Steem Price Going Down or Up?

I checked the Steemit's internal market and I was shocked to see the price go down to just Sixty cents. 

I am yet to understand how all these price changes occur, from what I know is that the price changes when the price of Bitcoin go up. But this doesn't seem to be the case. 

I had a few SBD which I had set up for selling in the Steemit's internal market and the traded occurred.

If you are holding some SBD then this is the right time to buy some Steem. I hope that the prices will go up soon and you can sell that and make some profit from it