Bitcoin on its Way to $11k - Steem Loosing Value.

Not long ago, most of the people thought that the Bitcoin is dead and it won't reach its previous all time high. I don't blame those people because we saw Bitcoin drop from almost $20k to $3k. Now, spare a thought for those people who bought at all time high and sold at the recent all time low.

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Just a few months ago, we saw Bitcoin at $3100 and who would have thought that it will hit $10 so soon. Well, we are well over $10k and might be hitting $11k soon. There is a lot of positivity among the people and everyone is talking about Bitcoin. Crypto pundits are saying that Bitcoin is on its way to $40k.
While on one hand, I am very happy that Bitcoin is doing great but on the other hand our good old Steem is loosing its value. It looks like Steem was pegged at $0.4 for a long time and now it is going down. I remember those days when steem was ranked number 25 on coinmarketcap for a very long time but look at steem now, it is ranked 69 now. People say that alt season is coming - fair enough, but I think steem should be valued much higher than what it is today.

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I think we will just have to wait and see what steem does when alt season comes. I just hope that we reach previous all time high because almost all of my cryptocurrency investment is in steem.