Triple Top formation in US stock market; Bitcoin surges to 8000 USD
A clear triple-top formation is completing on the long term US stock charts, including the Dow:
After each previous top there was a retracement. The current retracement may have just begun, and could take the Dow back to 20k.
That said, if the banksters want, they could push things back up, and the current resistance level will be that of support, for the blastoff to infinity.
Be ready for anything at this point.
Bitcoin is soaring today. Steem has fallen to #63 on the cryptocap list. Let's hope it decides to join the party soon!
It has never been as good to convert other cryptos into Steem as it is right now.
DRutter
Ooops, hope Steem wasn't a mistake! :(
Yeah, I converted my BTC (about 5k USD worth) to Steem, over a year ago.
Back then, it was also seen as a great time to do so. Invest in the blockchain! Put your money where your mouth is! Power up and prosper, and so on. But I'm down over 90% - if I had just stayed in Bitcoin, I'd have 10 times as much now.
So by "it has never been as good to convert other cryptos into Steem as it is right now", I'm not necessarily suggesting anyone do it. We could all lose another 90% from this point.
Let's hope that we don't lose another 90%.
Have you seen the new weedcash site. Check out the post from @aggroed that I resteemed yesterday. Could be a good spot for your content to pick up some more viewers/rewards.
Posted using Partiko Android
Hard to believe, but it happened again! Let's hope that's the end of the 90% drops.