It's really hard to say, all of the crypto markets are crazy right now. If btc has a serious reversal and consolidation I would expect a drop short term, but as we approach the launch of HF20 and Smart Media Tokens I assume less people will be willing to dump that much..
I've marked a few support and resistance areas for Steem/BTC here if you're interested (it also has a custom indicator for SteemUSD and SBDUSD) : https://www.tradingview.com/chart/SkINGKNk/
Yes, this site is interesting because it has many specialists in encryption, It helps you to read the market, And at times remain puzzled, by any decision taken.
I believe it should be closer to $20-$30 usd per steem, it's way undervalued compared to other cryptocurrencies with less users and capabilities
Hello ausbitbank
thanks for your reply
Do you think the value of Steam will be affected by the deterioration of the value of Bitcoin?
It's really hard to say, all of the crypto markets are crazy right now. If btc has a serious reversal and consolidation I would expect a drop short term, but as we approach the launch of HF20 and Smart Media Tokens I assume less people will be willing to dump that much..
I've marked a few support and resistance areas for Steem/BTC here if you're interested (it also has a custom indicator for SteemUSD and SBDUSD) : https://www.tradingview.com/chart/SkINGKNk/
Yes, this site is interesting because it has many specialists in encryption, It helps you to read the market, And at times remain puzzled, by any decision taken.
Hi @ausbitbank I am new to steem but ive voted for you as a witness :)