A few days ago, I made a post saying that the BTC pump that got us to 80k wasn't going to continue to like 85k or something more than that.
The reason is because I felt the pump is not the type you'd typically see in a market that's not supposed to be green.
What I mean is that, the pump makes everyone forget the the market is supposed to be bearish, but the green we've seen in just over two weeks makes people forget this.
Actually I don't blame anyone for feeling this way, we actually never got a proper pump since 2021 and because of this, a lot of people are of the illusion that the market will pump out of nowhere, without following the structure we've seen or maintained for over two years.
I don't think this will ever happen.
Now back to my prediction.
The BTC price is back to 75k, and it's dragged back the price of Hive a little, that significantly pumped from 4 cents to 6. However I honestly think that correction, drag back or consolidation (whatever you'd call it) was coming and it's completely necessary.
Hive has these surprising phases where it just pumps against BTC and dumps against it. Hence, this is probably why we have the phrase"Hive's time always comes".
But, not to deviate again, my point is that BTC at 75k is healthy, if it stays at 75k or maybe slightly dips to 73 or 74k I still think it's good. It might only become scary if we see it dropped to the 70k or a dip into the 69k range.
I think if it does, I won't necessarily say it might go back to the 58k or the bottom range which we saw about 3 months ago. I just think if it does, then we're probably not going be seeing the 370k top I predicted for BTC in 2028.
The reason is because the more we approach the bottom levels, the harder it is to hit the prices that should be possible for 2028/9. If BTC however continues to hover around these price ranges, and probably bit 85 to 90k by December 2026, then I think at least 300k is possible.
However, let's factor the fact that BTC underperformed in the last cycle, there's a possibility that it was never meant to be the "million dollar asset", and that the price was going to get capped at some point, instead of hitting new ATH at every cycle.
Don't get me wrong, this may sound like a conspiracy theory, but it's just me thinking out loud, looking at different angles and looking at different things entirely. Keeping an open mind in crypto is important, analysing every possibilities and looking at different angles is actually important.
So, this is theory, I think more money coming into BTC means the ATH will continue to be broken, I don't know if it's the same for BTC, but I think we have to consider ETH for that.
ETH is not a conventional alt, it is THE ALT, so we probably have to look at it's movement because it is like a mirror for other Alt. Back to BTC, 75k is looking really good at the moment, and if I had taken my advice, I would have probably made some money by shorting BTC when it got to 80k...
but then I'm already too broke and beaten into pieces to actually make any moves in this market, perhaps I'll raise some capital along the way and reward myself for analysing the market properly. Whatever it is, I think there's hope for this cycle.
There's hope after all
Hive is not looking dead, on the contrary we can see there's life in it. We can see that the pump is there, and this is probably the beginning. The light is not completely off.
On the contrary, you can see a few people who are actually buying back from selling at the top, it's your cue to see that 3.7 cent may have been bottom, and surely 58k still continues too look like it was the bottom for BTC in this cycle.
If you're looking to buy BTC, I think September to December is the right time. Hive still continues to remain primed, and honestly without sentiment the market pays off, when you're throwing in some cash when it looks to have bottomed.