Hi folks, I'm George and we're in 2023. Happy new year!
Before we take a look at the BTC charts, let's take the time to reflect upon the hardships we've been trough as members of Hive and Leofinance.
Yeah, we all said it, it was a tough year. Most of us when we look back at hive we see this:
If you weren't on Steem and you started learning about Hive during the bull run, you probably bought Hive at the top and saw your gains disappear slowly over time. And I guess many of you, made a ton of shitpost to compensate the lost and dump hive on the external markets. I'm not here to judge, most of us did... but I just hope you didn't powerdown all the way.
Here you can see the first I bought Hive and since then if I powerdown it was only to buy packs or services from the amazing Dapps that we saw flourish in the Hive blockchain in the last couple of years (Splinterlands, Risingstar, Exode, Leofinance, Ecency, Peakd, etc.) And look at this, this first power up is still giving a great return and I'm not even talking about the curation.
Of course, Hive could go lower( and I think it will), but in the long run, we can see that this blockchain is strong. The Hive token doesn't need fee to stay alive like some other cryptos, it needs utility, and that we have plenty. Hive don't need Hive, just steady and organic growth coming from the multitude of Dapps using Hive as a medium of exchange. It's like in Filed of dreams, if you build they will come (paraphrasing).
So, tell me what you doing? Powering up or dumping?
And now, what about Bitcoin.
We've been flirting with 17k$ for a while now, not sure where this is going, but we're getting near the bottom, that's for sure. We can still go down lower, we'll probably head to 18 500$ before we go down again. What about a bullish scenario? We'll need to at lest cross 20k$ to consider this scenario, but I wouldn't gets my hopes up before we reach 23k$.
Does it sounds good to you?
Good luck and good profits!
GGP
