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RE: Traders EXACTLY confirm Steem Price around 1,10 USD July 1st
Nice analysis, but I think you have to consider other factors as well. Pretty much every blockchain is connected in terms of price action. I get the feeling Steem will break out before $1.15. Would be interesting if it really was this predictable though.
Last time it did not get to the very end either... but in general traders follow in absence of news the trends like if it were a law...
I agree that price usually today depends on the bitcoin price. But Steem should rise in the ranking from 35th to 5th... it came from being 3rd... if it was 5th, it would be in the billions as of today.