NYE Crypto Contraction?

in #cryptocurrency7 years ago (edited)

Is anyone else expecting a major contraction now through New Year's Day? I think between all of the new soft hands that jumped in and the investors pulling profits out before FY2018 starts, we will be in for a wild ride. Two key coins, BTC and LTC have consistent downward trends.

I certainly don't see any reason for an expansion between now and when all of the markets open up the first week of January.

What are your guys' thoughts?

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