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For someone who has experience with stocks (as opposed to the

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For someone who has experience with stocks (as opposed to the people who just learned this stuff from crypto), is this correct:

NEO was going down because of bad news and so on and found floor already yesterday - the price at the level of people who don't want to sell - and so now where BTC and everything with it goes down, it doesn't go down so much because it already has its floor. Right?

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