You are viewing a single comment's thread from:

RE: Steem price continues its descent. Have we seen capitulation yet?

in #beyondbitcoin8 years ago

Appreciate your comment and upvote. i guess you mean it will continue until there are no more sellers rather than buyers. when capitulation happens and it finally bounces back , there may be regrets by previous sellers or those siting on the sidelines - they will then attempt to re-enter at higher levels. that's usually why the rebound after capitulation will most often than not, be quite extreme