Not to mention that #fuckbitcoincash is adding to this historical moment. If we pass this last $5,700 level of support that we built from October 11th to Halloween 🎃 👻 😈 - there's nothing holding us back from crashing back down to our pre parabolic spike upward and double topped all-time-high of just under $5,000.
Remember how long we did the $3,500-$4,500 dance.. That's where I think we may be headed. With a lot of the stack sitting in #fuckbitcoincash this actually seems very realistic. $3,600 would be one hell of a sale. Just look at this chart for a little. We have been obeying the trends.. We should see some resistance here at $5,000. This could hold, but I'm almost hoping it doesn't.. aren't you? Isn't everyone? Haha!
We have solid support at $4,000, but this is a trader's market.. Look what happened last night... I bet a lot of those will find there way back to the King
Been watching the bitcoin fluctuate over the weekend between 5.6K to 6.1K. It did reach an ATH of 7.4K USD. At the time of me writing this comment, BTC just regained it's position to 5.8K from 5.6K only moments ago.
BCC has taking a substantial amount in a very short period. Reaching it's own ATH of 2.4K. WHo knows if it can hold it's position for long. Is it new Fiat coming in? trades from altcoins? During the weekend, it was enough for BTC to lose 2% of it's market dominance from 54% to 52%. Current it's at 51.2% according to Coincapmarket.
I still believe BTC will remain king. I don't even have much in BTC i have more invested with alcoints. But since I'm currently stuck making a FOMO trade with BCC, I do hope BTC plummets down further to regain what I lost.
PS All fiat currencies in USD.
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I'm aware of the ATH of 7.4K USD, and 5.6K too, that is not part of this equation anymore if we pass 5K, but is very important for our next bull run.
This is great for ALTs. The USD value may look pretty bad but in terms of BTC they will look great soon. II'll be trading into BTC for sure come these lower levels.
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