Is that good or bad news for the price of steem?
After a few days of volatile price action, btc now looks like it is ready to make another leg up.
This is coming on the heels of a $1,000 move up last night:
The question I am wondering is, what will this mean for the price of steem?
In the past when BTC went up, steem was dragged up with it, most of the time.
Then when BTC went up a lot, it actually pulled money away from steem and other altcoins.
Now lately, as btc has gone down, steem has actually gone up slightly. Now I don't know what btc's price action means for steem at all.
Any guesses?
same pattern repeating, missed the 5K bounce just as we are missing the 10K bounce.
Just did a small article about this: BTC scewed double bottom pattern down to just above 5K earlier this year, now down to just above 10K
Don't panic, buy the panic
Yep, I agree. I am thinking we could see new highs as soon as this week to be honest.
Amen!
Good post @jondoe..😊
Thanks you
great post ...keep it up
I will do my best.