Are We Past the TOP of the HIVE Escalator? Or Will it Bounce Back?

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The Hive Escalator: Is it Over?

I've written before about the consistent escalation of HIVE to BTC. It's faithfully bounced up from the red line, refusing to depart from the HIVE Escalator.

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I am not a financial advisor. I am expressing my opinion. Please do your own research before making any financial decision. Trade at your own risk.

We May Be Shocked at Future Values

With HIVE dipping far below the red escalator, we are at an interesting moment. It's already bouncing back up, but is this the new red escalator... or are about to see a return to the previous nice ride.

The bitcoin escalator has been going down since April, but earlier this month it seemed to level out. This means HIVE's BTC buying power has been reduced artificially.

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BTC is the easiest crypto to trade, as it's the base coin for almost every exchange. This may be changing as time goes on, but BTC continues to be the premier crypto, despite it's technical inferiority to other coins.

What coin will take the BTC batton some day? Only time will tell.

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Prepare For the Moment: HIVE will Return

If it is true that BTC is expected to plummet, there will be a fantastic buying opportunity opened up for investors. A buying opportunity which will ultimately result in better options for holders to select their best bet on the future of crypto currencies.

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Posted Using LeoFinance Beta



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2 comments
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I believe mostly in HEX, PULSE and LasseCash <<---- will prevail the bear market.

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I truly hope so. What goes down comes up I believe.

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