RE: STATMAN looks at BITCOIN's recent 40% move. Have other cryptos participated? A look at STEEM! And GOLD! "The last time we saw this gold moved 300.00 and quickly".

[owinvestments]

Seems like a classic non confirmation in the crypto market and should be a signal that it’s not in a major bull market yet.

Comments

[yankee-statman]

likely you are correct..although chances are very good (I believe ) we've seen the low in BTC..your take? (apprec. your feedback!)

[owinvestments]

You are prob right. If btc was headed to new lows it should’ve stayed below the 6700 resistance. It spent a very short time below this resistance. Definitely not the type of price action typical of an extended bear market. Looking forward to your futures post. Thanks for sharing.

[yankee-statman]

thanks my friend..and you as well..