___|  _ \   |  |    |   |_ _|\ \     / ____|
 |     |   |  |  |    |   |  |  \ \   /  __|
 |   | |   | ___ __|  ___ |  |   \ \ /   |
\____|\___/     _|   _|  _|___|   \_/   _____| 

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

THE CORRECTION IS ALMOST OVER

BY: @kv151 | CREATED: Feb. 7, 2018, 4:28 p.m. | VOTES: 2 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmbMto1DXNH7qbqRujjX6NY7Lj8D5avCngTP6pa4g92dPQ/mempool-size.jpeg]

The size of the mem-pool is at extremely low levels and is coming close to its bottom. There has been a small uptick in the size in the past two days and this is signaling that the correction is getting to a consolidation stage. After the consolidation stage subsides we should see a healthy uptick in the price of Bitcoin and other cryptos.

I don't think the correction is fully done and we should begin to see the recovery towards the end of February and or the beginning of March.

TAGS: [ #cryptocurrency ] [ #bitcoin ] [ #steemit ] [ #blockchain ] [ #mining ]

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