Image edited by me using Pinetools
As we have been able to realize, the fluctuation of the price of alternative currencies has always been influenced in some way according to the value of BTC, we can also appreciate this phenomenon when we analyze the historical behavior.
Currently, BTC is in a bull run where many speculate as to its maximum value for this season.
We can hear outlandish claims that visualize a BTC at 1 Million dollars. Although the market is still receiving significant increases in its capitalization, there are no real indicators to make such a claim.
We must be attentive to capital injections.
The increase in Market Capital is the one that will determine the increase in the price of some cryptoactive. We could see this with the recent investment of TESLA with the purchase of 1.5K Million Dollars in BTC, which was the trigger for an increase close to 50% of its previous value, starting from a value of $ 38,800 (MC = 53K Million $) on Feb 8, until reaching $ 57,500 (MC = $ 61K Million) by February 21.
New investments are currently being made. Oil tycoons (Kjell Inge Rokke) have their eyes set on BTC's strengths. (I recommend checking 
A considerable investment on the part of these people could bring a further escalation of the price of BTC. But beyond this, we should think about what would be the true intentions of the world oil sector after the adoption of BTC. In my opinion, rather than seeking to obtain more profits due to an eventual price increase, I believe that what is sought is to give real use to this cryptocurrency as a unit of value.
This would allow the amounts of international transactions and contracts to be established in BTC, further strengthening the power of cryptocurrencies in general and reaching the cusp of the philosophy that inspired its own creation.
We must bear in mind that when these investments are made in BTC and they obtain good returns, as is currently happening, investors always move part of these profits to other currencies, as is the case with HIVE/STEEM.
Currently, Steem is reaching the 5th anniversary of its creation, it is a solid project that has managed to increase the number of users and generate trust.
For its part, HIVE reached its first anniversary on February 20, demonstrating solid growth in its user base and admirable stability in the price of its currency.
The rise in the price of HIVE/STEEM is benefiting both content creators and large investors, who have placed their trust and kept their assets at stake instead of taking them to exchanges.
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