Bitcoin Cash: Rubber band snapped bullish up!

in bitcoin •  7 years ago  (edited)


Cheers to anyone who profited on this call! Keep posted....more to come! This kind of a rise in BCH is amazing, even amongst heavy talk of how it will crash because all the BCH wallets released from poloniex and other exchanges will create a selling sunami. This is one example why I rely more heavily on TA rather than fundamental analysis. Elliott Wave states that a reason or an event shall arrive to justify the forecast and not the other way around. This means TA begets fundamentals.


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.

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We all know - this is pump and dump. One miner is responsible for 92% of blocks. However, mining BCash is a lot less profitable than Bitcoin. Someone has enough resources and mine and pump BCH. Who can this be? Maybe Bitmain because they can mine BCH with Asics Boost?

I blame Roger Ver for everything!

it was me.. I pumped it. you're welcome

Thanks for sharing

Glad I held mine.

Me too! I wish you MASSIVE profits! Keep checking my blogs....many more updates to come!

Enjoying your blog tons. Makes me want to be back in the game. Just been holding the tops this year.

Seems like FOMO is kicking in. No one wants to lose this opportunity. Great to see the gains but should stabilize soon. Hope it keeps the bullish trend on.

And stabilize it shall. The triangle it broke out of was pretty sizable and it would be surprising if it goes back to $300 or lower.

Thanks for sharing. I wouldn't be so confident that it explodes without your TA. You have a beer.

Thanks! Many more blogs to come.
I wish you Massive profits!

I've been scaling into a bit of BCC over the last week and just patiently (lol one week) held on. Your TA combined with another person I follow (on top of my own TA) just kept pointing towards BCC breaking out.

It was way too stable around $300, something had to happen, I'm hoping today is just the first wave.

I agree. Will post updated Wave counts once prices further develop.

So far I owe you at least a few beers. :)