01-13-2021, 07:21 AM
The upcoming Bull season will make the previous Bull season look like a peanuts
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/"> <img src="https://b.thumbs.redditmedia.com/1tXEut-WTCQMeQHFWXSlz4gORb8sqna4YDHalxBz54A.jpg" alt="The upcoming Bull season will make the previous Bull season look like a peanuts" title="The upcoming Bull season will make the previous Bull season look like a peanuts" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Comparing Current volume from 2017-18 Bullrun, crypto volumes gained massive spikes while the marketcap isn't much bigger.</p> <p>7 Jan 2018 was the peak moment of the previous Bull season when</p> <p><strong>MC: $852 billion, Volume: $30 billion only</strong></p> <p>Current Scenario: MC: <strong>MC: $978 billion</strong>, <strong>Volume: $238 billion</strong></p> <p><strong>There is a 690% hike in Volume and a 14% hike in Marketcap</strong></p> <p>There is much more money Volatile in the Market now around $238 Billion/$978 Billion= 24% of current Marketcap</p> <p>The graph below to above states:</p> <p><a href="https://preview.redd.it/ssvnk0j6fva61.jpg?width=1633&format=pjpg&auto=webp&s=336b81685bb570db7b1dfda2d88849bac12d6533">Coingecko</a></p> <p><em>Volume Spikes can also be because of Margin trading, there are more people in margin trading now compare to 2017</em></p> <p>But when we compare it with 23 Dec 2016 :</p> <p>MC: $16 Billion and Volume: $6 Billion</p> <p>There was much more money Volatile too in that phase of the market</p> <p>States Below :</p> <p>​</p> <p><a href="https://preview.redd.it/y0ef0rnshva61.jpg?width=1632&format=pjpg&auto=webp&s=18c3db66c9df7718e28fd9fbd18ad6ca13fdd88d">https://preview.redd.it/y0ef0rnshva61.jpg?width=1632&format=pjpg&auto=webp&s=18c3db66c9df7718e28fd9fbd18ad6ca13fdd88d</a></p> <p>I still see the market in Pre-stage of Bull season where alts are still near to their ATL</p> <p><strong>For any Newbie who is thinking how Alts season looks like I have a graph for you</strong></p> <p>​</p> <p><a href="https://preview.redd.it/09tg0cglnva61.jpg?width=1591&format=pjpg&auto=webp&s=b66c725154a7db59e39354e7f6e6d79e34b550db">https://preview.redd.it/09tg0cglnva61.jpg?width=1591&format=pjpg&auto=webp&s=b66c725154a7db59e39354e7f6e6d79e34b550db</a></p> <p>7 Jan 2018 the peak of alt season and marketcap where <strong>BTC dominance is crushed by alts dominance</strong></p> <p>BTC dominance: 33.54%</p> <p>Alts Dominance: 66.46%</p> <p><strong>Current BTC dominance: 67.8%</strong></p> <p><strong>Current Alts dominance: 32.2%</strong></p> <p>When these states will reverse then we can say we are in Alts season and that's the time to take the exit from alts and Euphoria level</p> <p><strong>But now we are nowhere close to that that states</strong></p> <p><a href="https://preview.redd.it/z0kje4rmova61.png?width=4004&format=png&auto=webp&s=79aada9f7434db9b4c5c5a39225d906e2744e270">https://preview.redd.it/z0kje4rmova61.png?width=4004&format=png&auto=webp&s=79aada9f7434db9b4c5c5a39225d906e2744e270</a></p> <p>TLDR: Hold your alts tight for a massive run that is months away, and we will gonna see alot of dips and correction to make newbies panic but just Enjoy the ride with a calm mind</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/salil19"> /u/salil19 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/"> <img src="https://b.thumbs.redditmedia.com/1tXEut-WTCQMeQHFWXSlz4gORb8sqna4YDHalxBz54A.jpg" alt="The upcoming Bull season will make the previous Bull season look like a peanuts" title="The upcoming Bull season will make the previous Bull season look like a peanuts" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Comparing Current volume from 2017-18 Bullrun, crypto volumes gained massive spikes while the marketcap isn't much bigger.</p> <p>7 Jan 2018 was the peak moment of the previous Bull season when</p> <p><strong>MC: $852 billion, Volume: $30 billion only</strong></p> <p>Current Scenario: MC: <strong>MC: $978 billion</strong>, <strong>Volume: $238 billion</strong></p> <p><strong>There is a 690% hike in Volume and a 14% hike in Marketcap</strong></p> <p>There is much more money Volatile in the Market now around $238 Billion/$978 Billion= 24% of current Marketcap</p> <p>The graph below to above states:</p> <p><a href="https://preview.redd.it/ssvnk0j6fva61.jpg?width=1633&format=pjpg&auto=webp&s=336b81685bb570db7b1dfda2d88849bac12d6533">Coingecko</a></p> <p><em>Volume Spikes can also be because of Margin trading, there are more people in margin trading now compare to 2017</em></p> <p>But when we compare it with 23 Dec 2016 :</p> <p>MC: $16 Billion and Volume: $6 Billion</p> <p>There was much more money Volatile too in that phase of the market</p> <p>States Below :</p> <p>​</p> <p><a href="https://preview.redd.it/y0ef0rnshva61.jpg?width=1632&format=pjpg&auto=webp&s=18c3db66c9df7718e28fd9fbd18ad6ca13fdd88d">https://preview.redd.it/y0ef0rnshva61.jpg?width=1632&format=pjpg&auto=webp&s=18c3db66c9df7718e28fd9fbd18ad6ca13fdd88d</a></p> <p>I still see the market in Pre-stage of Bull season where alts are still near to their ATL</p> <p><strong>For any Newbie who is thinking how Alts season looks like I have a graph for you</strong></p> <p>​</p> <p><a href="https://preview.redd.it/09tg0cglnva61.jpg?width=1591&format=pjpg&auto=webp&s=b66c725154a7db59e39354e7f6e6d79e34b550db">https://preview.redd.it/09tg0cglnva61.jpg?width=1591&format=pjpg&auto=webp&s=b66c725154a7db59e39354e7f6e6d79e34b550db</a></p> <p>7 Jan 2018 the peak of alt season and marketcap where <strong>BTC dominance is crushed by alts dominance</strong></p> <p>BTC dominance: 33.54%</p> <p>Alts Dominance: 66.46%</p> <p><strong>Current BTC dominance: 67.8%</strong></p> <p><strong>Current Alts dominance: 32.2%</strong></p> <p>When these states will reverse then we can say we are in Alts season and that's the time to take the exit from alts and Euphoria level</p> <p><strong>But now we are nowhere close to that that states</strong></p> <p><a href="https://preview.redd.it/z0kje4rmova61.png?width=4004&format=png&auto=webp&s=79aada9f7434db9b4c5c5a39225d906e2744e270">https://preview.redd.it/z0kje4rmova61.png?width=4004&format=png&auto=webp&s=79aada9f7434db9b4c5c5a39225d906e2744e270</a></p> <p>TLDR: Hold your alts tight for a massive run that is months away, and we will gonna see alot of dips and correction to make newbies panic but just Enjoy the ride with a calm mind</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/salil19"> /u/salil19 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kvp7lv/the_upcoming_bull_season_will_make_the_previous/">[comments]</a></span> </td></tr></table>Kind Regards R