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RE: STEEM Technical Analysis - 27 July 2017
thanks for the information, I'm looking for days now to buy what should be 'my biggest stake in steem so far' so I am really waiting for the good moment. you thinks things could drop some more due to the btc situation? anyway it's cheap as fuck for at the moment, and I will not feel bad for buying on these levels! keep up the good work, and will follow you for more analysis in the future! grtz
@rene1989 Yes things could definitely drop down even further. From what I see just now there is a possible window that when Bitcoin Reaches $2700 before August 1 that it could drop again all the way to $2200 for a bit and I would assume STEEM would then drop around $0.90. So we will have to wait and see what the market decides to do. Either way, I would keep my eye on the market for the next 6 days I think the market could plunge into an absolute bloodbath
I'm also gonna do an Analysis soon on the price for Next Year so this could give you an idea on what to expect, but yes STEEM is cheap at this time when compared to others and also including the potential that your STEEM Power basically Doubles or Triples depending on the market :) Always Good Investment!
Thank you for following! Looking forward providing more content for my awesome followers :)