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HIVE MARKET UPDATE ON 24/01/2024

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player101325.4611 months ago2 min read

Today HIVE market has just start hit below $ 0.300 mark which the latest recent lowest price at $ 0.95 . It has been went down from the previous all time high at $3.4183 following the $BTC bearish movement . It was not just impacting crypto market , but most of the financial bearish movement since that date .

https://images.ecency.com/DQmWYZAKiVgtCYaSVgMQe83j9a9PzB6tkfAhCtF8kHMgxPM/image.png

While currently the $BTC market price has start to showing bullish movement but in other hand HIVE still declined its price and showing bearish movement day by day.

This was the HIVE market movement for 1-week period time which show the bearish movement .

https://images.ecency.com/DQmTwooUkaSPjH3JoThD9xWQwJ9iMUZH65BV5WPLCcW1Ecc/image.png

Which actually following the BTC market movement for weekly time period :

https://images.ecency.com/DQmaNeuagwnr1YFFzakL6unbvkQcaRrus3kap6JEa53SHBV/image.png

While BTC showing bullish movement one year time period :

https://images.ecency.com/DQmYoMuGMF1E4ukFY7n2svpNqDBcySM3rFTK3EBrVXxivst/image.png

HIVE was showing uncertain market movement into bearish trend until now.

https://images.ecency.com/DQmSHZxFKDABK8GBHYGfvsKqjvm1tb9invZ49grpy2z93cK/image.png

I have closely monitor one of my favorite crypto , ADA which has the similar price before it follow BTC movement and gaining 100% bullish movement leaving HIVE price behind.

https://images.ecency.com/DQmbvNUJCBxgdV9Uu594zHescveo163RUqCDGXNfebppRLw/image.png

93 days waiting for Bitcoin Halving

This was timing that we are waiting for , for those who familiar with HALVING will be happy to wait this time period . During halving period , according to previous market , the BTC value will start to pump up . At that time , usually all crypto will follow the lead of BTC .

https://images.ecency.com/DQmVPXMpNzJK7PhctnNGfZBfWmLoPFruowUBympQGSdRt7s/image.png

IT's GOOD TIME TO BUY AND HOLD

While HIVE market keep reaching the bottom of its price , i think it ll good time for us keep buy at low and hold it . I believe this was the great oppurtunity for us .

I hope i can get more HIVE and turn it in HIVE POWER during this lower price. Thanks for stopping by , see you in another journey.

Posted Using InLeo Alpha

Posted Using InLeo Alpha

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