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RE: STEEM marketcap recovering. // How high can we go?
I think the best sign is that Steem started its upward trajectory independently, while most of the other cryptos were still following Bitcoin's downward pattern. Maybe the news about Hivemind is helping?
I mean it could be anything, but im not sure if we had that much coverage in the crypto media about Hivemind for it to make that much of a difference. I mean we went from 600k to 15mil in couple days.
That is true. Maybe it did just reach a tipping point, and like you say, people just thought the bottom had been reached and it was time to start buying again. Markets are so irrational!