We are down 98% from 2021 high
And we moved down 65% from bear cycle low when Bitcoin was 15K. Can we stop pretending hive isn’t in a deep bear market while Bitcoin bull market went as normal please, this id getting silly. !PIZZA !LADY
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My post clearly stats the context of which the information provided is being spoken. My other posts about Hive/BTC relationship also expand on such. So you don't have to go exploring. In-short: Hive has dipped when BTC dipped but hasn't seen the green candles it experienced. This is most obvious in BTC last bull-run where Hive was at 0.18 USD just before the dip. With BTC dipping and markets swinging back and forth to some degree it now seems as if HIVE is now seeing some green candles when BTC does. A possible sign we have re-aligned. Lets hope that is the case and not just something that is short lived. There is no pretending going on here at the @rentmoney blog. At the time of my post HIVE did 11.27% increase in USD value over a seven day period.
That’s not a honest take of the story. That’s one day or one week look.
Hive was more than double its current price when Bitcoin was 16K, Hive was $3.35 when Bitcoin was 69K in 2021.
Hive was .15 cents so 50% higher when Bitcoin was 50K in August 2024. Any long look look shows hive collapse versus Bitcoin or top tier list of crypto’s. I love Hive, I’m just so tired of the takes only based on ultra short term timelines that don’t tell the true story. I’m not bashing u, I appreciate u!
it’s just an overall issue I see on our platform.
To expect that the history of two tokens as it relates to one another be mentioned every-time a day to day / weekly/ monthly analysis are being done is a big expectation. Its ok and fair to have a week by week/ day by day analysis or discussion of tokens without needing to clarify history. If hive is +10% in a week that is worth a mention. Not detailing full history doesn't mean dishonesty. In the world of Hive blogging we can safely assume that those interacting on here know the history. So the immediate swings are the more popular content that those who hold the token can immediately act on.
I certainly understand frustration with reports that only laser focus on the positive. Even more so now that hive is $0.10*. I also appreciate you and your comments. All interaction/ comments and view points are welcomed here at the @rentmoney blog.
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