Steem Technical

Steem is a reward based platform and the development of steem is made just like that,It will not rise and rise when more inflation happen and people earn more reward from Steemit. There should be more investor in market to support steem price.For long term life of steem it is a necessary thing that Steem should be supported by more and more investors.
Steem price hurted by Inflation and when more reward holder sell more and more Steem it destroy the capital.
But there is Good hope i give you target that you should buy steem for some days you will see price will rise to 45000 satoshi again.
Technically Steem is on a good position and every thing will remain good,If Btc remain supported by investors.
Technically Steem is coming back after touching the lower bottom low from last 2 months and now become stable more.
As a social media Steem is now getting on good rank and every one is know very well about it ,The problem is reward making bots which are destroyed steem.
Reward making bots are used by bidders to earn steem power later on This power reinvested and create more power.
These reward based bots are running under the power of @Freedom. @Freedom was a investor who supported steem and the was so cheaper when He invested into it and almost has Millions of dollars Steem power.
The problem is most bots are using power by @Freedom and making money from it. We need to have more and more investor Like @freedom so that This coin can go huge to the moon. Unfortunately Bots are producing money there are not big investor anymore.People use bots to make money faster and invest very short money.Instead of using Direct Steem Buy option by selling Bitcoin.Every Steemians is searching for Free or cheap way to earn money.
So technically i can say Steem has Good Future But it may take time to the Moon.45000 Satoshi is best resistance level and Steem may start falling from here.
Bitcoin statibility can increase the price of Steem power value and Upvote value of power will be risen,Because steem power upvote value is counted by USD value Not By Btc value .In Counting of USD we can say If bitcoin Reach to 25,000 Steem USD Value can go upto 10$ Max 55000 Satoshi in the End of 2018.So its a amazing opportunity for investor to buy and hold.

fundamental Analyst

Fundamentally we can see and realise that Steem has no Future,If bitcoin price wont become stable start falling Steem may also start falling.But Fundamentally Steem has Strong future.As we can see Bloomberg and big news media network Even BBC has praise Steem Network and called it A competitor of Facebook.
Even Mark zeburk is also aware of Steemit and He is also trying to produce a Facebook based Token and Jump into the Cryptocurrency market Like Steem.
Steem will rise i am sure because of some reasons.
SMT will produce new tokens based on Steemit.These tokens will have 5% shares of Steemit and Its like Erc20 Token as we know After development of Smart Token in ETH.ETH become a start many ICO and investment companies join ETH to launch their Own token Even Trx was running on ERC20 before the Test NET.
So in the end of 2018 When Smart Media Token will be produced completely,There will be chance that more and more reward based apps and websites ICO companies will make partnership with Steemit.These partnerships and investor interest into different type of reward based social media network will make the steemit a supreme commander of social media network.
Basically there are countless signup daily on steem.and steem community is very attractive and we will see the population and accounts will be on peak may b in 2020 or 2021.The more signup attempt indicate that future of Steem is bright.And steem is very attractive more and more investors have interest because this is the No 1 social media network based on reward.
Here we need some big news like hard fork as we see in 2016 when hard fork of steemit has been done by russian community steem price jumped to 0.005 Bitcoin which was the All time High.
So be positive your job is to attract more investors on steem and if bitcoin remain stable or Up Steem will be surely a Super Star in upcoming days. i am looking for at least 10$ price in the end of 2018.

Bitcoin dominance getting down and Alts getting uptrend is a sign of active investors are back in market. CUrrent market capital arround 400 BIllion with only 37% dominance