@MaverickTrading, for what? you're using market cap to draw a trend line. Market cap is the most arbitrary metric in any market. Literally "last trade price" x asset in circulation. It's meaningless. If someone pumps a few million and the sell liquidity is small, it blows your chart out of the water. Too arbitrary to base a trend off of.
Your idea seems to be very accurate so far!
Congratulations 🐻🥳
MaverickTrading
⋅
this chart took me 5 minutes.
1BigPapi
⋅
Definitely called the divergence but I think you highly highly underestimate the size of the market since 2018. We'd have to see a literal purge of crypto to reach 100b again. Heck single DEFI projects have multiple billions locked up by themselves.
MaverickTrading
⋅
@misterbumble, realistic expectation would be 700Bln