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RE: Crypto Is Dead Again?

in #cryptocurrency6 years ago (edited)

For whatever reason your Dtube was unplayable, but that’s fine, I found you on You Tube. Market has been getting smashed. That’s how bear market looks like. It feels like it never ends. We just dropped 50 bil. like nothing. I think reversed H&S is still in play. However, if we go lower, it may not anymore. 240 billion market cap is decision maker. That’s the way it is, majority follows bitcoin. Bitcoin is breaking at this time and everything follows. People are starting to panic. Exchanges must be frustrated as well by lack of volume. They are making much less than with high volatility and high volume. I’m watching bitcoin very closely and even I don’t want to admit it, I see bear flag formation is breaking as of now. Perhaps, that’s what we need to trigger the panic selling. This lack of volume is just ridiculously diminishing to the point of nothingness. But that’s what usually happens, from boring to sudden moves with volume waking up all of sudden. This is a great opportunity for non institutional investors to get on board. There won’t be another chance. Honestly, I really thought US was one of the most expensive when it comes to bitcoin mining. S. Korea I would bet, they are the least expensive until I saw your graph.