Salute to the awesome Leo Finance Community!
Happy holidays for everyone out there. We are finishing this year with great news in crypto market.
Since December 20th, the price of Bitcoin has seen a rebound from 45k to 51k, and a new trend line is emerging in our charts:
BTC/USD 4h Chart:
This means that we are finishing this year really bullish, with a price surge around 15,77%
And how are the altcoins behavior? Bullish as well.
I trade in central exchanges like Binance, but i do it with the BTC pair and not with the BUSD or USDT pairs.
Why? Because i want to earn more bitcoins than dollars. But i divide my gains into a 60-40% range in Bitcoin/USDT holds. This strategy works well for me because i accumulate bitcoin and i have dollars to buy some other altcoins of the TOP 10 cryptocurrency market cap.
So. lets see the charts:
ETH/BTC
BNB/BTC
SOL/BTC
We can see that some of the top crypto altcoins are bullish as well, the trend line indicates us that we can expect a strong bull market into the final days of this year and looking with the Eye of The Tiger to have more gains in 2022.
And for us, the Leo Finance and the Hive Blockchain Community are good news as well. We have seen since December 20th a rise of 41% in the HIVE price.
HIVE/USDT Chart:
And the HIVE Dollar price has seen a good behavior as well, with the news that Hive is going to push HIVE Dollar as an Algorithmic Decentralized Stablecoin brought to us in the khaleelkazi podcast i think the HBD have a big potential in the near future:
Watch the Podcast with the HBD big news here if you haven't seen it yet:
https://leofinance.io/@khaleelkazi/mznouwsx
i think the HBD price is going to stabalize even more to the 1 dollar stable price. Meanwhile we are watching that the price of the HIVE Blockchain stablecoin remains really close to the 1 dollar price with pretty low volatility on the recent months:
HBD/USDT Chart:
As you can see my strategy with HIVE and Hive Backed Dollars are different. I want to HODL HIVE and HBD to see more gains on my portfolio. I want to stake even more HBD transfering some BUSD and USDT converted in HIVE and send it into my Keychain wallet to support the liquidity of the HBD stablecoin and HIVE token.
So, let me guys know your projections on crypto market in general and with the Hive future, i think we are watching just the beggining of a huge game changer for all crypto users of the world. I expect your comments, Happy New year to everyone!
Tools used for this blog:
-GIMP for Bullish Pepe Meme.
-TradingView for the Charts.
Cheers!
Posted Using LeoFinance Beta
Nice analysis. So much for Green Day until Bitcoin pops and the entire market turns red again. One thing is for sure and that’s the fact that Hive is holding strong against every market dump
Posted Using LeoFinance Beta