We'll probably hit $10+ but there will be no way to maintain that price. I won't even be surprised if we x10 our old ATH and get to $80 before we crash into the mountain. Hive liquidity is absolutely insane and FOMO does crazy things to people's psyche.
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If BTC goes to $350k, then HIVE at $80 is not completely impossible. But my guesstimate is that it'll hit $13 before crashing and burning. Why?
STEEM:
March 10 2017: 7 cents
January 3 2018: $8.57
December ?? 2019: 11 cents
HIVE:
April ?? 2020: 10 cents
early 2021: 11 cents * 122 = $13.42
Just a guess. No pattern, yet. But I can live with $13. :)
Yeah I really thought we'd be able to hold the 80 cent support line when I made that prediction to $80. We lost a lot of gains from all the Steemit Inc nonsense. However, it's possible we make up for it with our story. We stopped a hostile takeover and now aren't being lorded over by a centralized entity... we've made quite a bit of progress even if the token price is the same.
It can last forever!!! I'm peter pan and this is never never land.
Well we can watch and see. I'm hoping this will grow and rise.