I suspect some Bitcoin whales could be dumping to bring down the price and try to buy more Bitcoin when many new investors start to have panic selling. I also suspect that there are many Hive holders may have sold their Hive tokens to invest in Bitcoin. Maybe when they earn after the halving of Bitcoin, they will use their profit and gather alt coins like Hive again. I guess there will be a nice pumping after halving but no one can predict the unforeseeable especially it depends on the perception of investors.
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That makes lots of sense... its going to be a nutty 2020 :)