Is Bitcoin Going For Another Push?
(Bitcoin daily graph - up nearly 2%)
Bitcoin has been bouncing around doing all sorts of things this past week, it can't quite seem to make its mind up can it? But right now Bitcoin is almost up 2% on yesterday and is currently trading around the $62,400 mark, which is a fantastic price for sure.
We are sure Bitcoin will attempt another leap before the moon is over, we also think that Bitcoin might be able to hit another all time high again very soon. Plenty of the fundamentals and technicals are in place. Things look hopeful and perhaps, maybe just maybe today's new climb could be the start of a new leap.
As for Steem it is still hanging around what has become a new default position of $0.55-$0.60 for the past month. It seems that Steem, like so many of the other Alts, are waiting before it decides where to go next. Nonetheless where Steem stands right now is still a solid position to be in.
It's worth reminding ourselves that last time Bitcoin surged to over $60k back in April Steem was trading at $1.37. Now then, we have already seen in the current Bitcoin season that it has managed a new ATH, this bodes well for the whole cryptosphere. But so far, with the exception of the main alts, the alts haven't moved too much. Take Ethereum for example since Bitcoin started climbing Ethereum has done well and is up 57%.
(Ethereum monthly trading graph - up 57%)
Compare this to the Steem monthly price performance and you can see that Steem is up only 30%. That's still decent growth but not as much as we would like to see once we are in what will hopefully be a new Alt season very soon.
As always keep the patience and keep the faith!
The ACOM Team
A C O M
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Some quick updates are always good. I think btc will be giving us a new all time high next month itself. i have seen people betting it going upto $100k but i don't know if that will actually happen.
For sure i would love to see that happen but again that remains a question until that happens.
After bitcoin completes it coming bull run alt coins will be waiting in the que to start their run. Q1 of 2022 will show us that i guess. Anyways who saw the biggest downfall this time ?
BTC seems a bit shaky at the moment, but I sure hope it ticks up in the next couple of days, as I have some I need to convert to USD on Monday... and it would be nice to do so on an upswing!
Have a great weekend!
O siii que steem siga creciendo!! Que nada lo detenga!!!
hello dear friends @acom good afternoon
I think that bitcoin must be given a little time, I think that he is thinking about the next jump, which I think will exceed $ 70 thousand dollars
As for steem, I think it is very comfortable in that range, I hope it takes the determination and exceeds 1 dollar per unit
Thank you very much for this information, I wish the whole team an excellent night.
Que continúen las alzas 😜🙏
Si eso es lo que quemeros steem🚀