STEEM to move soon
This time round, i shall post before the move happens. Taking a close look at the charts, we can see that the first upmove was at the 6.9k Satoshi to 23k Satoshi region. This was followed by 2 months of quiet consolidation without even a deep retracement. No signs of selling volume at all. The buyers were sitting tight and in fact waiting to buy more. The next scoop was at the 32k to 55k region. With the current buying and momentum in STEEM and in the crypto arena, an easy push to 75k is expected. Once prices hold firm there, 100k Satoshi price target will be realistic within the short term.
STEEM has space to grow as a block chain social media platform, because of the inherent incentives for the users to generate quality content and promote them. I believe we are still at a young stage of this growing platform, and i feel fortunate to have adopted it before it goes even more mainstream. As usual guys, sit tight!
I was thinking the same thing...
Cheers. Crypto is just heating up only...