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RE: What is going on with STEEMIT? what's steemit 2.0 and why do i have a bad feeling
People don't realize that the Steem/USD 50 day simple moving average (SMA) has crossed the 200 SMA which is technically a very bulish pattern. Right now Steem is suffering the same effect that almost all the other altcoins are under: speculators are favoring bitcoin over other coins. I could be wrong but I doubt that this is a permanent trend.