I don't fully subscribe to this idea, but the chart is clear. We have a weekly rally for 2 more weeks, daily currently in a pause, but could rally again in 3 more days. This basket hit the first weekly target, so it could stagnate if BCHUSD keeps falling, or, it could rally to target #2 over 14k. It might not be a bad idea to reload on BCH, to match your numerical amount of BTC held, if you sold already -ideally higher-. Let's see how it evolves...Once this rally ends, we might start a bear market for 2 years, possibly due to the mess caused by miners and the political factions in BTC. Some altcoins might benefit from this, like ZEC and XMR which I already discussed in a previous publication, or LTC, that could be seen as a BTC replacement, without the drama, or many more. Will be an interesting period, a boon for 'stock picking'.
Cheers,
Ivan Labrie.
Not
I just notice the typo in the title: like some say...not someone. Darn.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.