Are Weekly Bipolar Market Movements Becoming the New Norm? CoinmarketCap 10 Day & 30 Day Total Market Cap Movements Analysis and Speculation.

After watching the brief crash / correction that took place at the end of December, and seeing how much more dramatic it was in terms of capital volume than any of the previous major market movements, I became very focused on the watching the total market cap movements on a regular basis.

The direction that the total market cap is trending at any given day / hour / moment is one of the best overall indicators of investor sentiment. Today’s crash is the third crash in less than 30 days! The crash that’s happening / happened today have now established the beginnings of a pattern. The charts I’ve laid out below demonstrate this very clearly.

I'll try to summarize as briefly as possible with these comments and let the screen captures of the charts do most of the talking.

The first recent crash occurred on Dec 20 when the total Market Cap was around $628B and the low point hit around Dec 22 at $486B approximately two and a half days later. In less than two weeks by the middle of the day January 2, 2018 the market had recovered all the losses and began a major run into the $800B + range.

So let's look at the charts from the beginning of the year to review what happened next.
Tons of money flows in and new all time high for total market cap reaches $835B on January 7 2018.

Then less than one day later, the market plunges violently to around $684B and within 24 hours, nearly $150 Billion in value disappears from the market. Wow!

Then less than 7 hours later there is a rally, and nearly $90 Billion flows back into the markets. It's the beginnings of a side-ways channel as the market attempts to establish a resistance point in the mid $700B range.

This resistance point starts around here on January 8th .

As we can see from this next chart point, resistance has only lasted around 48 hours or so.

Then on Thursday Jan 11, the market plunges and $100 Billion + disappears from the market in 4 hours!! (I did a previous post covering this market even from last week) **Please note for this chart, I had to use the weekly chart instead of the year to date charts in order to do a screen cap of the lowest point of the dip. I apologize for the lack of consistency there as it may look a bit different from the other charts I'm using.

Then within about 12 hours the market rebounds to around $707B and begins the process of attempting to assert resistance at the mid $700B range, as you can see with the short sideways move happening.

This resistance point last less than 5 days as you can see it's right around $702B on January 15th, right before the first of two major moves down ward.

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Then in less than 6 hours $56B in value flows out of the space to a total market cap of $649 Billion.

However it doesn't stay there for long at all. It moves sideways for about 5 hours.

Before continuing another extremely violent move downwards from $659B to this! (probably quite a bit of panic selling)
At this point over another $100B is shed from the market as it goes from $649B to $543B. As you can see from there it fights to get back to the $600B range.

Finally as of 1:20 US EST on January 16, 2018 (approximately 1 hour before this article is posted) we are at $534B. I had to use a separate non-chart image for this as the mouse roll over wouldn't let me get an accurate shot of the $534B total market cap chart point

![Chart Move 11.JPG]
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Conclusions:

It should be obvious that the crypto-markets have entered another extremely volatile period in which we're seeing crashes on an almost weekly basis. Since we are in somewhat uncharted territory for the space (in terms of capital reaching near $1T territory, in such a short time) and there is limited data available about where these capital flows are coming out of (unless we do high-level forensic analysis of all the major coins and exchanges) and who the players are, it is hard to say with a whole lot of certainty how it will move.

However if we compare the progression of the entire space to the way Bitcoin market progressed on its own, and add in factors of growing awareness within the global population and the influx of capital from Wall St / big banks, then it's safe to say we're going to see growth this year perhaps on a scale of orders of magnitude larger than what it is now. And that means continued volatility in the extreme (perhaps even more so than what it has been these past 30 days) for the forseeable future.

Also very significant - these moves are occurring within such a narrow window. Here are details the details of each:
• 48 hours during the crash in December = $150B lost
• 4 hours during the first crash in January = $104B lost
• 7 hours the second crash in January = $100B lost
• after each crash, market reaches close to its ATH within a few weeks

Normal buying patterns even for massive groups of investors don't cause charts to behave this way. These crashes are indicative of a group of players with enormous chunks of capital -billions and tens of billions- all taking their money out of a number of the coin markets simultaneously. It's likely a variety of groups / players working together, along with other very smart traders (who themselves aren't necessarily all connected to the cabal / syndicate) who know how to read the market and get money their money out before these crashes happen; and then probably re-entering on the dips.

These are risky times, but also extremely exciting times for the crypto world. So beware, prepare, and always take care.

Thanks for reading and as always, I'm interested in your take on things. So let me know what you think.

ps - if you or any Steemians you know are in the Philadelphia area, please come out [or tell your Philly friends] to the 1st Philly Steemit meet up tonight! (Tues January 16th!
https://steemit.com/steemit/@hypnopreneur/first-philly-steemit-meetup-for-2018-is-happening-tuesday-jan-16th-please-join-us )