Market Cap MATIC, $ forum
MATIC will touch 10$ in two months Mark my words
Look at the 6-month chart of Polygon as we approach the close of the period. Still plenty of time for it to change, but an interesting pattern to see as we approach the close.
MATIC
MATICUSD
MATICUSDT
MATICUSD.P
MATICBTC
MATICMATICUSD MATICUSDTMATICUSD.PMATICBTC
The price of Polygon (MATIC) versus the price of Bitcoin tends to move within a log-linear regression channel over time. Although holding MATIC tends to be more lucrative than holding Bitcoin over time, exchanging MATIC for Bitcoin at the top of the channel and exchanging Bitcoin for MATIC at the bottom of the channel may be even more lucrative than only holding one or the other.
With that said, be aware that this ratio does not indicate what the price of either MATIC or Bitcoin is doing relative to the U.S. dollar. The price of both assets could be crashing relative to fiat currency and this chart would show little to no sign of it. In this respect, this channel could be most useful to someone who seeks to accumulate both MATIC and Bitcoin over time but wishes to do so with enhanced efficiency by adjusting portfolio weightings at certain points in time based on regression analysis. Since the channel is upsloping, one would always be overweight in MATIC, but the degree of overweighting would shift up or down depending on how deviated the price of MATIC is relative to Bitcoin.
In the future, I plan to write a post on applying the efficient frontier in portfolio theory to cryptocurrency.
Not financial advice, just meant to be purely educational.
MATICUSD MATIC BTCUSDT BTCUSD MATICBTC
With that said, be aware that this ratio does not indicate what the price of either MATIC or Bitcoin is doing relative to the U.S. dollar. The price of both assets could be crashing relative to fiat currency and this chart would show little to no sign of it. In this respect, this channel could be most useful to someone who seeks to accumulate both MATIC and Bitcoin over time but wishes to do so with enhanced efficiency by adjusting portfolio weightings at certain points in time based on regression analysis. Since the channel is upsloping, one would always be overweight in MATIC, but the degree of overweighting would shift up or down depending on how deviated the price of MATIC is relative to Bitcoin.
In the future, I plan to write a post on applying the efficient frontier in portfolio theory to cryptocurrency.
Not financial advice, just meant to be purely educational.
MATICUSD MATIC BTCUSDT BTCUSD MATICBTC
Looks like a possible bear pennant forming. Next support test will be in the mid 0.70s if it breaks down.
MATIC
MATICUSD
MATICUSD.P
MATICUSDT
MATICUSDT.P
MATICMATICUSD MATICUSD.PMATICUSDTMATICUSDT.P
Polygon is sitting right on its golden ratio from swing low to swing high.
MATICUSD MATIC MATICUSDT MATICUSDT.P MATICBTC
MATICUSD MATIC MATICUSDT MATICUSDT.P MATICBTC
MATIC saw a quick pump after the y00ts news, now it's looking to go back to nose-diving back to heck. Long term super bullish though, simply too many mainstream integrations for Polygon to die off.