RE: $HIVE & $BTC Technical Analysis - 08.12.2024
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I was interested to see your target of $0.4987. In my head I thought the target was $0.40.
I think it might take 13 weeks from 13th Nov till we hit 49 cents. (13th Nov was the first pump of this cycle, and it will take some time for the market to absorb power down sales).
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Well, I read what the chart says to me.
As about how long it takes to get to 49c, no one knows. There are factors we don't know, so all I can do is mark the areas of interest and watch price moving.