This analysis consists of evaluating all the money in cryptocurrencies and relating it to the amount of dollars in circulation in the world.
This proportion is given by TOTAL divided by MONEY STOCK
There are both support and resistance lines with 3 points or more confirming them.
It can be said that strong trends emerged from the moment that breakout and retest.
Furthermore, the bear market this time does not necessarily need to repeat the same values as the previous one, as the respective bull run values are different.
There is a chance the bottom has been registered. If there is a breakout and resistance retest, it is possible to start the next bull market.
The -88% bear market scenario can be "nullified" due to these arguments from above.
This proportion is given by TOTAL divided by MONEY STOCK
There are both support and resistance lines with 3 points or more confirming them.
It can be said that strong trends emerged from the moment that breakout and retest.
Furthermore, the bear market this time does not necessarily need to repeat the same values as the previous one, as the respective bull run values are different.
There is a chance the bottom has been registered. If there is a breakout and resistance retest, it is possible to start the next bull market.
The -88% bear market scenario can be "nullified" due to these arguments from above.