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RE: Bitcoin officially labeled "Most crowded trade on the planet", but does that mean it's going to go down?
STEEM follows closely with BTC pricing if you watch. BTC up and STEEM up. And vica-versa. If you think price of BTC and steem are not relevant to each other, then you are an idiot.
totally agree here. It is not only STEEM which follows closely with BTC. Almost every Cryptocurrency follow BTC currently. I hope this will change in the future.