We are getting tired of waiting for bull markets. But hopefully it will start soon and maybe it will come suddenly without our knowledge. But the message of hope is that it is 100% sure that it is going to happen this year itself. And with that optimism that $steem is an undeniably good quality coin in the upcoming bull market. $steem is one of the best projects if you consider some ecosystem. Hopefully this coin has a very bright future in the coming days. Although currently its price is much lower. If we look into the past, we can see how much the $steem price on other exchanges has peaked around $1.4 in the post-Bitcoin halve. But it is listed on popular exchange site Binance around 2022. Currently it is slow but it will definitely satisfy every investor and $steem user.
[source](https://pixabay.com/photos/blur-chart-computer-data-finance-1853262/)
We occasionally see a good amount of pump in this coin. Although currently its price is around $0.13 but last few days we saw a great volume and a good pump which took $steem price to $0.157 with more than 15% rose in just few hours. You will occasionally see these types of pumps. Especially when its prices are falling, it pumps up a bit again in a short period of time. We must take the best advantage of these pumps.
But at this time it is trying to stay stable or try to go up a bit. But as Bitcoin dominance has increased to a large extent in the present time, it is also waning a bit like other coins. So the price of $steem has come down due to increasing bitcoin dominance but not too much and volume is still in good position which indicates a good bullish move in coming days. This could be because the pump has not yet finished or a bullish trend has resumed. Currently it looks like its price or volume is in consolidation phase and range bound for some time.
But I hope a better pump comes along soon. At this time $steem may break the above levels and even exceed $0.20. $steem is gearing up for a bull run and will surely excite every $steem user. I expect $steem to reach $1 by the end of this year and it will be a great time for profit booking. Although this position is at a very low level but I am optimistic that it will do much better in the coming times and put all the investors and users in a good position. But till then we have nothing to do but wait as not only this coin but every coin is down now.
