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RE: Hard to Find Weakness

in #btc8 years ago

Hmm, I'm always a bit lost when you draw the lines over the markets! Maybe if I studied TA, I would understand what you're doing.

In general, I've seen that Bitcoin marks the changes for the other markets. Before the big dump, whenever it jumped, we always expected the rest of the markets to follow and moved our currencies accordingly.

However, lately, we've noticed that Bitcoin stays in a range trying to break giant barriers and never jumping too much, and nevertheless, even through the BTC falls, Steem has stayed green most of the time. It did drop from 8.9 to almost $1, but it then came back to $3.5 and has been growing despite BTC's slacking off.

Do you think that Steem will grow a lot even if BTC stays there? And if BTC dumps, will Steem follow into the dak dungeons?