Is steem bottoming out?steemCreated with Sketch.

in steem •  7 years ago 

Lots of momentum indicators are starting to hit extreme oversold levels.

Are we due for a steem run?

These last 2 weeks have been brutal in the steem market.

After hitting around $1.72, it's been all downhill every day since.

Hoping for a change of momentum here soon.

What do you think, time for a reversal or more downside to come still?

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Calling @originalworks :)
img credz: pixabay.com
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Yes you told right that after hitting 1.72$, it's been downhill day by day but I think it's a time for reversal.

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Am real BULLISH long term Steemit and the platform

Thanks for article.
I think the whole crypto situation is about to break loose. There is so much media on the topic. So much "scare" being put out there by bankers.
It just seems like the time has come.

Thinking on it .....

To me it is Crypto vs non-crypto digital 'money'
But it is also about Owned vs non-owned systems
All we the users, need is an "app" so I can pay you or the merchant.

No need for plastic cards.

And it is this that has the elite bankers scared IMHO