Crypto market was under pressure due to Iran war. Now crypto market is again gaining upward momentum. Bitcoin is currently has crossed $78000 price range. This is a big thing that happened after many weeks. It even made its 52 week low of $63k in February this year. From this point to 78k price range it has gained 25% upward movement.
Hive price has also improved. Current hive price is $0.63 which is very nice because it has dropped below psychological barrier of $0.06 and was under that price range for many days. So, we are seeing a good rally in crypto market. But I am still sceptic about its sustainability. This may be a trap for the retail investors. So, it is very necessary to do research before involving in buying frenzy. I think fear of missing out is the reason for the destruction of wealth of most of the retail investors. It is not wise to put all of your money once. Patience is necessary.
Note: This is not a financial advise. Please do market research and study before buying or selling.
Thank you!
