The charts are starting to look very scary out there.
BTC is making its way back to the lows and looking like it might try to break them.
The likely driver has to do with rumors that Tether is about to explode, dragging markets and coins down with it.
The resulting price action would probably take BTC down to $9k, and possibly all the way down to $6k-$8k.
You can imagine what steem and most of the altcoins will be at if btc plunges by roughly 50% from current levels.
However, there are a lot of people stating they want to buy btc down at those levels, so if it does drop that far, it will likely be quick as buyers step in to hold off the plunge.
Where do you think we are about to go?