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RE: Bitcoin bid to buy Steem Numbers in a sideways pattern ((( NEED TO BREAK ABOVE 98 )))

in #steemit7 years ago

Today the amount of Bitcoin bid to buy steem is 62

🐒 SUMMARY
I feel that in order for Steem to advance and hold above the Steem price of $1.70 the number of Bitcoin Bid to Buy Steem must also break above and hold the 98 level .

🐒 It appears that Bitcoin Bid to buy Steem has created a sideways pattern between 43 and 98 I feel that the Bitcoin bid to buy Steem needs to break above this sideways pattern of 98 to really start a bull market for Steem .

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If we count the three biggest market: STEEM/BTC at Bittrex, STEEM/BTC and STEEM/ETH, total buy orders in BTC is 37+23+6=66 BTC. It is an interesting point of view.

Coin Marketplace

STEEM 0.19
TRX 0.17
JST 0.033
BTC 63915.30
ETH 2740.13
USDT 1.00
SBD 2.59