Playing LEGO
What I always ask myself, why effects the movement of bitcoin always on all the other coins? It seems like, somebody is playing around in this market big times.
Somebody is playing LEGO, adding a bunch of money, and taking it away.
Marking it for every participant exciting, but also unpredictable.
Jumps block wise are happening. What is interesting is always the movement of the whole marketcap.
Beside the individual value of each asset, it seems to be a certain amount of capital in the market. An unbelievable number with tones of zeros.
The current Market Cap the market is dancing around are $200,000,000,000 since the all time high and its fall.
There are certain periods, where the market goes below, or climbs above, but always levels back to 200.
Periods
It seems like, that there are big movements happening around 20 to 26 bars periods.
The recent periods showed a mirrored pattern. Starting from 200, where it stayed around 20 bars, felt to a low pretty extremely, made its way back to 200 and just jumped to the years high! Ending up leveling back to 200.
Looks like a game, adding 20, removing 20, removing 30, adding 30 back to 200.
Bitcoin halving
Interesting situation now: We have 26 block (182d) the next event in the cryptospace, the bitcoin halving. Estimated date is by end of May.
How will the next period look like?
This is a question, that every crypto enthusiast drives nuts.
According to some thoughts, there will be a next big high before the halving. Some see another bear market.
If the marketcap is following a certain pattern, I think it will move sideways for the next weeks, leveling the 200 with a funnel heading towards the halving.
A real price action can be expected after the halving, even new ATHs.
Even this recent fall follows the old marketing sayings: Even bad promotion is good promotion.
So stay volatile, guys. Some really nice events are coming up. But maybe not tomorrow.
What are your thoughts about my ideas?
If you like, what you read, give me a like and follow my account.
Stay tuned;)
What I always ask myself, why effects the movement of bitcoin always on all the other coins? It seems like, somebody is playing around in this market big times.
Somebody is playing LEGO, adding a bunch of money, and taking it away.
Marking it for every participant exciting, but also unpredictable.
Jumps block wise are happening. What is interesting is always the movement of the whole marketcap.
Beside the individual value of each asset, it seems to be a certain amount of capital in the market. An unbelievable number with tones of zeros.
The current Market Cap the market is dancing around are $200,000,000,000 since the all time high and its fall.
There are certain periods, where the market goes below, or climbs above, but always levels back to 200.
Periods
It seems like, that there are big movements happening around 20 to 26 bars periods.
The recent periods showed a mirrored pattern. Starting from 200, where it stayed around 20 bars, felt to a low pretty extremely, made its way back to 200 and just jumped to the years high! Ending up leveling back to 200.
Looks like a game, adding 20, removing 20, removing 30, adding 30 back to 200.
Bitcoin halving
Interesting situation now: We have 26 block (182d) the next event in the cryptospace, the bitcoin halving. Estimated date is by end of May.
How will the next period look like?
This is a question, that every crypto enthusiast drives nuts.
According to some thoughts, there will be a next big high before the halving. Some see another bear market.
If the marketcap is following a certain pattern, I think it will move sideways for the next weeks, leveling the 200 with a funnel heading towards the halving.
A real price action can be expected after the halving, even new ATHs.
Even this recent fall follows the old marketing sayings: Even bad promotion is good promotion.
So stay volatile, guys. Some really nice events are coming up. But maybe not tomorrow.
What are your thoughts about my ideas?
If you like, what you read, give me a like and follow my account.
Stay tuned;)