Bitcoin's Double Wave Theory - Prediction: $500,000.00 in 04/2019 | A commentary

This is an interesting analysis of the price movement of BTC. Moving forward it should be taken cautiously because the there will always be competing technologies as well as interference from market manipulation that will confuse things. This made me consider doing an analysis of STEEM. The following is the price of STEEM as compared to a couple of moving averages (7 day, 14 day).

Although in recent months we have seen a drop off in the price, you will note that the trendlines are all pointing upward. Additionally the difference between the two averages has a widening gap ... illustrating the strengthening market. To be honest, I am very concerned about holding BTC in contrast to STEEM. While BTC may have the possibility of being $500K in one year, STEEM can keep plugging away earning a few pennies per post ...