IS THE BEARS COMING AGAIN

in #cryptocurrency • 6 years ago

Cryptocurrencies last week was bearish were bitcoin dropped to as low as 7500 USD and etherium dropped below 450USD but recovery was in sight with the bulls coming in 3days ago where bitcoin saw an increase to above $9100 and etherium rose to $550 with a concomitant increase of all other currencies including steem

With the hope in sight short lived today as bitcoin dropped below $8700 and etherium dropped below $540
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With speculation of further decrease and news of US MARSHALS office auction out $18.4 million in bitcoin which will cause an increase in supply and probable decrease in demand causing further drop in prices

#crypto #bitcoin #steem #steemit
6 years ago in #cryptocurrency by
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     6 years ago 

    50/50 I think. In any case, we have to be ready for both scenarios.

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     6 years ago 

    Yeah thats true thanks

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