So, I'm not much of a crypto trading guy, but at this junction, who doesn't? What would you do with your current #steem left in your wallet? How confident are you when talking about the possible governance of the new guy. I have absolutely nothing against the new "government", but the way he does things, absolutely left me jaw dropping.

Remember the sinking ship? The punctured of the hull does not kill, but the sea water that quickly filling the deck that does. In this case when talking about financial trading situation, punching a hole does not mean water flowing out, instead it's AIR that is going out from every hole, returning the actual value of the crypto very quickly. Originally, crypto has no value. It accumulated value over the years by containing air in the hull that keeps the ship afloat.

Let's put all those crap behind for now, let's study a little bit of how possible BTC may rebounce. Earlier @coininstant were talking about possible bounce and BTC seems stabled at around 5k region, which is a good thing in view of many would like to see the stability of coins at this junction. However, I see a different thing when combine both RSI and MACD in the price chart. Looking at RSI super sold earlier, it's less likely going to rebounce above 50% anytime soon. It's like law of attraction, the panic button has been striked. The ship has a punctured and water flowing in fast. When the ship is now filling up water fast, what does people do?

Roy Miller: No one follows us or I kill myself and then her.
Tom cruise in Knight and Day.

Unfortunately, it's not a movie. Usually people reaction is save themselves. For crypto hodler like you and me, it's hard for us to understand why people keep on jumping off the ship, and they don't even fill up the rescue raft before they release it. It's just sad that this crap happen. So, there's a chance that BTC might just sink together with Titanic, and will you or me be the last one standing like the musician? Thanks to @futuremind in reminding me of the scenario.

However

There' s chance that some fresh money will come in, tow our sinking ship to a safe shore line, rebalance the hull, pump the water out and we will be good to go again. Moon? When you think of USS Enterprise, for now it's only an aircraft carrier of the US Navy. It will be another story when it's a space shuttle Enterprise, still that doesn't take us to the moon because it was only a test object, and never really fitted with equipment that allowed it fit for spaceflight.

Let's look forward and start dreaming, things is going to changed when we finally have a USS Enterprise from the United Federation of Planets.

Space: the final frontier. These are the voyages of the starship Enterprise. Its continuing mission: to explore strange new worlds. To seek out new life and new civilizations. To boldly go where no one has gone before!

Moon seem s a little too near in this case. Stay safe. Trade crypto.

Posted via Steemleo