Total Market Cap and BTC Trend
As a beginner (started in may 21) to get a better feeling for the numbers I did a short analysis of size and relations between: market cap - bitcoin dominance - btc price
I conclude that given the market cap linear rising on the log scale that a lower bound of the BTC price should be 28k (if there are no cascading effects due to leverage)
continously rising over time to 250k with a lower bound of 100k in '23
As I write this already 28.8k has been touched with a higher market cap, this difference could be accounted for by bitcoin dominance being different at this market cap lvl (lower 0.4x instead of 0.55)
I conclude that given the market cap linear rising on the log scale that a lower bound of the BTC price should be 28k (if there are no cascading effects due to leverage)
continously rising over time to 250k with a lower bound of 100k in '23
As I write this already 28.8k has been touched with a higher market cap, this difference could be accounted for by bitcoin dominance being different at this market cap lvl (lower 0.4x instead of 0.55)
Note
(0.47*1133000)/18.74 = 28415
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.