Bloodbath Monday...

in #bitcoin7 years ago

We have a huge red day for pretty much all cryptocurrencies today!

With the recent news that China is now banning ALL ICO's, NEO's has dropped over 30% in value. Even those ICO's that are done and finished, will be "penalized", according to the Chinese government. What this means though, is yet to be determined.

If any of you have $ sitting on the sidelines, I would use this chance to pick up some coins during this "sale" period!

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Correction was to be expected, no blood I see, rather consolidation in preparation for the next run.

THIS IS A PLAIN PURE BULLSHIT..A FAKE NEWS, ABOUT BITCOIN & ALTCOINS CRUSH RELATED TO CHINA ICO BAN. THE CRUSH WARNING HAS BEEN HIGHLIGHTED AND BEEN PREDICTED ALMOST 3 WEEKS AGO...IT'S WELL NOTED AND EVEN TO SOME EXTEND THEIR* ANALYSIS ASSESSMENT IT'S ALMOST PERFECT ON THE COMING CRUSH...

"Sheba Jafari, the head of technical strategy at Goldman Sachs, wrote in a note sent to clients on Sunday that because bitcoin was approaching her target of $3,691 (which it has since passed), an extension wave five of this move could take bitcoin all the way up $4,827 before a correction pushes it all the way down to about $2,221"
*A) GOLDMAN SACHS: Here’s when we’ll know bitcoin’s top is in.
Jonathan Garber, Business Insider US August 14, 2017.
http://www.businessinsider.my/bitcoin-price-technical-analysis-goldman-sachs-top-2017-8/?r=US&IR=T
B) Bitcoin (BTC) Update: We are VERY CLOSE to a wave (v) of 5 of III top! What to do? This is what I'm doing...read the blog.
https://steemit.com/bitcoin/@haejin/bitcoin-btc-update-we-are-very-close-to-a-wave-v-of-4-of-iii-top-what-to-do-this-is-what-i-m-doing-read-the-blog
THE FAKE NEWS RANDOMLY EXAGGERATED AND MANIPULATED BY THE MAINSTREAM MEDIA TODAY.

  1. price drops $200 after new ruling from Chinese regulators. CNBC
  2. China’s ICO Ban Brings Bitcoin Back to Earth. The Wall Street Journal

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