Sure the price of steem is up nicely over the last couple weeks, but this might be nothing compare with where we are going.
Check out the monthly chart:
(Source: https://www.mexc.com/exchange/STEEM_USDT?_from=search_spot_trade)
Based on that chart, which includes the prior highs of last cycle, and it looks like we could possibly break those highs during this cycle.
That would point to $2 plus price of STEEM.
It seems crazy to think about when we are barely inching up a penny or two at a time, but in full on bull markets crazy things happen.
Based on that monthly chart above, we should STEEM go north of that prior high of $1.50ish.
I can't even imagine what the price of SBDs might be in that scenario… perhaps $20 or so?
Are you ready for that?
The best way to take advantage of this lengthy bull market is to delegate your SP to @upex and earn as many SBDs as you can while this bull market rages for some time.
I have all my SP delegated to @upex currently.