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RE: Wall Street Meets CryptoCurrency! - PolyMath ICO Review - CryptoCurrency Review

in #cryptocurrency7 years ago (edited)

Personally, I believe with the vast majority of trades on the Traditional Stock Market being completed via BOT Trading, this recent "Flash Crash" is caused by overloading of stop loss sells. Back in the day when trades were done manually, these flash crashes did not happen. No reason to worry about the Stock market IMO. No indicators that I could find point in a negative direction. I do feel that with bitcoin MACD about to turn around in the next couple hours or possibly day or two, you will start to see a lot of Smart Money enter crypto. On the other hand, if bitcoin breaks the 5900 mark, we might see it go as low as 2-3k. MACD says otherwise on this one though.