MOONSHOT CONTINUES!! Bitcoin in Canada SMASHES past $5500 mark! $5000 2 days ago! Still Rising! | $4010 USD! | $135B Crypto Market Cap! New ATH's! | Perspective and Optimism in this Post as always. | 8-13-2017 | Charts, Overview.

in #bitcoin7 years ago (edited)

Low: $4993 CAD

High: $5555 CAD

You cannot regulate Liberty!

4:45 pm EST



$135B CryptoCurrency Market Cap today

= More ATH's!! (All Time Highs) | Wow!


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.

A correction was due, many people felt who have been in Crypto for awhile, and that is what we have muddled thru the last 50 days for the most part.

-- Perspective.



TODAY:


What Started This Rally?


THE AUG. 4th to 5th rally started all this ..... PARABOLIC CLIMB!

#Bitcoin in #Canada $4300 high $CAD today - 8-4 +5th - 2017 #BarryDutton @BarryDutton #Crypto #Liberty #CryptoCurrency #BitcoinETF #Finance.jpg

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Recently I had reported on this --- here's the overview of what I said during this period:

I was on a Livestream this epic night with Benny of BTC Sessions on his YT channel I had promoted to help him -- when this epic climb had happened during the broadcast -- and all viewers and hosts/guests just kept checking their screen and could not believe what was happening as the BTC price across the board went STRAIGHT up and kept climbing:

I have actually included this livestream link so you can see the reactions of the people on the show, during the last half --- and I have clipped this here at the 48:15 mark where he mentions me and Steemit --- I had been giving him some help online:


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.

The last time we were around this mark, as you see was about 2 months ago, when I made this post about BTC flirting with the $4k $CAD mark:

https://steemit.com/bitcoin/@barrydutton/bitcoin-flirts-with-usd4000-usdcad-usd3k-usd-mark-all-week-or-btc-usd-usd2850-high-keep-calm-and-hodl-bitcoin


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.

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


The recent Bitcoin Cash / fork split on the now infamous Aug. 1st of last week caused the Crypto Market Cap to finally get back over the $100B mark for the first time in WEEKS --- and we are hoping we are over the correction hump for some sustained green and growth.

We have had a parabolic growth the last ~2 weeks! - the Crypto Market Cap climbed QUICKLY - all the way back to the previous $116B market cap ATH --- and kept going.

And then some!

--

It blew past the $120B mark for the first time ever (August 7th, 2017 - around 9 pm EST)

--

Perspective. Remain Balanced.



BITCOIN $USD CHARTS:


BITCOIN BREAKS THE $4000 $USD MARK!

The Milestones continue to be smashed.

24 hour HIGH -- $4180!


Here's the $USD current charts below, on the BITTREX exchange. Gains bro! New ATH's clearly noted. -

Broke the $3400 mark for the first time ever just about a week ago.... and change for that now former - new ATH!! In the last few hours it is still hanging around the $4020 mark right now.

I am watching the chart candles and it may go even higher tonite, for more HUGE gains.

-- We will be OK people.



~2 Weeks Bittrex Exchange Chart:


Look at this last 2.5 days!!!!

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More Perspective: The Recent All Time Highs as Covered Previously:

My past posts / quotes / charts etc. in our last Moonshot phase weeks ago:


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 and the dramatic rise past those days:

$2k on May 2nd.

$3k on May 22nd just 20 days later...

$4k on August 5th. Roughly 73 days ( the crash and recovery period + 4 days after the BTC Forkening / Bitcoin Cash split)

$5k on August 11th - 6 days later in the dramatic Moonshot/Parabolic phase continuing!


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. We have just talked about this once again.

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!

--

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.

--

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


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 when I had reported:


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. !!!


BUCKLE UP CRYPTO FAMILY!!!!


BitcoinWisdom.com chart / Quadriga CX Exchange shot.

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



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!



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.

Sort:  

perfect your post @barrydutton!

about your post.

Welcome to Steemit. I see you are new.

I will UV / upvote you here and help you out a bit. I have had help along the way.

I was able to vote with some weight and boost you from 25 here to 29 in one shot. I do this a few times a week to help new people --- welcome again and -- we all need some help along the way.

Have a good day.

And this is just the beginning :) go free market go..

There are always forces controlling things... Crypto is not different in many regards, be as informed as you can be and try and make good decisions.

Have a good week.

I am not sure it is a moon shot. I think it is doing what it is supposed to be doing.

It's a good debate point for sure.

I like your optimism LOL

Have a good week man

Thankyou for information @barrydutton.. Very interesting.

Really... wasn't knowing it crossed 5k in Canada. Wow, may be that means it could follow this trend in many places. I am buying again after some research. Thanks.

Bitcoin's deflationary aspects are remarkable with only 21M coins, and some of those are locked up - lost -- etc meaning there are actually less.

The opposite of fraudulent fiat dollars.

Yeah true. Bitcoin is looking stronger than ever. Though it may stabilize or fluctuate a bit where in altcoins might rise again. Along with Bitcoin I am investing chunks in Litecoin as well.
Lightening network and micro-transactions will take it to a higher level. Also many countries and celebrities have started investing in it. This is still an opportunity to HODL.

So much opportunity.....

I like looking at quadriga prices too lol.

We are still all early adopters........ I have always tried to remind people of this -- especially new crypto folks who are upset that they feel they are late to the party.

I feel that way at times but I shake it off and remind myself of this fact daily!

True, that's the reason I immediately move my coins offline/cold so that I don't tempt to make any mistake of selling it low. Emotions do haunt us when we see the bearish market.

It's been one hell of a weekend and it ain't even over

It's already tomorrow morning in Hong Kong

LOL

Have a good week man

Free markets, privacy and no more bankers.

I see some huge months to come as we close in on 2018, i keep trying to tell people get in now.

Hey @barrydutton. Would love to have you share your crypto posts over in #teamcanada. We've just started a group for Canadian Steemers and a dude with a Canadian crypto skillset would be welcomed! Check it out, Cheers

Feel free to share the post if you like, I just walked in the door, will catch up.

Thanks.

(:

solid # there LOL

Yeah no worries man we're not going anywheres.. but up! Especially if we get you on board! #teamcanada 4 life 😊

Oh and yes having #teamcanada available was too perfect!

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