Bitcoin making a move ? When will Steem make a move ?
Crypto traders across the world might have already noticed the uptrend of Bitcoin in the past few days.
An active user of Steemit might have definitely scrolled through many posts talking about the return of the bulls.
Bitcoin was around $4k over the weekend. It has crossed $5k in just 3 days. Which is $1k rise in 3 days. Not bad right.
Researchers will notice that it wasn't a sudden move. There were all signs hinting the rise. The 24 hour transaction volume had shown some signs.
Having Bitcoin rise is definitely good for crypto market because Cryptos across the world are still influenced by Bitcoin price to some extent.
I'm not a Bitcoin investor. I'm more interested in how Bitcoin price will influence Steem. When can we expect some rise in Steem prices too.
Steem has definitely made a move from its $0.30 price to $0.45 in past fee days but it was gradual.
I know gradual rise is better because that's more promising but a greedy me wants to see exponential rise too.
What are your thoughts ? Are the bulls back ?
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