On March 28, I published a post that states 'Steem/BTC price has been nicely holding at the 0.00020-0.00021 BTC support level for about 10 days'. Today is April 2, which means Steem has been holding at this support level for 2 weeks. It looks like that Steem is ready to break the resistance and have a bull run.
It is also very encouraging to find that RSI is showing an uptrend in the recent two weeks. Note that RSI has been in a downtrend since price drop from late January/early February. This RSI trend reversal could be a very positive sign for an upcoming bull run.
Let's keep watching if Steem is able to break the 0.00023-0.00024 BTC resistance level. If yes, a bull run is expected. Otherwise, we will probably have to hold at this support level for a longer time.
An assumption of this bull run prediction is that bitcoin does not crash. Otherwise, ignore this post.
Personal opinion, not financial advice.