Crypto market 1 year ago - 2018 January 9th

in #bitcoin5 years ago

Market cap : $753B ($137.5B now)
Bitcoin : $15435 ($4063 now)
Ethereum : $1155 ($152 now)
Steem : $6.03 ($0.31 now)
BITCONNECT!!!! : $368 ($0.0 now)

BTC Dominance: 34.5% -> 51.6% now (up from 32% in 2018 January!)

The current Mayer Multiple is 0.69 with a BTC price of $4063 and a 200 day moving average of $5908. The Mayer Multiple has historically been higher 90.51% of the time with an average of 1.5.

If you follow this Diversification Protocol, selling starts from Mayer multiple of 1.6.
Data from mayermultiple.com

"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

coinmarketcapcom2018-01-09.png


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Do we ever see these prices again...?

The crypto market has seen a very huge downturn. But hopefully 2019 will bring back some good times

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