Long term I think Hive is heading back to $5-$8 range over the next half a year or so. Although it might not be a straight line up as I still think the bear market for the entire crypto market is not over yet and could last until about fall/winter of 2022.
$5-$8 seems very optimistic over the next six months! It does seem realistic around the next bull market top, though.
that is true, I was wary in writing this outlook, but historically Hive's impulse waves (last chart in green) have never really been long. I'll talk about this a bit more in one of the next posts 👍