What will happen to Steem Price ?

Dear Friends ,

Crypto market went down as the bitcoin dropped to 30k showing all red all over the market. As almost all the currencies steem price dropped less than 0.6$ and currently we are in a very similar position 3 months ago Check . Todays 24 hour steem trading volume is around 7 billion and steem price dropped 10% in last 24 hours and 30 % within last week. As we all can remembers steem reached it all time high $8.80 in 2018 , January , now all of us have the question how steem price will behave with this current bearish market. If Btc continuous to drop ( Effect of china ban and Tesla and Elons more tweets or etc) can steem hold this price ?

Have a nice day.. !
Thank you