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lazytrade
Apr 21, 2018 8:17 PM

BTC vs BCH - 1D Area, 50/200 MA, 45 Degree Trendline Study 

Description

Trying to figure out of BCH is going to kill the King.

Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching.

Honestly, right now it hasn't been BTC miners selling coins.. it's been crypto people longing & shorting each other to death, rather than it has been BTC buying & selling to pay for goods & services.

If one of these breaks the 200 MA and the other does not.. give it the crown.

Comment

BCH is concluding it's bull run by smacking the 200 MA after just crossing the 100.. going to crash faster than it mooned I bet.

Trade active

Made it across the 200 MA in a herculean effort.. it's a long fall from the top eh!

Comment

BCH 4H MACD on 400 and CCI around 200, lol.

Nothing to see here, move along..move along.
Comments
Techmology
Seen total market cap BTC vs alts? BTC continuing to lose ground
lazytrade
@Techmology, Just checked, lol. The bots will come to life soon and drain them allllll.
majorlee
@Techmology, yeah man BTC Dominance: 37.8% as of post date
astrologychick
Ahhhh, thanks for looking at this as the horserace it truly is.
And this is how I see it - as a non-trader but clairvoyant person ;-)
yours.org/content/bitcoin--btc--vs-bitcoin-cash--bch----why-the-traders--and-everyone-e-1079d2553f4a

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