For those of ya'll watching the whirlwind, looks like the trek up, if it continues is not going to be relatively direct but may have some vallies and rivers that need crossing along the way. Like mighty Icarus one might worry if it flies to close to the sun and the wax melts before a new all time high and the FOMO, "fear of missin out" leads to even new uncharted treasurers.
Despite skyrocketing the past few days. BTC temporarily dropped below $12k, all the way near to $11,700, but then has rebounded about a 1k, to $12,700, but still below $13k. One might wonder where we will be by Sunday and what we will think as this week closes?
The ride may be a roller coaster, but for those interested in steem/sbd and independent social media, what this all means is less a direct correlation of BTC--at least at this point. But it seems steem keeps increasing in the ratio against sbd.
But as of writing this article, the price dropped agains to $12.6k, and now $12,409.00. Seems like $12k, or at least above $10k, is the new norm, but will $15k be crossed, and if so when, how long from then to all time highs if that is how it plays out? These drops and spikes seem like could be a good time for those who aren't faint of heart to do some quick trades??
And now before pressing publish it's $11,717.50. What a ride.