Hive Analysis with Bollinger Band

in LeoFinance3 months ago

Last week, BTC price dropped to around $38,500. The excitement of those expecting $32,000 was short-lived. The decline in Bitcoin price gave way to an increase. As the decline ended, we saw an increase of approximately 10%. In this period, a rise of up to $4,000 is significant without any major news. Grayscale company's sale of bitcoin through the Coinbase exchange gave a negative atmosphere to the market. These sales seem to have ended. Positive and negative news, opportunities and crises never end in this market. We need to continue our path in a disciplined manner, without giving up, and being prepared for anything.

Geçtiğimiz hafta BTC fiyatı 38,500$ civarına kadar düştü. 32,000$ bekleyenlerin heyecanı kısa sürdü. Bitcoin fiyatındaki düşüş yerini artışa bıraktı. Düşüsün sonlamasıyla birlikte yaklaşık %10'a varan bir artış gördük. Şu dönemde , çok önemli haberler olmadan 4,000$'a varan bir artış önemli. Grayscale şirketinin Coinbase borsası üzerinden bitcoin satması piyasaya negatif hava vermişti. Bu satışlar sonlamış gibi gözüküyor. Bu piyasada olumlu ve olumsuz haberler, fırsatlar, krizler hiçbir zaman bitmez. Herşeye hazırlıklı olarak, pes etmeden disiplinli şekilde yolumuza devam etmemiz gerekir.

What caught my attention in Hive recently is that the HP interest rate has risen to 3.00%. The increase in this ratio is due to the loss of value of powerup versus powerdown. For a stronger and more respected blockchain, we need to further increase the amount of Hive staked. The less hive remains on the exchanges, the greater the value of the hive.

Hive'de son günlerde dikkatimi çeken şey HP faizinin %3.00'e kadar yükselmiş olması. Bu oranın artması, powerup'ın powerdown karşısında değer kaybetmesinden kaynaklanıyor. Daha güçlü ve daha saygı duyulan bir blokzincir için stake edilen Hive miktarını daha fazla artırmamız gerekiyor. Borsalarda ne kadar az hive kalırsa hive'n değeri o ölçüde artar.


(Tradingview Hive /USDT 1 D chart)

With the sharp decline in the price of bitcoin last week, the price of hive also fell. Thus, the hive price went out of the lower band in the Bollinger band. In such cases, the hive recovers quickly. Hive price dropped as low as $0.289, the current price is $0.308. The mid band price is $0.321. It is difficult to predict whether the price will visit the middle band first or go down to the lower band again. What we need to focus more on here is the bitcoin price and being able to predict it correctly.

Geçtiğimiz hafta bitcoin fiyatındaki sert düşüş ile birlikte hive fiyatı da düştü. Böylelikle hive fiyatı bollinger bandında alt bandın dışına çıktı. Böyle olduğu durumlarda hive'n toparlanması çabuk oluyor. Hive fiyatı 0.289$'a kadar düşmüştü, anlık fiyat ise 0.308$. Orta bant fiyatı 0.321$. Fiyat önce orta bandı mı ziyaret eder yoksa alt banda tekrar mı iner doğrusu tahmin etmek zor. Burada daha çok yoğunlaşmamız gereken şey bitcoin fiyatı ve onu doğru tahmin edebilmek.

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I think everyone on hive blog needs this information, because it is for the benefit of everyone. Having more staked hive or hive power will help in the exponential increase of hive in the market.
Once again thank you for this brilliant information

That is an interesting analysis thanks!

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