It is surprising how the price of steem has changed in the last two years, especially after the fall of the BTC in which the STEEM is only affected by BTC price decreases but not by increases. In other words BTC has arrived so far this year with a world very close to 3500USD and a maximum of 14000.
With the fall of btc last year also fell steem, but it can be noted this year that the rise in BTC is not driving the price of steem, however to lower BTC immediately low steem. The result is that even though BTC is worth more than three times its lowest price this year steem is still very close to its worst price for the year.
If BTC falls to 3500USD then what will be the price of STEEM?
Definitely the numbers don't add up and the trend is that BTC is putting the existence of steem at risk, but that's just a small analysis of mine, maybe I'm wrong.
