Bitcoin, SBD and STEEM Market Snapshot For July 5, 2018
With a short bounce BTC hit its recent high of $6710.82. This brought some upward movement in STEEM and SBD prices. However, at this point, BTC is trending downward and so are STEEM and SBD. The bearish trend is still in play and we might see a dip unless BTC hits and crosses $7000 mark as then there will be chances that it hits its next high of $7500. Without hitting these upward support levels, all we can see at this point is a bearish trend. Though those of us who understands the ins and outs of trading could have made some money during this short upward and downward movement of BTC, SBD and STEEM yet it's not recommended for new players to take this route as it's tricky and they might lose all of their money. Just wait for BTC to take a definite upward or downward path and then decide to take the relevant action.
Below are some print screens that I took from blockfolio app for Bittrex exchange.
Good post @ugetfunded, i like it.