I'm a bit surprised by how the market looks like. Quite honestly I thought we'll see #BTC at $70K by the end of the year.
On the other hand I wasn't the only one thinking that, and the market tends to go in the opposite direction when the majority thinks similarly. Perhaps the bull will not be as aggressive as we thought. It doesn't mean we're entering the bear market though, even if we do, it will not be nearly as long as the last one.
Micro bears, micro corrections, just like the last one that lasted from May to October.
Hive
Hive is actually doing great, we aren't loosing any value in #BTC, which is a great thing. Support at around 3K SATs is just fine with me, especially when considering how we used to get fucked on every minor correction.
What's the reason behind it?
Is it airdrop, is it technology?
I don't know.
But I'm sure I won't be selling any time soon.
There's to much benefits for holding #Hive atm
Liquidity crisis could catapult the price beyond our wildest dreams. Think about it, once #SPK network comes live and people start putting Hive in the service infrastructure, there will be massive shortages of liquid supply, therefore it comes logical that the price will go up.
Yet again, it probably won't happen immediately, especially because we're all expecting it to happen, but eventually stars will align.
Gg wp lads.