Post
Topic
Board Speculation (Altcoins)
Re: why is the crypto market down day after day?
by
ParabellumLite
on 19/07/2018, 09:01:32 UTC
Whenever I check coinmarketcap, everything is in red:



I don't see any FUD, why is this happening?

The market has been held captive between the $6000 to $6800 pricing. I'd say the graph and the red candle crypto has been dealing lately is somewhat normal. Moreover, $6600 pricing today is not that bad compared to the pricing way back last year of the same month which is around $2500.

As I said, after three hits to 123, form a number of bear traps - the bitcoin bears down to the bottom. Currently, a new Inside Bar is in place. This Inside Bar is the sidewalk. After the high sideways are likely. My point remains unchanged until now, that is, buy from 7180 - 7230 for today.