I Guess Someone Should Tell This Guy About Hive...

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As Bitcoin is behaving "strange" lately, it seems that more and more renowned crypto technical analysts on twitter are either hiding under a rock, searching for the next pattern to fit their narrative or simply admit their predictions were off the targets.

Kevin Swenson is one of my favorite TA guys on twitter because I consider him level headed and usually quite objective in his work. He's not your moon boy, nor your ultimate bear. He has nailed some targets, or lets say moves of the market in the past year or so, but...

... for a few good months, the market simply does almost everything, but follow the patterns he's been charting for it. I respect the guy, no doubt about that, but his "three peaks and domed house" and "bump and run" patterns that he's been talking about lately are simply not fulfilled.

I don't know if Bitcoin is still in a bull market, if it's entered a bear market or just flying like a balloon in a super cycle. I simply don't have that knowledge. All I know is this currency is no longer behaving that easily predictable, as it has, and that's what most analysts are overlooking.

The halving cycles we used to have for the past decade or so are probably off now and we've entered an era of acceptance and adoption for Bitcoin and the crypto space, that no longer "gives a fuck about halvings".

Maria Munoz, a member of the Congress of Deputies from the center-right Citizens party, has proposed making Spain a safe destination for investing in cryptocurrencies amid protests in Kazakhstan that have adversely affected the Bitcoin mining industry.

You see, we've come to a point where lawmakers are rushing to step in early in the mass adoption process of Bitcoin. We already have a country who made it legal tender this year and two American mayors that have one-three paychecks paid in Bitcoin.

The play ground is different and the players are of a different breed as well.

Someone should tell Kevin Swenson about Hive, SPK Network, Leofinance, CUB, Ragnarok, project blank and "WEB3 at play".

The future is in the making for Hive and it's not just about swing trading or leverage trading it. I strongly believe that the time has come when being part of a crypto project, getting involved, playing with its functionalities and growing with it is more important than just "having a portfolio" and trading the cycles.

Wasn't it the same with the dotcom bubble? After it popped, the true development started and the projects that had value to offer have become the winners over the long run?

I'd say we might be in that spot right now and Hive definitely looks like a winner. You literally have much more incentives to hold HIVE than Bitcoin right now. 2022 is looking to be highly promising with what @3speak has launched and what leofinance@leofinance is about to bring to the table of "the best community on Hive".

Instead of wasting time with these charts, I'd rather get involved with some project, if I'd by any sort of crypto influencer on twitter right now, because some of them will really pay good in the years to come.

Thanks for attention,
Adrian

I Guess Someone Should Tell This Guy About Hive... | Ecency