Bitcoin bounce Back, Hive on the way..
Namastey 🙏🏻🇮🇳
Hello friends, how are you all? Wishing you all happy and prosperous life ahead.
Every crypto investor keeps an eye on Bitcoin Price As other Alt coins are dependent on Bitcoin. As global Market doing Amazing, all Red candles now converting into green Candles, Again there is hope that market will breaks All time High(ATH) Records. Let's Talk about $BTC, Bitcoin again bounce backs which is Amazing trades for all the Crypto Investors.
Bitcoin bounce back from $58k to $67k Which is almost 4% surge in the price. Some Global events impact the surge in the price.This surge again boost up confidence and interest in the cryptocurrency market, attracting attention from investors worldwide
Cryptocurrency prices and stocks rallied Monday after former President Donald Trump's odds of retaking the White House jumped following an assassination attempt on Saturday. Bitcoin rebounded above $63,000 to its highest price the beginning of July.
Bitcoin Crossed the $67kwhich is fantastic for all the traders and investors. 'm not any Crypto experts or not giving you any advice, Do as per knowledge and research. Let's talk about the bitcoin Chart,as Bitcoin crossed $67000 so it resistance will be $63000 to $64k,if it's Breakout the $69k then next momentum will be $100000 but it's crypto market difficult to predict, But hopefully by the End of the year Bitcoin breakout $1000000.
Let's Talk about Hive prices too, as Hive don't follow the Bitcoin market, it has own pattern of Uptrend, So I know being the user of hive it really hurt that price of Hive going down day by day. May the price of Hive goes up soon.
Within a Month there is huge fall in the hive as you can see in the Chart, Earlier the price of Hive is $3.413 and now it is fall to $.22 Which is really a huge, there is various reason for the fall. May it bounce back soon and again give hopes and confidence to hive users. Above all the bads, the HBD(Hive Dollar) offers 20% ARP which is amazing, helps the hive users to take connected for long time, no matters at what price is..
If Bitcoin take place in Bull Market then there is chance of Alt coins to show the UP trends, it is great opportunity for investors to redeem the profit. Hopefully it will not come in downtrends again.
Let's talk about my journey of Crypto Market, As crypto is roller coaster is ride, Earlier i used to do Intra-Day trading but after facing losses, I quit trading crypto. Whoever loses money will get Demotivated. I was also depressed After loss of Money but On the other side I was happy that I learned a lot about crypto. I don't trade but yes I invest in crypto,I have made this investment for long term, so what is the current price? It doesn't matter to me but if there is bear market, then invest more. There is a 30% tax in crypto earning in India, With the hope that tax on crypto gets removed in the coming time or some policies related to cryptocurrency change.
Thankyou 😄
@gargi 🇮🇳🙏🏻
Posted Using InLeo Alpha
I'm only now beginning to understand Bitcoin and other cryptocurrencies. I hope BTC does not climb too fast and has more of a long slow upward trend. That would allow more people to DTA and perhaps reduce the volatility.
But like I said I'm fairly new to all this so I don't know the best scenario. It would be nice to see Hive rally also... once I build up my Hive stash that is... :-)
Crypto is not easy to understand and predict.. slowly you will get everything..
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