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RE: Steem @ $1.07 - Plumbing The Depths of $1 Support At Bittrex Today

in #steem7 years ago

This is so depressing to watch. I wrote a post a few days ago with some of the support levels of Steem/BTC...we have broken through all of those except the last one, which is 23.9k Satoshi. I hope we bounce of that...we are close to that now.

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I wonder, do you think the fact that most people think in US$ terms when trading makes the Satoshi support levels less relevant, given they aren't corrected for actual cash-out value?

True...but trading and charts are all in Steem/BTC so not really sure.

You can check CoinMarketCap for a USD price chat, although it's a line not a candle and doesn't have all the functions you might want:

https://coinmarketcap.com/currencies/steem/

The price in BTC looks to be plumbing near all-time lows (quick visual appraisal only)

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 61040.35
ETH 2922.73
USDT 1.00
SBD 2.31