STEEM Prices Will Go Down 30% More

I have to disagree with the idea that Circle buying Poloniex has anything to do with the drop in STEEM prices.

The correlation between STEEM / BTC has been steady for the past year.  When bitcoin price surge, STEEM slides.

And given the standard pattern of pump and then gradual slides over a few months of time - unfortunately, we can expect some languishing prices for our coin.

When will the bull return?

Be ready for the 'Popcorn Moves' in this market after Poloniex fixes it's issues with STEEM blockchain.

I'll be watching for the simple, age-old pattern of trend reversal - but the trick is to be ready for the AI Bots that are gaining more trade volume - for they will manipulate the prices and create the appearance of fakeout breakout patterns.