What Are YOU Trading Today, & WHY? | E.46 | A Community Based Engagement Resource for Everyone! Aug. 26th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support climbs again: $155B = + $13B / 5 days.

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 ~70 days!

The last 25 days have been good times essentially since the August 1st Bitcoin Hardfork Day, when everything just picked up!

  • We have gone back over the $100B market cap just in the last 25 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: $155B MARKET CAP

That's up $13B in 5 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 and then some the last 25 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 25 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up for the most part.... though as those charts show.


~35 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.

~30 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...

~23 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 25 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 $155B

That's ~$55B gained since August 1st (25 days ago)


My last update on this:

https://steemit.com/bitcoin/@barrydutton/what-are-you-trading-today-and-why-or-e-45-or-a-community-based-engagement-resource-for-everyone-aug-21st-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 95 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, 25 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/meme-of-the-day-our-view-right-now-we-are-all-early-adopters-here-remember-this-and-be-encouraged-today-friends

https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-weekend-17-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-12-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the

https://steemit.com/life/@barrydutton/bc-wildfires-update-a-good-story-pizzeria-provides-free-pizza-to-b-c-wildfire-evacuees-in-province-s-worst-fire-season-on-record

https://steemit.com/bitcoin/@barrydutton/crypto-101-or-video-andreas-antonopoulous-bitcoin-q-and-a-the-internet-will-eat-your-business-5-mins-super-practical-resource

https://steemit.com/funny/@barrydutton/how-many-things-can-go-wrong-on-a-real-estate-listing-lol-check-this-out-from-my-town

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

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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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BarryDutton Barry Dutton tweeted @ 26 Aug 2017 - 17:42 UTC

#CryptoCurrency #Market Overview & #Trading Series Cont'd- What are U Trading & Why? #Crypto $BTC $ETC $ETH $BCH...

steemit.com/bitcoin/@barry… / https://t.co/bZg9Oio9i5

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

Very interisting, thanks for you sharing.
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