Hello, just a quick share.
As you see, the 2y resistence is much clearer in this chart than on any usual BTCUSD chart. The reason is that the price does not take into account the new bitcoin mined every day that add to the total supply. It is like owning a company stock that every day issues new shares: tha market cap always increases!
This is the real chart to watch for monitoring the break of the resistence and the start of the bull run!
Same situation on the Altcoins Market cap
Or even better, because we are almost trepassing the 2 years resistence. Cash flowing to Altcoins is a good indicator for a bull run as they are riskier than BTC and avoided in downturns or in moments of percevied pessimism.
As you see, the 2y resistence is much clearer in this chart than on any usual BTCUSD chart. The reason is that the price does not take into account the new bitcoin mined every day that add to the total supply. It is like owning a company stock that every day issues new shares: tha market cap always increases!
This is the real chart to watch for monitoring the break of the resistence and the start of the bull run!
Same situation on the Altcoins Market cap
Or even better, because we are almost trepassing the 2 years resistence. Cash flowing to Altcoins is a good indicator for a bull run as they are riskier than BTC and avoided in downturns or in moments of percevied pessimism.
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Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.