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11/17/2022

Crypto market indicator

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Just sharing something to see crypto market sentiment which is the price of SBD (Steem Dollars). 

No explaining about the token but if you are in crypto during 2017 and you know.
 1 SBD supposed to be 1 USD but;
​
Bull market = 1 SBD above 1 USD and up trend
Bear market = SBD down trend and 1SBD => 1 USD is a bottom sign

​It is surprising accurate so far. 
Picture
It looks getting closer to 1 SBD = 1 USD which is a starting of bottom sign and expect years of side way, it was 2 years of side way 2018 - 2020.

Let's see if this still works. 

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