crypto market cap broke bearishly as Bitcoin did.
We expect a short term bounce and getting rejected at the strong resistance.
Final target for bears: 585 - 600 B
After that we expect the real accumulation face and the new bull market to start.
P.S Don´t get overexcited with a short-term bounce
#ALTCOIN MARKETCAP is Flashing Important Signal.Have a blessed Sunday to you all.
ALTMACP broke to the upside.
I am just skeptical about it for one reason, the confirmation candle closed in the red.
Unless we get a candle closing in green above the same, expect manipulation.
Be careful about holding the maximum portion of your portfolio in ALts.
Alt/BTC pairs will bleed.
I prefer holding BTC and a few alts with fundamental advantages like VRA is 230% already, HFT has started its run( Chart coming soon), and many other Gems APT did 4x.
So follow me if you want to know the next potential 50x coins!
DYOR, This is not financial advice.
Do show your support if you like my work.
Thank you
#PEACE
$TOTAL vs $BTC part 2$Total vs $BTC
You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC
Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge
Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap
Bitcoin hasn't really done this last 2 times
Next couple days = IMPORANT
Need Volume & Breakout
#crypto
$TOTAL vs $BTC part 1$Total vs $BTC
You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC
Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge
Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap
Bitcoin hasn't really done this last 2 times
Next couple days = IMPORANT
Need Volume & Breakout
#crypto
MARKET BULL SEASON ( ALTCOIN SEASON )Crypto coins started to be discovered. Everyone wants to be rich. And this is why it is turning to altcoins instead of btc.
Especially the Shit coin Doge, Hot, Btt, Chz, etc. It will turn to pump coins. Season is PUMP season.
If the first areas are happy, the last ones will suffer great losses.
Sorry, these are the Facts.
You can wait for years. It is useful to be careful.
Because when they get what they want, they have nothing left to buy from you.
Sorry, Doge will finish the season with Btc.
For now, I see it as May 31, 2021.
Stay tuned, ahead. I'll share the exact dates.
Enjoy it very much on May 31st.
Pay attention especially on May 24th.
Hill Hunt will go out (ALL TIME High will come).
Look at the top selling. May some others win.
Getting out in the right place is most important.
This season is the season of disposal.
Move up, those who open Short can do a lot of damage.
When the bear season comes, we will lower the prices together.
Pay Attention to Your Stops.
TOTAL MARKET CAPITAL: A RALLY AHEAD.Hello guys, I hope you all are doing well. Here's a quick update on the total market cap in a daily timeframe.
The new year has been good for the Total 2. On the 1st of January, we saw a bounce back from the support line of $432.16B. If this bounceback is so good to be true then we can expect a close to 16% rally soon. If this rally takes place then altcoins will rally as well.
The invalidation point for this will be the lower support line. If the T2 breaks below this then it is game over for the above-mentioned rally.
I hope this chart will be helpful for you.
Thank you for reading. Trade safely.
#ALT MARKETCAP Hitting a Major Resistance. What's Next ??ALT MARKEPCAP is hitting the resistance right now.
This is a threshold point for the alt market.
If the index breaks this resistance alts will pump along with BTC.
I will keep this chart updated follow me for more.
Hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Crypto Total MC - big daddy moves coming soonCrypto Total MC - big daddy moves coming soon
UPDATE:
Can't commit until I see this next few weeks/month price action. Two up options im seeing and one down. To be honest I was expecting down hard for the last few weeks, even a month, but the market has remained up, prob because legacy has been on a HUGE RIP. crypto has been pain in comparison; FTX really did a number on basically everything. F(#@ you Sam you slimey scammer.
the path forward is about to be painted:
REVEAL YOURSELF
grind up in any shape or form = valhalla for us
roll over or lose support/that last bottom = hades awaits your portfolio value
TOTAL2: EXIT PUMP OR START OF A NEW ALTSEANSON??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. When I posted this chart a few days ago, Alt M.cap was at $440B and currently, it is trading at $476B. It is going perfectly so far. We see a huge pump in the Alts. Hope you guys followed my projection and made good money.
Now, the question is is this the start of the new Altseason or this pump will fade up in the next few days? So to get the answer to this question read the whole update carefully.
As you see in the chart, Alt M.cap is forming a descending channel in the daily time frame and currently, it is trading near the upper trendline of the channel. Here we have some resistance. So IMO, it is not worth taking new positions here until we break and close above this channel with confirmation. There is no doubt in that we see some more pumps in Alts but it is not worth taking any new positions here.
If you are holding some Alts, then book profit or partial profit and wait for the dip to take new entries.
That's all from my side. What do you think about this? Let me know in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
TOTAL2 IdeaIdea for TOTAL2 showing points in grey circles crossing the indicator leading to the indicator flipping to its bullish state
This can be observed to be currently happening on price
Will history repeat?
I suspect we will see a bit of a relief / bear market rally following all of this bloodshed
Vaiot AI Blockchain Using ChatGPT / GPT3 - 100xFacts:
-Just broke it's longest standing technical resistance line on the log chart against USD
- Is only listed on a few exchanges (Gate.io, Kucoin)
- Up around 500% on the month after a 12x run in 30 days
- Currently at $0.04 it is 99% below it's ATH of $4
- Partnered With IBM (Using Watson AI)
- Partnered With OPENAI , using ChatGPT / GPT3
- Utilities include Legal AI Assistant (contract automation), blockchain AI and automated smart contract UI for Giveaways, Insurance Sales AI Bot
- ONLY $10,000,000 market cap, $20,000,000 fully diluted
- Around 50% in circulating supply
- 90% of blockchain AI has been on a multi bagger run since launch of ChatGPT
- Currently ranking around 750-850 on coingecko, similar
- First crypto to receive regulatory stamp of approval by Malta
Assumptions:
- I think this is going to $100,000,000 circulating supply mcap easy.. 10x from here. Right around spot 165 on coinmarketcap. No timeline. Return to ATH would be 85x from here.