Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. May 25, · In November was advised by Golden Markets by text that I had won a Bitcoin Payment System. As Bitcoin was mentioned in the News that people were making money and checking the internet for reviews on Golden Market at that time only a comment saying they were a . Golden markets Bitcoin review, is the money worth it? Learn more! Numerous Users rejoice due to the Progress of the product: Consider,that it is enclosed to improper Views of People is. The result from this is however very much interesting and like me mention to the at the wide Majority - furthermore also on You - applicable.
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This is a really simple Bitcoin study on which I calculate the remaining days of the current Bull Cycle we are in based on the Top, Bottom and Halving of each Cycle. These parameters are effectively used to distinguish the Bull from the Bear Cycles.
Tops are obviously where the Bull phase ends and Bear starts, while the Bottoms are where the Bear phase ends and the Bull starts. As you see on the chart there is a striking similarity on each Cycle. Practically we can claim that the Halving seems to be the middle of each Bull Cycle. This means that there are around days of Bull Cycle left!! Of course there are and will be several other parameters that can influence the cycle we saw that on the April-June parabolic explosion but this is a good and so far very accurate pattern that long term Bitcoin investors can follow.
It certainly answers the question "is it too late to buy? Do you agree with this estimate of have another pattern in mind? Let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! Manage your crypto wealth at BitCoke Fixed-Income. Steadily earn risk-free Bitcoin. This is bloody awesome! Something different to add to the data set!
Thanks mate. Every little bit of long term data counts! I KNEW the housing bubble was going to crash back in So what did I do? I've recovered We've been saying this since the last 5 years of mindless QE, inversed yields and derivatives complexity. Looks like MMT won't be stopping anytime soon and that we will not have peaked before This is because the explosive growth of Bitcoin on a logarithmic scale is slowing over time.
As it's market cap increases it becomes more difficult for the same log scale growth rates to continue. If this decreasing Fibonacci sequence pattern continues to play out as it has done over the course of the past 9 years, then the next market cycle high will be when price is in the area of the DMA x3. The Golden Ratio Multiplier is an effective tool because it is able to demonstrate when the market is likely overstretched within the context of Bitcoin's adoption curve growth and market cycles.
For more information on the indicator see the link below. Any information on this site is not to be considered as financial advice. Please review the Disclaimer section for more information. The Golden Ratio Multiplier Source: lookintobitcoin. Access Indicator Alerts. To zoom in on chart detail: left-click and drag.