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RE: 🎥 Cryptocurrency Market Overview | 11.07.2019

in #dtube5 years ago

Thanks for a great video @cryptospa, and that was very interesting to see those candlesticks, it really does show very solid resistance at that level, which means the buyers will be much more careful, and that in and out of itself can tip the scales downwards, let's see what happens.

And also very interesting about that Fed hearing and what they had to say, and I have to agree that it will take some time yet before crypto really takes off, but when it does it will go very fast, it's a technological disruption and those operates on an S-curve, it starts slowly and then it moves faster and faster until you have almost full adoption, kind of like what happened with smartphones, but crypto do have the potential to move faster than that once it really gets traction since it's mostly software.

Stay Awesome!

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@flaxz, thank you for the awesome comment! Yeah, we have to keep an eye on the price of BTC. It is a very tricky moment now.

I absolutely agree with you about the S-curve! When the mass adoption will start it will unfold very fast and the crypto prices will skyrocket.

Stay awesome!

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