Market cap of cryptodollars increased exponentially over the last years. An increase in cryptodollars market cap bringt potential buying pressure on bitcoin . Over the last two years USD Market cap increased more than bitcoin. This ratio seems oscillate between a logaritmic channel. The upper board of the channel signal overbought situation of bitcoin. The lower...
The indicator with the red histogram is a ZScore of the price difference between the perpetual and spot market. If the perpetual price is higher than the spot price for a shorter or longer period, the score is above 0, otherwise it is below 0. The higher the value of this indicator, the higher the price difference was in the last periods. It is a surrogate for the...
Ethereum dominance (ETHmarket cap (Total - BTC) has swing between 0.2 and 0.4 end from end of the 2017 and today. Value of 0.2 were optimal buy point indicating that market is skewed through altcoins. Value of 0.4 indcated that eth was overbought. BIO
ETH mooved in a rising channel since beginn 2020. I graphically demonstrated in an other social network that price of ETH/BTC pair strictly correlate with the ratio between ETH and BTC onchain transfer value . Since september 2020 for the first time in the ETH history, the onchain transfer value ratio was substantially higher than ETH/BTC pair value. this could...
Nice pattern. Consolidation on the right shoulder. BIO
Atom seems to be in a longterm accumulation schematic. Most of volume is traded at this level and volume is increasing. BIO
Suspicious price action above the MA with volume. BIO
2W 50 MA should be in the pocket. Ready to continue higher. BIO
Long accumulation for dropbox. Volume should support a breakout. BIO
Above the RSI (high) 90% there were major tops and long corrections. Major tops were 6,5 and 3 times higher than the 20-week MA. Local tops were about 1.6 to 2 times higher than the 20MA. We are now 2X above the 20MA. BIO
Self explanatory chart. 5x on bitcoin on bull market BIO
Good value of BCH is the half of the actual value against BTC. BIO
Togheter with use and adoption bitcoin needs new markets. New markets are catalists of bull phases. This was the case between 2017 and 2018 after three years of ranging volume. From 2018 untill now there was a new volume range. News let think that new markets and a new expansion phase are coming. Supporting this hypothesis, in the last months spot volume...
The principal factor for bitcoin value is its use. Active addresses are increasing and approaching the top of the bubble of end 2017. The TAAR by cryptorhythms is the ratio between volume transacted and active addresses. As you can see the TAAR (in a logarithmic scale) fit the price of bitcoin well. During the bubbles there is an abnormal increase of volume...
Between 5 November 18:00 and 7 November 18:00 there was an automatic rally of the altcoins. Automatic rally is to see as a physiologic correction on the BTC pair and a way to identify projects with bigger trading potential. Best performer was link with 20% gain against bitcoin. Tezos and ADA followed with 15% gain. EOS was the worst performer with just 8% gain...
Confirmation of the expanding wedge reversal with partial rise and break out with confirmation of the reversal structure. Target is the IPO price BIO
I think that REN is still at the beginn parabolic trend against bitcoin. With this supposition there is space from this point for big gain against small losses. BIO
Cyclic time triggered buy at support for VET. Expected a small cycle triggered in the next months with possible 60% gain on ETH from now. BIO