<center>![4DCE40DE-8358-4827-86D5-E9226316876B.jpeg](https://steemitimages.com/DQmb77z4xQPmaXSJSgHRD1v2qVqGaAnjQstn6tMv4YNUMxv/4DCE40DE-8358-4827-86D5-E9226316876B.jpeg)</center>

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Hey guys,

Yesterday I asked [what was with the spike down in STEEM](https://steemit.com/steem/@forexbrokr/what-is-today-s-steem-price-action-all-about)? Could it signal the last capitulation drop into the bottom?

> But lol at this:
> 
> ### STEEM/USD Hourly
> ![A64F00C5-90D5-47B3-948F-7237AF528105.png](https://cdn.steemitimages.com/DQmeGNjh9Hostd4FzB6hKEpCLMkJnDvAQRoydgxNatjztBp/A64F00C5-90D5-47B3-948F-7237AF528105.png)
> 
> Seriously, what the fuck is that?

Well if you were feeling that this could have been that last capitulation spike down before a decent reversal, then unfortunately this wasn’t it.

Price just continues to slide:

### STEEM/USD Hourly
![E26A4173-84EE-4FDF-880A-90E5D96E3EA1.png](https://cdn.steemitimages.com/DQmUxgj7pHXWjjzb8rYLV46sj613HPMZdgseMbfHzuGLLAg/E26A4173-84EE-4FDF-880A-90E5D96E3EA1.png)

We really need a hard V shape reversal at the bottom. 

Unfortunately this wasn’t it.

Peace ✌🏻.

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# *@forexbrokr | Steemit Blog*

*Forex and Crypto Market Musings.*

![lion-header-blue.jpg](https://steemitimages.com/DQmaMdbKQ3ckYDp1G9CAP3ruX3JgRikHJ5L9dzxiZrVWzbF/lion-header-blue.jpg)

**Twitter:** [@forexbrokr](https://twitter.com/forexbrokr)
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