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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #94, "near to bounce point?" Nov. 07, 2016.

in #steem8 years ago

Yep, we've seen this pattern before... I think it's safe to say we're headed back down. Which is fine with me, gives more time to accumulate Steem at attractive prices. The big unknown at this point is what's going to happen if / when the planned hard fork for changing the fundamental characteristics of Steem goes into effect. Until then I'd expect more of what we've been seeing in terms of declining prices.

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