Yeah, don't accuse me of being inconsistent
2 days ago I told you about why I was still hopeful for a 2025 bull run. I am still hopeful since this is for a longer outlook overall. But for the time being I am going back to being a bear: I have again powered up most of my liquid Hive. My reasoning for keeping a large chunk liquid was that I was still hoping for a pump to the $1 range. But it's clear now that this won't be happening in the next weeks/months. Hive is back to almost 25 cents and the "local top" I talked about was indeed at ~70 cents. So what now?
It's clear to me that my outlook for Hive has to be revised. It's a shame since it tracked the price perfectly for around 8 months.
The big run up to over a dollar is not happening any time soon.
Instead, I am now expecting something like this.
Yeah, it's kinda lame. Probably no new ATH. If we are lucky $2. Although the actual high is hard to estimate. Overall, however, I am now tending towards a lower high. My main reasoning is that price will follow the observed A-B pattern. Since the current "A" is significantly lower than the 2021 "A", I am also expecting a lower "B".
Conclusion
Not satisfied with 2025 so far. Although my outlook is still positive, it's clear that this cycle is drastically different from previous ones. Is it outrageous to claim that the whole cycle dynamics could be shifting? So far, perhaps yes. But if things don't change soon, I think it might just be doing that.
As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!
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Most likely as our swings have been diminishing. But still a great price if we get it 🙏
If Hive get to $2 this year, it will be awesome, I will say, it keep a price like that, and follow up to a bigger one later on.
Powering up is still a better choice, I am positive that in the near future Hive will see a very bigger price.
l like your analysis. Have a happy weekend.
Awesome post! Hive is lucky to have creators like you.
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I was doing well in my market analysis, but anxiety got in the way and I brought my purchase forward by 0.28. Unfortunately, now it's time to work with what's left of the short-term market.