Does SBD over $10 Confirm Bull Run?

xyzashu (75)First Lieutenantin Account Booster 👍 • 5 years ago (edited)

SBD price has grown phenomenally today. With over 120% growth in past 24 hours, it reached a high of $10.69 according to CoinGecko. Possibly it touched even higher on Upbit though it's still at $9.53 on Bittrex.

It's for the first time I've seen SBD over $10 after the 2017 bull run. I can distinctly recall how SBD prices of over $14 in 2017 was a precursor for bull run in STEEM price then.

_{SBD price graph at the time of writing from Coingecko}

At this moment, STEEM prices are below half a dollar, hovering around $0.43. If history repeats itself, we should see a drastic upward momentum in STEEM prices soon.

In 2017 bull run, we saw STEEM prices following SBD and it reached an all time high of over $8 just a couple of weeks after SBD touched its ATH.

So how much high STEEM can go in next 2-3 weeks would be interesting to watch.

I hope if that happens, it will also have some effect on HIVE prices and HIVE should be ready to make a new ATH soon.

Are you ready?

#steem #upfundme #lifestyle #realityhubs #actnearn #dblog #marlians #zzan #liv #iv