Long

BTC+BCH: 1 full Bitcoin like someone say

Updated
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.
Note
I just notice the typo in the title: like some say...not someone. Darn.
Note
snapshot
Trade closed: target reached
BCHUSDBeyond Technical AnalysisBTCUSDChart PatternskeyhiddenlevelsrgmovtimeatmodeTrend Analysis

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Also on:

Related publications

Disclaimer