Update on Crypto Market Movement

It's Monday, the beginning of the week. So happy we are now in a new week. The Crypto market lastly has been experiencing a drastic change in price of many coins. This began after the halving if Bitcoin. In one of my threads on Inleo I asked if Bitcoin will increase in price after the halving but people were so I certain due to the decrease in price few hours after the halving. This is Monday crypto market movement. Please stick around as I bring you update about the crypto market movements.

Some weeks ago I published an article about the market movement. In that article we can see that the price of most cryptocurrencies were very high. Before the the having of Bitcoin the crypto market experience some sort of ugly movement. In one single day the price of almost all cryptocurrencies went dip down. Many called it the pre-havling dip while other claim that this happened because of the war between Israel and Palestine.

You can imagine $BTC dropping so badly to trade at $59k. That was so bad. Coming all the way from $70k to $59k. Many lose hope and started selling off their coins without knowing there is still hope.

So currently the crypto market is on fire🔥. Crypto prices has skyrocketed and investor have begin to reinvest their fund to many different crypto projects. Is it true that most of them haven't regain their previous value but the have become better than they were last week.

$BTC for example is gradually heading back to $70k. Currently it is trading at a nice price. More than. 10% increase from where it were. In the last 24 hours it has increase more than 2.4% than that of yesterday.

I'm very much bullish in Bitcoin know it will reach $100k before the end of the bull season. Since it could gradually regain it strength and trade at $66k then what is $100k level that Bitcoin won't reach. Is is true that the crypto market is full of uncertainty but I'm hopeful that Bitcoin will do better since it halving has happened.

The next in the line is $Sol, yes Solana. Solana has been doing amazing well until last two week when the dip happened. It fall so badly that many lose hope on it. Solana went from $204 to $119. See for yourself 👇

So I think that the halving also have a great impact on the Solana coin. Reason is that the price of Solana went so high from were it was after the halving. In the last 24 hours Solana has increased more that 2%. We can also see a drastic change on the coin/tokens on the Solana chain. Some of them has pumped more than 30% within 24 hours.

The next in the line is $HIVE. Personally I was afraid how hive went to down. But thankfully it is coming back. I noticed something about the hive coin. It was going down so badly like the other and when others started pumping it was pumping much. It was a kind of slow but steady.
I predicted hive to reach $1 by the end of this year but unfortunately is it still very low from my expectation.

With the look of things the halving if Bitcoin really have a great impact on the crypto

Before the end of this year I believe that most crypto projects will do amazingly well.

This is Monday Crypto Market Movement. Please before investing in any crypto do well to do your own research and try to invest wisely. Thanks for browsing through.

Credit

All pictures are screenshots from coinmarketcap and binance.

Posted Using InLeo Alpha