Will Bitcoin Price Drag down Steem Value as it plummet?

in #zappl6 years ago

Bitcoin Correction will down to $5800?

Currently bitcoin price is $6300 and this was low compared yesterdays $6800 price!
This was the result of bitcoin segwet2x cancellation and the drama continues!

Bitcoin will continue to dip!

Screenshot_2017-11-12-07-31-51.png
Data from coinmarket.today

  • bitcoin losses 5.3% and we are expecting more losses?
    How this losses affect steem value?
    It will affect always as steem value was drive by bitcoin. Although steem holder try to escape bitcoin corelation and the possibility to soar high!

Bitcoin was the most used currency to exchange with other crypto and was also as many wanted to pull down!

Current cryptomarket

Screenshot_2017-11-12-07-35-12.png
Data from coinmarket.today

Steem will Find a Way to Rise!

steem-1.png

Steem hold a bright future promise to regain its value. Despite bitcoin drama that affect, you should hold more steem or power up more!

Bitcoin Cash is pumping?

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Screenshot_2017-11-12-07-39-02.png

Traders are being forced to transfer to bch?

Large company try to back off bitcoin and find bitcoin cash as an alternative to rally and gain! Beware of bitcoin cash not to loss more money, the sudden price surge will take the benefits of the big player!

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Bitcoin will hit 2000 bitcoin cash will surpass bitcoin and steem will hit 50 cents

I doubt that either

Thanks for the information Bitcoin is down.

The weakness bitcoin is the strength of altcoins. And vice versa. Perhaps, we will see greener days for altcoins this time.

The data shows how good to used btc for short term trading!

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 63149.00
ETH 3156.91
USDT 1.00
SBD 3.85