Bitcoin recovers but is still in the side channel.
Bitcoin recovers but is still in the side channel. Bitcoin reached its all-time high on March 14 of this year at $73,737.94 but since then it seems that we are in a kind of side channel that goes from 60K to 70K. Sometimes there is news that is considered positive that makes it go to the upper part of the channel and sometimes there is news that is considered negative that makes it go to the lower part of the channel.
This may seem more like a consolidation of levels than anything else. Which would lead us to have an upward exit at some point this year. The most obvious question is how far the bullish rally could go. I really have no idea but owning Bitcoin is always a guarantee.
I am more worried about Hive, which I think is clearly bearish due to all the controversies in the chain. My opinion is that sooner or later it will open a fork of the chain or else it will end up dying.
In the end, when everyone believes that the apple is theirs, the apple ends up rotting.
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I thing we're all worried, which is why the key to long term survival is to bring in new people and retain them. That's what we're trying to do with DUO, hopefully we can make a difference. How have you been doing?
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DUO is fantastic and you are doing very well. I hope more tokens like this will emerge.
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If we can keep the steam up and sell them all out we might consider creating another token down the line. Right now just getting the word out on DUO is the focus for now. Thanks for your support of DUO, have some on me!
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Let us hope something happens to get $HIVE moving up. The difference between Steem and Hive is narrowing down every day. I am optimistic about Hive in the long run.
I love your optimism.
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