Hello, and welcome to the 85th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Tezos, Tron, Golem, Constellation and Troy. I will also be providing an update on Altcoin Market Cap, both in BTC valuation and in dollars.
Hello, and welcome to the 84th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Cardano, Chainlink, Algorand, Stratis, Telcoin, Fantom and NKN. I will also be looking at Altcoin Market Cap and its implications for altcoins over the coming weeks.
There's a lot of discussion online about the mechanisms behind market cycles in cryptocurrencies, but the topic itself remains unclear; at the crux of it, however, is accumulation and distribution. Accumulation is a process that is defined as either incremental or volatile buying of an asset to increase position size and thus control of supply. The reverse is true for distribution, where a market participant sells an asset either incrementally or in bulk in order to reduce position size.