BTC, Hive Prices Pump Up Above 0.71%

Bearly 24hours now into this beautiful weekend, we saw the prices of Bitcoin rises up to 0.71% - 0.9999 B leading to $95,372.78 thereby making some gains.

The price performance shows this in the chart below

Meanwhile Hive in the other hand has equally witness an increase in price following the rise in btc. The price today stood at 0.0112 as seen in the CoinMarketCap chart below

What Could Be Responsibility
Three factors have been identified for this sharp increase such as:

• Btc Accumulation by Whale - where 3,000 btc have been bought ($280m)
• Shift in Bullish Sentiments - Social media eruption
• Technical breakout - holding above critical SMAs

Looking from the prevailing situation, we might be tempted to ask, can btc sustain this rising tempo and hit above $96k?