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This is a good thing to see for this hour that STEEM is going up from its month low price of 15 cents but I am seeing that it is the BTC that is influencing it. In fact almost all alts are showing the same which is really a sign maybe of an impending ALTCOIn season.
Maybe that BAKKT is also influencing traders to buy ALTCOINS because they are expecting these cryptos to shoot up when BTC price goes up following the launch of BAKKT.
But if you are a hodler of any alts, steem, etc or even BTC it is just in my opinion to hold up and wait untill you can eventually sell for profit and not for a loss.
Always follow the golden rule of trading which is:
"Never sell for a loss"
The seven-day chart for steem is looking good too as we can see for now it is moving on the up-side probably because of the key factors like the said BAKKT futures trading by #nyse which is a physical BTC-backed exchange for institutional investors.
You know if institutional investors BUY and trade BTC they will really make the price to boost plus due to the fact that there will be a BTC halving event next year the future is looking so promising for BTC and altcoins alike.
So personally I am excited about what will unfold next week, at the end of the year and mid-year so I am just trying to collect as much steem and tribe tokens other here in the steem platform because we are in a low price point and it will not be in that situation forever, it will come up because of the stated reasons.
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