I had this feeling that the price of Hive will pump soon after the AMA with Huobi. I was of the opinion that since, Houbi is having an AMA with Hive, they will probably list Hive soon after the AMA.
I had set aside a few hundred Hive coins for selling in case of a pump and then re-buying them later when the price would come down a bit. To be honest, I had never thought that Hive will pump so much. I sold my Hive at around 3000 Satoshis if I take an average. I have not been able to buy back at a lower price and probably it won't be possible any time soon.
I wrote a post the other day where I wrote that "in a worst-case scenario, Hive will drop to 40 cents". You can check that post here. This is probably the first time I have made a correct prediction of the price. I wouldn't have been lucky with my prediction if the market had not started to rise.
So yes, for now, I think Hive has bottomed. I don't think we will see any crash any time soon because of BTC having. The Bitcoin has finally started to rise in price and as always, it drives all the altcoins with it. Hive will follow BTC also and we might see Hive over 50 cents again soon.
Of course, this is not financial advice.
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