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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #131, Dec. 14, 2016.
COMMENT
Looks to me like this was just a minor bounce and that the price is going to keep it's downtrend towards the 17k levels.
In my opinion, ANY bounce while the Supply of Steem is UP, due to the new shorter power down period which just started, is a Very Good Sign for the Future of Steem!
I like to randomly Capitalize sometimes :P
yep i think so too, this bounce was unexpected but might be just "exit bounce" if you know what i mean