Bitcoin did break out during the week end and right now it is going at $8,800.00 which is, I think, mighty impressive, it has more than doubled its value in two months. I have read a lot of Technical Analysis articles and most of them agreed that the bull run wasn't here yet and that Bitcoin was going to stop at $5,500.00 and then plunge to levels lower than had been seen since three years ago.
Then this forecast was modified to $6,000.00, then to $6,500.00 then to $7,000.00 but then it went up so fast they weren't even able to forecast the $8,000.00 resistance level, this just tells you that TA is as accurate a science as astrology, it hits some and it misses some but not because of it being that good for predictions but because this market is so volatile that whatever is predicted will probably happen at some moment.
Now, I as a complete dunce in the crypto market or stock market and also as someone who hardly ever gets it right predict the following, it is much more likely that BTC will hit $10,000.00 before it hits a wall and stalls for a while it could go down a bit but it will go up, and probably it will hit new highs in not such a distant future. The one million somebody predicted? I doubt that but it will go to high places, I am guessing at least 50 grand.
OK, I am not good at predicting so don't put too much faith in my word I just might be wrong. But also, I think that in a couple of months we will see the price of most alt coins start going up substantially and of course I think Steem will also go up, not because of any measures taken by anyone but because the market is what it is and Steem is there and has to have a good run every once in a while (of course it could also disappear, but I find that highly unlikely), in fact I think Steem is not doing that bad right now.