Does this have to happen?

in #bitcoin9 hours ago

Some seem to think we need this dip to go higher

Does STEEM need to drop all the way back down to this level before we can go higher?

image.png

(Source: https://x.com/BitQua/status/1862110314709266826/photo/1)

Some seem to think so.

I personally don't think we need to drop this low.

I think this drop to $.91k was enough for us to bust through $100k.

We may need one more dip back to like $94k then we bust through $100k.

The thirst test is usually the break out test.