Nobody really knows if it will follow the same or similar pattern as there has not been any good news that would warrant deviating from the current pattern. Everyone is impatiently waiting for signs that would happen just before the upclimb starts.
There has actually been quite a bit of good news recently, with several major potential catalysts on the horizon. We have Bakkt, Nasdaq, and Fidelity all set to launch crypto exchanges/futures products in Q1 of this year (though they may get pushed back to Q2 due to government shut down). Not to mention ErisX launching. Plus we have the SEC ruling on several major bitcoin ETFs set to happen within the next few months. That is just news related to wall street and institutional money... there are quite a few others if you dig deeper.
I don't constantly monitor exchange rate of BTC... I just set target rates once or twice a year and then check maybe every 3 months if it has fulfilled my trade orders. I don't think I'm going to push more Steem to exchanges anytime soon as I've stored most of my Steem in savings account that has 3 day withdrawal delay... Currently I get about 0.15 Steem every week and I try not to transfer less than 3 Steem due to some exchanges having high withdrawal fee for Steem.
Nobody really knows if it will follow the same or similar pattern as there has not been any good news that would warrant deviating from the current pattern. Everyone is impatiently waiting for signs that would happen just before the upclimb starts.
There has actually been quite a bit of good news recently, with several major potential catalysts on the horizon. We have Bakkt, Nasdaq, and Fidelity all set to launch crypto exchanges/futures products in Q1 of this year (though they may get pushed back to Q2 due to government shut down). Not to mention ErisX launching. Plus we have the SEC ruling on several major bitcoin ETFs set to happen within the next few months. That is just news related to wall street and institutional money... there are quite a few others if you dig deeper.
I don't constantly monitor exchange rate of BTC... I just set target rates once or twice a year and then check maybe every 3 months if it has fulfilled my trade orders. I don't think I'm going to push more Steem to exchanges anytime soon as I've stored most of my Steem in savings account that has 3 day withdrawal delay... Currently I get about 0.15 Steem every week and I try not to transfer less than 3 Steem due to some exchanges having high withdrawal fee for Steem.