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What happened a week ago? by raserrano

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· @raserrano ·
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What happened a week ago?
Hi friends,

I've been through 2 steemit blackouts and also 2 Hard Forks. Updates and enhancements always seems to generate lots of excitement and a possible pump in the coming weeks. I was expecting this increase in the week prior and after the HF but not counting on a free pump from a blackout. As you can see here in the [bittrex page](https://bittrex.com/Market/Index?MarketName=BTC-STEEM) there have been 2 pumps at the moment. 

![Selection_006.png](https://ipfs.busy.org/ipfs/QmPPjcovAA4uNpANhjNXzLWgVbk9k72PLMCXrKTQ4gWu7k)<sub>There you can see the 2 pumps or waves in an uptrend channel.</sub>
This is not quite the movement I was expecting because hard fork should happen tomorrow and the effects should last for about 2 weeks before either going up or correcting. 

On the other hand, if the uptrend keeps going on like the picture below:
![Selection_007.png](https://ipfs.busy.org/ipfs/Qma3txhhEx3tmVirFr5oviFYuE8gEMZR3E9qBbnXBxddWH)<sub>Major uptrend movement since this months lows</sub>

I'm hoping for a future increase in the price and hopefully wider adoption and increase of trading volumes which pretty much should push the price up.

Steemit and #steem seems to be gaining momentum before even the change is released (HF20) and even though some minor obstacles could show up the end of the year looks promising in my opinion. 

What do you think? Last week I was not even able to post and now price is going up? Is there any other relation that I might be missing? 
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vote details (14)
@jrb450 ·
Markets typically price in events before they actually occur.
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vote details (1)
@raserrano ·
That is interesting but how about 2 times?
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