Steem Prediction : Why May to July are the best months for steemit?
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Steem is running at the lowest of the lowest prices on coin market at the moment. But as per the previous data this is just a temporary fall. In July, 2016 Steem value reached over $4USD, it was the highest price for the steemit in that year. And from the month of September to April 2106 steem value went down the hill on the graph.
After few months of touching the lowest price in 2016, steem has been raised again between May to july in 2017. As shown in below. After july, steem value went down again for few months until January in 2017.
But in January 2018 steem value reached the highest of the highest, in the history of the steem value. But it was temporary and it couldn't able to maintain the average steem value. And steem value didn't go high again in January 2019, like in January 2018.
After all these comparisons, when you look at the months May to July, Steem value is rising in every year irrespective of the huge downfalls. As shown in below, when you look at the arrows, steem is soaring every time between these months.
So as per this prediction, Steem value might go again between the months May -July. I guess this is the time for investing more in steem, as it's value is very low at the moment. And hold on the coins until may to July. I hope steem will rise again like a speed rocket towards the moon.
Finally, this is just my prediction. I suggest you have your own research and think with own brain before investing. If you agree with my article don't forget to hit the Upvote button. If not, try to comment down below, i would love to hear your opinions.
Thanks :)