According to my speculation from older posts, April-May is kinda my target month for a run for the price of Hive but the markets haven’t been giving any signs, it’s not going up it’s not going down, it is only ranging very tightly around $0.40 and $0.41 and sometimes $0.45.
If the price dumps below $0.4, we know it’s a sign to accumulate aggressively due to strong support at $0.38, and a run up to over $0.5 signals more bullish momentum. But unfortunately there’s no $0.5 in sight, for now, but what if I told you that this is exactly how it moves before making a big move?
Ofcourse I may be wrong but the fact remains that it’s either up or down from here and if the price goes down, it means one thing, that there’s a lot of upward potential.
Looking at the price of Bitcoin ranging around $28k after shortly testing $29k is comical, just look at it go, just a couple of few weeks ago, it seemed like BTC was never getting out of $23k zone, talking about local support at $22k, but look at it now. 👀. Despite the over $200m dump from the U.S.
Whereas Hive should have also made a new high but here we are, I’m not sure for how much longer anyway but I’m ready to trade any swings this time. Right now, I’m sickly sick and tired of $0.4 Hive, is a new price floor too much to ask for? Anon?
Someone asked me if Bitcoin was really going to $1m, 😂, I don’t know lmao, what I know is that if it happens, we will have more stuff to deal with than a Lambo season.
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You don dey do technical analysis too? Omo!
Well, personally, I am not interested in market activities. I am more considered about market cycles and all my plan is to get to a my defined position before the next bull run.
I think hive will Maintain this price range. What I do expect to go berzark is HBD considering it's small market cap and our wonderfully Korean friends.
There are not new hyped projects on hive currently, so I am not expecting any crazy demand to push price upwards. But I would like to see hive top 10cents before it peaks again (for personal gains of course. I dey find japa money .)
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Lol I do See-Analysis. When you wake up to look at these charts everyday for a couple of years, and see them before you sleep, some patterns will start to correlate. Lol. Mine started from pure curiosity, from wanting to know what was happening to still wanting to know what’s happening lol, became an habit then…a norm…I just basically talk about what I see and sometimes it happens to be as I say lol.
It’ll be hard for any pump to come out of hbd, the hbd stabilizer is doing excellent job in providing liquidity and converting excess hbd from any pump is used to buy hive and lock it in DHF which is good for the price of hive though but unlikely to happen. In any situation, hive is likely the winner.
Lmao never say never. I’ve seen many things happen in this space 😂
You know my day ones are still my day ones, Hive Leo, Splinterlands. Have you seen @cryptocompanyceo? Still building though.
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Lmao, you obviously don’t do TA or SEE-A😂
Brooo
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I can't ever remember observing charts. Moreover, general market sentiment hardly impacts hive.
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Or maybe I’m just hallucinating
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Yes, Hive has been range bound for a while. There are sharp spikes but people (or bots) sell into them and they don't last more than a day, sometimes less. That is a factor we'll have to deal with, if the sellers keep wrecking our rallies. But maybe someone knows who does this selling and what their plan is? Maybe they are implementing a stabilizer strategy for Hive similar to what hbdstabilizer is doing for HBD?
I wonder if those US gov BTC sales are on the market or done over the counter so that it doesn't move market prices?
And if BTC hits $1 mill any time soon, it may be because the dollar's purchasing power goes to something like 5% of what it is now. In that case, still no Lambo!
But I'm here for the social aspect so I don't care all that much about the above. Hive is great if you don't over-focus on the price and money aspect. So many cool people to virtually meet and interact with!
According to what I read around, how they sold it wasn’t reported, just that they already had.
Lol my thinking too
Yes I totally get that, for me, this is just some type of mental sport. It’s like solving a puzzle everyday lol
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Thanks so much for the reply! As I said, I love the interaction on here :)
Once we get close to halving it's when things will get really wild.
And that sounds quite far away iono 🤷♂️
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