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RE: STEEM-BTC: Rounding Bottom ahead?
The problem with the Steem Market is that only a handful of market participants with their behaviour will influence the price. Once this changes the chart analysis will bring more value. At the moment I would just watch the big players.
I agree, due to the huge inflation the sell pressure is very high. But even the big boys here are driven by fear and greed, which forms the elliott wave patterns.