This idea is purely based on the 4 year boom and bust cycle theory. We expect btc to bottom about 1 year before the halving and top at least 6 months but probably 9-18 months after the halving. So I adapt this theory to the total market cap and estimate a conservative 50% btc dominance to get an idea of the total crypto market cap targets of this new cycle. We can also combine different cycle based models to create a heatmap.
This allows us to track where we are in the big picture and identify mean reversion risks.
#dubious #speculation
הערה
zoomed in
הערה
Dip into the green area. If we believe in the cycle theory and that altcoins will move together with BTC, dips into this region could be a good long term entry. The lower it goes, the lower the risk of entering buy and hold positions.
הערה
total market cap now deep in green region, means total cap is around the price it should be for btc 140k end of cycle target
הערה
dipped into the green region today where risk might be pretty low to enter spot positions.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.