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Mux
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HIVEUSDT
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75X
+563.00%
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0.5298929
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Mux
@Muxxay
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It's getting harder and harder to obtain some Bitcoin! #BitcoinHashRateSurge has doubled in more than 12 months hitting 1000 EH/s! While this could be devastating news for the environment when considering energy consumption, especially for those using non-renewable sources, it's good news for holders of sats and the crypto-verse in general. The scarcer the commodity gets, the higher its price goes pulling many other digital assets upwards with it. Not so much good news for miners though as they have to spend more to obtain the same quantity of commodity they were getting 12 months ago even though selling at better prices.
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Hedge mode is helping prevent this
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Many coins follow Bitcoin's movement which at the moment seems to be bearish on the 4hr but looks promising on the 1D for my #CryptoReboundStrategy , I am waiting until the start of the trading day tomorrow to see what Bitcoin will do so that I can settle on what to do. As the beginning of a new day and week, and the second week of the year, it is a very crucial start. Its direction will determine the direction of the overall market. While I do hope it goes up a bit, right now it doesn't look very promising so waiting is key. But things move fast in the crypto verse. Let's watch! 💪
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Thanks for the headups 😁
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I'm sorry for this. 💔 funding fee on Hive is currently very high. I'm holding on to my hedge to avoid it.
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