BTC: Market Cap to Thermo Cap Ratio [Overall Bullish]

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Market Cap BTC, $ (CRYPTOCAP:BTC)

CRYPTOCAP:BTC Market Cap BTC, $

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Chart: tradingview.com/x/MfChrfQ4

I saw an analysis' posted on twitter by Rafael Schultz-Kraft and Geert Jan Cap that puts us in the lower end of the bull cycle and felt I should share on here.

Last bull market $BTC was @ $8500 at the current Market cap:Thermo cap level
Price increased 135% to the top in a month
From the current price 135% is $110,000

To see a better chart of this go the Rafael's twitter to get the full view with current Market cap:Thermo cap data

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