BCNBTC AUG 2014 / AUG 2019 in 5 Annual Cycles

8 באוג׳ 2019

Interestingly, from an annual cycle perspective, it can be seen how the BCNBTC market experiences moments of trend change. Here in a long-term perspective we share an interpretation of the dynamics of volumes and their correlation with the volatility of the cryptocurrency price which makes this technology a market that always promises movements for the generation of spreads of several X. Right now We can verify its sinking towards the historical support area. What news will bring the next change of trend within this logic of cyclical dynamics that characterizes this market? We cannot assure with certainty but we do know that they will have to speak when the next bullish cycle opens because of the push that configures the irruption of large volumes by having a BTC whose dominance oscillates today in the order of 68% of the entire ecosystem .