Bitcoin FINALLY SMASHES THRU $4000 $CAD / ~$3k USD mark all week!! | BTC/USD = $2977 (high) - Keep calm and HODL Bitcoin.

in bitcoin •  7 years ago  (edited)


Low: $3880 CAD

High: $4070 CAD

You cannot regulate Liberty!

12:55 pm EST


The charts show that after an entire week almost of failing to break the $4k resistance and flirting with it all week around $3950 and literally hovering at $3999 for what seemed like days... finally the $4k mark was breached before midnight last nite, EST as the charts show roughly 11:10 pm EST - so that means it was still June 10th, 2017 in the EST --- but the UTC time many use for a standard -- is ahead of us a few hours.


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KEY STATS FOR BITCOIN VALUE DOUBLING IN 39 DAYS IN CANADA:

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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 -- just 20+ days ago.

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$2k $CAD on May 2nd. $3k $CAD on May 22nd just 20 days later... and now hitting $4k $CAD on June 10th late at night....which is 19 days from the $3k mark. That means in 39 days, it went from $2k to $4k $CAD!! Doubled!


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.

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.

Said this before many times, -- dips / corrections are not crashes - remain calm but do your research. Use your charts.


Here's the $USD 1 month chart below, on the Poloniex exchange. Gains bro! New ATH range again days ago at $2980 $USD.

Broke the $2k mark for the first time ever just recently. In the last few hours it is still hanging around the $2950 mark right - and is now.

The high for today is in the $2980 range USD

We will be OK people.

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KEY STATS FOR BITCOIN VALUE DOUBLING IN 39 DAYS IN CANADA: (Yes, it is worth repeating)

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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 -- just 20+ days ago.

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$2k $CAD on May 2nd. $3k $CAD on May 22nd just 20 days later... and now hitting $4k $CAD on June 10th late at night....which is 19 days from the $3k mark. That means in 39 days, it went from $2k to $4k $CAD!! Doubled!

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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.

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!

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I recently 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 on 5/22/2017 somewhere around the 8 am mark EST:

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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, 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:


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. !!!


Bitcoin in Canada - Hits 2000 CAD - May 2 11-15 pm - 2017 -.jpg


BUCKLE UP CRYPTO FAMILY!!!!



Did we just see the last day of BTC / XBT in Canada at $CAD starting with a 1?????


Bitcoin in Canada - Last Day sub 2000 CAD - May 2 - 2017 - Chart + Lines.jpg


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!


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.





Thanks for reading, have a nice day.




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https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-weekend-5-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/bitcoin/@barrydutton/video-just-released-andreas-antonopoulous-bitcoin-and-blockchain-in-norway-or-crypto-101-46-mins-super-practical-resource-here

https://steemit.com/life/@barrydutton/bilderberg-updates-for-day-2-gathered-in-one-place-for-you-globalist-elite-bilderberg-group-yearly-meeting-this-year-again-in

https://steemit.com/cryptocurrency/@barrydutton/breaking-the-biggest-canadian-coin-exchange-quadrigacx-loses-67-000-usdeth-due-to-coding-error-funds-locked-in-an-executable


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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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That is amazing. I still remember everybody calling me out last year when I purchased a bitcoin for a worth of $400 for a single bitcoin. guess who's laughing now. Well they are I guess I only still have .4 of a bitcoin

You need better friends LOL.

Kidding, I know what you mean! Good you are here and doing the Crypto!

The most lovely thing of all is that our little community is growing in strength and sustainability ♡
SBD steem dipped a bit but we are slowly climbing up the ladder.
Cheers for the great post.

Thanks so much!

Followed

Thank you friend ♡ Although i can't make a difference in the upvotes i will follow you too to read your topics and maybe someday I can be of a help.
Much love

Aw, that is a nice post by you, thanks for that sincere message!

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I am dropping by the #SteemitCampfire to feed you and the others one of these!!

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History is being made daily!!!! All over the place

As reported this weekend, Fascistbook is still blocking me from sharing links, I guess they have ID'd me as a fan of Liberty after years of posting about stuff like this LOL------

I am all in on crypto right now, so this rise couldn't have come at a better time for me. The charts you have posted are bullish indeed. I will be diversifying my holdings. The canadian dollar isn't looking good either, so it's important for us canadians to invest in crypto. Thanks for posting :)

Followed! FB is still blocking my posts, see comments here.

No problem...

I am dropping by the #SteemitCampfire to feed you and the others one of these!!

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Great post @barrydutton! Watching Poloniex right now to see if/when we go over $3k USD!. Keeping an eye on ETH and DASH today, as well.

So much mooning!

your post is give me a information of very good

Good to hear from you again man! Nice to know friend!

Nice! UP UP and AWAY!

So much mooning! lol

FB blocked me again today from posting things, they have really stepped up their game on me since other blatent privacy related things like this posting things they do not like about truth! Hope you enjoyed my false flag post today too, good documents in that post

Wow, over $4000 cad. 🔥🔥

Even with its problems, BTC continues to climb. That says a lot of things!!

Mooooon!

So much mooning.

Go, Canada!

The 95 cents in Bitcoin I had last week is now worth $1.02, without me doing anything with it. (Lol! The 95 cents was what was left after I used Bitcoin to buy some other alt coins.)

God bless ya sister LOL!!!

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Have a nice week Steph.

a bubble they say... i still think it has a ways to go yet!

Jays take 2/3 in Seattle and BTC breaks $4k.

Decent weekend lol