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The king coin is back at it again with another bearish hammer, pushing its investors to another stay-or-leave situation before the crypto winter ends. Numerous investors are pulling out their stakes and investing in the new luxury coin The Hideaways (HDWY) to continue the momentum they want to acquire before their 2023 crypto journey starts.
Tweets from Bitcoin (BTC) HODLers on Sunday said they will undergo self-care and are moving their holdings toward other coins because of the bearish sentiment. Following the tweet, approximately 6.95% of the crypto is sitting in the exchanges.
Bitcoin's (BTC) supply exchange declined to its lowest in four years. In addition, the coin slumped even further to the pits due to the FTX fallout. Meanwhile, The Hideaways (HDWY) gains popularity with its presale event despite the plunge in the crypto market.
Though the decline affected the exchange activity in the market, others see the decline as an opportunity to acquire the coin at a discounted price.
King Bitcoin (BTC) has been the top crypto traded since it dropped to a price of $15,800, triggered by the FTX incident. However, CryptoQuant analyst MrPapi stated that the bearish sentiment might be pushing Bitcoin (BTC) and other coins to a further decline.
According to the analyst's readings, the Exponential Moving Average (EMA) seemed different from the projections from the network. At the time of writing, the EMA of Bitcoin (BTC) stands at 50 EMA instead of 200 EMA.
Lower EMA states that the long-term expected growth of the coin could be growing slower than usual unlike The Hideaways (HDWY) with a strong growth factor caused by the ongoing presale event.
The Hideaways (HDWY) has been blowing up in the crypto market and it is said to take over the cryptocurrency market in 2023 by storm. Even coin holders from the king coin Bitcoin (BTC) are withdrawing the capital and joining the project to amass huge returns.
The project is the first to link real estate investment with cryptocurrency. It is a luxury property platform that allows its investors to acquire real-world properties backed by professionals that could accumulate to more than 40 times on ROI.
In addition, crypto analysts project a 16,000% expansion by 2023 and the room for growth opportunity is massive because of the platform's small market cap of just $100 million.
For a low price of $0.10, this crypto project is one thing you wouldn't want to miss!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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