Market cap of cryptodollars increased exponentially over the last years.
An increase in cryptodollars market cap bringt potential buying pressure on bitcoin .
Over the last two years USD Market cap increased more than bitcoin.
This ratio seems oscillate between a logaritmic channel. The upper board of the channel signal overbought situation of bitcoin. The lower signal oversold situations.
This trend is probably just temporary and this ratio will probably over the next years consolidate and further oscillate sideway.
BIO
An increase in cryptodollars market cap bringt potential buying pressure on bitcoin .
Over the last two years USD Market cap increased more than bitcoin.
This ratio seems oscillate between a logaritmic channel. The upper board of the channel signal overbought situation of bitcoin. The lower signal oversold situations.
This trend is probably just temporary and this ratio will probably over the next years consolidate and further oscillate sideway.
BIO