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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #131, Dec. 14, 2016.

in #steem8 years ago

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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.

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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