When Bitcoin catches a Cold.. STEEM?!
I haven't done any charts lately because quiet frankly what I was seeing is just playing out. If BTC continues and breaks that red line, it's going lower; much lower. Will it catch a bid? Will whales be moving money in and out? The problem with big money is it will absolutely wreck smaller holders.
We all know this when it comes to alts.. when Bitcoin catches a cold, Alts catch a Fever. Even Steem which seemed to keep it's stability in these markets is now breaking down with Bitcoins cold.
Either way hold on cuz I believe it's going much lower. Sorry to be 'bearish'.. just how I see it. If BTC doesn't hold past the red, you could be looking at BTC sitting at $6500 USD.
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It is a question to have patience. ;)
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What goes down must come.... Keep going down!!
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I personally think BTC goes to 5k ish before it goes up next spring
Meanwhile Steem is down to $0.12. I told myself I would buy at $0.10
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