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RE: STEEM Smashes out of wedge consolidation on Smart Media Tokens announce
Pretty exciting time for steem holders. A textbook break like that is sure to have excellent follow through if we don't get any macro surprise that dents the broader crypto sentiment.
You mean like the Russia news overnight? :\
Can't catch a break ... still I think we will be OK looking at BTC chart, just a hiccup and fingers crossed it doesn't turn into vomit
Russia is not really as big an economic power as it is a diplomatic and military power. I'd be surprised if that news made much of a dent in market sentiment and it looks like just mild FUD to me.
Considering Putin actually met with Vitalik Buterin back in June to talk about crypto opportunities and in August announced plans to build a massive bitcoin mining facility in Russia....I think Russian attitudes toward crypto is still bullish.
Yeah I was a bit confused by the mixed messages too ... BTC no longer looking heavy, higher low ... should be sweet. I'm long 2 coins with 450 bucks margin hahahaha
Edit: This should more than balance out https://www.coindesk.com/us-currency-boss-opens-door-licensed-bitcoin-banks/