Crypto market 1 year ago - 2017 November 2nd

in bitcoin •  6 years ago 

Market cap : $185B ($206B now)
Bitcoin : $6613 ($6373now - the best)
Ethereum : $299 ($199 now)
Steem : $0.91 ($0.8 now)

BTC Dominance: 59.5% -> 53.8% now (up from 32% in 2018 January!)

Nov 02, 2018: The current Mayer Multiple is 0.89 with a $BTC price of $6373 and a 200 day moving average of $7142. The Mayer Multiple has historically been higher 77.02% of the time with an average of 1.52. I will start selling from a multiple of 1.6.

Data from mayermultiple.com

If last year this time BTC was at $6613 and went to $20k, it can do it this year too from current $6373. This year Bears have only reversed the final two months of 2017. The best time to accumulate BTC is when the majority is broke and bored. I think we are around that.
"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
coinmarketcapcom2017-11-02.png


Sponsored ( Powered by dclick )
ULOG: Ulog-communities Demo

TestingThis post was made from

logo

This posting was written via
dclick the Ads platform based on Steem Blockchain.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

dclick click~

Thanks!

I've clicked in your ad link.
i hope you'll do the same.

My direct ad link

Thanks, did the same.

This is fabulous and nice

Nice chart.
Very helpful.

Posted using Partiko Android