I have been observing [Bitcoin](https://inleo.io/@leoglossary/leoglossary-bitcoin) and [altcoins](https://inleo.io/@leoglossary/leoglossary-altcoin) closely throughout the day. There was a quick movement in market at different times of the days. Bitcoin price reached highest of $63517 and lowest of $61671 for the day.  If you look there is difference of around $1850 between highest and lowest price. It is not a small difference which means market has moved more than average.

Bitcoin price is recovered a bit but its still in red at this time. The gap will be covered slowly as we know that Bitcoin correction is a normal thing. We know that what goes up also goes down. So this is just a little correction and hopefully it will be green again in a few hours. 

Bitcoin correction has pushed down altcoins as we know that the market moves with the Bitcoin direction. When Bitcoin goes up, altcoins go up , similarly when it goes down altcoins go down as well. This is why Bitcoin is known as king of [cryptocurrency](https://inleo.io/@leoglossary/cryptocurrency) . 

![Bitcoin-Exchange-1140x570.jpeg](https://images.hive.blog/DQmRBuYQvSDk923T3wz1u7cFBKhJASbGJpwR1x68o6EKQ3d/Bitcoin-Exchange-1140x570.jpeg)
[src](https://thevrsoldier.com/bitcoin-sees-massive-exodus-from-exchanges-as-it-aims-for-28k-again/)

Bitcoin is trading at $62500 currently which makes it look difficult to make new ath but it is possible and could happen in end of this month. We know that bullrun is yet to happen so we can expect market to go bullish in the coming days. 

Hive price is also observing down times since very long. There has not been any big movement. It looks like it is stucked in the range of 30 and 40 cents. This is very disappointing indeed.  I remember When Bitcoin was below $30k , Hive was trading around 30 cents and now when Bitcoin is doubled , Hive is still trading at 30 cents. This is disappointing when it comes to Hive price performance. 

Current hive price is looking boring as there is no proper movement in its price. It needs to break the resistance levels and cross fifty cents.  Its been long thar we have not seen it going above 50 cents.

![1_qBd-1140x570.jpeg.webp](https://images.hive.blog/DQmQ6YCXPkE3SoiVfd6jYRoPiz59szf1z2tad1d7s7AQ7vk/1_qBd-1140x570.jpeg.webp)
[src](https://techbuild.africa/review-what-is-hive-blockchain/)

Many people say that hive price is stucked because content creators are selling their rewards. But in my opinion it should not be an issue as Selling is just a normal thing. The downfall of the price could be due to several reasons. We are not doing proper marketing. 

Marketing plays an important role when it comes to the success of a project. Hive lacks adoption which should be taken care in the first place. We need to promote hive to outer world as much as possible so that more people know about it. 

When every coin goes up other than what i hold it feels very disappointing. But i believe that hive has a good future , it just needs proper leadership and strong community who works with strong mindset to push hive to new heights.  Hopefully good things will come by soon. Till then we have to wait patiently. 


Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.

***Motivation Dose***
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.

***About Author***
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.


Posted Using [InLeo Alpha](https://inleo.io/@coolguy222/bitcoin-and-hive-performance)