Steem/Bitcoin Charts
Steemit 7 Day Price Chart
Current Steem Price at Coingecko.com: $1.16
Bitcoin 7 Day Price Chart
Current Bitcoin Price at Coingecko.com: 4,220.00
As you can see Steem hit it's current peak 6 days ago just after @ned announced the new Smart Media Tokens, it has been down hill ever since. I guess once the SMT takes hold, we should really be seeing Steem's price really go up, so I feel OK with how things are going, I guess this reaction was to be expected, I hope it settles around where it is right now for the time being, in a couple of weeks it should take off again, I have seen this happen a few times now.
As for Bitcoin I think it is doing OK, in fact the whole Crypto is doing OK, seeing how a lot of events during September were supposed to bring the prices crashing down, which they did, but things have been slowly getting better and better.
I also expect BTC to remain more or less stable for a couple of weeks and then I expect it to go up again. I am no market or crypto expert, this is just how I view things, I know many people profited from buying Steem when it was close to a dollar and sold at the time it hit it's current peak, this should have also helped to bring the price down, you know people were more than glad to cash in their profits, it hurts the coin, but you can't expect people not to take the opportunity to make some money.
Buy low - sell high
I think that bitcoin is going to fall to 2800-3000 and after a bull run to 5000, to the moon!
I don't think it will go down much, of course your opinion is just as good or maybe better than mine.
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