Steem is at 13:45 UTC at exactly $1.90 on CMC, I just checked the charts at CoinGecko and found that on March 15, 2017 Steem reached its lowest point ever at 0.075, and then it started slowly going up until it reached its highest point at $8.19 on January 2, 2018.
Since most TA work on the basis of curves, waves and other forms of predictions, I will work on a yearly basis and so I guess that we are right now near the Steem price low point and Steem should start to gradually rise in the coming weeks and months.
Bitcoin prices were also at its lowest during March and April of last year, gradually rising until they saw their peaks of nearly $20,000.00 in mid-December, so I guess there is a pattern here, for no particular reason that I know of March and April are the low months for crypto currency, probably investors take a break and wait for everyone to sell really low so they can then start buying at cheap prices in April.
I am just taking a shot at guessing here, my opinion is no better and probably worse than that of any other person who tries to predict Crypto
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we all hope the price of bitcoin raise