Market Cap BTC, $
Long

BTC: Market Cap to Thermo Cap Ratio [Overall Bullish]

1899
Chart: tradingview.com/x/MfChrfQ4

I saw an analysis' posted on twitter by Rafael Schultz-Kraft and Geert Jan Cap that puts us in the lower end of the bull cycle and felt I should share on here.

  • Last bull market BTC was @ $8500 at the current Market cap:Thermo cap level

  • Price increased 135% to the top in a month

  • From the current price 135% is $110,000

To see a better chart of this go the Rafael's twitter to get the full view with current Market cap:Thermo cap data

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