So it's a new month and once again the prices of crypto currencies continue to decline.
The correction continues with BTC now finding itself in the low $7000 range, while dragging all other cryptos alongside with it.
It wasn't too long ago that steem was around $4 and a lot of things could be done.
Currently, steem sits at around $1.52 on coin market cap, and around exchanges, seel orders continue to outweigh the buy orders.
Many have speculated that this could be the death of cryptos, but I beg to differ.
To me, the prices of cryptos are returning to a mean, a mean that would then be the starting point to another major bull run sometime in the future.
The month of april offers so much in terms of what and what may happen in the crypto scene.
Unlike the stock market, the crypto market hasn't had the advantage of being in existence for a long period of time, and so many analysis on price are done and taken with a grain of salt.
The eratic movement that btc has shown could throw analysis off by a wide margin, and right now we are better off watching the market and making careful moves in this wild wild west land of cryptocurrency.
Thanks and welcome yall. to the month of april.