[Video Blog #99] - 16 Billion Wiped & Bitcoin Dumps (cryptocurrencies)

sebastianjago (66) in video • 7 years ago (edited)

Please watch my video for my perspective and review.

16 billion left the market in a 24 hour period leaving bitcoin sitting at a low of approx. $4200US on Bittrex and it has bounced back to $4500US with some crazy sloshing going on in the BTC markets

Corrections are healthy and I feel this is just a minor blip of a surging market.

Silver and Gold is still climbing with a correction due however I look at Silver and Gold as an indicator to what is happening in the markets as a whole.

Keep your eye on how these commodities behave.

It breaks through $18.63US and heads towards $21US then I feel we "may" be heading for what we are all expecting which is a major financial disruption of some degree.

I have received the ALTA report from Clif High and will do a private video commentary, interpretation and review of this report in my next video and I will let you know how you can get a hold of this review.

Let me know what you think below about all that you can see in the markets.

~ Sebastian

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7 years ago by sebastianjago (66)

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zangliss (38) · 7 years ago

Yes Seb! I just joined steem it because of your other video what a great platform. Another good video... very relieving to hear an Aussie accent talking about bitcoin.

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2 votes

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sebastianjago (66) · 7 years ago

Awesome. Welcome to Steemit. Hope it works for you and glad you get some value from my videos. Will up vote your comment 100% to get to going! :)

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1 vote

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natra (56) · 7 years ago

I hope this time around profit takers on bitcoin won't cash out and instead will reinvest the profit into alt coins. Hopefully starting the alt coin rally. But still everyone should look to BTFD on bitcoin.

$1.62

4 votes

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sebastianjago (66) · 7 years ago (edited)

BTFD? I feel the will be a lot of movement in and out of the market. The big boys will always cash out to fiat or at least to USDT to maximise their position. Very well structure process. Regardless if BTC continues to grow the alts will always get their fair share however will suffer when BTC goes on a major run. There seems to be several different identified cycles which effect prices in different ways. This time next year is what I am waiting for.

$2.06

1 vote

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sdd (10) · 7 years ago

@natra
I support with your comment 👌👌
Followed, upvoted

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rtdcs (63) · 7 years ago

Very informative post!

Upvoted

$0.43

1 vote

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blazing (70) · 7 years ago

a huge downfall come's all of a sudden hope it recover soon thanks for the video

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1 vote

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sebastianjago (66) · 7 years ago (edited)

I feel it will recover in a few days. Big pump groups still bleeding what they can from the action from last weeks action. Then the cycle will continue. BTC to get some new love soon I would say which may see alts take an initial hit. One big game. Play long...less stressful.

$2.00

1 vote

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brothermic (68) · 7 years ago

thanks alot for the video. I am pretty sure in less then a week the marketcap will reach new hights. Might be a little more then a week but you'll see!