RE: BCH Update: Prominent BULLISH ABCDE pattern?

You are viewing a single comment's thread from:

BCH Update: Prominent BULLISH ABCDE pattern?

in bitcoin •  7 years ago  (edited)

Currently, only about 2% of the global hashrate is being used to mine BCH. This not only means slow transaction speeds but I'm foreseeing a clogged network unless next difficulty change kicks in.

I doubt we'll be seeing BCH anywhere near bullish in the short term. Actually, I think it'll go down even more.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yes I've heard of that, that would also make it vulnerable for a 51% attack, but I'm just pointing what the technicals show me, have a great day!

Makes sense mate, you've a great day too!