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DU09
Jan 28, 2021 7:09 PM

VTC/BTC - Bullish towards 1,000 satoshi! Long

Vertcoin / BitcoinBittrex

Description

Vertcoin fork to a new mining algorithm is right around the corner (less than 2 days to go).

wenvtcfork.xyz/

Hence VTC will quickly become a to-go coin for GPU mining and this will be reflected in its price which is already rising steadily since early January. At only .20 cents VTC is a bargain considering it's ATH is at over $10!

A $100 buy here can mean 5k if we are to reach ATH levels in this new bull market. That may look unlikely now, but if VTC goes over 1$, then a lot of interest will gather quickly. This change in the mining algo can take us there.

At the same time the technical indicators are looking great on most timeframes and especially on the weekly chart where the indicators are curving up and MACD is 2 weeks from turning positive. It already did on the USD pair.

Price action looking good and bias remains bullish for now.

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Comments
abel11
Thank you. Always appreciate the insight.
TheSignalyst
Fantastic view 🙌 i like your chart
DU09
@TheSignalyst, Thank you!
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