We all know that the movement in the price of BTC always have an effect on other altcoin and this is the main reason why even if you don't own btc you will still keep your eye on it. This year BTC has shown some promising movement and to me this year will be a great year for crypto.
I can't deny the fact that I was a little bit scared at the beginning of the year when everybody was insisting that we will see BTC at 8k which did not happen we have had a good run in BTC since then reaching 25k before having this little setback but immediately the market dropped we are already seeing some people insisting on 8k btc but that is not what I'm seeing in 4hours chart.
This chart shows that we are still in a good place as long as it does not break the support level. Unless the unthinkable happens I don't expect btc breaking the support yet and even though anything can still happen but I believe BTC is good and we continue in the upper trend. I believe that BTC is still a good buy at the moment and even if it does not go down that much we should all focus on accumulating it.
Hive
Hive is getting stronger than ever, we see it in price every day, and as it stands now the price is 0.41 which is not bad because btc dropped in price. The success of another project on hive has brought out stability and confidence to the communities about the hive and now hbd is getting the recognition it deserves and more people are getting involved daily. All this positivity only means one thing for the hive which is a bright future.
It is better to start accumulating now and build toward something big that is coming. This is the best time to be an hiver.
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I am glad hive is UP in the ladder. And the dominance in market cap is significant as there are thousands of coins/tokens out there.
Truth be told, btc has a real strong influence on many tokens.
Thank you for this
The influence is just too much and that is why I always keep an eye on it
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It's good
God no go shame us 🙏
I believe the downtrend of BTC was last year where we see how drastically the Crypto market fell but this year have shown that there's hope which we should be patient about to experience it trend.
Let us keep our fingers crossed
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I think crypto has lost a lot of it's hype and it's probably down towards the bottom. I don't think there is much more to drag it down but BTC is still the king in BTC. It affects everything.
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Yeah, that is why the success of btc is very important to us
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$0.22 was the bottom for HIVE and $15,700 for BTC. Bears still waiting for lower targets are going to get old doing that.