BTC's price seems to be everywhere, and the good thing is that the momentum is still overly positive. The whole CZ Binance thing has died down a little and the most important thing out of this fiasco is that we didn't see BTC go below 35k, it's a good thing to hold that line, and this is because we do not want a negative momentum heading into what would be a mini bull market for crypto.
It's good because CZ is very influential and a lot of people were beginning to think binance would go down too. I got a particular comment from someone who was thinking that it was the end. Since CZ is going down, Binance would too. I had to educate her on the matter. A lot of noob crypto owners would think this way too.
However, even noobs are beginning to educate themselves because you cannot afford to remain a noob, and FTX yourself.
I guess this is the main reason why the CZ news didn't create something substantial to get everyone worried or concerned. The price fluctuations me seems to signal something significant and this is majorly because it's held the 36k range quite well.
I don't know if we'll test 35k soonest, but I feel that if we don't till the end of the year then it will be a very good thing. Firstly I believe that January will be a good month for crypto in general, maybe not only January but the first quarter of the year.
Inasmuch as I feel the halving won't have much impact, the halving FOMO will still create some interest for crypto and the price action might not really play a long-term impact. It's impossible to sell FUD at this period, and this is because we're past that stage now.
Coming back to hive
I see a lot of people celebrating huge milestones for themselves, I saw a 100k hive power celebration and it goes on to show you that the big boys are playing their cards right. They know what is at stake, they know that hive is capable of doing the unthinkable soon enough, and they just want to put themselves in favorable situations.
I've seen so many people holding and I won't really blame them
they know the market will be ripe soon. In a year from now, it might just be difficult to accumulate any more, and time to take minimal profit. The way I see it, hive is not worth selling at the moment.
Missing out on the potential x15 it might do in the course of 13 to 15 months is like a fool's game.
Howbeit, HBD offers a more defined stability
....and I feel that while it's too good to pass on the 20% it's even better to trade it. My health conditions have limited my plans and it's saddening, man proposes, God disposes, however, I'm a fighter and I'll keep fighting. I currently do not have any plans as I'm busy trying to find solutions to my health situation, however, this is another market update from me as I'll implore you all to keep building.
Building for yourself and helping your future, the future is now, don't miss out.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
