Still under the radar Its amazing how little chatter there is about hive on here and ceo. Feels like this is still an "under the radar" play. The price action is remarkably stable. Seems to me that longs are building sizable positions at these levels in anticipation of the upcoming catalysts.
Some interesting general observations:
- "halving" and "halvening" search terms are now at their historical highs on google trends.
- HIVE was profitable in its last financial statement based on an average ETH price of $130 USD.
- Bitcoin testing $7800 USD again today if the stock market keeps up. Above $8000 is a blue sky breakout.
- News about the halving will only increase over the next 2 weeks which will undoubtedly bring more retail investors into the crypto space.
All these things are super bullish for HIVE and is likely the reason for the stability of the share price. An added bonus is that we've "been there before" pricewise. So investors looking at the historical chart will regard this as cheap.
I hope i havent jinxed it by posting that. I believe in the butterfly effect and I'm hoping it doesnt crash after me posting this....quantum effects of my posts lol.
good luck! Exciting times indeed!