Uptober Might Just Be By The Corner
October has always been seen as the up month, not necessarily pump month though but the month we see a lot of crypto assets increase more than they dip. I usually love the month of crypto October, hence the reason it is jokingly called us uptober. The month of September will be ending tomorrow, but lately we have seen some little increase. The crypto market has been on a free fall for so long, seeing a little increase in price is something worth celebrating.
The crypto space has been quiet for a while, we haven’t heard anything that will make the market pump so hard, although there have been some good news coming from the regulatory aspect, at least the SEC chairman admitted that Bitcoin is not a security. After the Ripple lawsuit victory, I guess people are not going to be taking whatever he says seriously anymore.
I am going to give Bitcoin and Ethereum the credit, they have been holding up pretty good, Bitcoin is still on $27k and Ethereum is still on $1,600, this is obviouslt because of their usecase and utility making them way more relevant in the crypto space. If you were an early investors of any of these coins and you are still hodling, then you should have some sort of peaceful thinking. Because, in two years the two assets have been up more than 120%.
In a long time, this is the first time I have no crypto price expectations. I have already gotten a lot of crypto price disappointments this year, I don’t think I will be putting my expectations on it for now. May be till the bull market resurfaces its head again.
So far so good, I have been happy with Hive’s price movement, it’s been gradually increasing without a huge pump, all I wish is for Hive to be back at its $1 price mark just so I can fee full filed again, it’s been a while. Uptober might just be by the corner but don’t get your hopes very high.
Posted Using LeoFinance Alpha