Crypto market 1 year ago - 2017 December 3rd
Market cap : $337.5B ($130.5B now)
Bitcoin : $11223 ($3967 now)
Ethereum : $470 ($113 now)
Steem : $1.23 ($0.33 now)
BITCONNECT!!!! : $325.52 ($0.0 now)
BTC Dominance: 55.6% -> 53.5% now (up from 32% in 2018 January!)
The current Mayer Multiple is 0.6 with a BTC price of $3967 and a 200 day moving average of $6569. The Mayer Multiple has historically been higher 95.21% of the time with an average of 1.51.
If you follow this Diversification Protocol, selling starts from Mayer multiple of 1.6.
Data from mayermultiple.com
"Bitcoin will continue to do what Bitcoin does. Nobody controls it. We are all learning what it does. Adapt to it as it evolves. It will not adapt to you." Quote from Eric Lombrozo.
Screenshot of coinmarketcap.com
Green: the low is usually in the green zone 17-12 months before halving.
Blue: price starts moving up 12-0 months before halving.
Red/Orange 0-12 months after halving
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upVoted & dclicked...:))
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Thanks DC!
Dclicked and upvoted. It is interesting how bitconnect was going in 2017 and now at zero. Do you think that Steem will ever be in the levels of 2016 again?
I doubt it. It's still too technical for average users and 70% of the dev team just been fired....
I hope i am wrong ;)
Clicked done
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Many thanks!
upVoted & dclicked.
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