Previous bitcoin run, HIVE went up 28X Bitcoin
After bitcoin's previous halving, bitcoin went from $6,000 Feb 2020 to $65,000 Nov 2021
HIVE
Went from $1 Feb 2020 to $28 Nov 2021 So during bitcoins strong advance HIVE's price increased by a factor of 28X
The number of HIVE shares have increased since 2020.
The $28 price would now be equivalent to $14, but it would still be equivalent to a 28X increase:
HIVE # shares 2020/21 = 75 million, 2024 = 130 million
The $1 2020 would be equivalent to $0.50 in 2024 terms
The $28 would be equivalent to $14 in 2024 terms
Which is still an increase of 28X
Bitcoin has just gone through another halving, and in addition to that, with Trump leading the charge, bitcoin has a looonng way to runP
That could also mean that HIVE has a long way to run.
May not go up 28X, but, then again, with everything that's going for it, HIVE could go up 10X, or, probably, much much more