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RE: Steem: Year End Target 0.0009099BTC x $5,170 = $4.70. Market Capital ≈ $1.2 Billion.
I'd love to see it but until they address the main platform issues I mentioned here, I think we'll be staying put right between the $1 - $1.60 range.
that and, all due respect, he's throwing out basic technical analysis principles in favor of his own made up model/metric that he only posts about after a move to the upside.
if it gets there, great...at present, there is no indicator for a move of that size over this short duration