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RE: There's Something VERY Strange Happening With STEEM and SBD In The South Korean Exchange Upbit!

in #steem6 years ago

I'd be very careful if you're planning on buying/selling in the next day or two. The reason you can't find a reason for this South Korean move in Steem/SBD is because there likely isn't a reason other than swing traders looking to make some money. South Korea has moved crypto prices many times in the past in nothing more than a pump & dump swing trade. If that's what it is it'll reverse itself by the end of the weekend.

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@moneyinfant

South Korea has moved crypto prices many times in the past in nothing more than a pump & dump swing trade.

Thanks for this keen observation. Not to be pessimistic; but, from the looks of the charts, this might be another swing.

Peace.

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