BCH/BTC - Why Bitcoin Cash is now heading towards the abyss
Updated
Over the last few days - especially since the IPO filings of Bitmain - it has become clear that the price of Bitcoin Cash has only been artificially propped up by mainly one dominant player, which is Bitmain. It has become clear that Bitmain has made a losing bet. The price of BCH cannot be artificially held up any longer, and therefore it will only go down from here.
In short: Bitcoin Cash is dead, and it won't return anymore. This is what has become clear.
Today, the price of BCH has finally started selling of below the 0.9 BCH/BTC price.
For further reading:
medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1
Please note that this article was already published on 1 March 2018, 5 months ago!
medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3
And see various Twitter accounts, such as Vijay Boyapati (@real_vijay), Parabolic Trav (@parabolictrav), and others.
In my opinion this is fundamentally good news for Bitcoin (BTC).
In short: Bitcoin Cash is dead, and it won't return anymore. This is what has become clear.
Today, the price of BCH has finally started selling of below the 0.9 BCH/BTC price.
For further reading:
medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1
Please note that this article was already published on 1 March 2018, 5 months ago!
medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3
And see various Twitter accounts, such as Vijay Boyapati (@real_vijay), Parabolic Trav (@parabolictrav), and others.
In my opinion this is fundamentally good news for Bitcoin (BTC).
It is all Fibonacci.
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