Year End Target = $4.70..!!
I am pleased to say that STEEM briefly passed $2.80 today at 0.00099998BTC with BITCOIN >$2,825.
I am now happy to announce my Year End Target at $4.70..!!
Year End Target at $4.70..!!
In order to set the target I have gone back to the Support/Resistance back in August/September of last year at 0.0011866 BTC and this forms the basis of the New Target.
Adjusting for the price of BITCOIN which I expect to see it continue on it's Bullish move higher in the second half of the year to finish at $3,960.00.
Target Calculation as follows:
STEEM = 0.0011866 BTC
BTC = $3,960.00
STEEM = $4.70
No. STEEM = 344 million
Market Cap = $1.1 billion
USERS = 385 thousand
I hope this is helps and I look forward to an AWESOME second half of the year.
My Birthday..!!
Tomorrow is my birthday and I am looking forward to a great day, with plenty of drinking, plenty of eating and plenty of sunbathing..!!
Have a great weekend everyone and once again thank you for all your support of my Blog and Videos.
Thanks for reading.
Stephen
I think STEEM will definitely set a new all-time high in USD price this year.
Traders typically like round numbers, your year-end price target may be a tad low in USD price, I was thinking this morning when your $2.80 USD target was realized that $5.00 USD is very possible this year with a target of possibly $10 USD next year (2018). Of course I think this is dependent on growth (new accounts).
The latest new account metrics in Daily Steem Stats Report - June 09, 2017 by @penguinpablo
This "new accounts created" chart shows another drop off after the latest surge of new accounts. Is another backlog of new accounts forming? Steady new account creation will be important to attaining new price targets in STEEM.
In Clif High's webbot, he predicted ebbs and flows in the price appreciation of STEEM with the price appreciation being related to new account creation. We will see if this pans out.
Regarding you birthday tomorrow:
🎁 I wish you a very Happy Birthday! And I expect to see you here on SteemIt for many more birthdays! 😊
You have been an ardent supporter of the SteemIt community and I wish you much future success!
Now enjoy... 🍔 🍕 🍨 🍪 🍸 🍺
Here's to you! 🍻
Steem on,
Mike
Cheers Mike. Looking forward to many more birthdays whole on Steemit. Thanks again for the well wishes. Have a great weekend. Stephen
Shared on twitter. Stephen
Shared on LinkedIn. Stephen
Happy birthday for tomorrow! Well done on your correct prediction, I hope you're right again with your year end target but what are your thoughts about how Steem will perform over the next couple of months?
Cheers. Thanks for your continued support. Have a great weekend. Stephen
Thanks again for the analysis. Love those big volume bars too. Go steem.....while I resteem.
Cheers. Thanks for your support. Stephen
Hats off to you Stephen, for your speculation about steem price... you were mentioning imminent target price of $2.80 from past several weeks.... exceptional prediction!
You are very welcome. Thanks for your continued support. Have a great weekend. Stephen
I like what I see! Thanks man! I think soon we will see 4$ Steem! Upvoted and followed.
AWESOME..!! Thanks for the support. Stephen
I think it'll surpass $7 this year, maybe more. It's too unpredictable, there are so many people who could flood the platform here and bring the price skyrocketing. And people are losing faith in fiat fast so that seems to be another factor.
But you're usually right, so we'll see. haha :)
Cheers Josh. Thanks for your continued support. Looking forward to our chat on Monday. Have a great weekend. Stephen
I like these calculations and if things keep going on this pace, we are all going to be very wealthy. Upvoted and followed
AWESOME..!! Thanks for your support. Have a great weekend. Stephen
Congrats with your birthday!
Cheers. Have a great weekend. Stephen
Happy bday for tomorrow thanx for that very good news
Cheers. Thanks for the well wishes. Have a great weekend. Stephen
Great stuff, and a happy birthday for tomorrow! 🍻
Cheers. Thanks for your continued support. Have a great weekend. Stephen
Stephen,
I saw your video from 2 days ago where you called $2.80 Steem. That call turned out to be right awfully quickly! I guess it's well on it's way to .0011. Do you expect much pullback before then?
Cheers. Sure, there will be a pull back and will offer an opportunity for those that missed it. Stephen
My end of year goal is a bit higher for steem, specially in this volatile environment :) Anyway good post
@stephenkendal I can see STEEM launch to the $10 Dollar range which will lead to an explosion of sign ups which will then rocket launch STEEM to the $100 Dollar range with an a year or two, who knows maybe less than 2 years?
Or am I just plain nuts?
Happy Birthday! Keep strong and healthy. We need you here. :) kiss
Very optimistic and thanks @stephenkendal for sharing.
Look at that massive trade volume on Steem. I think we can hit $10 this year.
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Yes this information does make me look forward to second half of year. Thanks for your post and may you live long and prosper.
Guess we see that number way earlier!
Fresh news ,thanks man ❤❤
Yeah, $4.70 is too low.....