Hive price is at disocunted level. It is great level to pick up. Before US Election 2024, It may be discounted price. I shared lots of analysis about Bitcoin price chart and showed the date of US Election 2024 and the importance of this date. Lots of technical analysis shows us this date. We will see huge price moves after these days. So, Hive price is at discounted level.
Here you can see daily chart of Hive price and my draft. I drew it a few months ago and It works as well. Hive price is at depression zone and It is at the middle level of down side of the middle line of depression zone. It may not touch againg the bottom level of depression level which I drew..
It may start to go up and break up the resistances after US Election 2024.
US Election 2024 is major important date will be the trigger for crypto market. We may enter bullish altcoin season after this date.
Here you can see the indicators on daily chart of Hive price. There are uptrend line on the indicator of daily chart. These uptrend line may be broken up in a few days and we may see the last bottom on Hive price chart.
Today Bitcoin and altcoins are trying to recover the loses of yesterday after Bitcoin touched 59K. It may be a dead cat bounce.. We may see price dump at weekend or next week again. I am waiting 57K USD for Bitcoin price.
I am starting to pick up Hive from discounted levels. If it goes down, I will buy more.
We will see..
Posted Using InLeo Alpha