BTC trade ideas
BTC lost ~50% of it's cap advatage over ETH in 1 month Update on my other chart. ETH continues to gain even when BTC also bleeds with it. BTC is still the crypto boss, but I think a big shift began a month ago. It's also possible they both even out and trade at similar caps.
Another contender has entered the ring as well! Internet Computer Protocol (ICP), also does smart-contracts, works with ETH's dapps, and works with already popular internet apps, where they can create their own coins on the network. i.e. FB, snap, paypal, etc. It's also supposedly faster, but there are still a lot of questions about it. Being brand new, it needs to see more adoption soon, to test the platform. If it does what it says it does, it could be the successor to ETH; but that's a long road. Also concerning is while it has a similar amount of coins in circulation as ETH, they have twice as many locked/staked. So that could create havok down the line.
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.
Dont buy the dip... yetBitcoin has formed a falling Wedge and will go up at around 1.5 T try to Buy there.
I am new to the game so if you have any tips please comment.
BTC vs Ethereum Supply Inflation PercentageBTC VS ETH Supply inflation.
ETH is less scarce now and into the future as BTC's inflation rate will be cut in half every 4 years. ETHereum does appear to be leveling off as well.
ETH is gaining marketcap on BTCThe main chart is ETH-BTC market cap charts. So, if ETH-BTC goes down while ETH goes up faster than BTC, then ETH is gaining on BTC in market cap. ETH is the future imo, BTC is the dinosaur.
We might see more red days in the crypto market $BTC Whales are hungry.
Whales are liquidating.
HODL or sell cheap.
or Good home!
PLAY THE BITCOIN MARKETCAP RANGESHORT THE TRENDLINE RETEST TILL IT BREAKS THEN LONG THE BREAKOUT. LONG THE SUPPORT TILL IT BREAKS 1 TRIL MARKETCAP. SINPLE
Btc is a bubblethough i have been a huge supporter of btc an crypto movement as a whole ...I do feel btc is a bubble when comparing it to other bubbles like dot com and all. Sorry guys .
btc up till 1.5T to bring altcoin up by May 15th then dump allbtc up till 1.5T to bring altcoin up by May 15th then dump all
BTC market cap chart n BTC.D ://maybe just turn the computer offom days like this maybe just turn that computer rite back off…
_even with BTC dropn hard the BTC Market Dominance chart went up.
The market dumped 330 plus BILLION USD in about 4hrs. thats impressive consider'n BTC wasnt at 500 Billion untill_ SAT DECEMBER 26th 2020
MY point is if you look at the BTC market cap chart a good portion of that market cap like 220 billion of that drop was in Bitcoin. eth dipped some in market cap n price but not like BTC
_The same goes for the market dominance eth n btc charts. WE see a sharp drop in BTC n market followed hard but the bounce looks like it came quick which is GREAT as well as the inflows of BTC N esp ETH (ETH just keeps lookn stronger n stronger)
_MY worrie, at least short term is that im not sure how much spine _ heart _ whatever this new retail wave of crypto has. IE how much pain can this new retail group new or newer to crypto group take before they sell, what projects_ ALT COINs brake week first, fastest n hardest (is what we watching in times like this.)
_IM NOT SURE i was clear enough at least on how we feel on our end but BTC N ETH are about to take over the show for a bit so dont be surprised to see some alt profits black whole-d by the BTC monster n his quickly growing wild cousin ETHeReuM. On the other side good dip ops as well as seeing if ur fav project has the stones to still be a thing next year or in this space maybe next month. IT isnt enough to only have utility in the rite situation in an easy to use easy to adapt type of thing but u also need swag to carry the hype to get any traction, _unless ur just always blazing trails n very few in crypto or anywhere can do that consistently.
_THIS leads me to my next point and something ive had shoved in my face recently via XRP n DODGE smilez lol esp with dodge there is no active or really any utility. all 100 percent hype from a few tweets mems and half a$$ed organization of online groups like Wallstreet bets run'n up the score to mind blown life changing get ur pussy ate for a week or she give u head in grandmas bathroom type money... lol for real, every time i forget im forced to remember, THE POWER OF THE HYPE... it also reminds me no matter how solid, game changer, whatever_ ur project is remember why u got into CRYPTO yes u need a wide net for all the reasons above_BUT_. _FOR me n Mine, it was many reasons. LONG STORY SHORT we felt like most of us, we missed the BTC boat (LOL AGAIN PERSPECTIVE BTC WAS AT 10K AT THE TIME) so we wanted to catch up n make a few 100x gains no problem n then buy btc n eth. lol that was the plan but what happened is we FOmOEd in and lost 35% of our small n most of our actual real world money in a few days one bad week really. we realized we had no idea what the h3ll we were doing and still mostly don’t (smilez) but we learned and we always call it how we see it. we share our wins n losses and we k33p tryn to get better and and and we learned sooo much along the way.
_we have stopped getn alts n started takn profits last 2 weeks into eth n btc n some rebuys_stable coin_side line monies n thinkn about some new ones_projects but all in all its about btc n eth, for us at least. IM NOT sayn alts won’t continue to melt faces but we wanted to get back to our roots,
_THE market is getting smarter and maturing. we see A LOT of volatility around option days now in crypto. we see some projects pumps even when btc drops and not just one or two outliers but a decent portion meaning there is ecosystem that can flourish when btc is dropn etc. All this healthy non cannibal like financial growth is a must… but the volatility is still here, as we all saw this weekend. the liquidity sources are many and this space has little to no rules and def no 1-800 support or complaint line to call when it goes bad. u on ur own… so whoever u are where ever u are just try n remember why u got into crypto in the first place _whether it was financial freedom in a communist country where u get killed for going on the wrong, no regime controlled internet to ur a-h0ie cuzin, rich from btc he forgot he bought n u found keys for on an old piece of paper on the floor when drinking bears in his garage to everything in between _get back to ur roots. _always respect the pump but never follow it. (buy the rumor sell the news type thang) _trust ur reads n try to stick to ur half a$$ plan _for us thats always ALWAYS mor3 BTC ETH
Then even if u have the rite blend of utility – hype – swag – adaptability – project team_esp as they grow. (many projects just small teams sometimes just 4 or 5 people so scaling could get tricky and tech personalities im sure like any innovative space will be all over the spectrum so strong above qualities and team leaders etc etc will be a must as crypto begins to cross over mainstream n we see acquisitions, mergers and all the drama that comes with this growth. These cracks in the foundation will begin to show. It’s a big growing space so we definitely believe in wide big_ but QUALITY nets
BtcBTCbtc
ETHethETH
Not in order but tiered in groups
ALGO CEL SWAP ADA VET ZKS UNI AAVE REN n any solid defi project (need to look into the yearn team n curve etc etc asap)
DMST RAMP STMX n deep diving on our new alt list below or around the 500 rank in market cap_bigger risk bigger gains but again would stick with the mainstream stuff for a bit and ur true HODLes u believe in like rite now we HUGE ON CEL SWAP ZKS n anything keepn up or and developing into n on layer 2
CRO CHSB VGX FTX_FTT N any other centralized exchanges keepn up to the race to the cheapest fees as layer 2 s cheep swaps etc begin to dominate and other projects and tech begin to adapt. REGARDLESS OF MY RAMBLES THESE CENTRALIZED EXCHANGES like coinbase unfortunately will be the first step for new retail entering into crypto BUT the trend is switching to DOAs like uniswap 1inch sushi pancakeswap ZKSwap etc etc THIS is due to accessing layer 2 via side chains and other forms of tech that is quickly developing and expanding IE this means what use to cost us 30 to 100 usd to swap on uniswap etc now cost less then 1usd or around there (minus the market moving spread_which sometimes can be a positive gain trade or loss depending on how volatile n what direction its going n u buy’n) zkswap and even uniswap via V3 n this new token that allows for limit trades on uniswap etc etc_ UNILAYER. All in all_ the game IS CHANGING. Imagine when the wallstreet bets mentality gets ahold of the concept of uniswap n DAOs in general.
Happy hunting_ stay strong stay positive and never forget, get da bag…
Have a good weekend ya all
Great buy opportunity for bitcoin!Here you can see bitcoin has broken out of its pattern due to large sales. This adds decentralization and the coin will rebound!!! Great news guys.
Crypto Market blood bath is inevitable!Everything that goes up must come down. Just like the Stock Market, the Crypto market crash/correction is HIGHLY POSSIBLE! That's nature, that's balance. Here are my 2 cents. Good news is that we might see 2Trillion MC. Keep an eye on bond treasury rates and FOMC's balance sheet normalization program.
BTC Breakout (Not financial advice)Over the past few months, Crytocurrency BTC has made higher lows. The charting displays a bullish ascending triangle, meaning that at the end of the compression stage, there will likely be a breakout.
