Hive/Bitcoin pair is going down since 2021. It is going down to touch draw double bottom pattern. There is W pattern. I drew it as yellow. It means We are close to the bottom on Hive/Bitcoin price chart. It may be great time to convert your Bitcoin to Hive. It means Altcoin season is coming soon.
Lots of crypto investors are in fear. I am very happy to be ready to pick up discounted altcoins from the bottom. There is amazing W pattern on Hive/Bitcoin price chart and all of big crypto investors are seeing this. I think they will convert Bitcoin to Hive and other great charts.
They don't look the technology of crypto, they only look to the chart. Hive has great bullish chart that will present you profit in Bitcoin.
Here you can see the indicators of weekly Hive/Bitcoin pair chart. There is downtrend line on RSI Indicator and It will be broken up in a few weeks! We need only a few weeks to close downtrend!
MACD Indicator is also at good level to reverse and enter bullish trend.
September may be the beginning of bullish trend.
I am picking up slowly altcoin. I will increase my cash amount to buy more. We will see..