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BTC ATH & Its Influence On HIVE & HE Tokens by citywriter

View this thread on: hive.blogpeakd.comecency.com
· @citywriter ·
$1.60
BTC ATH & Its Influence On HIVE & HE Tokens
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If you look at the <a href="https://coinmarketcap.com/currencies/bitcoin/">Current Market Price Of BitCoin (BTC)</a> you can see it has a super chance to break the next major resistance level at <b>$50,000</b>.<br>
The current BULL trend of <a href="https://coinmarketcap.com/currencies/bitcoin/">BTC</a>, the Alpha of the crypto world already influenced Alt-coins into a bull market trend as well. As a result of that <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a> & <a href="https://coinmarketcap.com/currencies/hive-dollar/">HIVE DOLLAR (HBD)</a> also shown stronger against <b>US Dollar Price</b>.
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<center><img src="https://images.hive.blog/DQmZ6LvSbvX2p5Xp1TzXUhvewkbr6UThnQe37WjpydDtZ9f/image.png"><br><em><a href="https://images.cointelegraph.com/images/717_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvOTk0NmJmNmYtNzNmMi00ZTRmLWI3OWYtYTYzNjFhY2JmMWQ0LmpwZWc=.jpg">Original Source</a></em></center>
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<h3><a href="https://coinmarketcap.com/currencies/bitcoin/">BTC</a> All Time High ($48,310)</h3>
On Feb. 8, the car manufacturer (Tesla) caught the crypto world off-guard by committing a cool $1.5 billion into <a href="https://coinmarketcap.com/currencies/bitcoin/">Bitcoin (BTC)</a>. As a result of that <a href="https://coinmarketcap.com/currencies/bitcoin/">BitCoin</a> super-passed $48,000 & settled at $44,000. Then again it got more attention by the news of "A Bitcoin exchange-traded fund (ETF) for investment firm Accelerate Financial has been approved in Canada".<br>
Therefore, it's super exciting to see where it goes next. And all these moves are supporting Altcoins to gain more attention & bullish trends in the crypto market.
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<center><img src="https://images.hive.blog/DQmUhJwuNQgRktD1FrHD1BkVNF9UR4rKcgtn3o3o4dNja2e/image.png"><br><em><a href="https://images.cointelegraph.com/images/717_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvZGU4NzNkMTEtNTg5MC00MDQzLWIwYjUtMjg0ZmE2NzI5MjRjLmpwZw==.jpg">Original Source</a></em></center>
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<h3>HIVE</h3>
When you check the <a href="https://coinmarketcap.com/currencies/hive-blockchain/">Recent Hive Market Price</a> you can see it trades around the <b>$0.22</b> price level & <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a> has shown stronger resistance against <a href="https://coinmarketcap.com/currencies/bitcoin/">BitCoin</a> spike as well. This sense, it has a huge potential to reach <b>$0.3</b> during this bull market time.
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<center><img src="https://images.hive.blog/DQmVnmWe97PczNizv4eucnjK9RAVRqm3L846aq1rdxtGoDp/20210212-hive-charts-coinmarketcap.jpg"><br><em><a href="https://coinmarketcap.com/currencies/hive-blockchain/">Original Source</a></em></center>
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<h3>HIVE-ENGINE Tokens</h3>
When you consider the current trends of <a href="https://coinmarketcap.com/currencies/bitcoin/">BitCoin</a>, <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a> & other Altcoins, we can see <a href="https://hive-engine.com/?p=tokens">HIVE-ENGINE Tokens</a> have been weakened against this crypto bull trend. Comparatively these tokens are stronger against $, but they have lost against its based currency <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a>.
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<center><img src="https://images.hive.blog/DQmXsCb2StLZwMs6vvdbKhK41ZzEjBZg5xk3FDgkTtzNeDp/HE.jpg"><br><em><a href="https://hive-engine.com/?p=tokens">Original Source</a></em></center>
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When you follow the top 20 tokens in the <a href="https://hive-engine.com/?p=tokens">Hive-Engine</a>, most of them are <b>weaken</b> against its based currency <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a>. But we should not forget <a href="https://coinmarketcap.com/currencies/hive-blockchain/">HIVE</a> still more-than half-way down to its ATH of <b>$0.95</b>. Therefore, this might <b>lose the trustworthiness of investors</b> on HE Token projects. 
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<center><h6>All Upvote Contributions Will Be Converted To SIM & HODL</h6></center>
</div>

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