Looking at the USD chart, we are free falling below the MA(200) and it looks like we are about to get crushed by multiple death-crosses. I think it is very safe to say that Hive is going to be scraping rocks for a couple weeks
Hive has always bounced very well in the bull market from these big crashes, so I would be expecting a rather fast recovery to at least $1
Hive has never recovered quickly after a crash like this.
If history repeats we are doomed for weeks if not months of sideways action.
I beg to differ! Hive has literally always quickly recovered as seen here:
Since July even to a newer higher high
You aren't worried at all about these impending death-crosses?
I doubt we pump immediately after a death-cross.
Gonna give it a week.
I remember the big "death cross" for BTC in May of last year... nothing happened.
It's always in times like this when people throw in the towel when they should be buying. Stupid me, I don't have any stable coins
I love lines.
Maybe we will see 10 cents again.
That would be load up time.
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I'd be very surprised.
The economy would need to experience complete meltdown.
Obviously... this is very possible considering what we see.
no way it's going to 10 cents anytime soon if ever again! Main support is at 20-30 cents. We should be at $4-5 in 6 months ;)
Fir me 20 cents will be a steel deal.