According to my speculation from older posts, April-May is kinda my target month for a run for the price of Hive but the markets haven’t been giving any signs, it’s not going up it’s not going down, it is only ranging very tightly around $0.40 and $0.41 and sometimes $0.45.
If the price dumps below $0.4, we know it’s a sign to accumulate aggressively due to strong support at $0.38, and a run up to over $0.5 signals more bullish momentum. But unfortunately there’s no $0.5 in sight, for now, but what if I told you that this is exactly how it moves before making a big move?
Ofcourse I may be wrong but the fact remains that it’s either up or down from here and if the price goes down, it means one thing, that there’s a lot of upward potential.
Looking at the price of Bitcoin ranging around $28k after shortly testing $29k is comical, just look at it go, just a couple of few weeks ago, it seemed like BTC was never getting out of $23k zone, talking about local support at $22k, but look at it now. 👀. Despite the over $200m dump from the U.S.
Whereas Hive should have also made a new high but here we are, I’m not sure for how much longer anyway but I’m ready to trade any swings this time. Right now, I’m sickly sick and tired of $0.4 Hive, is a new price floor too much to ask for? Anon?
Someone asked me if Bitcoin was really going to $1m, 😂, I don’t know lmao, what I know is that if it happens, we will have more stuff to deal with than a Lambo season.