The Regression Continues : A Cryptocurrency Update for 08.02.2019

[sagesigma]

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It sucks. I know it does. As of a few days ago, I wanted Bitcoin to be at $10k, Ethereum at $1K, and Litecoin at 500$ as of August 1st. OK, I'm lying; I didn't really expect my 21 Litecoins to be at $500 USD, but it would have been nice. But the others I did believe in, and yet here we are, riding out a multi day correction. Not fun; this isn't going to get me to Costa Rica.

Prices continue to march towards their respective short targets; ETH? The bottom appears to have dropped off of that coin, as price declines keep churning downwards. I've updated notes where possible on the charts below. Sadly, I have not annotated my Costa Rican price targets yet.

Bitcoin

Ethereum

Ripple

Bitcoin Cash

EOS

Stellar

Litecoin the Laggard

Please recall, these are only:

Random thoughts for entertainment purposes on cryptocurrency short term prices. This post is purely for entertainment value alone, and is not intended to represent or constitute financial advice. Always provide your own due diligence and risk management in respect to investments.

Good luck and good fortune to all.

Comments

[coin.info]

Coins mentioned in post:

Coin		Price (USD)	📉 24h	📉 7d
BTC	Bitcoin	7390.574$	-3.91%	-7.34%
EOS	EOS	6.958$	-4.62%	-16.09%
ETH	Ethereum	403.658$	-4.76%	-13.38%
LTC	Litecoin	75.466$	-3.53%	-10.23%
XLM	Stellar	0.253$	-9.14%	-17.81%

[outwalking]

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