They’re great, right?
Not always, but in a few “lines” we can really pick up a lot. Not so with words.
So here is my first chart of the day. It plots the market capitalization of the top five (current) cryptocurrencies from January 1, 2018 to February 14, 2018.
It helps you keep things in perspective.
What do you notice, besides all the ups and downs and such? (Above.)
Hint. Look at the last dip. About February 6, 2018.
What do you see?
A bit closer now.
Is this a market “reset” of some sort?
If not, it is interesting how the top three are nearly equidistant now.
In any event, if you peruse the upper chart, you will see which “coin” seemed to bounce from the resets very quickly.
I wonder if history will repeat?
Data Source: CoinMarketCap.com