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:
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.
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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.
