...since the last time I saw Steem pumping up like this. It definitely looks like someone is buying hard. This 2 year long bear market, or should I say "normal market", has been so ruthless regarding our beloved currency -USD wise- where even a small pump like the one displayed below is worth being celebrated...

Now the real question is:

Do I really expect the price of Steem to keep going up and maybe just maybe cross, the 0.15$ resistance level?

Maybe, but that doesn't necessarily mean that it will stay above it hence...to create a new "higher floor."

Funny, isn't it? Who would have thought that 2 years ago, that there will be a time that the price of Steem would dive would dive at 0.14$ and at the same time a small rise in price would even worth to be mentioned.

What's even more interesting is that this spike in price occurs at a time where almost every single alt project is being hammered once again, while the price of BTC as well as the price of every top contender is declining.

Don't forget also that in situations like this one, bots, that happen to control the largest piece of the pie when it comes to trading, are triggered...

That could eventually lead the price to climb even further or drop like a brick...exactly the way it was pumped up.

In any case...some "green" here and there is also good for our psychology. You see people do not invest in dead projects, and Steem is far from dead. It is actually the epitome of development.

PS. Do not be discouraged even if the price returns to the usual levels...

We are here to build after all...

Have a great one guys.

Cheers!