(Trade thread on Yours.org (check my signature) will be posted in a while)
It's been a while since there's been an opportunity for a long trade on Bitcoin Cash, in terms of what's safe and responsible to call at least.
Looks like we've found that situation.
BCH has diverged from BTC primarily because the BCHBTC pair has finally broken out above 0.18, MMs...
Ok so the segwit2x fork is going to occur within few hours. Every person holding BTC will receive B2X with a 1:1 ratio. Meaning if you have 1 bitcoin you will receive 1 B2X. If you have 0.3 BTC you will get 0.3 B2X.
No you don't need to do any action to get the B2X coin. After few weeks from today exchanges will start adding B2X so you will be able to trade it....
BTC failed on Fibonacci 23.60%. At present the most evident formation is a symmetrical triagle and MA200 and MA50 are in bearish trend.
Important factor will be Segwit2x scheduled for tomorrow.
After the healthy correction, which I already mentioned in previous ideas. BTC perfectly bounced its new trendline, and formed a strong support. Besides that, I will not be surprised if BTC will rise faster than BCC next days, because of the hard fork Segwit2x december 28th. Besides that we will collect our free BT2.
(Verbose post coming to Yours.org shortly (in my signature))
So, this is reality. Yes, crypto is a long-term big bull run that’s nowhere near global adoption levels. That is the truth. However, there’s a saying everyone has heard before:
"The market can stay irrational longer than you can stay solvent."
Time frame is what matters. Over the course of 2018, I’m...
Bitcoin Cash has had a bit of a bullish run the last few days. That being said, we all know about possible Dragonslaying and Cashening scenarios. But, when are they? Where could they be? Many things are hard to decipher and hard to see.
Bitcoin Legacy just had its difficulty adjustment. 18% up to a new all time high. There's a lot to talk about, more than I can...
THERE'S MUCH GROUND TO COVER. HERE ARE SOME TIPS I WROTE TO KEEP MY SANITY. HOPEFULLY THEY HELP YOU.
1. Stagger ALL Buys and Sells
2. Cut losses if you need to, but don't jump back in when you do
3.Don't EVER buy Higher than you sold
4. USE THE BUY AND SELL INDICATORS
5. Hold your position firm. You are gambling on this one, so assume your money is...
How is everything doing lately? The crypto market have been very hot lately with bitcoin on a killing spree. However, not every spree last forever. Especially if what it was offering before, B2X coins, are no more. We should see Bitcoin correcting itself to previous level before the event. Money will start flowing back into alt coins, making Bitcoin correct to a...
SegWit2x hard fork has been cancelled profit taking has started, we had a textbook reversal doji with a red 9 couple days ago, if this days candle closes as a gravestone doji there would no better indicator for trend reversal.
Well, that was interesting. And unexpected.
1. Segwit fork cancelled
That crazy segwit fork that no one really wanted anymore? Got cancelled just now. All the people that accumulated bitcoin in anticipation of the fork (like, getting out of alt-coins), well, no fork = no need to hold BTC for the fork.
2. BTC reached new ATH
Right at about the same time...
Bicoin fork on 16th November will be great opportunity to buy Bitcoin since you will recieve also Bitcoin SegWit2x which seems to be poised to have value of about 20 % of Bitcoin . Most likely classic Bitcoin will shortly fall down (another buy opportunity) before it will rise again as it happened in previous forks.
More about the fork can be seen on my steemit...
BTC head and shoulders formation. Signaling trend reversal. The moment is coming. As I stated in previous analysis in my view BTC will not full correct until we get through Segwit2x, the chart is playing nicely into this timing of Nov 15-16 start of correction. A week seems a long way away now though. Perhaps BTC slips sideways range bound until then or makes...
As I had already mentioned in my DASH analysis BTC community is really uncomfortable right now with all this 2X disturbance and it looks like we can expect some capital flow from Bitcoin to alts in nearest future.
I personally consider LTC as the most conservative, stable and reliable altcoin. This is why I expect new rise of Litecoin around November 16...
BTC community is really uncomfortable right now with all this 2X disturbance and it looks like we can expect some capital flow from Bitcoin to alts in nearest future. November 16 is expected hard fork point and it looks like new wave of DASH rise can be expected near this date.
P.S. Me myself redistributed 40% of my BTC to LTC, ETH, DASH and XRP.
If you have any...