🌘 Blood Moon In Crypto- Is The Market Oversold? | SBD Drops Below $1 | More Crypto News +Thoughts
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I want crypto more cheaper :)
More drop in the Crypto markets Omar.
We will see $5200 BTC soon, a rally then down to $2925 BTC
Funny I was thinking the same things about SBD and the market being oversold. I remember your thinking on this, as you've covered it in other videos, and remembered what a clever, yet simple, metric to go by. Most alt's have reached early 2017 support levels or close to it!
Hi @crypt0! do you know any good Discord server related to BTC/crypto trading?
As @dana-Edwards has suggested, could be market manipulation of people shorting on margin. That could make sense, especially in consideration of how you said there was only 30mil worth of ETH moving, versus it’s massive price drop...
So much blood but am trapped already, can really go any where any longer, see an article I wrote to console every trapped investor here.
We should be getting close but the sign will be a huge capitulation selling with heavy volume where even long term holders will doubt the reasons to be invested in the space. It will probably be followed by a rebound and long sideways action until fundamentals and adoption catch up to valuations.
Expect markets to over correct over the short term until a bottom is found. However, blood can continue to a prolonged period of time.
SBD Supply only 15M + already market cap drooped 85%. Less chance go down farther. Expecting 40% gain within few days.
Crypto is not going away. We will be laughing about this in time. :)