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RE: STEEM/BTC Fundamental Analysis #1: Why is the price tanking?

in #money8 years ago

Steem cannot be destroyed, only transferred. I suppose the question you want to ask is, what happens when sellers get exhausted (there are no more people willing to sell)? Thats when TA kicks in, we are looking for a trend reversal in that case.

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So the trend reversal in this case would drive up the price correct?

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