Crypto Altcoin market - Bullish
This is a 6year logarithmic scale chart.
Here we examine the entire worth of the Alt-coin market (NOT including Bitcoin).
We can clearly see contraction/consolidation phases and extreme expansion phases.
These are lead by speculation, greed, technological advancement and other market dynamics (such as supply and demand).
But cycles are a very natural phenomenon, they exist in many forms in many areas of our reality. Financial markets is just one of them.
This has been a fantastic indicator of mega-up trends within the altcoin space. It would seem that we are currently only within the early test matches, just warming up. There are several years ahead of us with another phase of extreme expansion due sooner or later.
Here we examine the entire worth of the Alt-coin market (NOT including Bitcoin).
We can clearly see contraction/consolidation phases and extreme expansion phases.
These are lead by speculation, greed, technological advancement and other market dynamics (such as supply and demand).
But cycles are a very natural phenomenon, they exist in many forms in many areas of our reality. Financial markets is just one of them.
This has been a fantastic indicator of mega-up trends within the altcoin space. It would seem that we are currently only within the early test matches, just warming up. There are several years ahead of us with another phase of extreme expansion due sooner or later.