HIVE Blockchain Technologies Ltd (HIVE)

[nlightn]

this is how i'm viewing recent developments with HIVE and the new shares released.

my spidey senses are in the thought that HIVE released these shares b/c they have information that more institutions, mutual funds, hedge funds, etc want in on HIVE,...when this occurs the underlying price can appear that it is stalled and is caught in a channel with buyers and sellers neutralizing each other,...

it's the institutional buying !

my WAG is that these institutions, mutual funds, hedge funds, etc want in a specific price,...ex; between $3.10 - $2.77 (this is only an example i don't have this information),..once these institutions have the share positions they want the mm's will let HIVE underlying price go,...

right now its consolidating,...this is the first phase i'm looking at for this institutional buying to begin,...this price action might not be what i am citing,...its kind of early to decipher,... but if it is this is the buying opp at these lower prices.

so i'm totally A-OK to buy at these prices,...and if it appears to break it's uptrend.

i know this price is not going to be here long after new news is released.

my two cent WAG 8^),..take it fwiw.