I think the trend will continue downwards with a floor of 1,170 or 1,167
DislikedOil price may correct but not by much. First we have to remove the aspects which are driving up the price. - war in the Yemen - discontent in Iran - the loss of that VLCC ship with 1mmbbl now gone up in smoke - Norks being diplomatic with South Korea which may lead to increased supply to NK - horrendous cold weather in the USA (which could turn on a dime)Ignored
Disliked{quote} This is where you need a sense of understanding. $200bn has not moved, the price has changed so that the asset class appears to be worth $200bn less. The reality is that if you are a holder of xxxCoin and try to offload any significant amount you will find that market liquidity (or illiquidity) pushes the price sharply down. The real value is extremely difficult to ascertain. How much selling would it take to push the price down by 20%? Maybe only a few hundred-thousand, or perhaps a few thousand.Ignored
Disliked{quote} {quote} Of course it would have been great to join Raiblock in December, when it was 2$-10$; but now it has stabilized at about 26$. So maybe a good chance comes to join someday from now...Ignored