STEEM/BTC: Ichimoku 60m
Prices are going up, but there is a lot of whales powering down and a lot of $STEEM available at poloniex.
Compare both graphics, there are at least 2 days before the medium term price reach the cloud, so prices will probably rollercoaster in next two days.
Competitors will arrive soon and i think the best strategy is keep $STEEM at exchanges instead of power up to take advantage of prices fluctuations. I'm not a good writer, so this is the way for me to earn some $STEEM.
# See Also
What do you mean by "Competitors will arrive soon?"
My take on the market is bearish.
There are some projects on "content/media" category nearly to release beta versions. Steemit is actually the best blockchain content platform, but will face competition soon and will need to improve. Take a look at yours.network, belacam and lbry.io.