The bull market has finally arrived for many cryptocurrencies, Bitcoin is certainly the big star with the price recording the largest green candle in the history of the currency in a single month, recording an increase of $20,000 in the month of February alone . Since the beginning of the year, the price of $BTC has grown by 100%, dragging many high cryptocurrencies with it!
When $HIVE?
Among the altcoins that have recorded an increase in price since the beginning of the year, $HIVE certainly has not stood out among the top... In fact, I would say that our currency has been far too conservative. The price is growing slowly, albeit steadily, and today we hit $0.40 again! But don't lose faith, the game is getting really interesting!
If you have also followed $HIVE in previous years, then you will know that, for some inexplicable reason, the coin is a bit against the trend of the market in the bullish phase. The snap always happens when you least expect it, so $HIVE is more unpredictable among other coins.
If you're saddened by this, well I understand. But if you are ountand on HIVE for the long term, then sooner or later you will reap your rewards! On the other hand, the bull market started well in advance and the real bullrun should only begin at the end of the year. So take this moment to read the movement to further accumulate HIVE, if you think it's a good project.
It might be useful to make a comparison between HIVE and BTC, over the last month the value of our currency has significantly lost more than half of its value in sats, thanks to the great rise of $BTC in the last month. If only Hive today recovered the previous ratio with BTC from 630 sats to 1200 sats, the price would have simply doubled and HIVE would be worth $0.80.
It will be interesting to see where HIVE can go when it reaches its bullish movement, I'm sure we will all have great satisfaction!