For weeks I've been trying to find a pattern that allows me to understand how the market cap develops.
I wonder?: the continuous entry/exit of FIAT and the apparent sudden corrections are predictable?
My last "predictions":
week 17/18 ~ week 16/18 ~ week 15/18 ~ week 14/18 ~ week 13/18 ~ week 12/18 ~ week 11/18 ~ week 10/18 ~ week 9/18 ~ week 8/18 ~ week 7/18 ~ special sundays ~ week 6/18 ~ week 6 special3 ~ week 6 special2 ~ week 6 special ~ week 5/18 ~ week 4/8 ~ week 3/8 ~ week 2/18 ~ week 1/18 ~ week 52/17 ~ week 51/17 ~ week 50/17
Last week 17 prediction:
i was waiting for a explosive week arround 34% and we were on way until some whales decided to take some profits wednesday 25th when TMC was at $435 bi retailing it to $380 bi, but that's part of the game:)
so after this correction, TMC went to 13% which is an excellent new :)
Prediction: This Week 18 2018:
This week I stay with a continuation forecast, if the previous week we did not reach a TMC of $ 510 bi, this week we should and at that point the market will undergo a big test, that was the point of the last change of trend in February:
I still think that roof will be a important resistance to cross, road to moon or road to hell again :)
Another interesting point we are experimenting is the entrance of FIAT to the market and the loss of dominance of Bitcoin, without a doubt something that had not happened and that forces me to be attentive since one day of these BTC will start to climb dragging the altcoins.
Remind you that I am not a TA expert. The data I collect is a personal exercise that I carry out weekly and help me to understand the data and information that allows me to be updated about the cryptoworld. Finally I share this in steemit for fun! so feel free to comment anything!