This isn't a dip. This isn't a bull run. This is a new kind of market.

This is today's market cap. Look pretty rough. Solid downtrends, some price adjusting, close to a billion dollars flowing out of crypto today. A billion dollars. That's so much money. But is it? This is the five day market cap. It's the same trend. We're down about a billion dollars on the week. As a whole. This is the one month market cap. This is the November 'bull run' that everyone keeps talking about. As if it were a bull run. Still, from the month start, we're down about a billion dollars. As a whole. That's it. Yet, coin value is still there. This is the three month market cap. Now we're getting somewhere... Up almost 500 billion dollars. 500 billion, in three months. That seems insane, right?? But it's not. This is the six month market cap. It's up A TRILLION DOLLARS. In six months. Now... THAT is a lot of money. And finally, this is the one year market cap. It's up 1.75 TRILLION DOLLARS. We have a growing issue with the definitions of bull/bear cycles. Falling 20% was more applicable to fiat. In crypto, those cycles turn on a dime. But they still - always go up. And crypto has absolutely nowhere else to go - but up. This isn't a bull run we're in. If anything, it's a short-bear cycle. But in all reality - it's just another day in the madness of pouring hundreds of billions of dollars into crypto by the week. Fiat isn't breaking any new ground. There is no room for growth in fiat. Crypto has unlimited room for growth. I don't believe in a bear cycle in crypto anymore after 2020 and 2021. I only see bulls with stumbles. submitted by /u/tafor83 [link] [comments]