Shows how mismatched supply and demand is.
Huge $HIVE sellers consistently dumping and nobody with a reason to soak up that supply.
So what happens is price slips lower and prints gaps like that
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Shows how mismatched supply and demand is.
Huge $HIVE sellers consistently dumping and nobody with a reason to soak up that supply.
So what happens is price slips lower and prints gaps like that
Logically, since there is more supply than demand, by law, prices fall, but according to theory, the market will tend to fill those gaps sooner rather than later.
And for that to happen, Hive must rise to the aforementioned levels. But of course, that's according to theory.