RE: WHY BITCOIN GOLD FORK WILL NOT CAUSE HAVOC!!!

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WHY BITCOIN GOLD FORK WILL NOT CAUSE HAVOC!!!

in bitcoin •  7 years ago 

If it happens, it will be just another altcoin, Bitcoin Cash will crash and Bitcoin will continue its up trend even more as the specter of hard forks is left behind

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That's possible. But, for me, there is a huge difference between possible and probable. My TA shows that BCH won't crash, rather climb high with Bitcoin. Here is my analysis:
https://steemit.com/bitcoin/@haejin/bitcoin-cash-bch-is-set-to-breakout-and-probable-direction-is-up

I have to admit, BCH has the strangest chart ever... would you recommend holding it when there are a lot of other better alternatives ?

  ·  7 years ago (edited)

I always look at the dolloar potential of the coin. To me, the dollar potential of BCH is MASSIVE. It's a matter of hours to a few more days until this huge triangle gets resolved. My analysis is for the upside. The blue smaller triangle to me is a fractal of what's to come for the larger white triangle. The price explosion the blue triangle resulted in will be nothing compared to what the white triangle will give.