STEEM/BTC: Recovering

in #money7 years ago (edited)

STEEM is slowly recovering from last pump/bump, we should wait until 12/16 and observe if STEEM will break further resistances. There are some fact to pay attention, first liquidity, there are many coins available and who started to power down last week will begin to receive STEEM this week. If everybody try to sell at the same time, prices will probably go down again.

An interesting fact was related by @elyaque's report today, new users keep growing and we can consider 500 new eventual extra buyers by day.

I suppose, even with competition by seen.life and yours.network, STEEM will keep the crown of crypto social at least for another six months.