Look at this STEEM DOLLARS #SBD pattern, ain't it beautiful? It is coiling up following the BTC run-up. So what does it mean? In my opinion SBD will hit a greater value soon if BTC would maintain its bullish movement. So I guess SBD will target around $10 dollars and up, but the key factor really is the #Bitcoin price action.
We could only imagine how high SBD alone could go if Bitcoin finally reaches 80L to100K or more. So it remains to be seen and by that time I do not think that SBD will go back to its supposed normal peg of one SBD to a dollar all because of its demand plus the fact that all cryptos by that time had gotten high up as well with many surpassing their all-time high #ATH prices.
It is very good to get involved in #steem economy and community because we are now rewarded through many means like curation, trading steem and sbd in exchanges and in the steem internal market, via content creation, contests, or even curation service. Good times ahead in the steem platform.
Thanks for reading. :D
