As you can see within twenty four hours bitcoin has treated us to 900$ and as soon as it touched 30 thousand there was a lot of selling pressure there which caused it to come down. Still my point is that if it holds above 31500 for a while we can see a $1000 pump in it and if it comes down and runs to 29800 then it gives us $700 dump.
The position of the hive has seen us improve over the last three days and the way we see it moving up somewhat within twenty-four hours. It still looks like it's going to treat me the same way for a few days. If it doesn't break its 41 cent support for five days, we'll see a nice pump inside.
Look at its chart and look at Bitcoin's chart, a good recovery from the lows it came in is in hive. Bitcoin is still standing there. This is a very good sign for the altcoins and if it continues like this for a few days we will see it go higher.
As bitcoin has touched 31 thousand, people have taken their profits from there, due to which the value of the dollar has risen again, otherwise it has been seen coming down for the past few days.
What we have been waiting for for the past few days is now slowly starting to happen as you can see in this chart Bitcoin Dominion is continuously coming down hence the double hundred dollar pump within Ethereum. And the pump that is there now has only come within those coins who are within the top 50. Now as soon as we see that the Bitcoin will stand in one place and its dominance will come down, then every alt within the constitution we will see after some time a pump of one hundred to two hundred percent.
[Let me know in the comments where you see bitcoin going in the next few days.]
