The market is remaining very bullish! This is wonderful news for crpytocurrency prices going forward, and fantastic for users of Steemit! :)
After breaking out yesterday, both steem and SBD's have been forming consolidation patterns in the shape of bullish flags. This occurs when the price of the security is making lower highs and higher lows and is in a tightening range. These patterns are very healthy in a strong market! Also, these patterns tend to end in the same way that they started. What that means is that since they broke out before entering this pattern, they will most likely both breakout to higher levels once again!
My near term prediction for Steem and SBD's is $6.50 and $9 respectively. Above you can see my anticipated price action! :) As always these are just my besrt guesses and cannot be guaranteed! If they come to fruition however, we have a potential for massive upside from here! :) Thanks so much for reading!