How much steem will go down?

hendersonp (66)in #steem • 5 years ago (edited)

Hello friends, I hope you are very well, I have noticed that the market of the criptomoendas is behaving in favor of BTC but against the rest of the altcoin, for a month we have seen how the btc has been strengthened and most of the altcoin they have gone down in price with parity $ or with luck they have remained "stable", but if we compare them with the BTC almost all have decreased in their relation with the price in satoshis, of course some more than others in this case I will focus on our favorite token the steem, these last weeks we have seen a constant fall in the price of steem, 4 weeks ago we were in 14100 satoshis by steem while today we are in 5380 satoshis by steem (the lowest price since its creation) which implies almost a reduction of 3 times the value of just 4 weeks ago,in a practical example we could say that if 4 weeks ago we had spent 100 steem at BTC today we could repurchase almost 300 steem, no doubt this situation is not pleasant for any steemian.

The most difficult question at this time is What do we do? Currently we are graphically without support the last was around the 6 thousand satochis and although we did not break with force that support seems to continue the slow but steady fall as the BTC signals that it wants to continue its rise, it is a complicated time to leave At this time our steem can be counterproductive as it is never advisable to sell at historical minimum prices, some people might say that it is the best time to buy and unquestionably this is a good steem price but will it not go down anymore? What do you think?

Hasta luego steemians y recuerden HOLD!!! !!!