Uptober: Bitcoin & Hive Decided To Start October With A Green Bang

I won’t lie, it felt good looking at my trading view watchlist and I saw beautiful greens everywhere. The green color is really appealing especially when you are bullish. About few days ago, bitcoin was trading around $42,000, but decided to trade slightly above $47,000 today.

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Then I was reminded on Twitter by some Twitter user that this month marks the beginning of the 4th quarter of the year 2021. I guess bitcoin wanted to start it’s fourth quarter with positivity green. I hope this bullish movement keeps going and let it be a good thing. Well this movement helped me make more than 20% profit because I tried to swing trade this week. The moment I saw the 20% profit I took 50% of my investment. A part of me is hoping for a slight dip so I can buy the dip a little bit. But either way the market goes, am cool.

Well once again am excited for bitcoin since it’s dip affects other coins. Bitcoin had a 10% increase in 24 hours, making the market capitalization cross pass $2 trillion a little. I just hope that this bullish movement should continue, hopefully we might see bitcoin get to $50k once again. As usual we saw lots of liquidation from the bear traders as mores than $400 million was recorded to had gotten liquidated by future bear traders.

Hive also made me proud with the increase, though it was little, but it’s still better than the $0.5 it was before. I was a little bit worried because for the past few months, I have been increasing my stake and coins in my wallet but the values keep staying stagnant. I have more coins and more stake now but the value either decreases a little or it’s stagnant.

I hope that this quarter becomes the most bullish quarter for cryptocurrencies, because I love the bullish season feeling I had in the first quarter of 2021. The feeling came with a lot of positivity as most coins I bought went up.

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