Bradley's Market Report for 16th Feb 2021 - The Hive Effect

in #ctp2 months ago

Hello all my wonderful Hivians,

21nov2020graphic.png

The Hive Effect. What happens when the price of Hive goes up. Doubling or more. As of this writing $0.3437.

First thing I had to do was adjust my selling price of BBH down to 0.00143.
That is almost half of what it was yesterday. To keep in line with 1 BBH equalling 1 Satoshi.

16feb2021bbh.png

Another effect was people selling their favourite tokens. I am assuming to "cash in" now that Hive is up. You can see this effect in the graphs of CTP Token, Leo and Index. And I am sure in others that I don't cover.

16feb2021index.png

16feb2021leo.png

16feb2021ctptoken.png

Also, as I stated yesterday, for example, CTP Token started around 10 cents USD before Hive rallied. Even the graphic showing it down (against Hive) it is still around 10 cents USD.

Bitcoin: $49,214.38

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Have a great day all.

Bradley