Into the...
No, we haven't come close to the $100,000 per BTC that many of us thought, and we may not see it for a long time...but let's be honest, with all that has happened, is happening, and is yet to come... do we still expect it to do so in the short or medium term?
It may be frustrating for many, especially if you have not lived through any of the previous cycles before, not having reached the expected objectives... but I, on the other hand, think that if the market survives the events, even if it is correcting even more, nothing nor anyone can stop it.
To generate a bullish wave of the magnitude that has been generated, let me tell you, that it is still spectacular for me, taking into account that everything, absolutely everything has gone quite badly during these last 2 years.
You know, a global pandemic, an imposed lockdown, bans in China for the entire crypto industry (especially for BITCOIN), rising fuel prices, runaway inflation, the perpetual threat of crypto bans in various countries, tax hikes...and a recently declared war that, to be honest, was more than expected for years...
Things that can shake the foundations and values on which the European Union has been built and also the current World Order.
Yes, today ALL markets are losing. And although the American stock markets have not yet opened, a drop of more than 5% today will not be unusual... so you already know what BITCOIN is going to do... although, it may surprise us and it must be said that his DOMINANCE is increasing.
Regarding HIVE, let me tell you that it is resisting quite well, it loses 8% today, which is not unusual if you compare it with the losses of higher-ranking SHITCOINS such as CARDANO (-10%) or BNB (-9% )...not bad.
Well, we can only hope that the situation does not get worse with the conflict in Ukraine and that both sides reach an agreement without too much bloodshed, but I am afraid that this will not happen in the short term either.
We are submerged in a great global shit...
Stay safe.
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Yes, I think there are always two faces to a coin. The bear market was expected, and this is just a demo, people who haven't seen Bear market of 2018 - 19 will be in a shock of state while those who did, know that the market is going to be well again. Might take some time, and even more with the recent war tension. That is indeed true :/
To be quite frank HIVE is reacting strong to the bloodbath the entire market is going through, one would expect it to plunge down to the 30 cents region but it has reacted and still reacting strong
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Ukraine has already succumbed, there's talks of a deal, it couldn't fight Russia from the first place. It was a bad move from Ukraine to even think of NATO and EU. These guys are Russians, they speak the language and Russia is definitely threatened by NATO. Fortunately, though, Bitcoin has benefited from this situation with more advertising and acceptance among the masses.
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Let's hope they deal...
That's what's going around in the news in here.
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