Steem: Massive Buying Opportunity or End of The World?

in #steem6 years ago (edited)

Crypto holders this morning woke up to a Bitcoin plunge below $8000, so in turn we are seeing altcoins following suit.

Steem yesterday saw some good buying volume, but buyers probably wish they'd waited 24 hours.

The drop in price for Steem is clearly Bitcoin's doing this time, causing what may be a false breakout for Steem that may otherwise not have occurred.

download.png

As always, this is not financial advice. I am just one guy sharing my opinion (for what it's worth). Trade and/or invest at your own risk, and always assume that the worst outcome is the most likely outcome for the majority of investors.


Thanks for reading. Shares and comments are always welcome.

Sort:  

Lets BTMFD!

If my damn client would pay me, I would be buying in now for sure.

Last few days Bitcoin price grow up very fast. Now the price is down instantly.

Coin Marketplace

STEEM 0.25
TRX 0.11
JST 0.032
BTC 61986.23
ETH 3026.15
USDT 1.00
SBD 3.75