Altcoin MCAP / BTCUSD = Altcoin MCAP in BTC

Interesting "what if" scenario: How many Bitcoins would the Altcoin market be worth?

Altcoin marketcap calculated in BTC would possibly be headed to 200 weekly MA. The ABC correction from the top fits this analysis as well. Essentially a final flush for every single sh*tcoin there is on the market. Also a possible H&S in the grand scheme but we'll see...