Bitcoin flirts with $4000 $CAD / $3k USD mark all week!! | BTC/USD = $2850 (high) - Keep calm and HODL Bitcoin.

in #bitcoin7 years ago (edited)


Low: $3880 CAD

High: $3950 CAD

You cannot regulate Liberty!

11:25 am EST



Bitcoin like many Crypto's recover and bounce back now the last few months, quicker than ever -- as we see again this past few days. These pull backs and dips and corrections are NOT crashes I say all the time.

We have had another fun ride in the markets, we see these ups and downs and nutty things as the price is trying to find itself day to day, and that likely has a lot to do with all the NEW PEOPLE AND MONEY coming into the space and like people trying to find their way, so the price is doing the same.

Said this before many times, -- dips / corrections are not crashes - remain calm but do your research. Use your charts.


Here's the $USD 1 month chart below, on the Poloniex exchange. Gains bro! New ATH range again days ago at $2850 $USD.

Broke the $2k mark for the first time ever just recently. In the last few hours it is still hanging around the $2850 mark right - and is now.

The high for today is in the $2850 range USD

We will be OK people.

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BTC just crossed the $3000 mark $CAD on May 22nd, 2017- for the first time ever.... see below for the days just gone by where it crossed the $2000 mark on May 2nd -- just 20+ days ago.

$2k on May 2nd. $3k on May 22nd just 20 days later... that is amazing. Let us remain cautious. Huge gains like this anywhere in life usually mean a correction/pullback or crash may be not far off. Be prepared but have fun and enjoy the ride we are on too.

Balance. Perspective.

We have had huge gains the last few months and are in good - great actually -- shape!


I have included the posts in May in this template for awhile now to remind or show new readers the perspective we need to remember. A REFERENCE POINT if you will!

BTC price has skyrocketed in a very short period of time, so when it does not go up $100/day every day, we need to remember where we came from not long ago!

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I recently wrote this article using charts and 5 years of history to really nail the perspective issue here of gains and losses showing the last 5 Junes on record, in the Crypto market, it is a very good, short read with charts year over year.

https://steemit.com/bitcoin/@barrydutton/crypto-market-update-market-cap-smashes-past-the-usd90b-mark-that-s-b-as-in-billion-historical-overview-w-charts-of-the-last-4


It's almost ridiculous now watching this stuff shoot straight. to. the. moooon. Every day, all day!

Trend: Generally, the spread between the lows and the highs seems to be narrowing which means the highs stay high but the LOWS are also higher, so the resistance lines and larger price corrections are leaving, presumably stabilizing the currency and supporting the price and increases.

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Here is the chart showing it crossing the $3k $CAD mark on 5/22/2017 somewhere around the 8 am mark EST:

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I often insert Canadian culture satire in my titles or blogs just to give people a laugh. Such statements are meant for humour only and may not actually be true. Canadians have great igloos and senses of humour. Eh??



Courtesy Pixabay where images are Freeeeeeeee to use!!!



If you missed the record breaking days leading up to and after May 2nd, here are the charts/info from my post on the day that BTC/XBT broke the $2k barrier here in the police state of Canadastan:


I posted on this yesterday it has been kind of funny. $BTC / $XBT in Canadastan here has spent most of the last 2.5 days edging and creeping towards $2000 $CAD as we know. $1980...... $1990.....$1995 last nite.....

*It spent allll day and nite yesterday around ~$1999.50 basically before breaking that $2k barrier around ~ 11:15 pm last night. !!!


Bitcoin in Canada - Hits 2000 CAD - May 2 11-15 pm - 2017 -.jpg


BUCKLE UP CRYPTO FAMILY!!!!



Did we just see the last day of BTC / XBT in Canada at $CAD starting with a 1?????


Bitcoin in Canada - Last Day sub 2000 CAD - May 2 - 2017 - Chart + Lines.jpg


Bitcoin just marches on. Vive Liberty!! It seems to have found support & consolidated around this mark for a few days now, that is good news!


I am still the only person here posting regular Canadian $BTC updates. I try to keep people apprised. I know Canada doesn't attract a lot of votes or attention etc -- but it remains a global market and a canary in the mineshaft so to speak as to what's going on in the global currency markets.





Thanks for reading, have a nice day.




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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
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If people are buying bitcoin in other countries for so much more than we are paying, it seems like it would be dumb to not invest.

The $CAD is worth 30% less than the USD.

That's why the price looks higher here. In $CAD

Thank you very much dear friend @barrydutton for the information. Have a beautiful weekend

Jose, mi amigo!

You too my man.....

Good input today!

Hope to see you later tonite and this weekend around the

#SteemitCampfire

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for some fun.

My post is up also on our Facebook Wallets you will really like!!!

Absolutely incredible! :) :)
Resteemed! :D

Thanks buddy!!

Are you and Dan @pressfortruth ready for your #Liberty duet round the ....fire!!?? LOL

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Hope to see you later tonite and this weekend around the

#SteemitCampfire

--
for some fun.

My post is up also on our Facebook Wallets you will really like!!!

When you say HODL, I think HODOR :D

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