TradingView
VictorCobra
Feb 24, 2022 3:00 AM

The Asset Bubble Pop In Motion Pt 2 Short

Litecoin / DollarBitfinex

Description

Here's part 2! I realize I forgot to talk about Bitcoin dominance, even though I spoke about ETH/BTC in my previous video. So here's the Bitcoin dominance chart:


In a bearish scenario for the market, I expect dominance to head back towards 50% and above. Stablecoins are an interesting variable, however. If there is a rise in demand for stablecoins, they may skew this chart a bit.

Additionally, here's an interesting study I did about M2 money supply and its relationship to asset bubbles:


As always, this is meant for speculation and entertainment only. Thank you for your support!

-Victor Cobra
More