Just a short commentary over the trading patterns I have witnessed over the last 48 hours. Yesterday the market followed an long shaped U turn from the recovery of last weeks low.
No more sharp peaks as the markets might just be somewhat stabilizing now that new (via government fiat) investment in BTC currency has tapered off after the holiday push to it's all time high.
My prediction is BTC will be stable or in a slightly downward trend depend on how much of it traders divest to other crypto currencies, you can expect the more reputable alt-coins to make gains tonight and tomorrow and rebound from their almost across the board losses by the peak volume hour of today.
Thats all for the crypto business report today, follow me and you can look forward to a comprehensive report of the markets' activity for this week from my account.
May you opportune investments and diversify your portfolio in the mean time ;)
signing off
imgsource
No graphs because Im sick of posting graphs, go look for yourself and it will be more accurate
If you think this is a good outlook for tomorrow or if you have a different idea showcase your expertise by entering this contest to guess what the prices of LTC, STEEM, and ZTC will be tomorrow, The best answer gets 3 SBD!