Big players accumulated nicely today!
This morning I woke up and witnessed the pretty huge drop all over the crypto markets. It was carnage everywhere, and the FUD was once again all over the place. The death of Bitcoin was once again inevitable if you would want to believe all the FUDers. But then things turned around pretty quickly. The volume grew all over markets, and slowly but steadily all the markets creeped up. As did Hive.
You can clearly see where the volume started rising and how price climbed up slowly. A clear sign of people, very likely big players that accumulated Hive very cheaply. And they were very right. Hive at 42 cents was a bargain this morning. And it still is right now. It’s a steal in my humble opinion.
All over the markets
The same thing happened to Bitcoin and other altcoins. It was and still is accumulation time. And it shows clearly that the bear market is turning around. This was a higher low than before for almost all coins. And the recovery happens a lot quicker than before. All signs that the market is ready to turn around! We can expect higher lows and higher highs from now on!