In bull markets, massive pumps appear out of nowhere. With the Binance futures launched, there will be great opportunities for being caught on the wrong side of the trade. After pumps like that the careless shorters could find themselves so out of luck that they won't believe it propelling the price to heights unknown before.
I suspect $8-$12 per Hive are in the cards by the end of the year now.
Posted Using InLeo Alpha
This bull market is similar to the one from 2017 than the one from 2021 imo which means HIVE might do something like what STEEM did back then which translates to an insane rally into the year's end.
I've seen many analysis call this bull market more like 2017 rather than 2021, too. A Steem of 2017/2018 explosion is indeed possible. The increased liquidity and the derivatives giving degens more opportunities to gamble in the late stage euphoria of the bull market will be key.