I shared a post about 5 Reasons For BTC Price May Go Down to 12K USD and I believe that BTC will fall at these prices...
If this idea comes true, what about altcoins and CUB?
Especially CUB? How can anyone guess the bottom?
Here is my a few idea for me to guess the dip.
CUB is newborn
In the bear season, we need to examine the charts of newly issued coins. If there will not be major updates on project, CUB price will move in line with the bear market...
When Hive first came out, altcoins were in a bear market.
Here you can compare of charts between Hive and CUB. There are lots of similarity. We are searching for the dip which equal to 5th level...
Trend Based Fib-Extension
Here is Trend Based Fib-Extension on the chart. It showed us 3rd level where is one of greatest support level.
MarketCap
So If it breaks down gretest support, Where will MartketCap go down? We should follow amount of supply with time... If bear market will come lately, Price may drop more...
There is a simple question. How much money would you buy this project if you had?
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To respond to your question. If had had at least a regular job with a descent amount of money coming from salary, I would try to put something around $1000 in CUB. The right question is when.
I don't know if I would do it quick or not.
But I don't have that money so I don't need to think about that :')
Posted Using LeoFinance Beta
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You know what CUB will do in a bear market capitulation, go to 8 cents or lower!