Gentlemen,
I still think we'll be surprised by B.
As you can see here fork.lol/pow/retarget Bitcoin Core's periodic difficulty setting is scheduled for tomorrow 24, around 4pm.
It will become more difficult and consequently less profitable to mine Bitcoin, and it is at this point that miners tend to migrate their computing power to Bitcoin Cash.
In the last 2 times the difficulty was adjusted, that's exactly what happened, as you can see here: fork.lol/pow/hashrate
And just look at the graphics to see what happens to the BCH in those moments.
The sequence of green poles and the high volume in Bithumb indicates that the miners have been preparing the ground since yesterday.
It turns out that from this day 13/11 the difficulty adjustment algorithm of the BCH is another, so the joke can get much more serious.
Depending on how this dynamic fit behaves, it may be that this time the miners migrating to the BCH do not want to go back to the BTC.
It seems to me, it's starting tonight things are starting to get interesting.
Based on Fibonacci, we will have several resistances until we reach the historical top or surpass it.
Right now we're parked on top of the first one.
I entered the $ 1,380 breach and I am here hugging in my BCH, following closely to see how far it will go.
Good luck to everyone!
I still think we'll be surprised by B.
As you can see here fork.lol/pow/retarget Bitcoin Core's periodic difficulty setting is scheduled for tomorrow 24, around 4pm.
It will become more difficult and consequently less profitable to mine Bitcoin, and it is at this point that miners tend to migrate their computing power to Bitcoin Cash.
In the last 2 times the difficulty was adjusted, that's exactly what happened, as you can see here: fork.lol/pow/hashrate
And just look at the graphics to see what happens to the BCH in those moments.
The sequence of green poles and the high volume in Bithumb indicates that the miners have been preparing the ground since yesterday.
It turns out that from this day 13/11 the difficulty adjustment algorithm of the BCH is another, so the joke can get much more serious.
Depending on how this dynamic fit behaves, it may be that this time the miners migrating to the BCH do not want to go back to the BTC.
It seems to me, it's starting tonight things are starting to get interesting.
Based on Fibonacci, we will have several resistances until we reach the historical top or surpass it.
Right now we're parked on top of the first one.
I entered the $ 1,380 breach and I am here hugging in my BCH, following closely to see how far it will go.
Good luck to everyone!
Trade active:
next resistance 1800 - 1830