2014 Fractal Market Cap signaling near or at bottom
*** PLEASE VIEW IMAGE BELOW AS THIS IS WHAT THE WRITE UP IS REFERENCING ***
https://serving.photos.photobox.com/7051040580ff66abc45852384f248c7af254b56895b983277ce608e8fad99714b5c7a245.jpg
2014:
2018:
We can no longer view BTC as the main source of a fractal from the 2014 crash because there are so many alts now that make up a bigger % of the market cap. Thankfully we are able to use other charting services who provide total market cap and from there are able to see uncanny results of a fractal. Shown in the attached photo below you can see the numeric points identifying the fractal set up and that we are in final capitulation. Let it be known that if we are seeing final capitulation this week then the cycle is moving about 21% faster vs. 2014 as we will achieve a bottom in ~ 320-330 days vs. 410 in 2014 from Market cap high to low.
What comes after from 2014? 8 Months of ranging markets, where we see high lows being made an the bull run starting in about 260 days after the low (roughly 8-9 months). If we are moving 20% faster this should account for about 205 days/ ~ 7 months or Mid July. These are just fractal predictions, as the market could move a lot faster or slower. My guess would be faster as we see on boarding of making cryptocurrrency easily invest-able for the retail investors.
The final question here is how deep will this capitulation go before we get relief? If we round out I'm forecasting a move back to $4600 or a tag of .618 (.382 if you place fib 0 to 1 upright). I believe most of the alts will be the increase in market cap where as BTC will only be about 20% of that increase.
If you are interested in more updates like this and trading opportunities please contact me as I run a group called Surge Trading. We cover every alt on binance and the majors.
Thanks for looking.
https://serving.photos.photobox.com/7051040580ff66abc45852384f248c7af254b56895b983277ce608e8fad99714b5c7a245.jpg
2014:
2018:
We can no longer view BTC as the main source of a fractal from the 2014 crash because there are so many alts now that make up a bigger % of the market cap. Thankfully we are able to use other charting services who provide total market cap and from there are able to see uncanny results of a fractal. Shown in the attached photo below you can see the numeric points identifying the fractal set up and that we are in final capitulation. Let it be known that if we are seeing final capitulation this week then the cycle is moving about 21% faster vs. 2014 as we will achieve a bottom in ~ 320-330 days vs. 410 in 2014 from Market cap high to low.
What comes after from 2014? 8 Months of ranging markets, where we see high lows being made an the bull run starting in about 260 days after the low (roughly 8-9 months). If we are moving 20% faster this should account for about 205 days/ ~ 7 months or Mid July. These are just fractal predictions, as the market could move a lot faster or slower. My guess would be faster as we see on boarding of making cryptocurrrency easily invest-able for the retail investors.
The final question here is how deep will this capitulation go before we get relief? If we round out I'm forecasting a move back to $4600 or a tag of .618 (.382 if you place fib 0 to 1 upright). I believe most of the alts will be the increase in market cap where as BTC will only be about 20% of that increase.
If you are interested in more updates like this and trading opportunities please contact me as I run a group called Surge Trading. We cover every alt on binance and the majors.
Thanks for looking.
2014:
2018:
We haven't tagged 1.27 on 2018 just yet. The wick was close.