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RE: STEEM - Support line tested and broken... :(
I wonder how dependent Steem's price is on Bitcoin price movement?
I personally think even if we're going down in the short term, we appear to be finishing a market cycle. So long term, I expect us to break past previous all time highs.
No need to wonder. If BTC is going down, STEEM will too. There is no speculation and no science about it. It's a simple fact. I can only repeat, that as long as there is a dependency on BTC, all TA of altcoins is - let's say it politely - "not real fortunetelling" 😉
I agree !!! Thats the rule....
That is so right. We depend on BTC