Hive price is in free-fall. It's following the general crypto market, of course, but when Bitcoin dumps, Hive dumps, but it's not quite pumping back as high as it was before even when BTC returns to ATHs. It could be that more people are selling than buying, or perhaps the usual Hive sinks aren't working at the moment.
Splinterlands was a pretty good Hive sink but I heard they're not doing quite as well as before. There's also talk of the price of BTC having already peaked for this cycle. Some say the 4 year cycle is going away due to institutional money pouring into BTC.
The Trump v China, Trump v Everyone, US Government shutdown, USA FED cuts or no cuts issue, are all contributing to the general low macro environment. Let's see what happens in the coming days.
Peace & Love,
Adé
These days: FUD high - Sentiment low.
My view is that we are close to a local bottom when I look at Fear & Greed. Even OGs start loosing their believe in the BTC Bull.
I agree. It reminds me of the 2021 blow-off top moment. It seemed like the world was about to end, Russia just moving on Ukraine etc.. and boom!
So you believe the 126k was the BTC top for the next 12-15 months? I don’t but we could get a steeper correction before the Bull is Coming back Q1-Q2 2026. New Fed Chair in the US will bring down rates signifikantly and this will booster all Risk Assets imo.
I think we will reach at least 150k like Michael Saylor said. I think it will happen actually in 2025, around December. Than I just get the feeling some stupid crap will happen that will destroy the entire market and send us into bear market :)
Definetely a possible scenario.
For two minutes when I'm asleep 😂
hahaha. don't blink
These are challenging times for Hivers, but it's still fun for me. You would think with all it offers that the price would do better, but we are just not growing much. I just don't like the corporate platforms much.
hopefully things improve in the long run