The Blood Bath Continues But It's Not All Doom and Gloom
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A few days ago I predicted that Bitcoin would crash to around $35,000 - $40,000 I still think this is the number we should be looking at as everything above that threshold was based purely on hype from a few key figures.
While everything in your body is telling you to sell and get out I personally feel these emotions should be tossed to the side and if you seriously believe in crypto over FIAT and it's possibilities then you simply HODL and you STACK. Yes YOU BUY MORE!
When the streets run red and fear sets in you buy and stack up as much as you can (within reason don't go taking out loans or depriving your family of basic needs or yourself!)
I guess this is a good point to put in the disclaimer.
*This article is for entertainment purposes only and not investment advice. Before investing consider all risks and seek professional advice.
There's not much in the green as of the last 24 hours however we have seen rallies within tokens and coins across Hive. At one point Hive peaked at $0.44! As of Feb 27th we have also seen a MASSIVE increase in volume for Hive.
While many other assets are down over the last few days by drastic amounts there are some that are actually up. One of those being Hive.
Just look at that massive activity and it's been holding for a decent amount of time.
What I would be very curious of if anyone knows is if there's a way to see what account has seen the most activity as of late stocking up on hive. I have a feeling it's a pretty easy report to run daily if not already run.
Hive also has a few major projects launching soon. I believe they got delayed till mid March but that means March is going to start getting crazy here on the Hive block chain. I recommend resting up and getting ready to log 18 hour days right here on the hive blockchain! This is where the action will be taking place!
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https://twitter.com/bitcoinflood/status/1365897612948369408
I know what I am going to post mow in HIVE until the end! ^_^
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Don't you think the drop
has to do with the weekend?
By Monday we should go back up and running.
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It's possible but not this hard of a one. I feel most cryptos have been propped up by people like WallStreetBets and Elon Musk hyping the heck up out of it which is not a good base. Your good base value is somewhere around 35k - 40k
If bitcoin break 40k barrier
This will cause a panic attack to all traders
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It might be wishful thinking but Hive PUD is tomorrow so maybe people are loading up? Haha!
As for BTC, we're almost entering March which is always a time that BTC goes down due to people returning taxes and needing cash to pay for it. I'm expecting a lot of turbulence but for me, it's a good time to buy! Gone are the days where I fear 30% corrections haha
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I was just about to ask what PUD was and then it dawned on me Power Up Day lol Could be! I never really followed it. Are there rewards for doing so?
Haha I guess we'll find out when the PUD report comes!
Yes there are plenty of rewards available if you meet the criteria, check @traciyork profile as she is the event organiser. You get badges from Hivebuzz as well if you power up more than 10
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Yes, keep stacking those sats! I'm hoping for the "old" all time high to become the new support level. $41k-$42k. I think that would be a very healthy level to develop support from a TA perspective. If it breaks below that, it could very well go back and test $30k. While I'm not expecting it, it would certainly allow my little autobuys to get me more sats. If I had any inclination of selling it in the next year, this would make me nervous. But I'm a long-term hodler so the cheaper the price, the more I can accumulate for when it breaks into 6 figures later this year. My opinion of course...
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