Seems that the 6100 resistance was too much to handle. If we can't go up from today's BTG fork, then we will go down to somewhere above 4,200. From there, I don't what's going to happen next. It's better to trade the present than the future.
Interesting, but personally I'm much less bleak on BTC and pot for further decline.
Reason:
Composite man: BTC fork, get btg and sell BTC immediately for alts, alts rally happens, wait for BTC to dip immediately after fork, happened, self-fulfilling prophecy here. No catastrophe, oh BTC recovers, let's sell the alts back to BTC. I expect new BTC ath soon, with most alts giving back gains and more, except maybe STR. Good luck and happy trading to you.
Reason:
Composite man: BTC fork, get btg and sell BTC immediately for alts, alts rally happens, wait for BTC to dip immediately after fork, happened, self-fulfilling prophecy here. No catastrophe, oh BTC recovers, let's sell the alts back to BTC. I expect new BTC ath soon, with most alts giving back gains and more, except maybe STR. Good luck and happy trading to you.