OTM.Investments

🤔 Does Silver & Altcoins Share The Same Patterns?

CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
💰 LET'S GET INTO SOME SILVER & TOTAL2 ANALYSIS!💰

1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤

(Comparison Study)

The top chart is total2 which represents the market cap for altcoins in the cryptocurrency market on a monthly timeframe. The bottom chart is silver on a 3 month timeframe. We hear a lot of the time how bitcoin is the digital gold and I found it funny to identify a potential comparison for the alts to silver, which is like gold alt. Notice that crypto does move in faster cycles compared to traditional precious metals. I thought It was funny that both are compressing in almost the same sideways range after a major correction for the first initial all time high run. Just thought I'd share this outlook and think it shows a brighter future for both assets once we breakout of this range for the next run. Would love to hear what you think about the comparison.

Best of luck to you and all of your trades this week! 🤜

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🥇MLT | MAJOR LEAGUE TRADER
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