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There is One Shining Light in This Cryoto Market Shitstorm

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Hey guys,

So it looks like I lied. Today is tomorrow and I’m still as unmotivated as ever to write.

With even the SBD peg slipping below the buck, I’m feeling well in truly in the crypto funk:

SBD/USD Daily

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But seriously, 92c SBD? A cryptocurrency that is meant to be pegged to the dollar. If you’re in Tether, you should at least be considering putting it across to SBD.

There is however one positive to be taken away from this market shitstorm though, and that’s the following Bitcoin support zone:

BTC/USD Daily

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It’s a sea of altcoin red, but Bitcoin is still holding major higher time frame support.

I have spoken about alts running before big daddy Bitcoin, anticipating resistance holding or dupport breaking and this marketwide move looks to no different to me.

Come on BTC, do us all a favour and hold.

Peace ✌🏻.




@forexbrokr | Steemit Blog

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There is One Shining Light in This Cryoto Market Shitstorm was published on and last updated on 14 Aug 2018.