It's Bitcoin, Ethereum, Litecoin and Ripple XRP crashing-down weekend. Webbot Report said 50% correction in Bitcoin, which will crash down the Altcoins too, like it did before.

in #bitcoin7 years ago (edited)

Bull market for Cryptos still in tact, but Bitcoin is due for a major pullback, which is normal.

If Webbot Report is correct, $2500 range should be the bottom of the Bitcoin pullback (as a buying opportunity), dragging Ethereum down to $200's and Litecoin to $40's and Ripple to the .15 cent to .17 cent range again.

We will see if Webbot Report is right, again?

Smart money takes some or all your profits and re-buys at the bottom of the pullback. Remember, when Bitcoin hit $3000, it crashed down to $1900's. Such a major pullback of $1000+ will happen again, says the Bitcoin's chart.

endtimenews

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I'm pretty much "All in" here on Steemit, so I follow "Steem" to "USD" pretty closely. As of about 8 pm last night Central Standard time (Where I live, so I always convert trying to see apples to apples.) Steem peaked at 1.60 USD at that time.... As of this Morning at about 8 am (Again CST) it had fallen a little to $1.47. This is just a loss of 0.075 percent. One or two sellers could have caused this. I think the "Crashes" in the "Altcoin market" are pretty much just corrections. I'd rather have that happen, and watch them continue to recover and climb, than just skyrocket up. If here were none of these little (LOL 50% - little) crashes there would be a big bubble. It's better to have a lot of little bubbles pop, with the fundamentals intact than to have a humongous bubble grow, then burst destroying value permanently. (IMHO) :)

if that happens, i want to see which one breaks the corelation with bitcoin and stands ground. i guess, it will be "NEO" and some other usable coins like civic and adex.

We saw Bitcoin pulling back from $5000 to $4000, so another $1000 pullback, but Webbot says Bitcoin will pullback 50% from $5000. Will Webbot be right again or wrong for the first time?