HIVE Reclaims 5 Cent
Good Morning Hive! And what a morning it is with another push upwards. HIVE Token is up +15% today and is back above the 5 Cent mark right now.
Is the bottom in?
If we look at the monthly chart, we can see that we fell roughly 95% from the Bull Market top of 68 Cents in early 2025 to a low of 3.7 Cents. Now we have recovered around +40%, which is nice, but to be honest, the chart still looks bloody.
If we can make it another 1–2 Cents upwards from here, I would say the bottom is in. But we still have to wait for that confirmation.
Looking forward
My hope is that we can make it past 10 Cents soon and possibly rally towards 50 Cents during the coming Bullrun. Anything beyond that is fantasy for now.
What do you think, guys? Is the bottom finally in?