Ikigai2020

Still 30% to go on altcoins

Ikigai2020 Updated   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
I am using the new TOTAL2 (alts excluded BTC) index from TV to catch the bottom. Yes I know, dear gurus "I don't have to catch the bottom or play w/falling knife...". But I like the adventure games.
On the other hand, it could mean that 30% of s**tcoins will die.
As always, #DYOR
cheers
Comment:
Playing w/numbers...
According to this chart if today:
- totalmarketcap =$109B
- BTC cap = $59,8B
- total altcoins cap = $49,2B
- 30% of $49B (still to support)= $14,8B
Bottom = (109-14,8) = $94,2B
or simply 30% of altcoins will die.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.