My first comment is on the title: I don't think it has bottomed in any form or shape... it's a very weak rebound that could not touch the bottom of the GAP at 0.048.
Now, Criptos.... Fair enough, blockchain is absolutely revolutionary and great. It wll be used in so many applications and in combination with other techos...
Bitcoin is way way overbought and in Tulip Bubble levels and you know it....
Not quite as bad as the Dow which is in a super bubble territory also.
Every investment has a fade and cycle... Bitcoin will not be different. Especially if large financial institutions and corporations decide to embrace it.
Make the most of the prices right now.... cause when this comes down, IMHO, it will hurt a bunch of ppl... and so the DOW...... it's just a normal course of the game.
For KAI.... it eventually will find a fair price. atm and until the markets understand what really has happened to NOVO...and they are able to bring a reasonable answer to the market, I see not much happening but, plenty of games.....
I see lower levels as 3.9 cents and 4.0 cents gathering interested buyers.... It seems a long way down but, IMHO, it only might take 1 month if POG does not improve and if Algos decide that 1's and 2's are boring
GLTA
cheers
T10
Bottomed, page-10
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $44.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $29.07K | 1.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5570577 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 439879 | 4 |
View Market Depth
| Last trade - 10.27am 12/11/2024 (20 minute delay) ? |
| KAI (ASX) Chart |