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RE: AskSteemit: Do you think BTC can reach $6K and Steem $1 this year? Or, BTC can break down to lower $2Ks and Steem to less than 20 cents. Or both can happen this year?
I think they will be somewhat decoupled from each other as each gains demand on theirbown merit. Bitcoin will have much more resistance given its dominance and $6k will be the highest it could could attempt this year but I doubt it will surpass it. Steem, on the other hand, has a couple of catalysts that can help it break above $1 such as SMTs and cheaper nodes that coukd both increase liquidity and demand.
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