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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #60, "Some things are worth fighting for,,," Sept 30, 2016
From a technical perspective this looks like a screaming buy spot to me. I am not sure if Steem will trade like a stock because of the dilution aspect, but this is the kind of setup I love to see on a stock chart for an entry. Buy buy buy!
My sense as well. With the recent reports of Steem transfers and the percentage of available liquid Steem is very similar to what happened before the launch up from 25 cents a few months ago.
News + Liquid Steem decrease + development = bullish