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HIVE Ripping Independently of Bitcoin

Direct from the desk of Dane Williams.




While it's the weekend, one extra point I wanted to make about the price of HIVE ripping, is that it's doing it independently to Bitcoin.

Here's an updated Bitcoin chart (minus weekend price action), highlighting the zone we've been talking about.

BTC/USD Daily:

With Bitcoin sitting just above support, it hasn't been doing poorly by any stretch.

But importantly, it certainly hasn't been leading the move higher in HIVE either.

That move has been entirely driven by what's happening here specifically, not just following wider good market sentiment thanks to Bitcoin.

Certainly a bullish sign.

Best of probabilities to you,

Dane.




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HIVE Ripping Independently of Bitcoin was published on and last updated on 26 Apr 2020.