Markets Rebounding After Christmas: Bitcoin At $16,800, Total Market Cap Over $600 Billion Again by dragosroua

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· @dragosroua ·
$20.97
Markets Rebounding After Christmas: Bitcoin At $16,800, Total Market Cap Over $600 Billion Again
At the moment of writing, Bitcoin was trading, on average, at $16,873, with strong upwards tendencies in Asia: over $20k in South Korea and over $17k in Japan.
***
![Screen Shot 2017-12-27 at 8.24.06 AM.png](https://steemitimages.com/DQmbb5WEHSJwEL9ykqXyConRAWyjgTK2wRpoyn9gSfAhrAG/Screen%20Shot%202017-12-27%20at%208.24.06%20AM.png)
***
Total market cap surpasses $600 billion again, with $620 billion at the moment of writing, and a Bitcoin dominance still under 50% (at 45.6%, but rising):
***
![Screen Shot 2017-12-27 at 8.24.00 AM.png](https://steemitimages.com/DQmQ5iHNxEzNKZsS84BoPa1QU5xyNmQmZ9GKpHNsWv2Aung/Screen%20Shot%202017-12-27%20at%208.24.00%20AM.png)
***
Steem was slightly down at $3.27.

Still early to draw any conclusions, but you can at least identify an overall positive sentiment. Taking into account the days before and after New Years Eve, we may expect a bit more bumpiness in the next 7-10 days.
***
_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
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***
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***
_If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform)_:
* [Rewards: Were Does The Money Come From?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-rewards-were-does-the-money-come-from)
* [Netiquette: How To Avoid Being A Steem Douche?](https://steemit.com/steem/@dragosroua/steemit-newbie-faq-netiquette-how-to-avoid-being-a-steem-douche)
* [Witnesses: What Are They And Why Should You Care?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-witnesses-what-are-they-and-why-should-you-care)
* [How Can I Mine Steem And What CPU / GPU Power Do I Need For That?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-how-can-i-mine-steem-and-what-cpu-gpu-power-do-i-need-for-that)
* [The Beginner Guide To Not Getting Hacked On Steemit](https://steemit.com/steemit/@dragosroua/the-beginner-guide-to-not-getting-hacked-on-steemit)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 30 others
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@radiasi ·
Good post info you. Upvotes yes fren
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@jitsaha ·
Thanks for your information.
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@kamchore ·
So bitcoin is again on track. Good info @dragosroua
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@nurislam ·
Really very good post. it's also very helpful post i think..... we know many things about bitcoin with this post....
Thanks for sharing with us....
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@calatorulmiop ·
$0.16
At least there is more interest in alts it seems
👍  ,
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@dragosroua ·
yeap, 2018 may be the year of alts, methinks...
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@gokulnk ·
$0.33
While this is true in the short term I feel Bitcoin is like the Google of web era. There can be n number of companies with a niche. But the moment Google implements half of those features, it can make the company bankrupt. Same is the case with Bitcoin. Bitcoin is mooning inspite of all these issues. So you can imagine what would happen when Bitcoin solves its issues. I am suggesting all my friends to invest in [Bitcoin at-least as an insurance against the failing FIATS. ](https://steemit.com/bitcoin/@gokulnk/bitcoin-as-insurance)
👍  
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@jawad09 ·
$0.04
Hey @dragosroua, hope you will fine and doing good during holidays. New year is on the head and I must say that bitcoin will do one more dip between 31st December to 2nd January. But after that dip it could fly upto 25k.
Very nice update regarding Bitcoin. Please keep updating and stay blessed!
👍  
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@rizalmahrez ·
what do you think about the recent declining bitcoin price.
and how your prediction of bitcoin in 2018
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@ionutciobanu ·
yep btc always come back and for sure go more 20k$ in next few days
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@santigs ·
$0.18
I see more and more new investors joining the game as bitcoin price increases. Also, this time, the Coinbase/BCH fiasco added a nice amount of FUD to the downtrend. I foresee Bitcoin moving upwards faster this new year but bigger and faster dips.
👍  ,
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vote details (2)
@dragosroua ·
> but bigger and faster dips.

Interestingly, these bigger and faster dis; should filter eventually casual speculators, or so methinks...
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@nachon ·
thats good!!
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@fproductions ·
$0.60
Next step of the rally will start in 2018 once all the big investors are back from holidays.
👍  
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vote details (1)
@blazing ·
$0.18
wow this market is amazing not for faint hearted ones :)
👍  
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@brothermic ·
$6.57
I do hope we might see a next UP before the end of the year, that would make this complete :)
👍  
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