Steem is on the rise, we just reached 1.08$ on coinmarketcap.com after dobbering between 98 cents and 1.05$. This is very positive. Steem showed us resistance at 98 cents and didnt go any lower wish is better then in june/july when steem dropped to 78 cents.
Bitcoin is rising aswell after a healthy correction and is above 5500$ again.
Don't forget people who are holding bitcoins will get 1/1 free coins when hardfork occurs. (bitcoin gold)
It might be traded at 0.2 BTC per coin.
From what I understand there are 2 hardforks, one for bitcoin gold and one for bitcoin segwitx2.
This will all be over after midnovember.
I expect prices to rise more in the next week if I am not wrong. People know from Bitcoin cash they can get a nice amount of extra's and that bitcoin, even if it will drop by price, it will recover our fantastic leading giant haha.
GOOD NEWS: the profits made by all this must go somewhere and I can remind you that a nice piece of the profit probably will go to altcoins, so now you understand if I tell you that it could be smart to invest some in altcoins before prices will like skyrocket haha.
Here's the grapic of steem and Bitcoin:
ENJOY THE RIDE!