Top cap and Average Cap by aaMonkey Average cap is the "cumulative sum of the daily Market Cap values divided by the age of the market in days" - aamonkey Top cap is the "Average Cap multiplied by 35" - aamonkey I assume this multiplication value can be altered and should be for other coins but i decided to leave it to seem it the same for BTC and ETH since...
Saw this indicator on twitter used by Willywoo, looks good for testing tops. I say the long bullrun is slowing down as bear cycles are becoming slower in momentum (more prolonged) This could prove a test for BTC in the long run.
Top Cap Derived Estimate for Next Bull Run Climax Intro A great indicator to use for catching the upper bounds in a bull run is top cap. Historically it has perfectly coincided with previous blow off tops. Another good one to use is the Puell Multiple . Let me also qualify this long positon as a HODL / long term position - not a speculative move. ...