BEAR MARKET
For the last two days I wrote two different aspects on Bitcoin and my expectations for the future. You can check them out Crypto Bear Market Continues - What's Next ? and A Different View On Bitcoin and Ethereum / The Flippening Is Coming. I am sure you will find useful information to position yourself in an accoring way.
What is more important TODAY is that Bitcoin and the crypto market in general are heading for another short-term low. You know it's a good day when Steem is in the green, you know it's a GREAT day when everything is down and Steem is showing such strenght. This is great for Steem holders, because it shows that buyers at these levels are more than sellers. The logical thing to happen when this (bear market) is over is Steem to explode. (I am not implying that it won't go any lower, it might)
Highest Gainer In Top 50
You guessed it right, it's Steem! The best thing about it is that it's happening on a high volume ! This is yet again great news ! On the image below you can see for yourself. (Click on the image for full Top 50 List)
STEEM/BTC
Poloniex Chart
As you can see Steem is near highs against Bitcoin. This is an indicator for the partially broken correlation between Steem and Bitcon.