What Are YOU Trading Today, & WHY? | E.45 | A Community Based Engagement Resource for Everyone! Aug. 21st - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support climbs again- $142.3B

in #bitcoin7 years ago (edited)

Today I'm continuing this series, hoping people will read, engage, respond, help each other etc - I will do this a couple times a week so people see it is a regular series and place they can always come and refer to the resource.


The markets have been bleeding RED for a lot of the last ~65 days!

The last 20 days have been good times.

  • We have gone back over the $100B market cap just in the last 20 days or so and stayed there -- buoyed by the Hard Fork / The Forkening of the Bitcoin on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH

We hit our market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark

The history of June/July leading up to where we are now, is in the 2nd half of this post.


90 Day Market Cap chart for TOTAL Crypto Market/ All Coins (CoinMarketCap.com)

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30 day Chart " " :

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TODAY: $142.3B MARKET CAP

That's up $3B in 7 days. The last week has been up and down.


Please share what you are BUYING or SELLING -- and why???

Pls. skip to the end if you want to reply, keep reading for the charts and recent history in this series.



The Recent History Leading to Now:


It's definitely been a rough ride again lately- but recovering well the last 20 days!!!

Since the June 20th Market Cap ATH of $117B, it has been down...... then up a bit.... then down again. Then up....wait.....nope - then down again then back up..... LOL!

The last 20 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up for the most part.... though as those charts show.


~30 days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.

~25 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...

~18 days ago here on my update we had finally crossed back into the $100B market cap range -- that day sitting at $102B when my update here was posted.

The Bitcoin fork day on August 1st changed everything in a lot of ways in the market -- and that was 20 days ago now and apart from some red / corrections in the market here and there -- we have not looked back and the bull market has been charging ahead ---

--Look at the market cap gains daily since 8/1 - Today now at $142.3B

That's ~$51B gained since August 1st (20 days ago)


My last update on this:

https://steemit.com/bitcoin/@barrydutton/what-are-you-trading-today-and-why-or-e-44-or-a-community-based-engagement-resource-for-everyone-aug-16th-2017-basic-crypto


It has been a fight!! But we love our Crypto!!!

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We have been been hovering around a depressed $90-94B Market Cap MOST of the last 85 days and as stated above, really since the market dumped right after the June 20th $117B ATH market cap.

The lowest points since the first week of June after months of sustained upward growth and news. We have had 3 dumpenings down to this range:


BITCOIN: The Forkening......

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..... has now come and gone (August 1st 2017 Fork date)

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That was playing havoc with the markets, we know this.

-- There is a lot of jostling going on still now, 20 days post Forkening for this one reason alone, adding the extra volatility to the markets.


Like the last few weeks when I updated this series..... the markets gained some similar recovery for a day and then crashed again.... what are we going to see the next 24 hours - 72 hours??????

We have been in steady bull uptrend the last week as I mentioned above.

-- Never a dull day in Crypto LOL.

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Markets Previously Topped out June 20th / 10 pm EST at $116B:

-- with that day being the previous ATH ( All Time High )

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You can see the weeks of that proof here in this chart where we topped out at $116.5B on June 20th around 10 pm EST / 6 pm EST. I have shared this chart a few times now:


Please share your Trading Notes and Questions here in this post, to teach/engage/chat with others!

Consider Resteeming this post to get others involved.



COMMUNITY ENGAGEMENT!!!



I am really enjoying doing this series long term, seeing the feedback and questions. I love it (:

COMMUNITY ENGAGEMENT!!!


There are a lot of good people on here who know what they are doing and we can build a solid resource here a couple times a week with all the community and you can check in here on my page a couple times a week and see the latest.

People can ask questions, share their wisdom and failures, and my hope is simple really :



Thanks for reading, have a nice day.



If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/bitcoin/@barrydutton/video-just-released-btc-sessions-benny-sits-down-with-shapeshift-ceo-and-crypto-godfather-erik-voorhees-to-discuss-projects-erik

https://steemit.com/bitcoin/@barrydutton/video-world-crypto-network-daily-stream-from-today-12-mins-or-news-of-the-day-with-thomas-and-the-wcn-crew

https://steemit.com/life/@barrydutton/solar-eclipse-livestreaming-link-right-here-reliable-link

https://steemit.com/cryptocurrency/@barrydutton/meme-of-the-day-fud-or-no-fud-yoda-tells-you-how-it-is-and-an-unrelated-pizza-photo-with-me

https://steemit.com/photography/@barrydutton/stopped-outside-the-sail-outdoors-store-to-grab-these-photos-i-ve-always-liked-the-pop-of-the-orange-day-lily-and-canadian-geese

https://steemit.com/life/@barrydutton/well-i-was-out-for-a-rip-recently-with-bob-the-statist-in-town-i-spotted-this-owl-in-the-car-next-to-us-lol-i-am-not-kidding

Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.

If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

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Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

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PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

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Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



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:  

I'm buying Bitcoin today, it seems altcoins will be pumped for a while so I'm increasing my holdings ahead of the Segwit implementation.

Sounds smart.

janet-yellen-glasses.png
In the meantime a bit of fun: Why did the eclipse terrify Yanet Yellen? Hahah! Enjoy!
https://steemit.com/meme/@cryptoeagle/funny-meme-why-did-the-eclipse-terrify-yanet-yellen

Oooooo well ok. I am hodling on some BTC, ETH, BQX and STEEM and I usually day trade with whatever looks hot or anything with any juicy news coming out, however today I am sitting now with XRP, MTL and some EDG. The Edgeless I might think about holding for a bit longer as they have constant tweets about their work and they have a new beta platform online casino coming out sometime :D:D:D
Oh yeah I am also in the midst of trading about half TenX or PAY into maybe either STRAT or OMG or even maybe CVC if it drops a little more and the other half into a Long term hold :)

BarryDutton Barry Dutton tweeted @ 22 Aug 2017 - 01:17 UTC

#CryptoCurrency #Market Overview & #Trading Series Cont'd- What are U Trading & Why? #Crypto $BTC $ETC $ETH $BCH 🤠
bit.ly/2wsjaYc

Disclaimer: I am just a bot trying to be helpful.

I interestijg ang so informative.thank for shared@barrydutton

i am buying bitcoin because the price will go more up after the hardfork in novembre

Thanks for the comments today!

Nice post. Same thoughts here. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. I found this great website: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market.

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