IvanLabrie

BTC+BCH: 1 full Bitcoin like someone say

Long
IvanLabrie 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.
Comment:
I just notice the typo in the title: like some say...not someone. Darn.
Comment:
Trade closed: target reached

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

linktr.ee/ivanlabrie
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.