Hi @haejin thank you for this amazing analysis.
My only concern is about the BCH behavior which is now negatively mirrored from BTC. When BTC goes up BCH goes down and vice versa.
So what do you think about it. It may interfere on this analysis?
RE: Bitcoin Cash (BCH): The Bottom Could be Complete and so Prices to go UP!!
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Bitcoin Cash (BCH): The Bottom Could be Complete and so Prices to go UP!!
I'll address this in tonight's update for Bitcoin. Coins can go phasic or nonphasic and back and forth. This means there are no reals why sentiment can't have BTC and BCH both go up for a while.
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Yeah, the whole BTC down and BCH up thing was a current event, and now I think they can both climb together.
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I believe in it too. Any moment they will go up together and this pattern will change. But for now I prefer to wait a bit more and see what happens to BCH when BTC return to $8000 levels.
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