Ethereum/BitcoinEducacional
My understanding of the market cycles
The idea is purely for educational purposes and SHOULD NOT be considered as trading advice.
Based on my understanding of the market cycles I have tried to summarize how the money flows into the crypto market using Bitcoin USD and Large Cap Index/ BTC price as reference.
The large cap index consists of XRP, ETH, LTC, ETC, NEM, XMR - basically large caps which are consistently in the top 15 since 2016 and covers more than 50% of the altcoin market. There are several reasons why newer alts(like BCH, Cardano, Neo) are not considered for the analysis, lack for sufficient historical data being the primary reason.
Moreover, I have seen the market to move in tandem i.e. all altcoins go up and down togeather so the index is sufficient to study the market cycles.
I hope you like the idea. Please share and follow incase you find it useful.
I am also curious about why
Based on my understanding of the market cycles I have tried to summarize how the money flows into the crypto market using Bitcoin USD and Large Cap Index/ BTC price as reference.
The large cap index consists of XRP, ETH, LTC, ETC, NEM, XMR - basically large caps which are consistently in the top 15 since 2016 and covers more than 50% of the altcoin market. There are several reasons why newer alts(like BCH, Cardano, Neo) are not considered for the analysis, lack for sufficient historical data being the primary reason.
Moreover, I have seen the market to move in tandem i.e. all altcoins go up and down togeather so the index is sufficient to study the market cycles.
I hope you like the idea. Please share and follow incase you find it useful.
I am also curious about why
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.