moha89
Short

Is BCH correcting faster than BTC?

BITFINEX:BCHUSD   Bitcoin Cash / U.S. Dollar
Look at the similarities between Bitcoin Cash and Bitcoin Legacy pattrens. Is BCH correcting faster than BTC? Which might mean that it could go up before BTC and BTC has not finished correction yet. Let us see what will happen.

THIS IS NOT A TRADE SIGNAL, JUST AN IDEA.
My theory is that the entire market will continue to move as one. However, BTC will maintain it's market dominance, not because it goes up faster than the other coins, but because it goes down less with every little dip on the way up. In the end, with all the ups and downs in sum, BTC will outperform most other coins.
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From the fundamentals, often larger investors sell positions to reduce risk over holidays so they can relax then we saw the surge in BTC from 25th Dec likely being family/friends gathering around the Christmas table and talking about how well they did in "Bitcoin" this year. Some of the Bitcoin Core optimism may carry into the new year then we'll reassess. Hard to predict how this affects Bitcoin Cash. Often BTC and BCH see-saw directly against each other, however BCH is now picking up Coinbase purchases and holding its position against BTC rises more than it used to. I like them both but I see BCH having a very strong 2018 with more upside potential than BTC.
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all in,,,
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