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RE: Where might the price of HIVE be heading from here?

in LeoFinance4 years ago

The price of hive can't be predicted. I used to think if bitcoin goes up, it drives everything up, but hive has been giving a reverse move. So we can't really tell if it would go higher than it currently is. But should bitcoin come down, it will certainly bring everything down. Let's just watch and see

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These things actually move in fairly predictable cycles. It tends to be bitcoin first, then the altcoins. When altcoins moves, they tend to move in stages. The large cap alts, then the mid cap alts, then the small cap alts. If you really pay attention it's not as random as you might think.