Bitcoin FULL Analysis PART 2

6 hari laluIn a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance.

An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle.

In this video, I make an important suggestion based off Elliot Wave Theory. This theory is backed up by the points mentioned but also by the Logarithmic view:


From the log scale, we can see BTC is still trading relatively low compared to previous cycle top-outs. So the question remains - the end... or just the beginning?

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BTCUSD BTCUSDT TOTAL3 BTC.D