Thoughts for your floor?
180?
130?
Surely not lower than 80usd?
RSI looks to be approaching a bottom indicator on various scales.
What is REALLY worrying me is the lack of trolls... THAT is a TRUE worrying indicator! No one is trying to make us sell...
Lack of trolls here is not a good sign, nope - but right now it's all about the mothership. BTC needs to find its bottom (and preferably fast!).
We were holding well against BTC (but of course losing in fiat terms) today it looks like we aren't such a particularly special case and we are losing ground against BTC too. I am hoping this means we are approaching the point of the bottom for BTC and thus, the whole market.
I think alts will be drained further as BTC looks closer to the bottom, because people simply will want to buy BTC at its low, rather than hold any alt.
One last capitulation and blood on the streets will sort it, then we can find a new base. Alts will slingshot up once BTC does - but faster. Of course this is a shakeout for the weakest alts. I expect Monero to do better than most, simply as it has quality and a damn good use case.