Total MarketCap & Corrections Analysis ~ week 17/18

in bitcoin •  7 years ago 

For weeks I've been trying to find a pattern that allows me to understand how the market cap develops.

I wonder?: the continuous entry/exit of FIAT and the apparent sudden corrections are predictable?

My last "predictions":

week 16/18 ~ week 15/18 ~ week 14/18 ~ week 13/18 ~ week 12/18 ~ week 11/18 ~ week 10/18 ~ week 9/18 ~ week 8/18 ~ week 7/18 ~ special sundays ~ week 6/18 ~ week 6 special3 ~ week 6 special2 ~ week 6 special ~ week 5/18 ~ week 4/8 ~ week 3/8 ~ week 2/18 ~ week 1/18 ~ week 52/17 ~ week 51/17 ~ week 50/17

Last week 16 prediction:

based on the trend of the data was erroneous, that is to say in the war of data vs graphics, the graphics have won;)

Which mean that it's an excellent new for all us :)

And we just started the run to the next roof: TMC $517 bi, thats what we had at february 17th after touching a TMC $276 bi floor on february 6th.

tmc17.png

Prediction: This Week 17 2018:

Since the trend is clearly broken, and without taking into account small corrections up to -10%.. this week looks like december 6th to december 13th 2107:

dec6.png

So this week looks like promising adding arround 34% FIAT to the TMC and if that happends we would starting to test the roof resistance $517. Which IMO will be the key to test if we go up or down again like we saw in february.

Another possible scenario would be the withdrawal of profits since we have accumulated for two weeks 40% ..

Remind you that I am not a TA expert. The data I collect is a personal exercise that I carry out weekly and help me to understand the data and information that allows me to be updated about the cryptoworld. Finally I share this in steemit for fun! so feel free to comment anything!

@beiker <3

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Vamosss!

My gut is telling me we’re gonna have a flat week :-) And I’m just gonna keep saying that since last week it worked

haha keep it going then:))

The time of the "le resistance", hold!!!!

Hope Whales don't get 40% profit and the uptrend will continue.
Good post!

a ver... estoy yo por recoger algo... jaja

Thank you, very interesting TA. Very thrilling if it goes december2017-like. I would prefer a much more relaxed increase of value.

ty, well i try to find similarities, then i gamble xD

Yes, yesterday also we saw an Bullish increase in the Crypto Market Capital and in my opinion it's really great to see these positive and green trends once again and we know the Crypto market is volatile so the trends can move up and down but this is an great phase after many downtrend time. Thanks for sharing and wishing you an great day. Stay blessed. 🙂

ty for your view as well;)

Welcome. 🙂

You got a 76.92% upvote from @redlambo courtesy of @beiker! Make sure to use tag #redlambo to be considered for the curation post!

you are amazing. i think i learnt a bit how to figure out how it works. thank you for your share