Seems like Alt Season is Back

in #steemit6 years ago (edited)

The Green Market 

Fud Fear uncertain condition of Bitcoin and Alt market ,Regulation treat,Ban news from many countries like India ,China. Banning on crypto related advertisements or so called technical experts of tradinview website that were involved in Bitcoin crash.According to them bitcoin was going to test lowest level down to 3k this month.Some people Fool investors for their own Trading and profit game.

Stop being fooled by these culprits,Bitcoin is not going anywhere will remain unstoppable.and Now

we can see boost in prices compare to last week every coin is almost 50% to 100% up in value.As Bitcoin slightly Moving up and taking hands of other alts market together.Prices of Alt Markets are dependent on Bitcoin Prices.

Bitcoin is back after slightly came back from 6500 Test Level. Moving forward to 10000$ again.As fears disappeared After a heavy bounce back last week. After islamic republic countries declared bitcoin is Halal and investment in Bitcoin is not against the rules and Laws of Islam.This news boost the confidence level of Muslim community and investors from europe and Asia again enter into market to wet their hands.

My Most Favourite Cryptos

Ripple

Ripple is back again was came down from 25000 satoshi,tested level of 6900 satoshi move forward to 8500 satoshi.Ripple is a currency backed by many international banks.ripple has largest turn over and market cap .

As a world largest crypto currency.Ripple price is much low compare to its market capital due to massive supply.Ripple is going to boost can rise upto 10k or 20k satoshi back with in 2018.

Bitcoin Cash

Bitcoin Cash is also on its peak 25% up compare to last week. The Trend of bch wont be stopped be stopped,In upcoming days BCH will be listed on Binance Exchange. keep this in mind Binance world largest crypto exchange website and direct  competitor of Bittrex.After so many complain from Bittrex regarding Account disable and rules of country terrority. Fear of account blockage,Kyc strictness Investor was in search of safe heaven,Where the do not have to proof their identity,So Binance was the biggest support of investors during Bittrex crisis.As we Know No one can compare to Bittrex as Bittrex is Safest and Oldest exchange and supported,regulated by United States.

Steem

Seems like panic seller are exit from market. Steem was tested lowest level of 2018 which was 20000 satoshi.

Steem was getting down day by day and investors are worried about the future of steem.personally i was just surprised after reading famous crypto expert @haijen analyst. @haijen betted that Steem will touch almost 10$ to 20$ in 2018.After next day of that post Steem start shoot up and surprisingly steem peaked up 60% compare to last week,I was having steem power from @blocktrades which i Dropped due to extreme crisis. So if you have a look onto chart of steem. Steem was ATH in 2016 at 0.005 Btc . So i am currently holding 11k steem i wish i have power at that time so if i convert Steem into Btc, I was able to make 60 BtC. In 2016 when Hard fork of Steem has done Steem price shoot up. I even Do not know if there are more  fork coming in Steem community it will shoot up again. According to @jerrybanfield Still will be in Top 3 currency in 2020.

But Steem is reward based platform so when we earn reward in shape of liquid Steem and Hold it,It will increase capital of holders. Steem has also launch Smt reward based platform.SMT is a new chain,Appics token has been launched and in round 3,Investors are taking more interest in reward based social media networks.

According to CEO of Steemit @ned Scott SMT will be finalized in 2018. Hope many other  reward based apps and platform will be lunched under the supervision of Steem.

So if you ask me ab0ut the future of Steem i am dam Sure In next month Steem will cross 4$ level and price will move upto 45000 satoshi.In future it may jump more after complete launch of SMT.So i advice afery investor or Steem power Holder to Hold your Steem power at least 2018 End is coming with massive profit.


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I wish steem will hit $10 Or above thanks for updating about Crypto news.
In this week the price of steem is touching $3 .

But do you honestly steem will hit btw 10to 20 dollar? If yes what do you think could make that to happen

i am sure it will hit 10$ at least

Ok, but what makes you sure? Is this just speculative or based on some (technical) facts?

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Good to see some green action, hope it continues but I am remaining cautiously optimistic.

Thanks for the post.

I hope your prediction about the steem price is correct but deep inside i think it's wishful thinking.

A quick release of SMT's and community's might give a boost to the steem price and give it some viability but if the developers don't deliver quickly, steem will keep dropping in the crypto ranking and loose it's momentum between all those other altcoins.

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That's right! Alt season is slowly starting to go back. If the price of BTC continues to grow then we can also expect alt coins to do the same. It's a win-win for everyone.

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