Now that bitcoin is clearly breaking over $3,000 USD, we will see Steem start to trend upwards from here.
Also with Steemit users growing at a faster and faster rate, we are bound to break over recent highs.
[Source: Coin Market Cap]
This is a 3 month chart of Steem
As Bitcoin approaches $4,000 and we are on route for 500,000 users, I see no reason why Steem will not break over the recent $2.80 high in coming months.
What are your predictions on Steem and Bitcoin? Are you currently buying, holding, or selling?