The bitcoin market is weird. Like, things aren't what we thought. Or, there is other players in the market/other factors we aren't including.
With the bitcoin being bought up by the ETFs, there should have been much more price movement. Unless of course they bought up all the bitcoin before hand, and the only real trades were Grayscale selling, and someone else buying. (basically swapping between two hands)
So, i feel i do not have a clear picture.
I do not trust past patterns going forward here. (ETF and/or adoption changes things)
And, about HIVE, we may make it into the top 100 because so many other coins die.
This is the year (or maybe next year) of shaking out the shit coins.
There are so many bears selling their BTC to Blackrock.
Eventually we hit supply shock and it's just gone.
Obviously you thought this should of happened sooner.
I tend to agree but also the bears are delusional and keep dumping into it openly.
It honestly hasn't been that long and many are saying it takes 3 months for some of these guys to jump through all the red tape required to sell these derivatives in the first place.