Bitcoin in Canada $5260 mark! (High) | $4135 USD! (High) | Recovery Mode | $148.6B Crypto Market Cap! New ATH's! | Perspective and Optimism in this Post as always. | 8-22-2017 | Charts, Overview.

in #bitcoin7 years ago (edited)

US Price: Low - $ 3591 USD

US Price: High -$ 4135 USD


Canadian Price: Low - $5127 CAD

Canadian Price: High - $5260 CAD


You cannot regulate Liberty!

9:35 pm EST


1st Half of Post: Current Day Charts/Stats etc.

2nd Half of Post: Recent History Leading Us to Today.


TODAY IN CANADA:

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BitcoinWisdom.com chart / Quadriga CX Exchange shot. -- Current Day.

BITCOIN $USD CHARTS:


BITCOIN HOVERING AROUND THE $4400 $USD MARK!

The Milestones continue to be challenged.

24 hour HIGH -- $4135!


Here's the $USD current charts below, on the BITTREX exchange. Gains bro! New ATH's clearly noted in recent history here. -

Broke the $4400 mark for the first time ever just a few days ago on the 14th later at ~9:40 pm EST .... and change for that now former - new ATH!!

In the last few hours it is still hanging around the $4100 mark right now. We had a run up / recovery gain today in the 2 pm EST range.

I am watching the chart candles and it may go even higher tonite, for more HUGE gains. We did have a big dip in the last 24 hours. But we are used to it right??

-- We will be OK people.



~1 Week Bittrex Exchange Chart: $USD


Look at this last 2.5 days!!!!

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$148.6B CryptoCurrency Market Cap today : 8/22/2017

= Every Day - Big Things are Happening.

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Top 20 Coins - Related: Sorted by Market Cap: (CoinMarketCap.com)

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Recent History Leading Us to Today:


Bitcoin like many Crypto's recover and bounce back now the last few months, quicker than ever -- as we see again this past few days. These pull backs and dips and corrections are NOT crashes I say all the time.

A correction was due, many people felt who have been in Crypto for awhile, and that is what we have muddled thru the last 50 days for the most part.

-- Perspective.



What Started This Rally?


THE AUG. 4th to 5th rally started all this ..... PARABOLIC CLIMB!

#Bitcoin in #Canada $4300 high $CAD today - 8-4 +5th - 2017 #BarryDutton @BarryDutton #Crypto #Liberty #CryptoCurrency #BitcoinETF #Finance.jpg

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Recently I had reported on this --- here's the overview of what I said during this period:

I was on a Livestream this epic night with Benny of BTC Sessions on his YT channel I had promoted to help him -- when this epic climb had happened during the broadcast -- and all viewers and hosts/guests just kept checking their screen and could not believe what was happening as the BTC price across the board went STRAIGHT up and kept climbing:

I have actually included this livestream link so you can see the reactions of the people on the show, during the last half --- and I have clipped this here at the 48:15 mark where he mentions me and Steemit --- I had been giving him some help online:


I am still the only person here posting regular Canadian $BTC updates. I try to keep people apprised. I know Canada doesn't attract a lot of votes or attention etc -- but it remains a global market and a canary in the mineshaft so to speak as to what's going on in the global currency markets.

The last times we were around a milestone high mark, as you see was about 2 months ago, when I made this post about BTC flirting with the $4k $CAD mark:

https://steemit.com/bitcoin/@barrydutton/bitcoin-flirts-with-usd4000-usdcad-usd3k-usd-mark-all-week-or-btc-usd-usd2850-high-keep-calm-and-hodl-bitcoin

My charts / stats are then included below also for the $5555 $CAD Moonshot last week- and some recent milestones:


We have had another fun ride in the markets, we see these ups and downs and nutty things as the price is trying to find itself day to day, and that likely has a lot to do with all the NEW PEOPLE AND MONEY coming into the space and like people trying to find their way, so the price is doing the same.

I've said this before many times, -- dips / corrections are not crashes - remain calm but do your research.

Use your charts, not The Force.


The recent Bitcoin Cash / fork split on the now infamous Aug. 1st of last week caused the Crypto Market Cap to finally get back over the $100B mark for the first time in WEEKS --- and we are hoping we are over the correction hump for some sustained green and growth.

We have had a parabolic growth the last ~2 weeks! - the Crypto Market Cap climbed QUICKLY - all the way back to the previous $116B market cap ATH --- and kept going.

And then some!

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It blew past the $120B mark for the first time ever (August 7th, 2017 - around 9 pm EST) -- and that climb for the last 13 days means we have gained as much recently as +$25B to the Market Cap on top give or take depending on what day you are now looking being around the $140-145B range the last week.

--

Perspective. Remain Balanced.



More Perspective:

The Recent History & All Time Highs as Covered Previously:

My past posts / quotes / charts etc. in our last Moonshot phases and ATH's ago:


BTC Price Milestone Dates:


BTC just crossed the $3000 mark $CAD on May 22nd, 2017- for the first time ever.... see below for the days just gone by where it crossed the $2000 mark on May 2nd and the dramatic rise past those days:

$2k on May 2nd.

$3k on May 22nd just 20 days later...around 8 am EST.

$4k on August 5th. Roughly 73 days ( the crash and recovery period + 4 days after the BTC Forkening / Bitcoin Cash split)

$5k on August 11th - 6 days later in the dramatic Moonshot/Parabolic phase continuing!

$5700 August 14th.

$5260 August 22nd (Pullback / Correction)


RECENT MOONSHOT!

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That is amazing. Let us remain cautious.

Huge gains like this anywhere in life usually mean a correction/pullback or crash may be not far off. Be prepared but have fun and enjoy the ride we are on too. We have just talked about this once again.

Balance. Perspective.

We have had huge gains the last few months and are in good - great actually -- shape!


I have included the posts in May in this template for awhile now to remind or show new readers the perspective we need to remember. A REFERENCE POINT if you will!

BTC price has skyrocketed in a very short period of time, so when it does not go up $100/day every day, we need to remember where we came from not long ago!


I wrote this article using charts and 5 years of history to really nail the perspective issue here of gains and losses showing the last 5 Junes on record, in the Crypto market, it is a very good, short read with charts year over year.

https://steemit.com/bitcoin/@barrydutton/crypto-market-update-market-cap-smashes-past-the-usd90b-mark-that-s-b-as-in-billion-historical-overview-w-charts-of-the-last-4


It's almost ridiculous now watching this stuff shoot straight. to. the. moooon. Every day, all day!

Trend: Generally, the spread between the lows and the highs seems to be narrowing which means the highs stay high but the LOWS are also higher, so the resistance lines and larger price corrections are leaving, presumably stabilizing the currency and supporting the price and increases.

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Here is the chart showing it crossing the $3k $CAD mark finally, on 5/22/2017 somewhere around the 8 am mark EST:


I often insert Canadian culture satire in my titles or blogs just to give people a laugh. Such statements are meant for humour only and may not actually be true. Canadians have great igloos and senses of humour. Eh??

Courtesy Pixabay where images are Freeeeeeeee to use!!!

If you missed the record breaking days leading up to and after May 2nd, where it finally broke the $2k mark, here are the charts/info from my post on the day that BTC/XBT broke the $2k barrier here in the police state of Canadastan when I had reported:


I posted on this yesterday it has been kind of funny. $BTC / $XBT in Canadastan here has spent most of the last 2.5 days edging and creeping towards $2000 $CAD as we know. $1980...... $1990.....$1995 last nite.....

*It spent allll day and nite yesterday around ~$1999.50 basically before breaking that $2k barrier around ~ 11:15 pm last night. !!!


BUCKLE UP CRYPTO FAMILY!!!!


Did we just see the last day of BTC / XBT in Canada at $CAD starting with a 1 ??? (May 2nd, 2017)



Bitcoin just marches on. Vive Liberty!!

It seems to have found support & consolidated around this mark for a few days now, that is good news!



Thanks for reading, have a nice day.








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https://steemit.com/life/@barrydutton/daily-digital-detox-a-steemit-community-life-series-and-reminder-or-e-34-or-intentionally-regularly-unplugging-my-quick

https://steemit.com/bitcoin/@barrydutton/video-blockchain-tv-interview-with-tone-vays-former-wall-st-trader-at-recent-bitcoin-ethereum-summit-5-mins-or-overview-contact

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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

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BarryDutton Barry Dutton tweeted @ 23 Aug 2017 - 01:53 UTC

#Bitcoin! $BTC in #Canada SMASHES $5260 $CAD $4135 $USD New #XBT $XBT #Blockchain #Liberty #Steemit #CryptoCurrency

steemit.com/bitcoin/@barry… / https://t.co/WLGHwumP2m

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

Great post Barry, my technical analysis of Bitcoin rise is >> BOOM BOOM BOOM BOOM BOOM TO THE MOON! haha

upward trend with crappy fiat

Update on this series going up now, the CMC crossed the $150B overnite for a new ATH and kept going!!

If you know anything about "Support" & "Resistance" , the highs become the new lows with the potential of lows becoming the new high.. history always repeats it self on charts/graphs #invest #bitcoin #cryptocurrency

thanks Barry the Canadian pricing is very similiar to our situation in Australia - i think it is likely to keep growing and is still a buy opportunity

Nice post..

Great post your post I hope you will be looking forward to the post that will give you our beautiful post in the future.

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Boom time again? I guess if the bulls take charge it will hit $5500 (USD)

I really enjoyed your post, thank you for sharing with us. Enjoy the vote!

Update on this series going up now, the CMC crossed the $150B overnite for a new ATH and kept going!!