Cryptos are crashing hard right now. The total marketcap support of $275Bill have been broken and I think we are heading way down from here! Things will get better little bit later!
What do you think about the recent crash in cryptos?
Cryptos Are Crashing Hard Right Now!
7 years ago in #cryptocurrency by mathworksheets (66)
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the fall was inevitable, the main support level is 6000, then I think there will be a rise
https://walletinvestor.com/magazine/okex-futures-anomalies-resulting-in-user-uproar-a-suicide-attempt-and-finally-a-rollback/
There will be rise for the next fall. The news of future contracts manipulation is just the tip of the iceberg and it’s a license to manipulate the price of Bitcoin near futures expiration’s in an unregulated markets
Thanks for the info and link dear friend @sandwichbill :))
Let's hope for the best dear friend @sergey44:))
Looks like the big A-B-C move is over with a short term double bottom.
You can count short term Wave 1 of a relief rally for now. Don't know how far it will go though.
I have to go by your analysis dear friend @pompe72. It almost playing the same way you suggested in my last post about crypto prices!
I don't like the chart. $7400 didn't hold for a double bottom. This A-B-C is starting to look like a 1-2-3-4-5 and we're in the fifth wave with a lot of 1-2's.
It's a preparations for a jump, @mathworksheets. I tend to agree with this opinion:
https://cointelegraph.com/news/big-investors-will-make-all-hell-break-loose-in-crypto-in-2018-says-abra-ceo
It looks like buy the dip but there is a lot of scare in the markets right now! Very informative article dear friend @lighteye. Big guys may be bringing it down to buy at dirt cheap prices!
Well, they have used many terms from correction to regulation, taxation to centralized exchanges etc. Crypto is extremely volatile now but we ride through the heavy tide soon
Now its 252 billion,just holding no idea what to do.
Now whales are back into the game may crash but could go high too :D
What do I think? I think it’s bloody awful! The futures contracts are manipulating the price of Bitcoin down near expiration, which is killing the altcoins off and the CTFC has had its funding cut, pointing the way to heavy handed regulatory measures. The only thing the banks and big corporations want is to do is appropriate the blockchain technology for themselves and then they will destroy crytocurrencies
Very detailed comment. I couldn't agree with you more on the plans of banks. Steal the blockchain tech for themselves and eliminat crypto so we enter back into servitude.
Thanks for your informative commenting dear friends!
2 or 3 months later may be crypto will get it form again