Are you feeling the bull? I am.

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Bitcoin breaks 20k!

Are you feeling positive about the market?

Screenshot 20230114 at 5.48.37 PM.png

The green upward candle on the right of the chart tells a story of recovery that is welcomed.

That is, if you have been on DCA all these while over last few months.

I haven't been loading up BTC, but I have been buying Hive. So let's look at the Hive chart.

Screenshot 20230114 at 5.58.13 PM.png

Yep, Hive also show signs of climb, even though it is not as pretty looking as the BTC chart.

Now, stare at the two charts and tell me what you think.

I see they both have a recent massive red candle.

I see that BTC has a climb back to the price before the massive candle.

Hive hasn't undo the red candle.

I think it will. If we consider that BTC is the leading indicator.

If it does it will be climbing back up to $0.50.

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo and @hankanon!

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Well, we don't have any FTX or Binance FUD stuff at the moment, when it comes, things will change again. Enjoy the bull's bully.

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(Edited)

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It wont climb back to where it was in no time but perhaps in the next year or two prices would slowly but surely recover... And by that time id be having alot more hive, hopefully

!PIZZA
!LUV

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Do you think it can be maintained for a while or is it just momentary? the market is coming out of a bear market and some may start paying interest

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I think it’s going to be choppy.

I have a feeling that crypto is going to be different from the main financial market because of bitcoin halving in about a year.

Hot money on the side are eager to invest. Then retail will fomo. The whole of crypto will see the raging bull market. But it will go away fast.

Note to self, make a note of how much I invested and take them out when it has made the profits it deserves.

!PIZZA

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I can see it buddy
I don't have any coin tho am holding but am happy the market is recovering.
More time to power up and save for the future cus i know hive will hit $1 and beyond 😉

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I still think we are in a sideways or downward market still so I don't really think it's the right time just yet. It is good news to see a rally though because all the FUD has gotten people scared.

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I think BTC has enough legs to run up to $23,000 before a fallback to $19,000. If it does, that should pull hive above $0.40. Hive has a hard time pushing through $0.35, but I think it runs a little higher this week.

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