The Rundownwelp as usual Bac0n called it, currently trading at $2.55, wont close above $3, actually likely significantly lower.. even I over estimated how much HIVE would have for gains, I thought for sure it would be 2.80 at least.
Anyway, Like I said in a previous post, HIVE will continue to decline as the day progresses, anyone who wanted to sell I hope you did it right after the opening bell as I suggested.
Now I want to talk about a broader impact coming.. a market sell off.
As you can all see major Indices are down big this morning, lots of uncertaninty right now with the 2nd strain of COVID and the contested presidential election.
even with a vaccine rollout happening, the economic damage has been catostrophic, and many believe the market is overvalued right now. Very possible another large scale sell off comes, back in March when the last one happened even Bitcoin itself took a serious hit.
Obviously the pumpers don't know their head from their a$$es. and the numbers and results prove that much.
be smart out there!
*puffs cigar*
God bless the bag holders
-Bac0n