UPDATE: I told you Bitcoin HAS NOT Bottomed under 24 hours ago

Sometimes it just works out this way. Take a look at my post yesterday...
https://steemit.com/blockchain/@heyimsnuffles/reality-check-bitcoin-has-not-bottomed

Bitcoin could very well do this into the morning tomorrow..

300.jpg

Courtesy of: https://goo.gl/images/PjdQ4Y

Bitcoin is STILL KING in the crypto world so I do not care how good or bad other alts are doing with progress or product because right now if Bitcoin gets hit big you are going to see a massive run for the hills (run for fiat) from all the newbies who jumped aboard the wagon.

btcc.png

You know what I see on this chart? A BIG FAT LOWER HIGH at the 200 day MA. I would not be buying ANY crypto right now unless it is close to printing all time highs so like ZRX or EOS and I would have a quick leash.

I still think these two pull back big

EOS
eos508.png

ZRX
zrxx.png

Alot of assets in the crypto world look like absolute dogshit. And these are the big dogs that look like they may fall off a cliff.

I highlight MAJOR support levels and I know these levels seem unbelievable now...but believe me, they aren't. When some real panic sets in these could be achieved in a few days, not weeks.

XMR
xmrr.png

ETH
ethh.png

LTC

ltcc.png

NEO

neoo.png

The only good thing is that crypto is not front running global market risk anymore which my thesis is it had to stop doing that before the cycle and full adoption phase could take place.

Things may be about to get nasty here....I got a feeling we are going to see some panic...


Follow me on Twitter @heyimsnuffles

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Heyimsnuffles
I am a degreed Nuclear Engineer with a PE who has spent almost a decade studying global markets and crypto markets. Follow Me on Twitter and Sola
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