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RE: Market Musing: Luna, Hive and Market Capitalisation

in LeoFinance3 years ago

In my opinion, Hive could easily 2X from this position, despite the state of Bitcoin and the bearishness of the market. At this time, $1 Hive is actually bearish, so it will still be keeping with the times, at that level.

I doubt that. We were saying the same thing about STEEM during the past bear market and it fell to as low as $0.10. HIVE might do better but I doubt it will hold $0.50 for long. That's how bear markets are. Hope I'm wrong on this one, but I've had enough of wishful thinking for the past four years. $.30 to $.40 is probably where we're gonna stay for a while.

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