Increasing volatility after the change in trend from downtrending to uptrending. Potentially a swing-traders market Important dates ; 1 Day from now- BCH difficulty decreases by ~ 9% 1 Week from now - BTC difficult increases by ~ 20% Cumulative effect may potentially see an increase in hashpower by at least 1.2x 1.09 = ~ 30% (minimum) as the BCC/BCH chain...
Mortgage your house and kids, leverage 100x long This baby is going to blow! Jihans meme-magicks & BTCS triple topping $4836 combined with Goldman Saschs BTC FUD means we have a chance
RSI Looking good Moderate support / resistance forming meme triangle Possibly bounce to next fib level
This currency doubles every year creating possible issues with excess supply with limited demand (unless you are a famous blogger). Rapid free fall inc, with no clear defined support areas Disaster Incoming? Devs need to control redefine the supply or find a way to drastically improve user adoption Personally not game to catch this falling knife
Bounce off major support looks likely with a great entry position currently, however - Short term may triple top - possibly a good exit position for swing trading
Possible re-entry pending August 14th as a wave of poloniex BCHUSD is unloaded. With mining profitability possibly expected to reach parity at August 16 as per the below URL, this may signal a great re-entry i.redditmedia.com