Interesting comparison between silver 2008-2013 and current bitcoin suggesting big bear market incoming. With an stimation of 1B ounces of silver in the market, silver peaked at around 49B usd market cap, similar to the past bitcoin peak at 48B market cap.
Note
Oh, btw: Silver in red Bitcoin in blue
Note
Bitcoin blue, silver red
Note
Updated symmetry.
Note
Mmmm wrong chart. Don't know why that was in my copy memory. This is the updated chart.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.