Nothing surprises me in this space anymore. But in the event it does set a new ATL, I still suspect a rebound afterward. It's been in overbought territory on the RSI since December of last year. And only now that the price is finding support at the ATL is the RSI starting to rise. Call me crazy but I think Hive is very cheap in Bitcoin terms right now and is due to see an rise.
Nothing surprises me in this space anymore. But in the event it does set a new ATL, I still suspect a rebound afterward. It's been in overbought territory on the RSI since December of last year. And only now that the price is finding support at the ATL is the RSI starting to rise. Call me crazy but I think Hive is very cheap in Bitcoin terms right now and is due to see an rise.