It seems that we take a break today
Hello my dear readers of this blog, today I want to talk to you about how Bitcoin has been fluctuating tremendously, causing us all quite a bit of concern.
In the following chart, we can see how, since February, specifically around February 24th, Bitcoin was at a price of $96,000, only to gradually start dropping from $96,000 to $91,000 in less than 24 hours. It suffered a significant drop and continued to decline steadily through the first days of March, settling at a price of $80,597 per Bitcoin as of yesterday, which is quite a notable drop.
And it’s not just Bitcoin that has been affected by this price movement, but also Hive and all other cryptocurrencies, which have entered a bloody, alarming, and deeply red market.
Yesterday, we were quite concerned, as all markets and everyone were very worried, and even here on Hive, we share that concern. We went from having Hive at a price of around $0.50 not too long ago, to now having a price of $0.23 as of today, the day I’m writing this.
So, it’s quite curious.
I’m not an expert or a scholar in cryptocurrencies, but I can see very clearly that every time Bitcoin experiences these drops, our beloved Hive coin also suffers declines, meaning it is affected, even though it shouldn’t be this way.
But the general sentiment is that there is a lot of concern and a significant impact from this overall downturn in the cryptocurrency market.
Now, this is nothing more than market manipulation, as we can see in the following chart how Bitcoin has moved with an upward trend, but with very irregular patterns in its various movements.
For example, we see that in November, it started to drop on November 11th, how it has been fluctuating since yesterday, March 10th, how it experienced an incredible drop and then recovered throughout the day.
Let’s hope that these movements turn out to be favorable, that Bitcoin assumes a position of strength, and that all cryptos and the crypto market in general start to show better movement, so that we can all smile again, as these movements greatly affect the economy, especially for those of us who rely solely on these cryptocurrencies.
All we can do now is pray and keep positive thoughts so that everything turns out well.
Of course, this is not financial advice, I am not a financial advisor, and I simply invite you to do your own analysis, your own research, and to always be prepared with some Bitcoin saved in your reserves, because it will likely be a very good idea to have a few Bitcoins stored away, even just fractions, depending on each person’s possibilities. These will turn into good money in the future.
In 5 to 10 years, we will have a good investment, and the time is now.
So, accumulate as much as you can, little by little, because even the smallest fraction can make a big difference in the future.
Disclaimer: This blog is 100% emotional support and 0% financial advice. Always DYOR (and maybe eat some chocolate). 🍫
Visit the Neon Strike discord, the game of the future today!
(Discord)
Credits:
Screenshots are captured from my pc and taken from coinmarketcap.com
The text dividers were made by me using aseprite
Post translated from spanish to english using Deepseek AI
In order to get sats instead of HBD to your wallet change your V4V address from [email protected] to [email protected]
Hey thankyou very much, i will fix it now!.
Congratulations @manclarbtc! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 100 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP