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RE: DO NOT PANIC! BITCOIN DROP IS DRIVEN PURELY BY TECHNICAL ANALYSIS

in #bitcoin6 years ago

This is the market direction as it was intended to go.
A lot of flash sell. A lot of smart people buying and piling coins.
A lot of people with no knowledge of cryptocurrencies running in all directions.
What goes up must come down.
Keep on steemin'

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Hey @pouchon, thanks for stopping by.

It does have a very predictable, orchestrated feel to the drop, doesn’t it. Smart money accumulating at the lows after all the dumb money that was late to the party got in at the highs.

Oh I’ll come keep steemin’! Where do you see the low coming in? 😎