Total MarketCap & Corrections Analysis ~ week 12/18
For weeks I've been trying to find a pattern that allows me to understand how the market cap develops.
I wonder?: the continuous entry/exit of FIAT and the apparent sudden corrections are predictable?
My last "predictions":
week 11/18 ~ week 10/18 ~ week 9/18 ~ week 8/18 ~ week 7/18 ~ special sundays ~ week 6/18 ~ week 6 special3 ~ week 6 special2 ~ week 6 special ~ week 5/18 ~ week 4/8 ~ week 3/8 ~ week 2/18 ~ week 1/18 ~ week 52/17 ~ week 51/17 ~ week 50/17
Last week 11 prediction:
Sadly this week my prediction was kinda right. I was waiting for a -24% correction and more or less that we got..
the market has been bleeding out all week
Prediction: This Week 12 2018:
This week i can't be optimist, all indicates that we are going to keep suffering, Today we touched the same bottom we touched the last february 6th at $275 billions on TMC but now we have more bad news on the table so i think we can go to test a new bottom arround $227 billions on TMC, so i'm giving this week another -20% bringing us back to november 2017 levels.
BTC is recovering its dominance and maybe we can stay in this bear proces until BTC recovers dominances arround 60%, then a new cycle should start.
Again i really hope i'm so wrong this week.
Remind you that I am not a TA expert. The data I collect is a personal exercise that I carry out weekly and help me to understand the data and information that allows me to be updated about the cryptoworld. Finally I share this in steemit for fun! so feel free to comment anything!
@beiker <3
Today btc closed over 8093 at 8:00 pm so we are still in wave 3 of the hyperwave lets hope btc goes sideways for some time this will extend the wave and push us higher.
Atraco!
be water my friend :-)
Keep sharing your knowledge my friend! Hope you are not right... but...
@beiker keep it alive!
Nice to read your analysis as always!
when the crypto market will be normal ??
This comment has received a 0.06 % upvote from @speedvoter thanks to: @mahadihasanzim.
Volume will be the best indicator of where the ultimate trend will be. I do not expect the downtrend to end until we get a heavy volume capitulation decrease in price or a heavy volume increase in prices past a key resistance level. Either way, volatility will likely remain for a long period of time.
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thanks for the info.nice post👍