@xaero1 this is a very good analysis - 100% upvote and resteemed. I understand why many technical analysts use BTC as benchmark to other altcoins including steem. I , however, will prefare Steem Vs USD or Euros (Fiat currencies) because of the volatility of bitcoin. And note that bitcoin can even reach 5K+ by end of next year if all goes well on August 1st. Steem will do very well and is doing great and thus we should not compare it to bitcoin. Buy more steem now and power up before its too late Thanks for sharing.
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A good view on Bitcoin and Altcoins for this month:
https://steemit.com/bitcoin/@az-charts/bitcoin-below-2500usd-and-it-s-crashing-needs-to-keep-up-the-pace-3300usd-early-target-or-monthly-weekly-daily-view-21-july-2017 https://steemit.com/ethereum/@az-charts/altcoins-eos-to-3usd-ltc-to-65usd-eth-to-290usd-zcash-to-320usd-dash-to-230usd-or-altcoins-monthly-weekly-daily-view-21-july
Stop spamming your links everywhere bog
Agreed, I much prefer using USD based charts rather than BTC based ones. At times in the past BTC has been somewhat stable, but with this recent bubble, you can't reallly say that! Still, poloniex charts are what they, and it's mainly BTC traded there, so they still may be interesting in some way I think.
Many thanks!😁
Welcome buddy..what an excellent post from you. I am currently writing a post and will submit in about 25 minutes.. feel free to check it out..Thanks
Done so; cheers :)
Thanks a lot buddy, bless you. Wish you a great weekend.