Stability times in the steem and btc has the worst happened? The best is yet to come? by carloserp-2000

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· @carloserp-2000 ·
$12.17
Stability times in the steem and btc has the worst happened? The best is yet to come?
The market stabilizes little by little, this does not mean that we are free of some other downside, but I have been reading for several weeks different articles related to movements of BTC, STEEM, ETHEREUM and other cryptocurrencies.

At the beginning of this week we presented significant drops in several cryptocurrencies, in the case of bitcoin was around the 5800 dollars for a few hours, many thought that it would come a much greater fall but until reaching the $ 5,000, but the unexpected happened and the market I behave differently from the predictions of many cryptomoney experts.

<center> https://cdn.steemitimages.com/DQmT1SL5k82vjuAykAp2Fad7iABghKhxxYnq2mYCxYLw6UY/image.png
**Graphic shows the red circle a value around $ 5800. Later the market had an ascending line (green) until stabilizing between 6400 and 6500 $. Several times the BTC attempted a fall, but after a small fall, its correction was bullish.** <sup> Source Bittrex </sup> </center>

Similarly, the STEEM did not have a large drop as was also predicted, which was an approximate value of 0.5 $, luckily it remained around 0.8 $.


<center> https://cdn.steemitimages.com/DQmYXVaoPGqc4EK1ZL54LJ3HBotee9XNJVsVyZaPTkvYkHJ/image.png
**The steem in the last hours has had a very positive behavior with respect to the last days, its trend is bullish, this is good news, sincerely in my personal opinion and studying little by little I think it will be difficult to observe below 0.7 $ as many expected. The rest of the days prior to this one remained stable.** <sup> Source coinmarketcap </sup> </center>

In the previous post I mentioned that these falls should be presented if we want to have a bull market in the future, they are respective corrections that each currency must have, I am not an absolute connoisseur of the movement and market of the cryptomendas, I am a total novice, but little to I have little time getting into this world and I have had to learn from this market and study each movement in detail.

I am not a guy who uses specialized programs to study these movements, I simply observe their behavior in previous months, I analyze their graphs and I try to predict what could happen, but many times I'm wrong, I try to read many post related to this world and to notice what they do to be able to correctly predict a fall or a climb.

Now many people expected that the bitcoin and the steem fell flatly to be able to buy at a price as a gift and then as the market used to sell at a higher price. As you know when the values ​​in $ of the coins fall is because people sell their savings and that is why the fall, but after a fall comes a powerful lift, this happens because we have a low price and purchase volume increases and later due to the high demand the prices increase, it is a very volatile world therefore the behavior of the graphics always looks like a roller coaster.

#### But what should we do at this time?

People who do tranding all day benefit from these movements, in my case I am more cautious and try to wait a bit to make important movements, I think it is not time to sell or buy, I advise waiting a few days and Observe in detail how the market behaves, because I think they can go down or up.

In the case of BTC I think that it can play again the 6000 $ and I think it would be a good opportunity to buy. Could you lower your price? Probably not, the trends are bullish.

And of course the STEEM can get to touch again the 0.8 $ good time to buy, although it is likely to stabilize a good time around $ 1.

This has been a very bad week for steemit, could say that in 50% have reduced the amount of post due to this fall people are discouraged to publish for the few rewards. In my case as a curator of @steemstem I have noticed this, very few post with our label and the quality has been reduced significantly, but it is very good that this is momentary.

I am the most positive person in the world and full of hope for that I tell them that light times will soon come for this platform, we are living and touching bottom at this time, but the worst happened !!

Steemit is a great opportunity and we must continue contributing to it ..

**Thank you very much for your reading Carlos says goodbye**
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (63)
@tsoldovieri ·
Excellent and very useful information @carloserp-2000. Thanks for sharing!. Regards.
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@carloserp-2000 ·
$0.06
Thanks :)
πŸ‘  ,
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vote details (2)
@emiliomoron ·
Excellent contribution friend @carloserp-2000, thanks for your appreciation, provides some confidence to those who are newer even on the platform. Thanks for sharing the information. Regards!
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@carloserp-2000 ·
$0.06
Better times will come, I think the worst is already finishing its cycle :P
πŸ‘  ,
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vote details (2)
@daniel.ang ·
I have the same view with you @carloserp on BTC analyze. BTC and ETH need to pull back more to up
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@carloserp-2000 ·
$0.06
a small retracement of the btc is around $ 6000 and the steem is not less than 0.7 $.

These changes occur quickly, it would be a good sign for the next months @daniel.ang
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@daniel.ang ·
$0.03
I see btc will retrace below $6000, however after summer trading, this week i also can see many good sign coming.
πŸ‘  
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