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That post 17 days ago proved much closer than much of what was being presented here on Steem by many others since. Good stuff.

@srezz the fact that the fall is so sharp does it mean that there is a possiblility for a faster recovery?

Cause for Eth for example it seems that the 880ish support is already broken.

I don't think so. Because it is rather a reaction on the sharp growth. If we use history as a guide it took long 10 months of flat market in 2015 before beginning to recover from the previous drop of the similar magnitude.

There hasn’t even been anything close to a decent bounce yet. Would you be expecting one around that 0.618 fib?

yes

@srezz I salute u!
And once again thank u very much for all the knowledge sharing! For the past year or so I learned so much with u as a guide.

Thanks!! Now that we touched 7.6k, do you think there will be any chance to dip that low again or lower? Or we will stay around 9k level for a while before shooting up? Many thanks :X

Thanks, really interesting. I hope this is just a temporary thing as always :D