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Re: Majk76 post# 19917

Friday, 12/21/2018 1:52:29 PM

Friday, December 21, 2018 1:52:29 PM

Post# of 42940
BTC is down today. And way off of its highs of 19k.


3,985.52-152.14 (-3.677%)
As of 6:51PM GMT. Market open.

One prof.opinion:
In other words, Kruger believes that the recent recovery is only a correction off oversold levels, rather than a fundamental shift in the fabric of this industry, like what Coinbase’s president hinted at during a recent CNBC “Fast Money” guest appearance. Contradicting sentiment touted by optimists, the New York-based analyst noted that there isn’t anything to “FOMO” about. So, referring back to his thread’s titlecard, Kruger dubbed the past week’s price action, the “Zombie Rally,” jabbing at the fact that many participating in this leg upwards “are actually dead.”