The recent dump in the whole crypto world sends another shockwave to the whole universe. Althoughh the price is not dumped a lot like the previous bear season, but does it means that the current bullrun nearing its end on its cycle?
Yes, Bitcoin hit another ATH last month, nearing 110.000 USD per bitcoin, but now it is sitting below 100.000 USD. It has went down almost 10K from the ATH, and with that it send another bloodbath to the other altcoin, as they bleed a lot when bitcoin dumped.
Even Hive has went below 0.3 USD which means it has lost half its value in this bullrun. Don't ask where is the ATH for Hive price as no where near it during this bullrun.
I am not really sure or have a strong confidence that we will hit that ATH again, but as a regular Hive user, I think it is always safe to keep our faith in the token, because this is what we love.
Now the question is that, does the bullrun has ended now?