Filecoin Rejected for the 8th Time: Ultra Mega Bearish

٢٦ ديسمبر ٢٠٢٣

While the entire crypto + stocks market has been making new yearly highs, filecoin has been struggeling with a minor resistance. As previously mentioned, this is extremely worrisome for holders/buyers of this asset because extreme weakness in an otherwise extremely strong market is recipe for Ultra Mega Bearish Disaster. I expect this coin to drop to sub $1 and never recover. This coin was $230 and is now barely $5, which shows that it has unfortunately already died. I expect the crash to commence soon.