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RE: ScaredyCatGuide Calls It - STEEM Price Action is Dead!
I've noticed a trend where heavy Bitcoin, ETH, other major coin activity leads to lower STEEM volume and volatility. I believe there is only so much trading activity to go around and for the past couple weeks it has been focused on Bitcoin.
Yes, that makes sense. Especially with everyone waiting on the fork and segwit2 there was bound to be action on BTC. Next few weeks should be interesting, maybe see a rotation come.