RE: RE: 📊 Wednesday Morning Cryptocurrency Market Check! (Hive & Bitcoin) 📊
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RE: 📊 Wednesday Morning Cryptocurrency Market Check! (Hive & Bitcoin) 📊

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1y

All time low unfortunately means nothing. The fact we are over 60% down from not top but the 2022 bear low of .26 cents meaning when Bitcoin bottomed at 15K we were more than double where we are now, tells me when Bitcoin is 50K which is certain during bear market period , hive has to be much lower. Some people assume since we went full bear during the period Bitcoin went from 15K to 126K up over 800% , it means we got it over with or something, the opposite is true, the fact we were so weak while the top crypto’s even the ones (99.99%) that didn’t make new ATH’s did go up a lot from 2022 bear lows , not to new highs but up 400%ish for many, just shows how much worse the ones that collapsed downward during bull period will do in bear period. !PIZZA !LADY

I’d say it’s 99% certain Hive goes below .07 very ya again but this time not just for a flash crash but sustained period. The only way it doesn’t collapse another 75% is if whales support the price and artificially keep it higher then normal bear action would take it. I see that as possible at some point but not enough to keep holding .10 or even .07 later. The truth is, and I obv don’t want this to be true, it’s likely we see sub penny best few years and a failure basically. Unless things change I fear that is likely where we go where hobbyist keep running nods but the bleeding from paying for all the DHF stuff just keeps sucking value out as we shrink users and newbies which we Gene been doing for years now. But I think there’s enough whales this next cycle who will keep that from happening soon and we likely bottom at .03 or .05 cents in 2026/2027. But again bitcoin bull cycle now finally doesn’t mean all alt coins go up. That’s the new trend and not a one off situation so hive if nothing changes could end up at a penny in 2028 or 2029 instead of timing it out to 2030/2031. The death of the alt coins joining bitcoin will be a new landscape where we could just slowly go down forever and be a failing blockchain as many will be. The fact we crushed down during bull cycle is a real bold fact and now Hive among many others need to act as it brings value and growth not just follow Bitcoin cycles.

@geneeverett: All time low | Ecency