Is Hive about to break out?
The big excitement today has been the whispers/leaks that Blackrock is so sure it's Bitcoin ETF will get approved by the SEC, that preparations are underway on the admin side, to launch their ETF.
Cynical old me believes that the market was always going to pump ahead of next year's halvening. And would find/manufacture a reason to pump.
Add in this geopolitical tension in the Middle East. War, what is it good for? Bitcoin, it turns out!
Of more interest to me, has been whether Hive can pump on the back of this. Here is the one-year chart:
Though the Hive price has perked up somewhat, it's still well below the 52 cents it was on 4th Feb 2023. We live in hope that it keeps pumping.
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