Is CRYPTO winter has END?

avatar

Greeting everyone ,

How are you ? I hope you have a good day that better than yesterday.

image.png
Source

IS CRYPTO WINTER HAS END

In case you didnt know about CRYPTO WINTER , this is the explanation about it:

"Crypto winter" refers to a prolonged bear market in the cryptocurrency industry, characterised by a significant decrease in the prices of cryptocurrencies and a reduction in market capitalization.
Source

image.png

WHY BREAKING $26,000 BARRIER IS IMPORTANT

image.png

READ HERE - Bitcoin Breaking Above $26K Could Cancel Crypto Winter

$26,000 havent been break since August 2022 after continues rally from last HH in Nov 20221 at $ 69,000 . Breaking this resistance line was significant move for $BTC target the next resistance line at $32,000 .

LATEST NEWS THAT MOVE CRYPTO AND OTHER ECONOMIC MOVEMENT

We recently learned that SILVERGATE BANK had collapsed, which caused the crypto market to fall for several days before recovering following the collapse of SILICON VALLEY BANK a few days ago. SOURCE . It has caused a huge amount of market failure, especially in the US. Biden says that he will do everything to save SVB, including giving more loans to the bank, which means more paper or fiat money being printed to save this situation.

image.png
Source

As a result, more money is being pumped into BTC or other crypto, pushing it past the $26,000 barrier. Everyone knows that if more money is printed, the USD will lose its value. We anticipate that this will result in higher inflation for every dollar printed.

We really hope that BTC will start to making it bullish rally and the nearest possibility to reach $32,000 as soon as possible.

HOW DOES THIS HELP HIVE ?

As BTC starts its bullish rally, the altcoin rally will start to follow its movement. They say Bitcoin is the father of all coins, and that is true. I know and believe that everyone wants to see HIVE's value get better, and reaching $3 (the previous high) is not impossible. At that time, those who have more HP will get more value for their vote. This is good news for everyone because with a higher vote value, we can get better HBD. Higher HBD means we'll get more USD by sharing our thoughts in the HIVE community.

I'm so excited by the thought of how soon or how near the crypto-bullish rally will happen. I hope everyone will look forward to this happening soon. For now, let's do our best to make the HIVE ecosystem our home.

Cheers.

Thanks for stopping by. I hope you have awesome day today and see you in another post.

Posted Using LeoFinance Beta



0
0
0.000
5 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 147 of my contest just started...you can now check the winners of the previous week!
!BEER
3

0
0
0.000
avatar

26K is news to me! I hope it continues the upward movement. Looking forward to what the bull market has in store for us :)

0
0
0.000