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RE: Crypto Crash Or Correction, Market Capitalization Drops By 30%, Now What?

in #crypto7 years ago

Yes, it is on sale, but I have seen markets long enough to know that these corrections can last longer and go further than most people expect. I am expecting a bit of a rebound higher here, but the trend is down and I wouldn't doubt we see lower prices from here. The support line shown above is probably a realistic price target, that is a more favorable buy price based on what I see from the charts.