Bitcoin approaches ATH, and I am back on Steemit

in #bitcoin3 years ago

It's been a long time away from everything crypto, focusing on other interests but as Bitcoin approaches "All Time Highs", like a magnet it pulls you in. Bitcoin now has so much dimension compared to 2017 and a lot more sophisticated players compared to 2017. We have continued to experience some common theme, like 'China' banned on Bitcoin & continuous growth in adoption. Adoption has been impressive, El Salvador has adopted Bitcoin as legal tender and recently launch SEC approved Bitcoin ETF. The future certainly shaping up to be exciting & price action is taking shape. 100k is definitely on the table

Steem has been on a steady grind, I still believe the best is ahead of it. When the #SocialMedia theme becomes popular like NFT, Stablecoins & DeFi, I expect Steem to blossom as it is a tested project. The adoption of Steem continues to take shape and marketing on platforms like Twitter is increasing. Some upward price action would definitely pull in thousands as users, as the price and sentiment of cryptocurrency project is often correlated with the price of the asset.

The altcoin market has seen a pullback with Bitcoin approaching ATH but if you been here long enough, you seen this movie before. It only takes one green candle & altcoins go on a tear. The question one can ask, would history repeat itself? Only time would tell.

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