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Bixley
Apr 21, 2021 2:56 AM

Market Cap - Was the last bull run unique? Long

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

If the last bull run was unique I pose the question why are we seeing similar patterns? (within circle)
With an impressive 452846.26% increase to reach the Top of the fib channel
Will this occur again? The TOTAL market cap would be incredibly high if so
I have my doubts but this is cryptocurrency, to reach the top again another massive move is implied, we will see I guess.
A very optimistic scenario.

Comment

The market cap would be 600T if this proceeded...........
Comments
prefabsprout
well if crypto becomes the new way the entire world does money then that makes sense...
brendanlonson
452846.26% will not happen again.
1T mcap will not become 600T or 1000T in 2 years.
The first bull run was indeed unique.
Amazon mcap = 1.85T
Google mcap = 1.73T
Useless (currently, because not many people actually do anything with it other than trade/invest in it) crypto will not = 600T
comprehensiveA58709
Hello
Im seeking for great chart opportunity
These are in my watchlist i will analysis them one by one
UnknownUnicorn4849158
Following the history we have to expect downtrend until the middle of summer?!
Bixley
@musichead, Bars pattern is just speculative and copy pasted from the last bull run. Price action will be very different, we are in a bull run.
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