Hive is flat lined at $0.48 for two weeks. What's next?

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Two weeks ago, Hive dropped below the psychological barrier of $0.50. I posted about that buy point and I added some hive. Here's the old post Hive below $0.50

I was hoping for either a good price push up or a good price pull down. If Hive spiked, I would sell for a quick gain. If Hive dove, I would buy more for the next bull rush. But neither happened.

coingeckoflat.JPG After a very small spike to $0.53, Hive has bounced around in the $0.48 to $0.50 range. I have my next automatic buypoint at $0.42. Two weeks ago, I did not think Hive would head that far south, but after two weeks of weak performance and little trading activity, the $0.42 buy point is closer to a reality.

Hive typically is a pretty close mirror to Bitcoin.
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For the last two weeks, that has held mostly true when comparing the chart of Bitcoin versus Hive. However, Bitcoin has registered a few more troughs that were deeper. The last week of Bitcoin is running in a similar pattern to Hive.
I am longterm bullish on Hive. However, I anticipate that the next two months will be marked by several more deep dips. External forces still drive Hive prices.

I stack and stake Leo, SPT, DEC, SPS, Splinterlands packs/cards and Hive. Have a great week and leave your comments below!

Hive is flat lined at $0.48 for two weeks. What's next? | Ecency