Total MarketCap & Corrections Analysis ~ week 16/18

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?

My last "predictions":

week 15/18 ~ week 14/18 ~ week 13/18 ~ 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 15 prediction:

I was waiting for a week of processing without variations, a week of calm before the trend's change , but I think many have not wanted to wait and have preferred to get on the train with btc prices near its bottom, which is has resulted in an entry of more than 20% to the TMC

Prediction: This Week 16 2018:

The data don't show yet what my feeling indicates, and they tell me that this week we will suffer a severe correction, that is, the whales will benefit again. Hopefully the trend that shows the graph change but that we will not see until 2 weeks since this year we have not had 2 consecutive weeks of increases.

so ... following the trend TMC should get a -20% correction, but check the graphic above it indicates we have broken the trend so we are in a data vs graph situacion.

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

Sort:  

compte que va de canto!

My gut tells me this will be a sideways week.

Thanks master! We'll see.

'Apreteu'von los matxos que va el carro pel pedregar'

You got a 91.80% upvote from @redlambo courtesy of @beiker! Make sure to use tag #redlambo to be considered for the curation post!

You got a 1.62% upvote from @postpromoter courtesy of @beiker!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

If Bitcoin can get pass the sellers at $8500, it will move higher and lift the entire space higher.

Le't s hope for the best.

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.104
BTC 65011.48
ETH 1955.53
USDT 1.00
SBD 0.37