Are the long-term bullish fundamentals of the BTC and Hive price still firm?

Greetings again my dear friends I hope you are all very well, at this point in the year 2023, I think that the bullish fundamentals on the price of BTC and HIVE in the long term, remain stronger than ever, this despite the strong intention that is supposed to have the FED with interest rates and, thereby, activate the disinterest of investors in risky or volatile assets such as BTC and HIVE.

For many crypto market analysts argue that one of the main arguments to support the bullish fundamentals of the price of BTC and HIVE, is linked to the fact that the vast majority of investors holding these digital assets (BTC and HIVE) remain unsold assets and, this as we know maintains a low supply in the crypto market.

Therefore, by generating a higher demand, the price may tend to rise in both markets, personally my intentions is not to sell my Hive assets to help encourage a low supply and thus a higher demand for such cryptoasset, for now, we can say that in the Bitcoin and Hive market, both variables (supply and demand) remain in balance and, that is why the price of these assets, lateralize frequently in recent weeks, between a margin or price range very small, in the case of Bitcoin has done so between near 29 thousand dollars and 30 thousand dollars in the last 7 days, so about 4% between one extreme and the other, as you can see below:

_{Image obtained from www.coingecko.com}

If we move to the behavior of the Hive, we would have a very similar relationship, that is, a very small margin or interval of difference, for this interval in the last 7 days is between 0.34 and 0.358 dollars, these prices at the time of writing this article and, you can verify it in the following image below:

_{Image obtained from www.coingecko.com}

The previous interval is around 5%, i.e., both intervals of the markets (Bitcoin and Hive) are very similar and, thus, both markets are lateralizing, therefore, everything indicates that in the coming months, both the Bitcoin and Hive markets will present low volatility, pending the FED's announcement in September and to hear how they will handle interest rates in relation to inflation in the U.S. economy.

Like many market analysts, I share the idea that the influence of the global macroeconomic context on the cryptocurrency market has been decreasing over the years, and this is due to the fact that there are digital assets such as Bitcoin and Hive, whose projects have valuable intrinsic fundamentals, i.e. their own influence and impact on their own markets.

The broad ecosystem of cryptocurrencies remains in constant resistance and, I think that in the current year of 2023 they have already gone through better ways in relation to their price recovery, both for Bitcoin and Hive and, under this internal context of both markets, there is a huge possibility that both assets will experience a price increase higher than those of today, beyond the influence of the global financial context and the influence of the FED in the global financial context.

We will be very attentive to these intrinsic fundamentals of these two powerful crypto markets and, in which we have decided to bet, above all, on the Hive, through the valuable support of solid communities such as @Leofinance, which allows us to express our opinions and, read those of anyone who wishes to make their contribution in relation to the knowledge of the broad ecosystem of cryptocurrencies and, in addition, we can opt for the possibility of some reward in cryptocurrencies such as Hive, HBD, also with its token Leo, the latter we can view through the decentralized platform https: //hive-engine. com.

Until another opportunity my dear friends.