Few days back I shared how USDT dominance helps us predict the market and if you have not read that blog I will suggest you to go through it as it will really help you understand importance of USDT dominance. I shared the major resistance in my blog so if you want to read that blog you can simply click on the link below and visit it.
The Crypto Market is Bleeding, Analyzing the USDT Dominance for further market prediction
Today I will share why we might not see any further major dump in the market anymore. If we analyze the history of bitcoin price movement we realize that bitcoin has some historical data related to the halving and also to breaking it's all time high. For the last three times when bitcoin and entire crypto market started to act bullish we observed something that is not worth missing.
Bitcoin breaks it's all time high and take a correction, initially it was 50% for the very first time followed by becoming the 30-35% in the second time and 17% for the third time. Then the bitcoin pumps again and go above it's last all time high and once again take correction which is now lesser compared to the previous one.
For this cycle bitcoin already broken it's previous all time high twice with two major dumps. The price fall this time was 14 and 17 percent respectively, you can see the chart shared below for a better understanding, it is for last one month and this is the time when bitcoin broke it's all time high for the last cycle this year.
I think the major dips that are up to more than 15% will not be coming now and the market might start to move upwards soon. Everything indicates this in my opinion but there is no financial advise here. I think we should pack our bags with favorite tokens already and not wait anymore.
The bull run is here, thank you.
GAMES I PLAY ON HIVE BLOCKCHAIN
Golem Overlord - Join here
Golem Overlord
Golem Overlord is also one of the best games built on Hive blockchain. It was the game that gave tremendous return to it's player who joined in early. One of my friend suggested me this game two months back and that was the time when i started playing it.
Golem Overlord is a little bit similar to Terracore but both have their own selling point as well. In Terracore you have planets and Terracore is a old game that is why the development there is more compared to Golem Overlord.
But we are seeing regular updates from Golem Overlord and the team is making sure to bring in new features for the players. This is one pf the reasons why i can recommend Golem overlord to anyone reading this blog.
Crypto-Shots
If you have played PUBG then you will know what is team death match, this game has that game mode for now where two teams starts again each other and the team with most number of kills win the match. Your rewards are also based on your kill to die ratio. If your KD was 20 then you will be awarded with 20 Doom tokens at the end of the game.
So the feeling of playing COD or Pubg can now be enjoyed on hive blockchain as well. Feel free to join it as well and i gaurantee you that you will not regret joining this game. See you on the other side of this blog.
Thank you