Evolved08gsr's Crypto Overview October 2, 2017 (11:20 AM EST) - BTC over $4405 - ETH over $298 - LTC over $53

evolved08gsr (57)in #cryptocurrency • 7 years ago

Overview

Good Morning, fellow Crypto Enthusiasts!

So, no really big news (or price movements) out of China since the closing of the Chinese BTCC exchange. I'm still keeping an eye out over the next month to determine if I want to sell off any positions, or buy-in during any potential drops.

At the moment, my thoughts are HODL, but this is a short-term idea and I will be monitoring the markets and news very closely.

October 2, 2017, Around 11:20 AM EST

Bitcoin (BTC) is at $4,407.00, $125.73 Higher than at the same time yesterday, or Up 2.94%
Ethereum (ETH) is at $298.96, $0.70 Higher than at the same time yesterday, or Up 0.23%
Litecoin (LTC) is at $53.95, $0.18 Higher than at the same time yesterday, or Up 0.33%

September 29, 2017, Around 10:20 AM EST

Bitcoin (BTC) is at $4,179.46, $2.84 Lower than at the same time yesterday, or Down 0.07%
Ethereum (ETH) is at $292.03, $10.18 Lower than at the same time yesterday, or Down 3.37%
Litecoin (LTC) is at $53.61, $1.69 Lower than at the same time yesterday, or Down 3.06%

September 28, 2017, Around 9:35 AM EST

Bitcoin (BTC) is at $4,200.00, $120.28 Higher than at the same time yesterday, or Up 2.95%
Ethereum (ETH) is at $302.85, $6.70 Higher than at the same time yesterday, or Up 2.26%
Litecoin (LTC) is at $55.84, $1.41 Higher than at the same time yesterday, or Up 2.59%

September 27, 2017, Around 2:50 PM EST

Bitcoin (BTC) is at $4,173.99, $259.76 Higher than at the same time yesterday, or Up 6.64%
Ethereum (ETH) is at $303.83, $13.83 Higher than at the same time yesterday, or Up 4.77%
Litecoin (LTC) is at $55.65, $2.61 Higher than at the same time yesterday, or Up 4.92%

Evolved08gsr's Analysis

Let's review each coin's performance between ~9:35 AM EST Thursday and ~10:20 AM EST Friday:

Bitcoin (BTC): Starting at $4,200.00 and currently sitting at $4,179.46, there has been a Net Decrease in Value of $20.54, or 0.49% since yesterday.
Ethereum (ETH): Starting at $302.85 and currently sitting at $292.03, there has been a Net Decrease in Value of $10.82, or 3.57% since yesterday.
Litecoin (LTC): Starting at $55.84 and currently sitting at $53.61, there has been a Net Decrease in Value of $2.23, or 3.99% since yesterday.

Let's review each coin's performance since ~10:20 AM EST Friday:

Bitcoin (BTC): Starting at $4,179.46 and currently sitting at $4,407.00, there has been a Net Increase in Value of $227.54, or 5.44% since Friday.
Ethereum (ETH): Starting at $292.03 and currently sitting at $298.96, there has been a Net Increase in Value of $6.93, or 2.37% since Friday.
Litecoin (LTC): Starting at $53.61 and currently sitting at $53.95, there has been a Net Increase in Value of $0.34, or 0.63% since Friday.

Evolved08gsr's Trends

The following graphs show pricing trends, based on the values noted in my previous posts, between September 1, 2017 and October 2, 2017.

IMPORTANT NOTE: My charts don't contain the highest highs or lowest lows of each of these coins, nor are the frequency of the data points consistent, so please take the trendlines with a grain of salt. These charts are for informational purposes only, they are not meant to provide investment advice.

So we have passed the ever-scary September 30, 2017 deadline where the BTCC exchange in China is now shut down. The other major China exchanges have until October 31, 2017 to close down. This leaves us with a few weeks of uncertainty. However, in the short-term, I expect BTC to continue to rise.

How far?, you might ask.. Which is a great question. I will need to dig deeper into this conundrum to be more sure. If I had to spitball a number, I would throw out something between $4,650 and $4,725. But there is no data or trending analysis to go along with those numbers. Just a "Gut Feeling".

Bitcoin (Last 24 hours):

Ethereum (Last 24 hours):

Litecoin (Last 24 hours):

Chart Source: Coinbase
All Times Eastern (EST)
All Prices are in US Dollars ($)

Do you all enjoy these posts?
I am Manually Preparing all of this, so any Suggestions and/or Comments are welcomed!

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7 years ago in #cryptocurrency by evolved08gsr (57)

$0.13

3 votes

STEEM 0.19

TRX 0.15

JST 0.029

BTC 63326.84

ETH 2648.69

USDT 1.00

SBD 2.82