Hi hive friends.
Hopefully all of you are fine. This is what we all have been seeing for days now that there is a lot of effort being made to bring down the crypto market once again. And when it doesn't happen that way, the market doesn't come down, now they've run a new news that the US government, They sale his bitcoins today.
As we saw last week, there was a lot of talk on the left side to bring the market down, but when the market did not come down on it, today these people are trying to bring the market down. But the way we look at the market, within twenty-four hours only that one thousand dollars has become up down. The good thing is that the way we are seeing all the closings are going above 25200. And even today time has created a new support of 27500.
The way we were looking three days back we were getting hive at 37 cents but if we look at today's chart it has touched 40 cents intra day and after that it went up again. So now we can see that forty cents will also support it now.
If it makes its forty-cent support, we should see a very good pump in it within the next few days. The way we are seeing a lot of new users coming over this platform and it is going to be very good for it in coming days. If someone still wants to invest in it, the way it is going up again and again at 40 cents, then 40 cents should be invested in it.
When it came down yesterday, we saw a very good pump in Bitcoin and it touched $29,000, but the way we're seeing the price of dxy again increasing thats not good sign for bitcoin.
Until the bitcoin dominance are down we can't see the pump inside any alt coin because right now people are only believing in one coin and that's bitcoin the way we've been seeing it for the past few days. Banks have been going bankrupt for days and people are putting all their money there into in Bitcoin.