The biggest Ascending Triangle pattern I've ever seen BTC.D

17 בנוב׳ 2023

(note this is inverse meaning up = all non (btc) marketcap rising.
If you invert the BTC.D I can't deny that the bounce here is pointing to a reversal in this asset class.

Bitcoin can go to 10-20 trillion in market cap and still have a BTC.D that reverses.

The Spot BTC ETF could be starting to spawn I hate to say it but a crypto v2 boom similar to the 1920s (roaring 20s).

I've made post on here on how market cap is a terrible indicator for the amount of cash inside this asset class and you only need a few trillion of real currency to hit a large total market cap.

How funny that random internet "coins" could have the potential to reach 20% of the market cap of the Total Market Capitalization of Public U.S. Companies.

I still see most of the ecosystems in this system are beyond useless but then again why do people stay in terrible countries? they create villages and tribes and they isolate, it's almost like tribes and villages are spawning globally with the reserve asset being Bitcoin not Gold this time.

29 בנוב׳ 2023

הערה

If this breaks down, the entire alt market will be annihilated.