This is the "forever" moving average of the Market Cap.
The cumulative sum of the daily Market Cap values divided by the age of the market in days.
Can be seen as an ultimate bottom that should never be touched and if so is a good buying opportunity.
The default settings are for BTC.
If you want to test this indicator on another chart you have to change the...
🔗 Blockchain Fundamentals - Thermocap (Marketcap Alternative) by Cryptorhythms
Market capitalization is an indicator for assessing the value of equity in companies. Crypto has inherited the metric from stocks and is having a hard time trying to get rid of it. Problems here are:
Market Cap takes into account all coins distributed so far, not...
Genesis strategy. Trading strategies can't be so perfect, they can't scrape the bottom and escape the top, and they can't capture all the examples in the market. Trading system only processes the past data, divides the market and classifies it completely.
Don't try to predict how the market will go. It will cost a lot. We should follow the market and make friends...