You are viewing a single comment's thread from:

RE: STEEM Prices Fall Below $0.62 -- Why I Remain Extremely Optimistic!!

in #steem6 years ago

I did not expect to see steem this low again , Have to say I am a bit worried , If I am feeling shaky , Then this blood bath must be getting close to finding support , May just need one violent sell off to shake out , I was not intending on adding to my steem but I guess I will down here .. Thanks for the post

Sort:  

I honestly think we still have a lot more to fall...that's solely based on BTC not being near the lower support target IMO. If we see BTC hit $5k, that means everything else is likely coming down too even more. We could easily see 50c and lower STEEM. Cryptos are FAR from over and we'll start a new cycle here eventually. Then it'll be the same thing again and it'll spike even harder, especially because the next one will likely be driven more by a global financial crisis of some sort.