Daily market review & Analysis August 12th
NEO/BTC
If the market will stay the same (bearish) in the next 24 hours, NEO is expected to drop again, we may place a sell order just below the triangle. Despite the great potential, it seems that the market is stronger than any kind of tech-theory.
GNT/BTC
If you believe in a project for the long-term, all you need to do is to find entry points during the process.
Golem seems to be a great project but the market is doing bad, it can be the reason for its low price.
Market review- highlights
- FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month Link
- This is how Elon Musk Could Use Crypto to Take Tesla Private. Link
- British Virgin Islands Crypto Market Is Second Largest In The World. Link
- Another US City Imposes a Moratorium on Crypto Mining.Link
- Britain Loses $2.5 Million in Crypto-Related Scams this Summer. link
- Major Crypto Exchanges Moving Into Fiat Trading. Link
- John McAfee and TokenPay CEO Crypto Adoption Debate Interview Recap. link
First of all, I want to thank you for including the links for the your-market highlights section!
for your analysis, it seems if though the projects can be great, operative projects and still if the market is bearish you want be able to take it up.
I myself, love Golem and think that we will see it grow and flourish it the next few years.
We really need mass adoption for it to be stable and strong... until than, HODL!!!
Very nice!
Wow, last couple of days made me lose a lot... ><
HOPE IT CHANGES SOON... Good luck!!
Can you please elaborate on the third point? Isn't it the other way around?
NEO is a great, undervalued project! hope they keep their head above the water.
BTC y u do this?! Go back up! Up!
The next stop is below $6k, HODL lol
I hope you are mistaking, but unfortunately you are probably right.
may the HODL god will save us!
British virgin islands are one of the prime spots for ML, we could see it go up in other hot regions like Luxembourg
do you see alts in general continuing the downward trajectory with bitcoin growing more dominant?
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