Total MarketCap & Corrections Analysis ~ week 13/18

in #bitcoin8 years ago

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?

TMC HEAD.png

My last "predictions":

week 12/18 ~ 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 12 prediction:

I was too pesimist but if it was not last week it's gonna be this week 13 because Last week confirmed the zig zag trend one week up another week down but down more and more ... i explain with 2 pics:

tiovivo.png

here the real graph:

Prediction: This Week 13 2018:

The trend is clear and it shows that this week we need a new low, close to test the lower low of this year, however i see no panic i don't see verticals downs, could be a indicator that this up&down cicle is ending? i think so i think that as soon BTC dominance reach arround 60% we will enter into a bullish cicle and this could be the last down week, if i'm wrong it means we would go on way to test a new lower low arround $230 billions.

tmc13.png

Again i really hope i'm so wrong this week.

data ed.png

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

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Unclealive!

60% is a lot dude, I like your optimism but if there is not a entering of fresh FIAT it would mean the collapse of the altcoins...people would trade those altcoins for BTC... My bet for a BTC dominance that will trigger a bullish scenario is 50% ;-)

on march 2017, btc dominance was 85% with a $20bi tmc, 50% altcoins are collapsing right now

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