Keep an eye on BFCHNew management, social media presence building, chart risk/reward setup, and Bitcoin Narrative building again.
BFCH trade ideas
BFCHLooks good, with some potential downside, it all really depends if the bulls keep eating up the dips or not. Either way BFCH could take off here or take 1 more dip.
BFCH descending triangle BFCH has been largely quiet since Feb due delays in their cooling system because of ice storms, so people have started to leave because "this company a scam"
If they start getting more active and begin their mining again, look for it to test the 0.218 cent support again and expect a bounce up
If they are like Bravo Six and go dark again, expect them to drop and continue the downtrend
BFCH - Just Waiting on a Company UpdateBFCH - A $BTC mining operation with 4 employees.
In November they announced they got the power on at their facility. It's been two months of no news, and I'm hoping that they're planning to announce that they're operational and mining with their next company announcement. It's tracing BTC nicely, and with BTC's rally holding strong with tons of upside, BFCH could start a FOMO buying frenzy with a major announcement.
Could see $0.05 in the next 30 days and could potentially go to the moon. I am biased as a Bitcoin believer and a heavy investor in BFCH... this is definitely not trading advice.
BFCH .0079 BitFrontier Capital Holdings Chart and HypotheticalBFCH .0079. Many catalysts here including a pending Form 1-A and company working on major share cancellation. Chart shows a hypothetical pinching point using trendline off beginning and peak of run and looking at trend off peak as well as current floor and channel holding since name and ticker change from PURO. I think there is a lot of potential here and chart been building just this past 2.5 months. Just my opinion.
