RE: SEC S16-W3 Steem’s Potential in the Bull Run
Yes this is true that Bitcoin halving is taking place in the upcoming month April. Bitcoin halving is the signal of Bull cycle in the market. The bull cycle always increase the liquidity in the market. It's highly expected that Steem coin will accumulate more liquidity in this bull run too, which will help increase it price.
According to you, you have predicted that in the year 2024 STEEM is going to touch minimum $0.75 and maximum $0.90. Yes very valid too, but as far as my knowledge is concern I m seeing steem above $1 this year. The reason is because it has a very limited supply in the market. A little liquidity can increase it's price too much. For your information, only one billion market cap can reach the price of steem to $2.2 or above.
Wish you get succeeded in this contest friend.
Thank you so much for your extensive comment at my post and I am very happy that you have clear understanding about Bitcoin halving and it's benefits related to Bull cycle start in overall market and when definitely Bull cycle would start then it would involves all altcoins so in return it would be very helpful in increasing STEEM price too.
I am happy that my predictions of rate or price of this token in 2024 is valid according to you but according to your knowledge you are expecting very high from this token and I wish that your predictions comes true not me 😂
Because we all want to see STEEM among top 100 cryptocurrencies very soon.
Thank you so much for wishing me success