HBAR Price Action
March of 2020 – HBAR was trading in the $0.025 range. This was a really good time to accumulate.
November of 2021 – HBAR was trading in the $0.57 range. This was a really good time to take profit.
December of 2022 – HBAR price dropped into the $0.035 range. That’s a draw down of about 94% which we believe was the bottom and a good time to start accumulating.
We believe that in the next market cycle the price of HBAR will reach the $2.20 range which would be a 62X move. That means a $5,000 investment would turn into $310,000.
It’s pretty tough to buy the bottom and sell the top. However, buying HBAR today with a plan to exit your position as the price nears $2.00 could produce a 10X return.
Important: This information is for educational purposes only. Please seek professional advice before investing in cryptocurrency.