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@dagger212
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2 min read

You know crypto; it's always going to do what people least expect. Just when everyone was starting to get comfortable with the pumps and dumps, it quit dumping. As soon as everyone starts thinking it's just going to run straight to $10, it will drop 50%.

Like I said last week, you all can thank me for it continuing to pump because after watching the pump and dumps forever and not doing anything, I finally decided to try and trade a little. Thankfully it was only 100 HIVE and I have already gotten 50 of it back at a small "loss". The other 40ish are still sitting as HBD. lol

Like I said yesterday, TA says this could still go a lot higher. You have to remember how looonnngggg Hive has traded below $1. When things like that break out, there's a lot of pent up energy waiting to be released.

This has also been one of those tokens that everyone wants to own more of but can't seem to pull the trigger on buying it. So, now that it's running, people are scrambling to get more.

Where are the sellers going to come from? Most of the people who are active here did their selling just over $1, if they were selling at all. That said, the 7 day power down plays a factor. I haven't checked the numbers (if someone wanted to look those up I think they'd be interesting), but this run to the ATH is only 24-48 hrs old. It will be a few more days before whales get liquid to sell it back down. We'll see. I haven't seen the on exchange/off exchange numbers lately either.

No matter what, it's fun to see green candles and ATHs on something we've been HODLing for so long.

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