There were some negative thoughts about Bitcoin going to 30k again. Grayscale has been selling their Bitcoin (GBTC) and some of they has been flowing to other ETFs. This generated some negative feedback and some weak hands sold their Bitcoin.

We had every reason to dump. ETF sell the news event, outflows from Grayscale, but we are still above $42,000. Imagine what is going to happen when:

The block subsidy drops from 6.25 to 3.125 BTC this April.

Here you have a chart of the Bitcoins held by the ETFs.
Grayscale still have control over 500,000 Bitcoin. I would like to see this number around the 300k mark. I won't think they will be selling Bitcoin at the same rate of last days. I expect a slow selling pressure from them.

HIVE hodling strong

I've wrote several times that I am surprised of how well HIVE is sitting around 0,30$. The other bear markets hit harder than this one.

Last HIVE bottoms:

• 2017: $0,08 approximately.- 2020: $0,11 approximately.- 2023: $0,25$ approximately.I was personally waiting for lower than $0,20 and was going to place big orders there. I finally had to buy between $0,25 and $0,33 which is not that bad.The OGs know that HIVE doesn't move at all until it spikes like crazy. I will be there waiting for that spike.Have a great day!

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