Did that title get your attention?
HIVE
One week chart.
Man does that not suck?
Let's look at:
BITCOIN
Now let's look at $LEO
LEO
Everything is sucking.
LEOFINANCE DHF
The cryptocurrency world is coming to an end.
Oh, by the way you can support the DHF.
BUY THE DIP
When we first went into the bear market, I think everyone was saying buy the dip. As it continued, Hivers said keep building. I think both are wise.
I ask a question yesterday on the cryptomaniacs thread cast about the BlackRock ETF. If being approved or rejected will have an impact on Hive.
Task stated that it won't. And I 100 percent agree.
But. For the people that look at price it is a giant effect. As most alt coins follow the grandfather: Bitcoin
As you can see by the charts above.
Why is Bitcoin price down today?
"Bitcoin price is down today as the crypto market reacts to the SEC’s delay on approving or denying the recent ETF applications and traders wait for the FOMC minutes from Jerome Powell."
If you see the positive in everything like I do then you will love this next quote from the article.
"The contraction and low volatility in Bitcoin price have some analysts comparing the current BTC market to the pre-bull cycle of 2015-2017."
Charles Edwards
“While we are still in a technical bearish breakdown from $30K, the lack of a downward follow through in Bitcoin’s price is somewhat promising. The reason being, if the price was going to collapse, we would usually have seen that follow through by now. Nonetheless, a close back above $30K on the daily timeframe is required at the minimum as a technical confirmation of a failed breakdown. When that happens, we would consider that quite bullish.”
TEN CENT HIVE
it is only a dream. Day traders panic. We all know we are coming out of a bear cycle. Sure it might be 2024 sometime before we see one dollar Hive again.
We have to keep building, earning, hodling, and buying the dip.
One day Hive, price wise, will break free of the granddaughters influence.
And if you are a Hive believer you future is bright.
Bradley