Crypto Market Dilemma

in #bitcoin6 years ago

Another Bitcoin crash today. Not too hard, but support levels have been broken. Looking at $6250 for next support. $6380 for next resistance.

ETH, NEO, and other high cap coins took a hit as well. When Bitcoin takes a hit, everything else does as well. Its common knowledge. Bitcoin looks about ready to test yearly lows.

It seems to me that big money is accumulating. But, a break of $5750 would mean serious downside imo.

Crypto is dead to most. No one cares about it anymore.

That's good for us who own crypto. Means the bottom is close. <br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://adomiumsolutions.xopus.io/?p=20 </em><hr/></center>

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