Siacoin bearish

١٥ ديسمبر ٢٠٢١

Unfortunately rally is done due to btc dropping significantly. Alts including sia will continue to bleed against btc money flow going red and sia broke down from trendline it held previously. Unless btc resumes bull cycle or begins a new one after a bear market, another rally will most likely not happen anytime soon. It is unfortunate as everything has been set up nicely for a great run. For now sia has entered a bear market. If a reversal appears and strength comes back into the market, I will update.