Just because it's Friday evening and we all had a long week - well, I don't know about you, but I did - I thought to play a little bit with my favorite tool these days, yes, you guessed it, a STEEM chart.
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![Screen Shot 2018-04-20 at 9.29.53 PM.png](https://steemitimages.com/DQmYyqP8FKaskonAVdP9PMs6QpPjZJF5sL4U526MN6d925m/Screen%20Shot%202018-04-20%20at%209.29.53%20PM.png)
***
What you see above is the weekly price chart for STEEM during last year. I drove a line over the tops and added a few annotations.

What's so interesting about this chart?

Well, first of all, since some of you asked me if I know when the price of STEEM and SBD was $8 dollars, I will tell you that I've been around when the price of STEEM was 10 cents. That's the bottom hit on March 12th 2017, when STEEM was a meager 6,217 satoshis.

After that low, a big spike followed, taking STEEM almost to 100,000 satoshis. Oh, those were the days :) But what goes up must go down, so it eventually came back down to 9,985 satoshis on December (not pictured on the chart). Since Bitcoin was already to the Moon at that time, we didn't seem very concerned, because, in fiat, STEEM was worth just a little over $1. Ten times more than March 2017, right?

Then the big pump followed, in January 2018, when STEEM reached $8.01 on January 3rd and 60,575 satoshis on January 21st. Phew, what a ride!

Now, I want you to focus on this: _during the bear market of the last 3 months, STEEM bottom was at 22,384 satoshis_. Which means a _higher low_ than the one in November last year. Almost twice as high than the last low. And followed by 3 consecutive green weeks.

What to expect from all this?

Well, the most important thing seems to be the crossing of the line I drew over the tops - we already touched it a week ago. Crossing that line will be pivotal if we're betting on a STEEM bull run. The higher low we had on March 18th seems to support an upward pressure and increases the chances to pierce above the downtrend.

So, _if_ that line will be crossed and _if_ another bull run will start, then we should all get space suits.

If you know what I mean.

But even if we don't go to the Moon, let's just enjoy this Friday evening. Maybe have a glass of wine and watch a good movie. The markets will still be here tomorrow, next week and next month. 

Let's just enjoy the ride for a while.
***
_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
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