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RE: Could we see $4 Steem in the next 2 months?
I heard that some whales are powering down heavily. I haven't double checked that though. If that is the case, then this trend might continue since it takes so many weeks before this process stops. Is that how it works? Maybe we are lucky and some new whales pop up. Let us write Elon Musk an open letter. ;)
https://steemwhales.com/?p=1&s=power
Looks like 7 of the top 25 are powering down! Sorry but I don't have time for amore detailed analysis. Hopefully they need funds for other projects and don't see this as a sinking ship!
Interesting, wonder if new users can overcome that.
They already do I guess, otherwise the price would probably go down more.